Arizona weekly citizen., 1893-08-05
3 understood the presidents message

is understood the presidents message
will deal solely with the financial situa-
ton. IL is expected the president will
leave for Washington Friday evening
that special cabinet meeting NAV be
held Monday at which the message will
be read.
CHICAGO, Aug. 1.-September pork
dropped from $40 to $40 per barrel.
A big deal in pork collapsed this
morning and caused the failure of three
leading houses concerned in 1t, ]. G.
Sleeve, E. V. Bsily and A. @. Halmbold.
The three houses which failed today
are simply brokers for man running a
deal and were compelled to suspend be-
cause of his inability to meet his en-
gagements with them. No statement of
the affairs of the failed firms, which are
among the most popular and respected
in the provision trade, have been made.
1t is estimated, however, that the deals
aggregate $4,000 or 10000 barrels, which
at loss of 80 per barrel on the lowest
price reached today. would involve
s450.00O to S55O,OOO.
John Cudahy, of the noted provision
| company, has notified the secretary of
the board of trade to close out all their
outstanding contracts.
John Cudahy, the pork operator of
the American Packing & Provision
company, and the big wheat firm of
Wright Il Eaughey have failed.
UPPER SANDUsKY, Ohio, Aug. 1.-The
Wyapdott County bank has suspended;
assets 100000; liabilities S750,00O.
PHILADELPHIA, Aug. IA receiver
has been appointed for the Philadelphia
Packing IL Provision company. No
statement but the failure is large one.
CEDAR RAPIDS, Iowa, Aug. IA. E..
Daniels " Co private bankers at Mar
Ion, have made an assIgnmeD, property
valued at 100000. The bank will be
open in few days.
SAN Francisco, Aug. Fire last
night destroyed the wholesale dry
goods house of Buyer, Reich & Co.
on Bush street. the loss Is $500. eco.
The fire was with difficulty kept from
spreading to the III. S. Crocker building
and Occidental hotel.
CHICAGO, Aug. 1.-The national
convention of the Bimetallic league met
this morning. Prominent silver men
from all over the country are in attend
ance. Chairman Warner called the con-
vention to order and Mayor Harrison
welcomed the delegates to the city.
Chairman Warner in the opening adj
dress called attention 10 the financial
depression and bard times existing at
present and said it was not just to at
tribute this state Of affairs to the Sher-
man aw OF 1890 as that law he'd given
the country an increase of $4,000 600
lie characterized the silver act Of 1873
as a CRIME and said be was willing to
have the act of 1890 repealed if the act
OF 1873 can be repealed By the same bill.
After the appointment of committees a
recess was taken.
Great crowds fill the hotel Iobb;es
and all seem united GA one program
that tne repeal Of The Sherman purchas-
ing act must be resisted to the last.
unless there be coupled with it an act
for the free coinage of silver or a great
er volume Of currency. Greenbackers
and populists are of course not particu
lar whether the legislation substituted
Tor the Sherman act shall be free coinage
or government green backs, but for the
sake of showing a solid front against
the common enemy, the mono-metallists.
they will unite with the free-coinage
men in concerted resistance TO Cieye-
lands policy unless a greater volume of
currency is ins ured to meet the string
ency of the financial situation.
In this program are found Republican
x-COngressman Castine of Nevada.
Democrat SILVER Dollar Warner of Ohio,
Popuilst kOlb of Alabama and all their
respective followers. and their name is
legion.
1t 10 apparent even now that the
work OF the convention is not 20 end
with sine die adjournment Wedres-
day. Aggressive committees are to be
appointed TO carry tie fight to Wash
lngtoD and the state committees to work
up public sentiment IN various states
Then the campaign committee is to be
named and TO this committee is likely
to be entrusted what is really the most
important work OF the fres-silver crusade
Mass meetings, nightly, for all the weeks
to come during the financial crisis are
to be held by the unemployed and
proverty stricken in every city of the
land, and resolutions presented and
adopted calling upon congress to pass
free-coinage bill. Proseiyting of labor
leaders of labor organizations is to follow
next.
1t is to be a great moral crusade
among the M sses until the popular
demand becomes so strong that the
voice of the people will be stronger than
the voice of gold Gas populists put 1t
tOnight.) Men who are to assemble
here are terribly in earnest and the
marked personality and in diligence of
most of their leaders give great signifi-
canoe to the gathering. 1t is thought
ex-senator Reagan of Texas will be
permanent chat man of the c0nven-
ton.
VIENNA, Aug. 1.-The Bosnian pro-
visiOnal government recently instituted
a long distance horse race between Bis
hacs and Seragavo, $50 miles. The dads
were rough and mountainous. All Of
the forty seven competitors rode native
horses. Nineteen riders were Austrian
officers. A Mohamme6an land owner won
the first pr re of 1900 crowns, given by
Emperor Francis Joseph. He covered |
the course in thirty hours and twenty
six minutes. Three horses died on the |
road.
DENVER, Colo, Aug. 1.-The state,
county and city officials in conference |
have decided that Camp Relief, where |
the unemployed are beng fed. will be |
abolished Thursday morning, and the |
men cared for must either 60 TO work or |
get out CT the city. About all the |
tramps in the west have been attracted |
to this city, eating food and occupying
tents prepared for Colorado's ulem-
ylOyed miners. Freight transportation |
TO toe east could not move them. By |
advice of the officials the railroads will |
begin today charging full fare, and 20
more free rides will be given. The city
md county will appropriate money to
give employment to all vino desire to
work and others must leave