davidaulloa/AmericanStories huggingface dataset:
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1893-05-13

The suddeness of the collapse was due
to the discovery that the company,
while paying out 100000 in dividends
week ago, was unable to meet a note
tor $4,000 which fell due at the Park
National Bank last Friday The officers
OF the company were the largest individ-
ual stockholders in it, and the fall of the
company meant their ruin. In less than
q week the common stock has fallen
rom % to II; the preferred from 105 to
10. In other words a fortnight ago the
STOCK OF the National Cordage Company
was actually worth, in the open market,
9Is,ooo,0 OO cash. Last night it was
worth barely $4,000 oo0-a shrinkage
within few days of $l4,600,000.
PRESIDENT James M. Waterbury, who
suffers most, was born to the cordage
business and inherited fortune of about
So,U0O,000 made in the business by his
rather. His wife, who was Miss Furman
OF Brooklyn, had been conspicuous in So
clety, She entertained lavishly at her
country place at Plaisance, and some
years ago created mild social sensation
by giving an amateur circus for the ex-
elusive amusement of the -Four Hundred,
the eGuestriennes, clown and acrobats
being the most athletic, daring and ex-
elusive young fashionables of the day.
But the Waterburys were in no sense
dazzled by sudden riches. Miss Fur
mans family has been conspicuous in
Brooklyn for. three generations, both in
society and philanthropy, and Mr.. Water,
pury lnnerlted not only a good name,
put good fortune His brother-in-law,
John Y. Furman, was made one of the
directors of the Cordage Trust when it
became apparent that q great deal of
money could be made out Of it,
He bought heavily of the stock about
year ago, and is understood to have drawn
in profits of 100000 or $500, 0o0 out of
which he built a magnificent suburban
residence, quite dwarting his brother-in
laws nagnificence. The shouse- warm
ing oftilis palatial country seat, built out
OF the profits of a few months speculation
IN Cordage Trust stock. occurred Ionly
few months ago, and to signalize the
event johnny Furman, as his friends
affectionately call him., invited about
forty of the Four Hundred to visit him
on Saturday night and stay till Monday.
The entertainment was of the most Law
ish description. The ducal proportions
of the house may be imagined from the
Fact that from.ffty to sixty people-hus-
bands and wives, and some CAV young
bachelors and buds-were quartered very
comfortably for two days and nights.
But Mr.. Furman acquired his great
wealth suddenly only to lose it more
swiftly. He is believed to be entirely
ruined, and on the day of the Cordage
crlsis-last Friday-some of his friends
feared that his reason might give way
under the strain. President Waterbury,
on the other hand, bears up bravely and
faces real poverty for the first time in
his life. When the crisis is past he win
have the profound satisfaction of know
ing that he was the greatest victim of his
mistaken financiering. which caused the
tremendous losses of the last two or
three days, and that in spite of his errors
OF judgment he still retains the best part
Of his inheritance-an honest name and
the confidence of his friends.
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1893-05-13

not to accept a denomination. That was
the case with Mr.. Harrison. A Presiden
affected by this ambition must be
something more than human not
to mould his policy in some degree
with view to its advancement. An adj
ministration can hardly be conducted
with an eye single to the public good,
while the second term bee is constantly
buzzing i'll the Presidential bonnet And
it may be truthfully said that under ex-
listing conditions the second term ambi-
ton is likely to have worse effect upon
the Republican party than upon the
Democratic, for the reason that a Repub-
lican President has a.greater chance to
dictate his successor to his party
than Democratic on account
of the small constituency that
the party has in the South. The last
national Republican convention furnished
an object lesson on that point. With
Presidents ineligible to second term
there would be much less danger that
national conventions would misrepre-
sent the majority of their constituencies,
and this would certainly be great gain,
for it is of the highest Importance that
the candidates of both parties should be
the men the great mass of the voters
want
Another new resolution adopted by the
conventions the one referring to woman's
suffrage. The resolution does not come
up to the early statement of it. 1t does
not commit the League to the doctrine of
woman's suffrage, though it squints that
way. What it really does is to recon-
mend to the favorable consideration of
Republican clubs as q matter of educa-
ton the question of granting to the
women of the state and nation the right
to vote at all elections on the same terms
and conditions as male citizens. Until
woman suffrage has made more progress
in the states it is not likely to become a
question which the national legislature
will have to deal with; and there is no
likelihood that so much progress will be
made in the next four years as to project
the question into the next campaign.
Until the Republican party has secured
the ballot in fact as well as in theory to
all the male citizens who are now entit-
led to it under the constitution and the
laws, it is hardly worth while for it to
undertake to broaden the electorate.
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1893-05-13
NATIONAL REPUBLICAN LEAGUE

Theresolutions adopted by the National
League of Republican clubs are for the
most part reiteration of the platform
of the last Republican national conyen-
ton. But there are some additions
One of them is the resolution favoring
constitutional amendment making a.
President ineligible for second term.
There was strong sentiment in favor of
some such action at the national con-
vention, and it would probably have
been taken had not the most for
nidable candidate before the convention
been the occupant of the Presidential
chair. There are many strong arguments
against second term. Ambition to sue-
coed himself is almost sure to take DOS
session of the President after he has
been in office a while. no matter what
his previous opinion had been on the
subject. That was the case with Mr..
Cleveland, though in his letter of accep-
che had practically pledged himself
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1893-05-13
MAJOR SUSIE SWIFT.
Interesting Account of Prominent Saliva
ZIONIST.

II Mrs. Lizzie Champney had added to
her famous chronicles of the doings Of
''Three Vassar Girls" one entitled,
ssThree Vassar Girls with the Salvation
Army" she would, perhaps, have been
charged with going too far for credibility
in fiction. Yet it is a fact that all
through the summer and early fall OF
1884, three Vassar girls did really haunt
the meetings OF the Salvation Army in
Great Britain. from Edinboro to Pen
zance and the Isle of Wight, and that
ever since two of them have been acting
as officers in its ranks. The third is
coming to the same position. But it
must be confessed, since It's nine years
ago, that she tarries.
One of these girls, the subject of the
present sketch, has reached the rank of
Major in the Army, and this title, among
Salvationists, not only indicates goodly
term OF service, but argues in its DOS
SCISSOR fair share Of business ability, as
well as a degree of spirituality above
the average. It is only recently that the
utie mas been conferred upon women as
individuals although a Majors wife
shares his title equally and as yet, Major
Swift is the only American woman born
and bred, who has acquired it.
The work by which Major Swift is
best known to her Army comrades. is
editing of it's accredited international
organ, the magazine called 'sAll the
world" This periodical was started for
the purpose of keeping the outside and
superior world informed as to- the
Army's work, principles and progress.
and Miss Swift has been it's editor all
most from the first. The exact and al
most ideal training which she received
at the hands of Professor Backus now
now President of Packer Institute, and
Professor Mary Jordan, now of Smith
College, with two years practice as
junior and senior editor of the ssVassar
Miscellany" fitted her admirably for the
work of an editor, and her ability in that
direction is widely acknowledged in Eng
land, sAll the World being regularly
reviewed by most religious and MANY
secular periodicals, and having its place
among them in the Contents columns
of the English Review of Reviews
The intellectually and refinement of
Major Swift's face would be noticeable
but is particularly SO among
the reformed prodigals who make uD
the vast majority of her comrades. Her
face on the crowded platform CLEANS out
like pale star from the host of buxom
lassies about her. Her diction is changed,
but not impaired, by her long term of
and teaching among the work.
ing classes, and she inherits from a long
line of legal ancestry, the faculty Of
thinking upon her feet" so that she is
never at loss for either ideas or words. 4
She will speak at City Hall, Portland,
Thursday evening, June 1st, on Darkest
England and the Way Out, and will tell 1
a story as thrilling as any Stanley could
tell of Darkest Africa and of far more
immediate and vital interest to all who
wish to face the problems of poverty
and vice IN our great cities.
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1893-05-13

It is greatly to the credit of the World s
Fair managers that the innocent deposit
ors in the Worlds Fair bank at Chicago
are not to be allowed to lose anything.
The concession under which the bank
was established was sold to the highest
bidder by the directors, and of course
there is a certain amount of moral re-
sponsibility upon them. Their act in
securing the depositors against loss is
therefore not one of pure generosity.
Yet they might easily have evaded the
responsibility without anything more se-
rious happening to them than being de-
nounced for short time by the deposit
tors who had lost. Under the circum-
stances therefore they are entitled to
good deal of credit.
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1893-05-13
Mems Furnishing Goods.


Outing Shirts $l 90
Umbrellas
N Jul made Hose.
Black at l5c pair price
rs Undershirts at a5c apiece.
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1893-05-13
FROM WEALTH TO Pow RTY.
President of the Cordage Trust Loses Mil
lions.
IN. Y. Press. |

In. Y. Press.1
Wall street has never seen a financial
ruin SO sudden or SO complete as that Of
the National Cordage pool, and no one
has suffered so heavily as the chief Off
GERS of the company, who ought to have
known weeks ago that ruin was inevita-
BILE. This corporation controlled more
than half the cordage mills or rope walks
in the country, but, like all the other in
dustrial companies whose stocks are
traded in on the Stock Exchange, it's
finances and the details of it's manage
ment remained an absolute mystery to
the public. The insiders were supposed
TO know everything simply because they
kept the public from knowing anything.
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1893-05-13

Now that the Democrats are pushing
to the front what they call the reforming
Of the pension system, which many be-
lieve is but an euphemism for its destruc-
ton, the speech made by Congressman
Boutelle near the close of the last session
Of Congress is beginning to attract gem
eral attention, and is literally quoted
from, The speech contains an admira-
BILE presentation of the attitude
Of the Democratic party, especially
the Southern wing of it, toward
the pension system, and shows very CON
ciusively that that party. though pro
testing with great vigor against placing
on the pension rolls the names lof North
ern soldiers who have been unable to
comply in the matter of proof with every
minute requirement of the pension laws.
though there be no doubt that their
claims are meritorious, have had no
hesitation in placing upon the rolls men
who had served in the COME derate army
in the war of the Rebellion.
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1893-05-13
GL. Ov IS ]!
GLOVES J.

Ladies' ChasDOis Gloves Natural 81
One lot Clasp l-9c
One lot Clasp Taffea
100 dozen Ladies' HaMAkerchiefs apiece.
al lee nair.
evening
Ladies' Black
1000 lbs CASTLE a
Two Gross COSatc's Toilet Soap q
One Gross Century Cream at use bottle.
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1893-05-13
TIE PRESS.
SATURDAY, MAY IS,
TWELVE PAGES.

The question Of special policemen
seems to be definitely settled. Mayor
Baxter's appointees have qualified and
gone to work. If the Democrats are
wise they will make ne more disturb
anee about the matter. 1t has been
losing game with them from the start
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1893-05-13
PORTLAND DAILY PRESS.
-- AND --
MAINE STATE PRESS.

--- AND -~-s
MAINE STATE PRESS.
Subscription Rates.
DAILY (fn advance) SO per year; 90 for SIX
months; $1.5o quarter; so cents month.
The DAILY is delivered every morning by
carrier anywhere within the city limits and at
Woodfords without extra charge.
DAILY (Not in advanced. invariably at the
rate of 81 year.
MAINE STATE PRESS, fWeekiy) published
every Thursday, So per year 81 for six months !;
90 cents quarter; % cents for trial subscrip
ton Of six weeks.
Persons wishing to leave town for long or
short periods may have the addresses Of their
papers changed as often as desired
Advertising Rates.
In DAILY PRESS s1.50 per square, frst
week; rs cents per week after. Three inser-
lions or less, $1.oo per square. Every other
day advertisements, one third less than these
rates.
Halt square advertisements 500 per week,
first week; half price each succeeding week.
- Square Is space OF the width of a
column and one inch long.
Special Notices. on hrst page. one third adj
ditional
Anulsements and AUCTION Sales. $500 per
square each week. Three Insertions or less
s1.6o per square.
Readtnq Notices in nonpariel type and cIassed
with other paid notices 20 cents per line each
insertion.
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1893-05-13
NEW ADVERTISEMENTS.

"a inch Plain Black ParasOls.
I'd inch Navy Blue ParasOls.
inch ChaMgeabie Silk parasOss.
~ anch striped Taffeta silk ParasO
White SILK GAUGE ParasOls.
White SILK GAUGE Paras0Es, lace triI
White surah and China Silk Paras,
All the very latest shapes and fancy
The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1893-05-13

The letter of Gladstone's assailant
shows that he had come to believe that
ne would be doing his country patriotic
service by removing the premier and thus
preventing the passage of the Homerule
bill. He had probably listened to the
harangues of Lord Salisbury and Mr..
Balfour about the impending disruption
of the empire, and had swallowed them
whole. 1t was Mr.. Gladstone's 'sjaunty
air and cheerful appearance that de-
TERED the would-be assailant from using
his revolver. Perhaps it shook his CON
fidence in the credibility of Mr.. Balfour's
assertions to find the man who was rep
resented to be bent upon the destruction
OF the empire wearing sjaunty air.
like man with clear conscience.
The Providence news. (Providence [R.I.]) 1891-1906, 1893-07-05
MAILsTHIEF CAPTURED.
He Hsd Been Hobbing the Canadian
Mails for Two Years.


CHICAGO. July 5.-For two years the loss
of mail upon the Grand Trunk, including
the American pouches consigned to Can
ada and the mail from Montreal aud To
ronto consigned To all the western states,
has been n source of great annoyance to
Canada and the United States.
At last the matter became unbearable to
the Canadian government, and Postmaster
General Bissell was asked TO assign Post
office Inspector James f. Stuart to the
case. In the guise of n tramp Stuart
worked on the case for several days and
became convinced that the thefts were
being done in the mail car in the daylight.
Finally he saw Charles Ford, superin-
tendent Of repairs for the Grand Trunk at
Port Huron, Mich, ex-member of the
Fort Gratiot council, ex-president OF the
town council and for years one of the
most trusted employees Of the Grand
Trunk, enter the car, remove the valuable
letters from the pouches and reseal the
pouches Ford then withdrew; locked the
car and walked towards his private office.
He had proceeded but 200 yards when
Stuart arrested him.
A crowd gathered and protested, but
Stuart took his prisoner TO quiet place
and discovered on Ford's person 83S let
ters.
The thanks Of the Canadian government
have been extended TO the inspector.
The Providence news. (Providence [R.I.]) 1891-1906, 1893-07-05
WILL RESUME WORK.
Pittsburg'- ,r.n Mills to Start Up Their
Furnaces Next Week.

ulDares Nckt Wtths
PIrTsDuRG. July 5.-It is now conf
IDENTIFY expected that general resumption
OF work will take place In all the union
iron mills in the Pittsburg district. The
next few days will be spent in making
needed repairs, so that when the plants re-
sumo the machinery will be in frst-class
condition. In the meantime the 10000 or
1900 Idle work men will enjoy much
needed rest.
At next Saturdays conference the entire
scale will be settled.
This morning Painters big iron plant
will resume operations under the new
agreement. Jones e. LaIghlin's will also
do likewise. At Painters more than 40O
men Will 60 10 work.
Nearly all of the puddlers in the Anal
gamated association have by this time
been officially notified of the reduction,
and while there was some grumbling yet
the majority Of them feel that the confer
ence committee acted wisely.
The next matter Of Importance In the
wage discussion will be the meeting be-
tween the conference committee and the
Mahoning and Shenango valley iron
manufacturers.
Secretary Kilgallon said definite ar
rangements for meeting had not yet been
made, but that in all probability session
would be held this week.
John ID. Carey, president OF the Finishers'
union, has issued statement that Jones
a. Laughlin's, as we'll "a other manufac-
turers, will grant conference TO the repre-
sentatives OF that organization.
The Providence news. (Providence [R.I.]) 1891-1906, 1893-07-05
sherman on the sherman Act.

time since the law Of 1890, known as the
Sherman act, which passed that l would
not have voted for its repeal, said Senator
Sherman at the Lexington hotel. "The
Sherman act was compromise measure,
and it was passed to save the country from
free coinage bill that had been passed by
the senate by an overwhelming majority.
The Democrats helped pass the Sherman
bill, and now they abuse it and blame it
for all the financial woes of the nation. I
have told President Cleveland and Mr..
Carlisle that I will stand with them for a
sound, safe and able currency"
The Providence news. (Providence [R.I.]) 1891-1906, 1893-07-05
SICKLES' LATEST VICTORY.
On the Field OF Gettysburg lie Puts to
Rout an Obnoxious photographer.

GETTYsBUBo. JuLY "a few veterans
remained here TO pass the Fourth, but the
larger part of the veterans have gone. The
last feature of the big celebration was at
Little Round Top, the strategic point of
the second snd third days battle. The
handsome new monument Of the Forty
fourth and Twelfth New York infantry, a
tower shaped structure, on the most com
manding point of Little Round Top, was
dedicated and the remnant OF the two regi-
ments, with some of their old commanders,
met again on the spot where they resisted
the successive onslaughts of the enemy.
An incident of the day, due TO the agita-
tion OF the trolley subject, was the inter
ference with photographer Upton, who
had his camera pointed at the new monu-
ment on Little Round Top BY order OF
General Sickles aud General Butterworth
he was told TO take his camera away He
refused, and his instrument was disman-
tied.
He Immediately returned to the town
aud swore out warrants against Generals
Sickles and Butterworth, charging them
with interfering with him In his business
The matter will be settled in the courts.
The Providence news. (Providence [R.I.]) 1891-1906, 1893-07-05
A Shocking FATALITY.
las EXplOdeS in an English Mine
With PriShtful Results.
OVER ONE HUNDRED WERE KILLED
The Work OF Rescue stopped by Accmu-
lated Gas-Great Excitement Around
the Mouth OF the shaft--Bodies of
Miners Laid I'm Heaps.

LONDON, July 5-Great excitement has
been caused in Thornhill, Yorkshire, by
an explosion that occurred yesterday in
Ingram's collery Four bodies have been
recovered and brought to the surface.
The pit is badly blocked with fallen
rock, dirt and timbers. IL Is feared that
the men who escaped death In the explo-
sion will be suirocated by the choke damp
unless speedily rescued.
The day shift went to work as usual
early In the morning. The ventilation was
reported to be good, All went we'll until
noon, when the workers at the pits mouth
were startled by
nInffled Explosion
and by clouds of dense smoke rolling up
tle main shaft They tried Co communi-
cate with the workingmen, but found that
the interior had been cut off from the
shaft. The pit managers organized an ex-
ploring party and descended slowly
throSgh the smoke. They were driven
back repeatedly and eventually gave up
their purpose OF penetrating TO the work
ing before the foul gas should be cleared
away. gf.
After taking up the bodies found at the
bottom, the :cscuers waited for several
hours before making another descent
About the middle of the evening they
went down again. The gas had cleared
off near the shaft, and they were able to
examine part Of the working The
Bodies Of the Miners
lay In heaps. Many were sent 20 the sur
face Unremittipg efforts are being made
The Providence news. (Providence [R.I.]) 1891-1906, 1893-07-05


Elegant
Photographs
OF THE
World.
CONSISTING or
Photographs Views of Citiss--
Street Scsnss--Publi Aluild-
ings--Cathedrals Mos
ques - Churc hes =
Temples Opser-
vatories--Cas-
ties
Homes Of Noted People
vate and Public Apartments
iu Royal Palaces--Uni-
versities Colleges
Volcanoes Lake
and Mountain
Scenery
Lochs--
Fjords Falls River Scenery
Canyons-Geysers-Brioges
Parks - Fountains -
Theaters-Obelisks-
Towers-Memor-
ials--Tolnb bs--
Caves
Cemeteries--P Pyramids- Ruins Of
Castles--Ruins Of Temples
Ruins of Ancient Cities
Tropi cal Scenery -
Towns Villages
Huts, and an
array Of instantsnsous photo
graphs and views showing
the everyday life Of the
people In the various
countries of the
World. COL
l,cted from
Europe, Asia, Africa,
Australia, North Amer
lea, South Amer
ioa and the
| Pacific Is
lands,
REPRESENTING THE
| WORLD As IT EXISTS.
Also, direct copies of famous
paintings and statuary, BY the
worlds old and modern masters,
taken from the leading galleries
| including the LOUVRE and
| LUXEMBOURG GALLERIES
PARIS; and VERSAILLES
GALLERY. VERSAILLES.
FRANCE; the DRESDEN
GALLERY. DRESDEN. GER
MANY, the UFFIzI and PATTI
GALLERIES, FLORENCE.
ITALY; and the VATICAN
GALLERN, ROME, forming
the largest and most unique
collection of pic lures ever pub
| in one volume.
! Specimen copies can
1e seen at the News
Office, 7 Veybosset st
The Providence news. (Providence [R.I.]) 1891-1906, 1893-07-05

PHILADELPHIA, July 5.--Drexel a. Co.
were notified that J. II. Harjes, Sr., Of
Drexel, Harjes * Co, Paris, and his son
will leave Carlsbad ON Wednesday with the
body Of Anthony j. Drexel. The remains
will be shipped to New York from Bremen
on the steamer Kaiser Wilhelm III next
Saturday, and will be accompanied by the
Messrs. Harjes The steamer will arrive
at New York on or about the 10th inst, The
interment will be made in the Drexel mau-
soleum in Woodland cemetery, West Phil
adelphia.
The Providence news. (Providence [R.I.]) 1891-1906, 1893-07-05
rwenty Mon Kllled br . Land.Iide.

MONTREAL, July 5.-An afternoon paper
published yesterday letter from one of
the French Canadian tourists who accom-
panied Able NORM to the northwest for
the purpose of inquiring into land values.
The letter is dated Schrieber, small town
at the head Of Lake Superior, ahd says
that, ON June 90 % Finlanders, working
on the line Of the Canadian Pacific rail-
way, were killed 20 miles west Of Schrieber
by a landslide.