New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-05-14
TOPICS IN CALIFORNIA.
BANK FAILURE = THE COLLECTORSHlP-
VETERANS, HoME-BLYTIIE CASE.
NY TELEGRAPH TO THE TRIBUNE.

fBY TELEGRAPH TO THE IRlBUNEj
San Francisco, May lS.-The failure of the Old
established hank Of Santa Clara this week HAS
aroused unusual interest here because OF It's pecu
liar features Here bank in the heart OF
rich fruit growing country, which was regarded oS
,armers and business men rs stable as the Govern
,nent Treasury Yet the revelations since It's col
lapse show that its managers made loans on per-
sonal security for more than the pald-mp DahK
capital The bank first became involved by rech-
less speculations in real estate during the ooo"'
five wears ago, and this was followed recently ny
,n;n;nc.stock speculations of the cashier and the
mapaq,r who used bank funds to help them
s.,ves out of a hole The directors are all men oil
means but the richest man among them, VINO Is
nrssiaent of the bank, last year put all ms prop
ertv in A trust company for the sake OF his chill
dren. and he will thus evade the responsibility
rs worst feature of the failure is the large num-
,,r 81 farmers who will lose their small savings.
They have swarmed about the bank for TWO days.
unable 70 realize what the disaster means
John II. Wise. who was recently appointed
Collector of the Port of San Francisco, cannot as
sums office ON MAY 23 unless in the mean time ne
retires from the wool firm of Chris'y WIS.,
When Wise was urged for Collector his enemies
lid no was Ineligible because he was an importer
He DISPOSED of this by declaring he did no I'M
rort;,o Now the records show that no ia'er
than Nav Wise's firm received a large amount
~ sbeen din from London. Wise's opponents uo
clare they will bring suit 10 dispossess HIN "
attemnts 10 take office while member vi oil -"
porting firm.
m. .,,aa, o,.e, tho management of the vet
-, L. % yountville crows worse the deeper
:. ,h,d peckless extravaganza marked 'i'e
...,,non, of the home There was no chech
no cooks ana no duci''''S ~
-. % nurchases The directors appeared "
-. M business sense. and the supply commi'''0
- l.; many cases far more for articles thah t''e.
.oud bc bought for in the open MARKET -" o-
,d;erS were bled in many ways anu S''
of6cars derived a fat revenue from uhla"iui ~
on;stes The scandal will result In the comp'e',
ooroa piyation of the directorate Of the nome anu
its methods
,, o,rol NJ litigation over the notorious
plrtbe case. involving S4.000.OOO, has eNci'c"
much interest Although decision has Dee" si'o"
IN favor of Florence Blythe, the natural ua"s"''
IF tho dead millionaire, she has recelNea Ne'S
little money, even her allowance OF Sooo nio"'n
having been stopped by All appear. LIE 1Sp''
Rlvtbes now have the floor. and they are iaNi'is
-. strono ease TO show that Florence was not
pl,tbes daughter This famous case recalls the
sharon will case in its bighting effect on all
,-bo have been connected with IT, lhc hcOio'o7'
Of prominent lawyers and Judges connected WIN
:, Is large. including Hall McAlliser Justice
Sbarpstein and Administrator Roach
The way fortunes wilt away IN the hahus VI
avaricjous lawyers has been shown here TINS "ee"
NV the attempt in court to trace the disappear"n0e
~ S1aO 900 estate which was decreed 10 De-
long to young Richard Jessup, the natural son %
a wel,. known business man of San Francisco Inc
LAWYERS who handled young Jessups case az
Xrhed all the money. that the heir mas Slip
roae;va5 his board and lodging Tor 10ur yrals,
Ibe Young fellow is not bright, so tnat lie ieli oil
easv nrey to the legal sharks.
Riohard Mansfield has drawn 1uih houses IN; rii,a
xyeex at the Baldwin. and on wednesday lnsn 10
when he played especially well the na u; .n Ny
ChevreuI he was called before the cari Iu anw
made a brief but happy speech Manshen ;d s.as
hnra has been enlivened by funny i na ~;
The actor has horror of hotels, so ne nau lie
,ivaae car sidetracked at the Mission one resi-
rtant complained because the actor c,iei "a
1shed a swill barrel alongside, ana declared .na'
,ha actor was a nuisance. The result was u I;
feld packed his grip and moved TO the ba''" I'll
Hotel.
Jacob p Davis this week gave Slo, oeU 70 tne
Society for the Prevention of Cruelty 10 ChiluTen.
1be society has done good work here ana no" Has
10 little wards in its charge.