davidaulloa/AmericanStories huggingface dataset:
The morning news., 1897-08-19
THE Trust COMPANY SECTION.
First Annual Meeting of an Inna-
cntinI Branch of Bankers.


Detroit, Mich, Aug 1s-The first annual
meeting of the trust company section OF
the American Bankers Association was
held at the Hotel Cadilla this morning
Henry M Dechert Of Philadelphia. chair
man Of the section. spoke Of the impor-
tance Of trust companies and the diversi-
fed interest they represent.
The complete returns show that the cap
ital stock Of the trust companies In the
United States Is $22L606, 900. Mr.. Dechert
alluded to the so-called trust companies
that had been organized by scheming men
for the purpose of selling inflated deben-
turo bonds and mortgages. and he was
glad to say that these companies had been
ruled out and their organizers had fed or
been punished
one of the matters that will be taken
up by the trust section will be the enact
ment Of laws 20 prevent the operation OF
such frauds. Breckenridge Jones deliver
ed the report Of the executive committee
lie outlined the work that is before the
section and the hopes Of the committee are
that uniformity in laws Of the several
states in regard to trust companies will
be promoted and greater similarity OBJ
taned.
Ralph Stone OF Grand Rapids read pa
per on statutes of the Several States Re
lating TO the Trust Companies" There
are twenty-nine states that have no such
statutes. But one state in the west has n
law prohibiting the formation Of pools
trusts and other combinations I'm restraint
of trade From Information furnished by
the attorney general OF the state, the only
trust doing business in the state was the
Standard oil Company. Mr. Stone de-
duced the moral that 1t would be an ex-
cellent plan for all trust companies to
advertise to such an extent that the peo-
pie become conversant with the operations
OF the companies.
Francis 8. Bangs president of the
State Trust Company OF New York. read
a paper on the powers and duties of trust
companies when acting as trustee under
corporation mortgages, and Henry M
Dechcrt contributed a paper on the rela-
ton OF trust companies TO trust estates
The papers were generally discussed by
the delegates In speeches limited to five
minutes each
Francis $. Bangs OF New York. Henry
NJ. Dochert of Philadelphia, and Gordon
Abbott Of Boston. were elected members
Of the executive committee to serve three
years. The committee held "a short scs-
sion after the section had adjourned and
selected Mr. Bangs as chairman and
George s. Southard, Of Brooklyn. as vice
chairman.
The morning news., 1897-08-19
SOUND MONEY MEN.
Commissioners Appointed in Line
with MckinIey's Recommendation.

Commissioners Appointed in Line
with McIGinIey's Recommendation.
Saratoga, N. Y, Aug. 1S.-Hugh H. Han
ma of Indianapolis George Foster Pea
body Of New York city, A e. Williams of
Philadelphia, and j. w. Fries of Salem,
N. c., the Subcommittee appointed by the
executive committee of fifteen selected by
the recent sound money conference at In
dianapolis. held an executive session at
the United States hotel to-day and ap-
pointed commissioners to act on the recon-
mendation of President Mckinley in rela-
tion to the currency question.
The names of the commissioners will not
be given to the public until their accept
ance is received. The commissioners ap-
pointed by the committee are said to be
experts from all parts of the country.
The finance committee is composed of
j. f. Hanson of Macon, Ga, Orr and
Mitchell.
The morning news., 1897-08-19
WILL EMPLOY rINKERroN.
Trouble Feared la the Replacement
of ola Miners by Non-Union Men.

Cleveland. o.. Aug lS-The decision
reached by the operators OF the pitsburg
district ot their conference here last night
90 open their mines regardless of che con-
sequences viii probably cause serious
trouble. according 10 igoal coal men.
n b. che intention Of Tho plttsburg OPP
orators 90 engage pinkefton men e. pro.
teet their non.unlon men. This action on
thcir part VIII probably precipiiafo r. tcr.
rbie cimnr i1 thr great afuke. ana tho
OPERATION admit that blood vii probably
noW
fn speaking ~ iho probable result 81
rle operators decision, Lotus CuldY, 81
The morning news., 1897-08-19
SILVER TAXES GSoTHER SLUMP.
Further Decline of the White Metal
in New York aud London.

New York. Aug ia further decline in
the price OF silver occurred to-day. the
quotation for bar silver in New York. re-
ceding 20 52ia cents an ounce, a decline Of
IA cents from yesterday
The London quotation for bar silver was
2ih pence. a fan Of 9-l6 a penny from yes
torday's price Yesterdays prices were low
records up 10 that date. Quotations for
Mexican dollars were only nominal az a
cents.
Just before the close of the market the
price OF bar silver fcll an additional Mc 20
5laic. making the total decline for the day
2aa cents.
The closing price IN London was q pence,
a total decline FOR the day Of i-iG pence.
Al to-day's New York price. the value
OF the silver ia the standard silver dollar
is Wf8 cents.
The morning news., 1897-08-19
WILL OFFER A SETTLEMENT.
Result of the PIttsburg Operators
MeetinG-WOrlS to he Resumed.


MeetinG-WorlS to he Resumed.
Pittsburg, Aug. 1S.-The meeting of
Pittsburg district coal operators, which
was begun at Cleveland last night, was
concluded here tonight shortly after mid
night.
None of those attending the meeting
would divulge the proceedings. The only
statement given out was that the action
of the Cleveland meeting was ratified and
emphasized and that President NJ Hitch
cock had been empowered TO appoint a
committee tomorrow who Will seek con-
ference with the miners officials looking
TO a settlement of the strike. II Is under
stood that the basis to be urged for a
settlement by the operators is the 54-cent.
rate for mining, and should the miners re-
fuse to accede TO this and their old em-
ployes decline to return to work the oper-
ators will at once import men and start
their mines at any hazard.
The morning news., 1897-08-19
nI-hop nrnnded .. . nehcI.

Havana. Aug is.-Ln Lucha demands
the dismissal Of tho Bishop OF Havana as
rebel. for his failure 90 respond 10 r.
patriotic manner 40 the request Of the
queen regent f0f appropriate funeral cerc.
monies in memory of Premier Can0yas
H.f fHaaffIls
The morning news., 1897-08-19
THORP STRUCK 1T RICH.
He Made n Fortune in the KIOndike
and Is Coming Home.

t''I'' - NVEIIIN@ HAVEIIV'
Seattle, Wash, Aug. 1S.-The steamer
Aiki arrived this morning from Dyea,
Alaska.
This afternoon Willis Thorp was hand
ed letter by man who came down on
the All6i from Dyea. IL was written by
Edward Thorp and came overland saying
that he had cleaned up Sl30,COO I'm the
Klondike in eight weeks and was coming
home on the steamer Portland, which is
due in Seattle on Aug. %.
Thorp left Seattle one year ago, having
gone northward with "a drove OF cattle.
The morning news., 1897-08-19
REVIEWING a REGIMENT.
Pleasant Pastime of the Presidential
Party at Lake ChnmpIain.

Hotel Champlain. n. Y, Aug. 1s.-The
twenty-frst infantry, L. S. A, com
plete. the two companies from Vermont
having arrived this morning by train. was
reviewed by the President and party at
II O'Clock to-day.
The soldiers went through the regular
review and dress parade. A beautiful
flag was presented 10 the regiment by
Garrett A. Hobart Jr, Secretary Of War
Algor made the presentation speech and
Col. Kline received the flag for the regl-
ment.
MIR Abner Mckinley, brother Of the
President. with his wife and daughter, ar
rived at the hotel this morning. This
evening a military bali was given at the
hotel and President and Mrs. Mckinley
were among those present.
The morning news., 1897-08-19
DENIED BY THE SULTAN.

No Understanding Between Turkey
ana the Ameer TO FOment Rebel
lion.
Constantinople Aug 1S-The Turkish
government has issued denial of the al
legged understanding said to exist between
the porte, and the ameer of Arghanistan
to foment an insurrection in India by
preaching through the fanatical priests a
holy war, of Jehad, against British rule
in India.
The morning news., 1897-08-19
A LYNomNG is PROBABLE.
4 Tramp Attempts an Outrage Near
MIlIInm.hnrn. Va.

Richmond, Vna Aug. B-At williams.
burg to-day "a negro tramp attempted an
outrageous assault upon i-yeaf-0id white
eid The mmher gave tho alarm ana tho
uf gf8 escaped
larueH Hfa hunting fof hlm. ana 81 ho lg
caught there VIII probably bo "a ynchnF
The morning news., 1897-08-19
Polhuau put to sea, followed by the Sur
couf and Bruix.
AN ANARCHIST ARRESTED.
He Was on President Fnure's Train
and Had Loaded Pistol.

London, Aug. ia special dispatch from
Paris this afternoon says that man nam
ed Perier was arrested yesterday on the
train in which President Faure arrived
from Havre.
The prisoner was found to have a loaded
revolver in his pocket and is known to be
dangerous anarchist, who has already
served a term of two years imprison-
meht Tor having in his possession an in
fernal machine.
The morning news., 1897-08-19
wEYLER DENIES AGAIN.
says lie Has No Intention OF Resign
ing-Army Movements.

Havana, Aug. IS. via Key West.-Cap-
tain General Weyler denies the report
that ne has resigned or that he has any
present intention or rosigning.
Heavy rains are falling In all parts Of
the island. The insurgents Gen. Aleiandee
Rodriguez and Raoul Arrange. IN view Of
the rclnforcemonts Of the Spanish columns
under Gen. Mol'm Aguclera, have with
drawn from their positions at Lomas
Grilio near Madruga.
Reports from Jnruoo indicate that Rod
riguez and Arrange, with about so men,
passed near there on sunday night The
rumor that che Insurgents have burned
Guantlnamox g. unfouudcd
The morning news., 1897-08-19
STEAMERS NORTH BOUND.
Three ships with Miners and Sup
plies on For Alaska.

San Francisco. Aug 18.-The steamer
North Fork, with the stern wheel steamer
Mare Island left for st. Mlchaels this af-
ternoon. after having been delayed for sew
eral days after her departure was an
nounced. She carried eighty-three passen-
gers and was heavily laden with supplies.
A large crowd witnessed her departure
and a scene of great enthusiasm ensued.
Tacoma, Wash. Aug. 1S.-The steamer
city of Kingston sailed this afternoon for
Dyea and Skagaway Alaska, with sixty
nine passengers. The number VIII prob
ably be increased TO 20O al Seattle.
The morning news., 1897-08-19
WAS CRUEL no MS MEN.

Sentence of Suspension Ended.
Washington. Aug. is.-It was stated at
the navy department to-day that Com
mandor Bowman Mccalia would soon bo
given command OF a ship.
McCalla has been on shore duty for sew
oral years About seven years ago he
WAS in command Of the Enterprise and
was court-marllaled for alleged ill-trcat-
ment OF the men under him.
The trial was quite n sensational one.
ana resulted in MCcalla'n promotions be-
lnR stopped end bis suspension for q time.
The morning news., 1897-08-19
MONEY COMING so1TL
Demand OF Cotton ricisers Cause an
fnnux Of Cold Into the Treasury.

New York, Aug is.-The National
Park Bank deposited ono million gold
dollars Do tho United States sub-treanury
thls morning In exchange for groonbackr.
Do Dr. expected that fhe treasury gold
reserve Wlu hr Increased ln tdif way hY
hnnfa which nfDl euffenrY iu fhn Shape
0f smaH h|ill fof shipment tq thN south
f9r harvesting che cotton crop.
The morning news., 1897-08-19
M'LAUnIN's CONDITION.
Iic uad naoi-set Yesterday Caused
hy 700 Mneh Cnn.nnna.

Columbia. s g. AUG. is.-A special 90
tho state from nennetutliio says. Or. Nc
Lauru D. better to-day uo had too much
Nofir1nY yesterday consequently had a
haHk aDi ii|H phYHieian haa forbidden him
fH'nH lnr more company ai rresent and
81 81 resting easier to-day.
The morning news., 1897-08-19
NEWS FROM THE KLONDIKE.
The AIII Brings Reports From the
Alaskan Gold Seekers

Seattle, Wash, Aug. 18.-The Alki brings
news that a few miners have crossed the
divide. Several hundred men will winter
at Dyea and go down the Yukon in the
spring.
The Alki leaves again tomorrow for
the north. The body of Dwight Fowler
a well-known young man from Seattle
who was drowned at Skaguay, was
brought down on the Alki.
The morning news., 1897-08-19
DlSCORD IN THE OFFICIAL FAMILY.
s"gnsta, the Liberal Leader, Speaks
on the Condition Existing.

Madrid, Aug. 1S.-Senor Sagasta. the lib
eral leader, is quoted as saying in an in
terView to-day; Even during Canovas'
time dissensions existed in the cabinet and
II they are continued Gen. Azcarraga will
be obliged to decline to hold office. In anv
case, his cabinet is certain TO be only a
temporary one. I am ready to accept Of
fee and should l do so, 1 would apply
reforms in Cuba in the widest sense.
The morning news., 1897-08-19

.H I.. Aus' President Fauro ar.
.ss o'clock thia afternoon ana
.I an ovation. Later. the pr9s-
.. ruio embarked on board t5.
'p folhuau, which b. lvirr
s..... Iho cmDlflnuan OF fnc
I'Iil WnH made at 9 go'ri0ei
iInF ~ tho crowds ~ ~.
booming ~ tho aalutcs from
r'II iho rrcr'donuai party on
tnrn reviewed. fhn
af anchor hera. ana -
i'mofy Waa comp ctei. M
The herald., 1897-12-31
FRIDAY, DECEMBER 81, 1897.
OUR NEW YEARS EDITION

There is doubtless more inquiry about
Southern California at present than at
any previous time in its history. People
seem to be actually hungry for informa-
ton, and it seems almost impossible to
fully supply the demand.
Some people want to know about olive
growing; others about oranges and lemons;
still others desire information regarding
the mines, or about the various cities. The
climate, the soil and the people Of South
ern California and all that concerns them
are alike of interest all over the union,
and facts and figures, presented in con-
else and intelligible form, are wanted.
1t is seldom that diversified information
Of this character is obtainable in one publi-
cation. 1t Is proper, therefore, to call at
tention to the forthcoming New Years
edition of The Herald, which will appear
next Sunday. A partial table Of contents
Of this edition appears elsewhere in this
issue. An admirable feature of the publi-
cation Is that 1t will be wrapped ready for
mailing, so that it may be dispatched with
the least possible trouble and loss Of time.
Those who have friends in the east desir-
Gus Of learning the facts about Southern
California can do no better than to send
them a copy Of the New Year Herald. 1t
will hll the bill exactly.
The herald., 1897-12-31
THE VILLAGE GENIUS

Bill Jones was genius" so every one
said,
A statement none cared to refute.
He had more brilliant thoughts slowed
away In his head
Than figures could ever compute.
He knew all the things of the earth and
the sky,
In wisdom he seemed to excel,
But when 1t came down to hustle for pie
Bill never got on very well.
He used to write music and knew how to
draw,
Could teach any science or art;
Was clever in medicine, understood law,
And had the Bible by heart.
To hear him conversing one speedily
guessed
That Bill was sharp as a tack,
Yet somehow or other he never possessed
A whole suit of clothes to his back.
Bills genius was known and respected by
all
In the town where he used to reside;
For the rich and the poor, the great and
the small.
He served as their counsel and guide.
He was prophet and preacher TO kith and
to kin,
To friend and to neighbor, until
Death called him away, when the whole
town chipped in
And bought nice coffin for Bill.
Nixon Waterman In L. A. w. Bulletin
The herald., 1897-12-31
WHAT DOES 1T MEANp

The building of the railroad from Kra-
although comparatively small under
taking in itself, meant great deal for
the f1ourishing young mining district of
Southern California; but it's influence
and Importance cannot stop there.
Looming up in the distant background
but still substantial in It's prospect, Is
the great Salt Lake railroad project that
is certain to be consummated sooner or
later.
But we need not wait for the building
of the Salt Lake railroad, 1t appears. for
the extension of the usefulness of the
new johannesburg line. Yesterdays
Herald confirmed the report that this
road is to be extended to the borax
tance of 10 mills.
The building of this extension would
accomplish two things-it would restore
to Los Angeles a large tributary COM
mercial territory lost to this city some
time ago by the building of Central Pa
cific connections, and it would give the
new owners of the Central Pacific-when
that road is sold under government fore
closure-a direct line to Los Angeles and
Southern California Independent of the
Southern Pacific.
1t is by no means certain, of course,
who the new owners of the Central Pa
cific will be-. Mr.. Huntington is not
accustomed to hold his possessions
lightly, and the Central Pacific may not
be lost to him when it is sold Still, STRAIT
egy in railroad operations, as we'll as in
war, partakes of the quality of anticipa-
ton to a very large degree; and the man
who waits few years longer to gain
vantage ground in the matter of the Pa
cific railroads will have lost his oppor-
tunties.
The exact status of the Union Pacific
reorganization is not yet clear. There
are great many interests represented
in the new directorate, and the controll-
ing power has not yet been made mani
fest in a practical manner. Still,
Chicago and Northwestern man is the
new head of the Union Pacific; and the
Vanderbilt interest is closely allied with
both the lines named.
The herald., 1897-12-31
PROVIDENCE AND POLITICS

The United States has prospered dur
ing the year in spite of ITSELF and by
this we mean that large measure of
prosperity has come to 1t through agen-
cies quite independent and beyond con-
troll of people or government. The most
abundant yield Of cereals in the history
of the land has been realized, simultane-
ously with partial and complete failures
in those countries which ordinarily con-
tribute very largely of their surplus to
the feeding of industrial Europe. Our
farmers have thus not only gathered
abundant harvests, but have found mar
kets at materially advanced figures,
which has enabled them to clear off
mortgage obligations to the extent of
several hundred millions. 1t has given
them the wherewithal to repair and re-
plenish their farms, and left in their
pockets a surplus for clothing and some
luxuries for their families not enjoyed
for many a year.
But beyond this favorable coincidence
of abundant crops at home and famine
elsewhere, events that were neither pro-
duced nor continued by governmental
policies, the people of this country have
little to felicitate themselves upon. I'm
der ordinary conditions of liberal trade
regulations the enormous crop would in
itself be sufficient to diffuse activity into
all channels of trade, and render all
classes of our people prosperous and
happy; for it has come to be a recog-
nized coincidence that when the far
mers are prosperous everybody thrives" +"
The element of repressive and re-
strictive legislation, tentative during
the first half Of the year, but which sub
sequently speedily materalized, came in
to reverse the proverblal conditions. to
check the natural growth of activity, and
limit the usufruct of the blessings which
Providence had showered upon US.
Debts were indeed Cancelled to an
enormous aggregate; but the cash, in
stead of finding its way back into do
mestic trade, manufactures and com
merce, simply went to swell the surplus
Of capitalists In the reserve centers,
from which it has steadily refused to
emerge, much of it seeking investment
in British securities. at the London rate
of interest, In preference to taking the
chances of falling values in a country
shat has made tariff to suit the trusts.
The herald., 1897-12-31
to accept this new faith with all its In.

to accept this new faith with all its In
genious sophistries.
1t is not long since these same brethren
were loudly declaiming and frequently
resolving against the gold standard and
In favor Of both gold and silver A lit
tie later they reluctantly subscribed to
the doctrines laid down at the council
Of st. Louis. And now st. Gage. for the
administration, has promulgated new
and third doctrine, and the faithful must
either bend their knees in meek sub
mission or be excomunicated.
1t is fortunate for the people, however.
that the mask of hypocrisy has been
thrown aside and that the administration
has committed itself to a policy which
was conceived long before the election
but which was artfully suppressed until
the votes of millions of citizens had
been secured. The people will not here
after vote for single gold standard un-
der the guise Of Utopian international
bimetallism. AS long since prophesied,
international bimetallism Is a dream,
and the dreamers have gone to the prom
ised land and returned with the fruit of
fairy tales.
The issue henceforth will be between
the single gold standard and the money
of the constitution, and when this issue
is squarely and fairly presented to the
American people, the upholders Of con-
stitutional money will not vote in vain.
The herald., 1897-12-31
A Word for Ex-oovernor Altgeld

To the Editor of the Los Angeles Herald: :
Ex-Governor ]. p. Ahgeld OF lIfnois was
q few days since the guest of the Repub-
lican Silver club of this city. The Daily
Record. in commenting thereon, censures
the club and denounces Mr.. AMgeld as an
anarchist. An anarchist Is lone who ex-
cites revolt or promotes disorder In q
state" What crime did Mr.. Altgeld COM
init to receive that name? A few years
ago bomb was exploded In Chicago Sew
eral lives were lost and some property
damaged. Arrests and trials followed !;
some were hanged, others sent to prison Tor
hfe. Years after the consensus OF opinion
was that those In prison were Innocent or
were little mroe than spectators at the
catastrophe mentioned. The governor was
petitioned to pardon them. The best men
of the state and city of Chicago signed the
petition, among the number the Hon.
Lyman Gage, secretary Of the treasury.
If Governor Altgeld Is an anarchist tnen
every man that signed the petition Is. but
no such charge was ever made until the
late political campaign. and then 1t was
worked up by the gold bug ring Oh the
Republican party for political effect.
In recent issue the Chicago Inter-Ocean
says: There would never have been any
Haymarket massacre If 1t had not been lor
disreputable newspapers bounding the
people on to meet there night after night.
| do not belong to the same nne OF pC.-
tics with Mr.. Altgeld. l have known hinl
all his political life, and think II he
truth IS told, as an office holder many
might copy after him with credit to tnem-
selves and honor to the party they repre-
sent
| AS to the Records publishing an editorial
| Of that character. 1t Is not the first mis-
take 1t has made, considering the high
position It assumes and the very merltor-
ious principles Of reform 1t pretends to ad-
vocate There is great need of honest,
conscientious reform In newspapers, as IN
politicians and political parties. Brains
| that think, manhood with courage and
heart of honest, conscientious convictions,
20 work for all of the pc ople instead Of the
few. Is a want in newspaper as we'll as In
| political circles.
c. I. SHUMWAY.
| 231 West Thirty-third street, city.