davidaulloa/AmericanStories huggingface dataset:
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1897-12-30
PHILADELPHIA BANK FAILS
Chestnut Street National in the Hands
of a Receiver.

of a Receiver.
One of the greatest financial sensations
of the year was sprung in Philadelphia
Thursday morning when the Chestnut
Street National Bank. of which William
NJ. Singerly, proprietor of the Philadel-'
phia Record, is president, closed its doors.
Business was also suspended by the
Chestnut Street Trust and Saving Fund
Company, which was allied with the bank
and occupied the same building.
Rumors of the banks shaky condition
have been in circulation for a month. Dur
ing that period the most herculean efforts
have been shade by President Singerly
and his friends to save the institution
from bankruptcy, but they were futile,
National Bank Examiner William NJ.
Hardt is in charge of the bank and State
Commissioner of Banking Kilkeson is in
charge of the trust company.
The one explanation for the failure,
which Mr. Singerly himself afiirms, is
made by no less an authority than Comp
troller Eckels. The closing of the bank
is primarily due to shrinkage in value Of
bonds and notes of the Singerly Pulp and
Paper Mills located at Elkton, Md. The
liabilities will exceed 100000, but un
til the bank examiner makes his report
the actual value of the assets will not be
made public. The last official statement
Of the bank placed the resources of the
bank at $3,S6S,070.5S and of the trust
company at $1,SoS, 6593S. Both institu-
tions occupy the same building and are
under the same management.
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1897-12-30
SPAIN SEES A CHANCE.
May Ask America to Repress Active
Cuban Societies.


Cuban Societies.
Following upon the almost universal ex-
pressions of disapprobation shown by the
American press at large at the savage
methods of warfare used by Gen. Gomez
in the matter of the assassination of
Lieut. Col Ruiz, Madrid correspondent
says he has the best authority for stating
that the Spanish Government thinks the
moment propitious for approaching that
of Washington and asking the latter to
use all means possible to rcpress revolu-
tionary societies in the United States
which are giving active assistance to Go
mezs force.
All the Spanish Government asks is the
application of the rule laid down by Pres
ident Grant as the duty of one friendly
nation toward another. If that is applied
the Government considers the termination
of the revolution will occur within a short
time. The Indignation was twice as great
when the news reached Madrid that Ruiz
was not even permitted soldiers death,
but was hanged.
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1897-12-30
Steady Advance in Priccs

ne close and continuous study which
Draustreets Journal is giving to prices
oI 1arm and manufactured products
SHOWS a continued growth in the price
OF the products Of the American farm
er. LIS statements have from month
" month shown a steady advance in
prices OF farm products during the
year. and its statement which covers
the developments of November shows
an advance in wool, oats, potatoes,
peas, beans, milk, corn, barreled beef,
sheep' mutton, eggs, hops and other
articles OF this. haracter, while there
mas been decrease in prices Of num-
oefs OF articles which the farmers
must buy, such as print cloths, cotton
sheetlngs, coffee, and other articles of
this class.
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1897-12-30
COLISEUM IN RUINS.
ChScago's Vast Structure Quickly
Wiped Out by Fire.

Chs ago's Vast Structure Quickly
Wiped Out by Fire.
At Chicago Friday night, fire destroyed
the Coliseum building in which the Dem
! ocratic national convention was held last
year. The fire was one of the quickest
ever seen in Chicago. Within twenty
minutes after it's origin, which was caus-
ed by the crossing of two electric light
wires, the Coliseum was a, pile of hot
bricks and twisted iron.
The building had been rented for a
manufacturers exposition and was filled
from end to end with booths, all of which
were destroyed, with their contents. The
fire originated in booth which was used
fo- an exhibition OF X rays, the booth
being managed by2M. ]. Morley and VIM.
Robertson. The two men were examining
their Roentgen machine when they were
startled by sizzling noise behind them
and upon turning saw part of their eX-
hibit ablaze. Crossed electric light wires
which were over the exhibit are thought
to have caused the flames. They at first
tried to smother the fire, but before they
secured water and cloth the fire had
spread throughout the entire booth. About
800 people were in the building at the
time of the fire, and at the first alarm
there was a rush for safety. Fortunate
ly the aisles were wide and owing to the
comparatively small number of people in
the building there was little difficulty i'll
| reaching the doors.
Within ten minutes after the fire began
the roof was ablaZe and in a very short
time after the fire had appeared on the top
of the building one of the large arches
that spanned the building gave way with
a tremendous report, and then another,
and another, each one going down with
a sound like the report Of cannon. The
building fell very quickly, a: after the
first arch went down the weight was too
great for the arch next to it and all col
lapsed. 1t took not over twenty minutes
| to make a complete ruin Of the building.
| The Coliseum cost $4,000 and was
twice as large as the Madison Square
| Garden building Of New York. 1t had
| a floor space of seven acres, including the
ground and gallery floors; was TO feet
| long by 800 wide and contained 100000
| pounds of steel, 100000 feet Of lumber
and 100000 bricks. On August q,
| 1895, the first Coliseum then in the course
of construction, was wrecked, entailing a
| loss of S125 eco. The cause of the col
lapse has never been known, but it was
thought that the last arch was not placed
in position correctly.
| The total loss on building and contents
| is said to be $47S000. OF this amount
$4,000 was the value of the building
and S12S,000 the estimated cost of the
exhibits and material in the exposition in
progress in the building. Insurance to
| the amount of Si20OGO was carried on
| the Coliseum, but of this amount $780,
| COO will go to the holders of outstanding
bonds to pay those obligations in full.
| The owners of the building will get but
| $4,000 out of their insurance.
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1897-12-30
ments in the Presidents message seem

ments in the Presidents message seem
to be thoroughly satisfied with the de-
velopments this far under the new adj
ministration. The sensational sugges-
tons of ex-Minister Taylor, that the
people of the United States should rise
and demand instant action irrespective
of it's prospective effect upon the coun-
try and it's relations with other parts
Of the world, do not seem to have met
with any response on the part OF the
people. Members of Congress report
their constituents well satisfied appar-
emily with the developments thus far
and quite willing to trust the admins
tration, which has handled the matter
with such success both in obtaining the
release of all American citizens in Gu
ban prisons and seeing its recommenda-
lions to Spain followed by propositions
of an offer of autonomy. While the
Cuban matter is not forgotten or over
looked by members of Congress, there
is a disposition to permit the admins
tration to carry out its plans.
Bryan and Mexico.
curious fact which comes to the
surface here just now is especially IN
teresting, in view of Mr.. Bryans I'll
umphal" tour in Mexico. 1t is COM
harrison which somebody has made or
tbe currency conditions in Mexico, COM
pared with those of the United STATES
It is observed by this statistical deiVer
that the Mexicars who are heaplns
adrlations upon the American apostle
of the Mexican system OF hnaE'1e La 'e
q currency amounting to 81 cents per
canita in gold, against $3.50 per capita
in Mr. Bryan's own country, 9..'o Pc
canita in silver dollars, worth 10 Genus
each. against $S.7S of silver per caplla
in the United States in dollars worm
100 cents each; 80 cents per capita ~
silver basis paper money, against 9o.9o
per capita in gold standard paper nion
ey in the United States, making .o'ai
of ss41 ner capita, with $500 OF II III
45,cents-on-the- dollar money III MeAieo'
against S24.O3 per capita IN loo-cen's
on-the41ollar money in the Oni'eu
States.
This statistical fiend also discovers
that the increase in money III cilcui1
ton in the United States since MI Dry
ans nomination amounts to Twice do
much as the entire gold, silver ana pa
per currency of all Mexico. When !, y
is remembered that Mr.. Bryan ~ 'no
sneech which captured the Cnlcago
convention and in all of his speeches. u
the campaign urged that the curfeii :.
of the United States ceua lloe - - -
creased in proportion to the gioa - -
the population without the aoo - tho
the free coinage of silver a. ~ - los
eao+ tha+ tho money in circula ton mas
increased in a sum twice as great 40 a.
! The maney in all Mexico in snort se. :
enteen months time seems to cast 4
shadow Of suspicion upon the accuracy J,
of the financial views of the stafeslllsa. :
who is now receiving the plauaa g Of Of
the Mexican populace. The incf1 Isa.te ~
money in circulation ID une
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1897-12-30
ZIG FIRE AT CLEVELAND.
Loss to Business Firms Placed at Near
Iva Million Dollars.

Loss to Business Firms Placed at Near
1ya Million Dollars.
Fire broke out in the business center of
Cleveland, O., at 5 o'clock Thursday af-
ternoon, and, famed by high northwest
wind, destroyed property worth nearly
$1,OOO.O0O. The Power block on Frank
fort street, owned by J. B. Perkins, six
stories high and made of brick, was con-
sumed above the second story and tAe
rear of the brick Wiltshire block, six sto-
ries high, owned also by Mr.. Perkins, and
fronting on Superior street, was burned.
The fire started by the explosion of
large can of benzine in the lithographing
establishment of Johns & Co.. in the Pow
er block. Windows were blown out and
several employees escaped with difficulty
by the fire escapes and bridge leading to
the Wiltshire block.
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1897-12-30

plans for some other project. Meanwhile
no one has suggested the lately agitated
project to the Speaker The sound of the
discussion has not reached his ear. The
agitation has not made motion ON the
surface of the legislative mill pond. They
have been simply blowing thistledown
across the water and calling it commerce.
The cloak room caucus has ended in cloak
room legislation.
Decided by the Leaders.
Day after day goes on this endless imi-
tation'' of participation in affairs, while
what is to be done is decided on by the
leaders and by them executed.
About the only time when these cloak
room caucuses have serious import is
when they do not relate to things Of the
Immediate present, or directly to legisla-
ton. For instance, it is not known wheth-
er Speaker Reed will, in the succeeding
Congress, be candidate for Speaker, or
that he will be in the House at all. 1t
has been minated that he might retire
from the House at the end of this term.
Out of this possibility grows another sort
of cloak-room caucus. Men not now ex-
actly leaders are engaged in making
friends. The possible candidates for the
speakership Of the Fifty-sixth Congress
are mixing" and making display of their
talents. Who's to come back, and ''how
can be of service" are subjects of discus
sion. The embryo speakership candidate
passes from group to group, and is inter-
ested in all that interests his colleagues.
This sort of speculative and anticipa-
tory consultation is particularly active on
the Democratic side. There, they being
in the minority and having little to do with
present legislation, mapping out pro-
gram for the future and present policy
relating entirely to the future is the only
profitable thing to be done. They lave to
deal with an abstract proposition. They
have nothing to manage but themselves.
1t is a struggle to retain or to gain lead
ership for the prospect it may hold out
in the future. Consultations are constant
and active, confidential, mysterious. Each
aspiring statesman is constantly moving
among his followers, to hold them in line,
to inspire them with confidence and to
keep them alert against the devices of the
followers of rival. Half dozen little
caucuses are being held every hour in the
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1897-12-30
and the antagonism of the minority, of

and the antagonism of the minority, Of
course, counts for but little.
In spite of the fact of all members of
the House feeling that they know a thing
or-two, astonishingly few ever go to the
Speaker to advise with him about party
policy or any question Of more Importance
than the fate of some little local bill in
which the member himself is alone inter-
ested. There are scarcely more than half
q dozen with whom the Speaker consults,
and very few beyond that number who
would venture to advise him about mat
ter of policy There is very little CONSUL
tation with the great mass Of the mem
bers who form the Congress.
Among the Members.
To make up for this there is much con-
sultation and discussion among members
themselves. The House is in a constant
caucus or group of caucuses. All phases
of politics and policy are constantly being
discussed Legislation is suggested and
the suggestions are analysed and criticised
with en:nestness and wisdom. Members
busy about with the energy of insects
whose nature it is to toll and keep in mo-
ton. Heads are put together and lists
are brought down upon palms in earnest
ness to give emphasis to weighty argu-
ments and matters are mooted and con-
Cured in that might change the whole
course of government. Yet of all this
nothing is ever heard beyond the little cir
Gle within which the discussion occurs
ard where the plans are laid.
The policy adopted by the leaders is not
changed or sought to be changed, if, in
deed, it is known or inquired into; nor
does any legislation or motion towards leg
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1897-12-30
Presidents simple and apparently feas-

Presidents simple and apparently feas-
ible plan it was believed that nothing
could be offered which would be ac-
copied by the silver element in the
Senate, unless free coinage PROPOSE
ton were attached to it. The unan-
unity of popular sentiment in favor Of
the Presidents plan, however, seems
likely to lead this element Of the Sen
ate to assume an attitude towards the
proposition similar to that with which
they accepted the protective features
of the tariff bill, permitting it to pass
because of their recognition of it's pop
ularity with the people.
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1897-12-30
May Accept the Plan.

1t now seems quite possible, If not
probable, that the United States Sen
ate may accept President McKinley's
currency plan in which he proposes the
destruction of the 'endless CHAIN sys-
TEN by which gold is drawn out of
the treasury, and a gradual transfer of
the gold responsibility to the national
banks of the country, in conjunction
with an increased circulation on their
part. Prior to the presentation of the
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1897-12-30
Prospect of a Surplus.

Painful as the fact may be to the
croakers who are finding fault with
the operations Of the Dingley law, there
is prospect that it will produce sur
plus during December. Its actual earn
ings, emitting the sums received on
account of the Pacific Railroad sale,
were, during the first half of the month,
lust about equal to the expenditures
and it is probable that when the De
cember figures are made up they will
bring a New Years present OF sur
n1ns for the month of December.
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1897-12-30

|It1ere were many miSgivings about
4tEture of the tariff bill in the Sen
because Of the fact that the Re-
1leal party did not control that
ii and cannot during the present
ageSS The element which did con-
u it. however, saw that public
Etne1t was so strongly in favor Of
MSctive tariff that q refusal to per-
Nit4epaSSageOfl bill with whose SEN
-4s they did not fully agree would
N%lted by the people. Now there
alcatIonS that the same wise pol
Viii be pursued with reference to
currency question. President Nc
-ey Proposition for a retention in
treasury of the United States
Nllen are redeemed in
and legislation which will
an increase of national bank
'44ucn by an increase of the
-e4cn they may issue against their
>' o. bonds is proving extremely
ga0'e' and being generally COM
.4'U' not only by large majority
~' members of Congress, but by
E9sie throughout the country, as
.''A " The reports received here
-e4.D3rS OF both houses of Con-
Inc TACT that this proposition
u lay the foundation for an
~"4>IoTmation of the currency
d without the shock to the bust
!, 'o.'I which sudden change
produce and without increasing
4'e'eSV bearing indebtedness.
" 10 be very warmly commend
A. .'Ope oL Doth parties. This is so
'y8rent that there is reason
',t1' lhe members of the SEN
a., -r nave 1t in their power to de-
= cessation offered and sup
rs ~ Tue Republican party, will
% % same ground upon this cues
5 ,., 'AeE did upon that of the
~ ,r1 omit such factional or ex-
~, .'HO>non as to prevent it's final
I'm MI. aol be supposed. however.
y m, nH 9e done Instantly. There
9nan al " currency propositions. so
an n' no have plans of their own
b, ,, s~. !, they have decided to
elr bs '1e whole matter will nee
h ,o os very thoroughly discussed
Ia pu Is taken. But the fact
@y ,ss"'ent's plan grows more
Ia, ;. DAY as it is discussed,
fl az : appears to lie a simple
ot ~ Inally taking the Govern
him :, we banking business and
b a sns s responsibility for main
se,r %o.Iclent currency and the
N NJ ts 4. 10 pass from it's shoulders
Id a sn e banks of the country,
4 ia S sufficient number of mem,
lso lutte Who are not within
tn
5ntsu of this kind upon the
s's Eminent Revenues,
<osss' at d '9 at the Gus
" s,s VI !, The country and at the
ns carefully watched
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1897-12-30
Americans Will Make the Laws.

Notwithstanding the absurd talk
about our prohibitory tariff, the world
is buying more literally of the United
States than before. And for the very
GOOD reason that it can get it's wants
s11nplied here better than anywhere
else. Meanwhile the American Congress
will continue to make American laws.
Tho ioh will not be let out to foreign
ers lust yet.-Troy Times.
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1897-12-30

states froih the beginning of the month
- Whlch Mr. Bryan was nominated to
Tue beginning of the present month
was S2ll,359,338, while the total mon
ey OF Mexico-gold, silver and paper
10 91oo,OUUUOO. A. B. CARSON.
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1897-12-30
risc Policy Outlined


correspondence:
r.,AInstohp W. ~ first fortnight of a session
F1ie ,ns cannot always be looked
d l'n ns an index to its prospective
% a. s,s ID developments thus far have
st'a' .. ,nn the feeling that the pres
s'1s . ,I of Congress may be as sat
y ':s,r and prompt in its action ii on
''. 4. 9o's!tional subjects as was the spe-
q at patlO held just after the inaug-
d Ss' ~ PRESIDENT Mckinley. Three
c t.., u have especially attracted the
e3js tn If statesmen since their ar
>'l. ND discussions have already IN
5'' aI . gratifying drift of sentiment
5aS' ' - are currency REFORM
J-i% Sa and expenditures and the Gu
sre1ae anu Gal
| ID question: Question
hofnite prediction as to what
' ..',s will or can accomplish upon
, r,rsd question of currency IS not
'sa' determine, the developments
o. ~ srp encouraging to those who
p0 9,roc+fon, 1t will be remembered
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1897-12-30

Frank NJ. Genin, 38 years cid and a
sen of John r. Genin, the famous halter,
from whom he inherited 100000, and
Charles w. Plyer, 5S years old, insur-
arce manager of the National Wall Paper
Company, committed suicide in New York
by shooting.
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1897-12-30

The case of the United States against
the Joint Traffic Association, involving
the applicability Of the antitrust law to
the agreement between the great trunk
lines between New York and Chicago, has
been reasigned for argument on Feb. II
by the United States Suprem9 Court.
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1897-12-30
nm FOB CONGRESS-
cen1 SESSION WILL BE
4; A BUSY ONE

q Great Importance to Be
ns'ti0n' currency and Cuba Likely
pi''n''. NE Nest Forward-bryan's
<.t to Mexico
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1897-12-30
AMOUNTS TO LITTLE.
THE IMITATION OF PARTiCIPA-
TON IN AFFAIRS.
The Real Work in the Legislature
Halls Is Done by Leaders, bnt That
Does Not Put Stop to Endless Cau-
cusing.
About the Cloak Rooms.
Washington correspondence:
OST members of
ConpraSS think

1 OO1 uIeIllDeIS VI
| Congress think
4 that they know
pretty well what
would be the best
policy to be fol-
lowed by their
party. In the SEN
a t e recognized
leadership does not
so so far as it does
in the House, and
there each man
feels that he is en-
titled to be, and
he is, consulted
concerning t h e
course to be fol-
lowed hY his party.
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1897-12-30

cloak room, around the freplaces in th
hall and in the body of the House.
Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1897-12-30

y d.. n'nent Revenues,
scssSs :, developments at the ems
y ara Tue country and at the
0elhs carefully watched
Williston graphic. (Williston, Williams County, N.D.) 1895-1919, 1897-07-30
A Baseless Report.

The Steel Ozone is back into the re-
publican fold again We knew some
thing would happen when Editor Wood
got hold Of the pillow handles. mere is
nothing AS good as labor-hard labor-lt
makes a man forget his follles.-Ellen-
dale Leader.
Here's another development OF that
favorite quid of the gold press--"the sill
YER craze is dying out" and about as cor
rect. The IF Herald has similar
item. We shall have to start an action
for libel against Winship. He has done
us great damage-in our feelings. We
are not "back" in the fold again. The
Republican, party is on the road to dis
Indignation as G 0 p. Its days of hon :
or and usefulness are past. 1t has
fallen among thieves, and is used as Bill
Sykes used little Ol:ver-to open the
doors and let in the burglars. We have
not changed as TO our admiration for the
party in it's days Of glory and power. we
recall such of those days as we remem-
Der with pride that before attaining ma
iority we adopted its badges and for
years voted and upheld its tickets.
But the progress Of the human race is
ordained to be forward, and no combina-
ton OF men into political party may
stop its course because they see some
thing on The road that they think will
greatly profit themselves. Develop
ment is inevitable, but the managers Of
| the party seek to arrest it. They may
get a temporary benefit out Of their
work, hut al, the time the great soul of
Il nation is moving onward under the
influence Of new impressions and chang
ing thought It is little concerned with
the fixed ideas Of parties, and the party
which refuses to adjust itself to the
temper Of the time, or to step in the
front of developing readjustment of
things is pretty certain to degenerate
into mere spoil seeker, and its mission
for good to the commonwealth IS at an
end. It has been SO always, as those
who read history may see. But the
trouble is that SO few read history, or if
they read they decide that they are now
living in new age, and hence the laws
which govern the rise and development,
decay. decline and demolition OF OLD
parties do not apply to the day they live
iu.-Steele Ozone.