The Yakima herald. [volume] (North Yakima, W.T. [Wash.]) 1889-1914, 1893-07-06
EXTRA SESSION or CONGRESS-
President Cleveland Calls II for Aug. 7.
Business Confidence Returning.
senator squire In sued for Millions.
Charged with Appropriating
Trust Property..Death
OF Banker Drexel.
On Friday last President Cleveland is
sued the following call:

On Friday last President Cleveland is
sued the following call:
EXECUTIVE MANSION,
WASHINGTON Cry, June 81. 1885,
WHEREAS, The distrust and apprehen-
sion concerning the financial situation,
which has pervaded all business circles,
have already caused a great loss and
damage to our people and threaten to
cripple our merchants, stop the wheels OF
manufacture, bring distress and privation
to our farmers and withhold from our
workingmen the wages Of labor; and
WHEREAS, The present perilous condi
ton is largely the result Of the financial
policy which the executive branch of the
government finds embodied in unwise
laws which must be executed until re-
pealed by congress; now, therefore,
l, Grover Cleveland. president OF the
United States. in the performance of my
constitutional dnty, do by this proclama-
ton declare that an extraordinary occa-
sion requires the converting of both houses
of the congress. of the United States at
the capitol, in the city OF Washington, on
the seventh day of August next, at IL
O'Clock, noon, TO the end that the people
may be relieved through legislation from
the present and impending danger and
distress. ALI those entitled to act as
members of the Fifty.third congress are
required to take notice OF this proclama-
ton and attend at the time and place
above stated.
Given under my hand and the seal OF
the United States at the city Of Washing
ton on the 3Jth day OF June, In the year
III our Lord one thousand eight hundred
and ninety-three, and OF the independ-
ence OF the United States the one hun.
bred and seventeenth.
GROVER CLEVELAND.
The call for an early session immedi-
ately had good effect. Business at once
began to improve. Stocks and wheat adj
vaneed in sympathy with the feeling of
confidence, and the business expressions
from all parts Of the country were OF a
more healthy tone.
Complaint has just been served in an
action OF the supreme court OF Monroe
county, N. Y, against Senator Watson G.
Squire, OF the state of Washington, to
recover the sum of $1,000 900. The plain
tiffs are William S. King, OF Minneapolis,
and Floyd G. Shepard and Phil o. Osgood,
OF lion, N. Y. The contention is that
the plaintiffs, with the late Phil Reming-
ton and John N. Goodwin, OF lion,
formed syndicate and purchased large
amount OF real estate on the proposed
line OF the Northern Pacific railway in
and around the city Of Seattle, when in
1871, for tie purpose of selling, the com
plalnants alIege the property was placed
in Remington's hands by quit claim
deed, in trust for the syndicate, and that
in 1876 Remington gave warranty deed
to his son-in-law, at present Senator
Squire of Washington. 1t is alleged that
Squire used the property as his own and
sold large part of it, knowing the trust
character OF it to Remington and the
syndicate. They ask for an accounting
for lands sold and the transferring OF
that remaining unsold. The property
comprises many valuable properties in
the best portion OF the city of Seattle
and vicinity.
Anthony ]. Drexel, of Philadelphia, the
head of the great banking houses of
Drexel, Morgan & Co., New York, Drexel
& Co., Philadelphia, and Drexel, Hayes
& Co., Paris, died at Carlsbad, Ger
many, June 3Oth.