Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1892-11-26

Lord Stanley, Goye-nor-General Of Canada,
Yesterday called upon Sir John Thompson, MIN
ister Of Justice To form a now ministry. SIR
John accepted tho task and will announce the
choice Of his advisors early next week.
Superintendent. Fisher. Of the southern Ex-
press Company, has Just completed hne pleceo
detective work IN the arrest OF three traln-roD-
bers at Adairsvlle, Ga, thirty miles south OF
CbattauoOga. Their names are Ben. Morrow,
George Green, and Henry Leake. Superintent-
ent Fisher secured strong evidence against them,
and one Of them has confessed the crime
The Tulmauite members Of the South Carolina
Legislature, Oi whom there are four to one Con-
servatiye iuaugurated general caucus system
Yesterday IN secret sess'On. They decided 10
hold caucuses at intervals when they viii shape
ALI matters OF legislation. The Conservatives
will DO excluded, and everything VIII be decided
by the will OF the majority az the csucuses,
The first of series OF bills directed az
wrecKers Of railroad companies passed the
Georgia House Of Representatives yesterday
afternoon by a vote Of Bio TO nothing. inc
measure thus passed provides for preventing
the consolidation Of stock In the hands OF
few people who would place the same IN trust
companies or corporations TO be held practically
In perpetuitY'
In talking about the loan made by the Mutual
Iife-IusnIance Company OF New YORK TO tue
Georgia BANKING and Railway Company, Trea-
surer cromwell said yesterday: Arrangements
were made for \ loan OF S7OO,OOO. Inc COM
pany have collateral in the shape OF nrst-mOrt-
gage bonds amounting 70 Sl,hOO,OOO. Inc IN
aurance COMPANY insisted on certain conditions
being made before they would turn over the
money. II those conditions are not complied
with the insurance company viii recall the
loan"
Saws Montgomery (Ala.) special TO the AssO-
ciated Press: The business boom which Ala-
hama has felt since the reelection OF Mr.. Cleve-
land, as reflected here, isphenomenaL There IS
n great demand for stocks and bonds aud gen.
eral speculation is brisk. The rapid Jump IN
the cotton market has caused an actlvlty mat
Montgomery has not known for years. u Is estl-
mated that the profts of this city from specula-
ton since the election will exceed Sl,OOOOOO
The boom has made more pressing the demand
for currency.
There was n hearing in the United States Cir
cult Court at Boston yesterday on the applica-
tion OF the American Bell Telephone Company
and Professor Alexander Graham Bell Tor an
extension OF time until November 4, 1893 In
which 20 Introduce further testimony before the
examiners in the suit OF the United
States 70 annul the Bell patent OF
seventeen years ago on the ground thAt
Daniel Drawbaugh was the inventor. Inc
United States opposes the motion for extension
OF time and saws the examination OF the defend
ants will be prolonged unnecessarily. some OF
the Bell patents expire within short time, ana
the case, IL says should moi De penulnB after INC
patents have expired
The banks Of issue in Alabama do not issue
within % per cent. Of the amount 10 which tney
ara entitled hence the State-banK question IL re-
ceiying much attention there. Senator hillner,
the founder Of the city OF Birmingham, and who
has been in public life IN Alabama for nifty years,
is at the head Of a movement looking towards
the establishment OF State banks. The general
/ plan is to authorize banks which shall De per
mitted to issue bank notes within 10 per cent.
of tho amount Of the bonds which 10 viii deposit
with the State treasurer, the 10 per cent tax
law being repealed as a condition precedent.
these bonds may be State or municipal bonds
or good railroad securities. Senator hnner mas
invited the bankers Of the State TO meet ID Mont
gomery next week and talk the matter over.