The farmers' union. (Memphis, Mo.) 1891-1895, 1894-06-14
EQUITY OF THE CLAIM
SUIT AGAINST THE STANFORD
ESTATE.
Mr.. Hoar Eeprecates Its Prosecution,
While Mr.. Blackburn Questions the
Ownership-Six Years Penal Service for
Told In "A Few Words.

Told In "A Few Words.
The Governments suit for S15.0oo.0o)
against the Stanford ca; ate was on Thurs
day made the subject OF discussion in the
Senate. The question arose upon a resolu-
ton Introduced by Mr. Hoar. in>tructing
tho Commit, tee on judiciary to pass upon
the equity OF the claim. aud whether 1t
should cot be set at rest Senator Hoar
said the Government ought at once
to decide the question OF extinEui>h-
Ing and putting this claim at rest
He did not sIppo e. he said. that any
one seriously supposed that the Govern
Dent had a claim against the Stanford es-
tate and it was proper that the judiciary
committee should inquire whether this AZ
legged claim was founded on "a technicaifty
" upon law and equity. Mr.. Hoar recited
the benefactions under the will OF Gov
ernor Stanford and added: III the Govern
ment had a CLAIM, OF $150o0.oO0 that was
only twenty cents apiece for the inhab-
itants OF the United States. 10 whom Mr..
Stanford had cOnsecrated his large estate.
and it ought not to emsarrass the closing
years OF his widow and cripple and. per-
haps. destroy the great gift he had made
for the benefit OF the poor by seeking to
press it" No one. Mr.. Blackburn said in
reply. felt more deeply than he the
public spirit manifested by his late
associate In devotins SO much to
educational purposes But the real
question was. did he own the estate.
or had he sought to divert to this high
purpose an estate that belonged to the
United States: The Attorney General had
already taken steps to determine this
question, and it was the first time he had
ever heard OF either house OF Congress at
tempting t. stay the hand OF the law OIL
Ger OF the Government
Theodore L. Haughey. President OF the
defunct Indianapolis National Bank. WAS
on Thursday morning sentenced TO six
years in the penitentiary for his part in
the wrecking OF that institution. Judge
Baker expressed deep reg ret in pronounce
Ing sentence. saying that 1t was An un-
pleasant duty to sentence man that had
SO long been respected for his uprghtness
| and integrity as Mr. Haughey. After lro-
nouncing sentence. Judge Baker shook Mr.
! Hau.hey's hand. Mr. HauShey Is sixty
! eight years OF age. Previous to the reve-
lations OF his mismHnage cement OF the bank.
Mr. Hauyhey was one OF the NEST prom
inent citizens Of Indianapolis Had SINH
| lar revelations baen made about Ben min
Harrison they would hardly have caused
u greater sensation. Haughey had been Il
| resident since 1878 For nearly forty years
ne was Treasurer of the Grand Lodge OF
| odd Fellows. was prominent in Sunday
| school work. and has represented Indiana
| AS a lay delegate in the Methodist Gem
eral Con ference.
| In Alexandria Bay. St Lawrence Riv-
| or. the steamer Ocean collided with the
barge Kent Both boats sunk. Two pas
sengers are missing
Tho German National Bank. of Den
| ver Col. did not open its doors Thursday.
| Cashier kunzmiller says that tho institu-
| tion Is compelled to go out of business.
| The German National is one OF tho Oldest
banks in tho city. The President is J. J..
Kcithmann, who is very wealthy. At one
! time the banks stock sold for 1898 share.
| The bank was closed during the panic last
summer. but subsequently reopened on an
| agreement with the stockholders The
closing OF the bank means liquidation sc
| far AS possible 1t is impossible to ascer-
tain whether the depositors will he paid
| in full not 1he deposits, accord ing
| to the last statement. made May 4. we're
ss5a 6o5; cash resources. $751;. O6s: total re-
sources. s1.7s7.423 In December the de-
po,its were s1,o3a 600: cash resources
s335. 900: total resources. s1.sss.0O0. The
| capital Of the bank is s5o0.O0O; surplus
$4,000. Charles NJ Clinton, Cashier. re.
| signed recently to accept the Vice Presi-
! dency OF The American National. and sc
| lnanp deposi; ors went with him that there
| was "a great falling off OF deposits at the
| German This induced President KcitI.
many to close out the business 1t IS be-
lieved none OF the other banks will be AZ
fected.
Tho Chicago Lake Street Elevated
| Rad Thursday night stole u march or
their rivals. the North We stern Elevated,
by clinching their right of way for theil
downtown loop. Three hundred men
aud about twenty teams were put
| to work on those parts of the looE
that are inte-sected and traversel
by the proposed North western route
The work was begun about O'Clock
and pushed rapidly. The work was being
done under special contract by J. S: Pat.
| ,erson. one of the conditions being 70 ha W
/, completed within twenty-four hours
from the time it was begun. Official,
| make no concealment OF the fact that it 1,
| q move to Guido the North estern. Tn,
permit was obtained from the city Thurs
day afternoon. The loop system for
| downtown terminal will solve the vexet
question of transferring passengers to tn,
| retail district OF the city.
War has been declared BY the Chicago
J administration against delinquent railroad
companies. and after \ long conferenc,
| Thursday between Mayor Hopkins ant
| Corporation Counsel Rubens the most sen.
sationa al litigation ever begun BY the CITY
| Of Chicago was started On behalf OF tn,
city Corporation Counsel Rlbens fled IL
the Circuit Court twenty-eight suit
against as many railroad companies To-
amounts aggres atins more than 81. 0O0. 90,
for land damages resulting from the con.
struction OF viaducts over various streets
The force in the Law department has bee,
at work for a month preparing the paper,
in these cases The facts we're submitted
to Mayor Hopkins. who ordered suits to b<
brought at once
General Guytierrez has been pro-
claimed President of San Salvador.
| George Ohteyer. Chairman OF the Ex
ecutive Committee OF the California Anti
| Debris ASSocfntion aSSorfs hat hv1pa .,lf