Middlebury register. (Middlebury, Vt.) 1886-1937, 1894-01-05
DOMESTIC.
Tramps held up and robbed six persons
Wednesday in Ottumwa, la.

Tramps held up and robbed six persons
Wednesday in Ottumwa, la.
The postal card factory at Shelton, Ct,
has printed l2O, 100000 cards in the last
four years
The New York and New England rail
road has been placed in the hands of re-
ceivers.
Lumbermen all over the country are
organizing leagues TO oppose the Will
son tariff bill.
The Jury found Prendergast, the SILVER
of Mayor Harrison of Chicago, guilty of
murder on Saturday.
c. l.. Robinson was put of "A street car
in Rockland, Me-, for alleged profanity
and jury has Just awarded him $llS7.27
damages.
A natural gas pumping station at
East Chicago, Ind, was blown up Satur-
day, the explosion being caused by fire.
Several persons were terribly burned
and the building was ruined.
The remains of the late Mrs. Lucy
Stone were cremated Saturday afternoon
at the crematory or the Massachusetts
Cremation society in Roxbury. This is
III accordance with desire often OK
pressed by the deceased.
An elephant belonging to circus got
crazy in New Orleans Monday and ran
for two miles through the streets. He
knocked down several horses and broke
a number of windows. No person was
hut by him, though many were badly
frightened.
A well-informed New York city mani
says: sit is really alarming the
way in which paupers are focking to this
city from all over the country.
They have heard so much about
the free bread, the free clothes. the free
coal and the free lodgings that they are
convinced that New York must be a YER
table paradise for mendicants. There
are said 20 be about 100000 men out of
work in this city today, but the number
is rapidly increasing. not by more shops
and factories closing down. but h~eau e
the tramps and unemployed aborers of
many other cities are fockng here by
the thousand. In fact, know that sew
eral influential men are seriously consid-
ering the plan of getting the legislature
to pass law keeping these paupers out
of the city, just AS we keep the pauper
labor of Europe out of the country"
A New York paper publishes an inter
esting article on the losses of 1893. and
tht railway losses in particular 1t
says: This year will be forever memoir
able as year unprecedented in the num-
Der and magnitude of railroad and COM
mercial bankruptcies. Eighteen hundred
and ninety-three ought to stand in Amer
lean economic history as the year 1892
still stands in French political history.
1t ought to bring a revolution in meth
DDS of railroad financierng, and it ought
to end, for generation at least, fraud
and false pretence in politics. The evil
wrought by these has been great enough
to cause permanent revolution. The
railroad bankruptcies of 1893 involve 70
companies, 1873 miles of railroad, and
Sl.6ll PSI, 900 in bonds and stocks. The
aggregate of these figures, involving
nearly One-tifth OF all the railroads in
the country, is too large to be compre-
hended at IL glance. 1t is difficult TO re-
alIze that the stocks and bonds involved
have par value of more than twice the
whole national debt of the United States
Unwieldy floating debts, shrinking cred
it, and steadily falling freight rates
(Which decline in rates has been univer-
sal throughout the country for If vears)
have brought many companies to ruin i'm
the past 10 years, but this years disas-
tiers cap the climax. One-half the com.
panies placed in receivers charge this
year have had mileage exceeding 100
miles each. The fun list of the comma
MES makes a total of 81 .S7S miles: 800
249,OOO funded debt; SG36, OBS 900. cant
tai stock. The mere shrinkage involved
in the failure of the roads represents an
amount of losses approximate to the val
uatlon of the entire city of New York. as
shown by the assessors books.