davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1897-01-26
A NORTHERy yEw-YORK BANK FAILS.
THE PoTsDAM NATIONAL DRAGGED DOWN -
THE COLLAPSE OF THE PIERcEFiEI.D
PAPER COMPANY.

Potsdam. n. T.. jan 25 fspeciaD.-The mcse
serious business trouble that St. Lawrence County
has experienced in many years eliminated to-day
when the National Bank OF Potsdam closed 10
doors. This action was a great surprise TO every
in Northern New-York. for this bank had been
regarded for many years OF the soundest
financial institutions i'm this part OF the State. The
closing OF the cank g directly attributable 10 the
failure on Saturday Of the Piercefeld Paper and
Mining Company at Pierce1eld. in this county.
This company a little more than year ago opened
immense paper slill: its bonds ard preferred
stock were hoated In New-York city. Ex-Governor
Flower buying 100000 OF the preferred stock. The
president OF the company is Luke Usher who IL alse
president OF the National Bank Of Potsdam. County
Judge T. II. Swift is the assignee OF the company.
Its assets said to be worth $4,000 while Ito
liabilities are placed at 10000. exclusive OF the
capital stock. Among the directors OF the Pierce.
field Company are the State Superintendent OF In
surance James F. Pierce and General T.. a. Merritt.
When the news OF the failure OF the Piereheld
Company reached Potsdsm. heavy Withdrawals
from the National Bank OF Potsdam began and at
3 o'clock this afternoon the bank closed It's doors
and announced that deposiors would be paid In fuu.
which, It is believed. the bank Will be able 10 DO
The failure of the Pierceheld Con- psny is said 10
be due TO the inability OF the company TO meet
obliga tions which became due last week MI
Usher is also president OF the High FAILS Suipnire
Pulp and Mining Company, at Pyriies Inns com.
pany's paper was largely held by the Na'oha' DA"S
The Posdam Knitting GSmpsny, is closed for the
The Peoples Bank here is not affected by these
failures ,,,. 4. 49,. a
Among the deposits OF the failed bank Is one os
81 900 OF the county money. out the CounV Isenu
| urer is amply protected by the bondsmen OF 'ns
| bank. . ,s-, - 81. r~orttsr
The bank organized IN ISL as me frnnses :, hsd
rim contnuously since that date Its capitaI stocx
s e,yen as s9 Oo: surplus. $4,000; undivided nronts
5000: deposits. $sSooo; loans ana di eoun.s. sV
! saratoga " Jan % DISQUALIFICATION f.
Sanford OF Potsdam was to-day appointed co,t
rusrt " wss made al Ballston Spa BY Judge kelose
in granting motion by Frank l.. Bell OF po'sdam m
Excelsior Springs. Mo. Jan 3LJuess -. H. ~
Farmers and Merchant. Bank The l!sSsess sond ar;
nsarv 20 per cent OF the deposits In cash In the
safe.
New-York tribune., 1897-01-26
RAILROAD INTERESTS.
UNION PACIFIC FORECLOSURE.
ATToRNEY-GENERAL HARMON REPORTS 10 THE

ATToRNEY-GENERAL HARMON REPORTS 10 THE
sENArE-A LETTER FROM Mr.. CLEVELAND.
Washington. Jan. 25.-In response to resolution
the Attorney General to-day Informed the Senate
that agreement has been made with the Reor-
ganizaton Committee OF the Union Pacific Railway
Company respecting the foreclosure OF the Govern
mcnt lien tho property Of that company. he also
said he had designated the United States Trust Com
pany OF New-York the depostary and that
A.JOO.oO0 had been deposited under the agreement
Among the correspondence transmitted Is letter
from President Cleveland dated January II. which
follows:
Hon. Judson Harmon. Attorney-C;eneral
The bill which has been for some time pending be,
fore the Congress 70, the
to the Government Of the United States has been
defeated f IN n m0qs % sss Kanss.
default in the payment Of their Indebtedness having
occurred and suits having been begun bsh 1Sl ne
mount to the lien and security OF the United States.
ys ,a are a aTSy o
taking such precautions and perfecting such
the payment Of their indebtedness the Government
result Of the suits now pending or others to oe
snail be needfa to protect and defend the rights
and interests OF the United states IN respect OF such
cd en aa Of the to
OF railroad companies In the case o. the other
suits are pending different situation is presented.
which requires further consideration before deciding
Ynmrs truy' ~ GROVER CLEVELAND.
The correspondence between the Attorney-General
and Chairman Fitzgerald regarding the agreement
under which the foreclosure proceedings were begun
"a a,so transmitted The REORGANIZATION COMMITTEES
agrees TO guarantee a minimum bid OF $5 oSo Tor
the Union and Kansas Pacific property within tne
Government en and for the cash and securities IN
the Union Pacific sinking fund taken at par which
shall produce the Government over and above any
prior liens ard charges upon the railways anu s'""
ing fund a.. ...,..,
Representative Powers of Vermont, the chairman
NJ The House Committee on Pacific Railways. said
today that the subcommittee will In all probability
repori favoraby TO the full committee to-morrow the
Harrison bill 10 settle the indebtedness or al the
bond-aided railroads TO the Government ny com, h
Representative Harrison. OF Alabama. The Harri-
son BILL however. will be SO enlarged as 10 Include
the Sioux City and Pacific Railroad. Judge Powers
saws II the commission BILL is favoraoiy reported 6y
the fu,l committee and falls to become law. the
Government will have other recourse thin 10 FORE
close It's several mortgages.
New-York tribune., 1897-01-26
70 INVESTIGATE TRUSTS.
THE ASSEMBLY AGREES TO THE LExow
SENATE RESOLUTION.
PASSED AFTER A LONG DEBATE By STRICTLY
PARTY vorE-THE COMMITTEE WILL BE

PARTY vorE-THE COMMITTEE WILL BE
APPOINTED AT ONCE.
By Telegraph The Tribune,
Albany JAN 25.-The Assembly debated to-
night for three hours. and then agreed to Sena-
tor Lexows resolution for an investigation Of
trusts by a special committee Of the Legislature.
The Democrats and Assemblyman Robbins.
Independent Republican. Of Allegany County,
opposed the resolution. taking the ground that
the facts about trusts were so we'll known that
legislation could be framed without making an
investigation. Mr. Robbins showed that there
had been eight Investigations Of trade combna-
tions within ten years. and that all Of this EVIL
dence had been printed and was at the service Of
the Legislature. In his opinion what the As
sembly ought to do to pass the bill
which Governor Morton had failed to sign. al
though II was passed by the Legislature in 1895.
giving the Attorney General Of the State au-
,hority to send for persons and papers when he
desired to learn the character Of a trust.
Mr.. Nixon. the Republican leader. in reply to
Mr.. Robbins. argued that an investigation was
needed. since there were new trade conditions.
Old trust Investigations could not be depended
upon in drawing up present laws. He believed
the Senate and the Assembly were in earnest in
their desire to pass laws which would destroy
trusts or any injurious trade combination. The
good faith Of the investigation should not be as
sailed until there was some evidence that the
committees were not working with a sincere In
tent to discover the truth about trusts.
Two amendments were offered by the Demo-
Gratis. one by Asemblymen Green, providing that
there should be no investigation. but that anti
trust bills should be introduced within ten days:
and by Assemblyman Trainer. providing
that the Legislature should not adjourn until
some antitrust law was passed. Mr.. Trainer 8
amendment received the votes Of thirty-three
Democrats and of Armstrong. Laimbeer and
Robbins. of the Republicans. The other was de-
feated by vote Of 32 to %. after speeches by
Mr. Green and Mr. Trainer in its favor.
The original resolution was then adopted by a
vote Of 80 to 81 the Republicans voting for 1t,
and the Democrats against ii. The Senate and
the Assembly are thus committed to the pro-
posed investigation and the special committee
Will be appointed tomorrow. 1t Is probable that
Senator LeXoM will be at the head of the affair.
New-York tribune., 1897-01-26
his alleged prospective appointment as collector q

his alleged prospective appointment as CouecsE
the Port Of New-York. as published by varsou9
newspapers since Saturday last Mr.. saxton seems
very much depressed over the recent published r.
ports Of his interviews with Major Mckinley au3
Thomas {. Platt which mainly have emanatel
from Albany reporters. He said they had anncye4
ana the statements made, were not substanuauE
true ~
when asked In regard to his relationshlp,
Major McKinley's wife, he replied very promptIys.
~ am not In any way related to Mrs. MckinleyS
"Mr. Saxton was then asked IL the President-eiec<
had promised him the appointment OF Collector 81
the Port of New-York. and he replied quite en-
phatically:
" The Prcsident.elcct has not promised me an A..
po!ntment Of any kind nor have ever told any o.
The correspondent then asked Mr.. Saxton nS
candidacy had been indorsed by Senator-elect T. u
Plat, and he replied
There has never been any talk between SEN
ator Platt and myself about his indorsement %
my alleged candidacy for the appointment OF CoIie9s
tor Of the Port, and have had no interviews wiz
any correspondent upon the subject"
New-York tribune., 1897-01-26
BoNDHoLDERs MAY SUFFER LOSS

Louisville Ky. Jan. 25.-The bondholders OF The
Richmond Nlcholasve and Irvine Railroad will
probably lose their entire holdings by the reorgani-
zation of the Louisville. New-Albany and Chicago
Railroad which has been ordered TO be sold for the
benefi, of its bondholders. Tne Richmond Nicholas
vile and Irvine road was bonded for 81 100000 and
the bonds were indorsed by the Louisville. New
Albany and Chicago Railroad. No interest has been
paid since 1891 and there is no provision FOR ihe
navment of the bonds In the order given in Indian
apoiis for the sale OF the 'Monon property. Half
a million dollars worth OF bonds are held in Louis
New-York tribune., 1897-01-26

Albany Jan. 25.-The annual report OF the state
Board of Claims shows that since the Board was
organized in 1855 II has heard and disposed OF
251 claims against the State. aggregating SSiscss
The awards on these claims amount TO slSss.'O6
For the year 1896 the number OF claims decided by
the Board was lse In which the amount claimed
was 81 95O.42S and the amount awarded was :62.l2'
There are 743 claims pending before the Board
New-York tribune., 1897-01-26

City The company will build a standard gauge
steam road about ten miles IN length from An
cram. n. Y. to Egremont Mass: The dlrectors ,es;o
=. Burnett James 1. Simmons. Arthur !, Davis
James G. Richie OF New-York City: William II.
Chapman OF Brooklyn; Nathaniel c. Read. of Bos-
ton and C. ] Walton. Of Wayne. Penn.
New-York tribune., 1897-01-26
Mr.. sAXTON AND THE COLLECTORSHIP

THE WAYNE COUNTY LEADER DENIES ANNOYING
STATEMENTS THAT HAVE BEEN PUBLISHED
Rochester. n. Y. Jsn. ga dispatch to The
Democrat and Chronicle from Clyde. y. r, says:
THE correspondent Of The Democrat and Chron-
icle' called upon the Hon. Charles T. Saxton this
morning for the purpose Of securing his opinion Of
New-York tribune., 1897-01-26
TWO Union PACIFIC sYNDICArEs.

r. appears that there two syndicaies In con-
nec;on with the Union Pacific Railway reorganiza-
ton. The subscribers TO both. however. are the
same to large extent. One syndicate the hrst
vas oryanzed TO purchase coupons and make other
navments as they fell due and the other was
formed 10 paw of the deb; to the Government.
New-York tribune., 1897-01-26
THE REPORT on LONG ISLAND.

Stephen Little, the expert accountant. who made
an examination OF the financial condition Of the
Long Island Railroad DID not deliver mis- report
Yesterday 10 the syndicate which contracted to pur-
chase the Corbin estate stock. His report Will be
ready for presentation tomorrow.
New-York tribune., 1897-01-26

Senator-elect Plat will start for Albany on the
Empire State Express from the Grand Central Sta
ton this morning. He will be accompanied by
eral OF his personal friends but the majority Of the
diners from this city Will 90 TO Albany on the l
y. train
Mr. Plat has made the discovery that he Is In need
OF following the strain OF the last few months
He intends to seek relief for few days at least
from the constant ringing OF the telephone bell which
has been making his life almost a burden. 1t has
seemed 10 him that every man In the State who wants
something has kind of to grind pro-
ceeds to ring up Mr. Plstt's telephone. Near the end
OF this week Mr. and Mrs Plat Will start for Jack
they reach that point has not been settled but they
may visit Mrs. Pats orange farm In the lower part
OF the State or they may remain in the neighborhood
Of Jacksonville a snort time. Mr. Platt said yester-
day that before had he felt so much the need
of little rest They Will probably return to New
York at the end of a week ten days.
New-York tribune., 1897-01-26
RESOURCES.
Bonds and mortgages
......... .s396. Ii2.9iI
.............. 1896. ,42 y47
SUPPLEMENTARY.

Total amount Of profits during the year.
Interest credited depositors during that perioS
Expenses OF institution during same period
Amount Of dividends declared. .............
Amount Of deposits on which interest Is n
lowed ACKNOWLEDGEMENTS.
Amount OF bonds and mortgages purchased
Taxes paid during the year ..........-......
New-York tribune., 1897-01-26

NEW ROUTE TO THE BERKSHIRES
Albany Jan. 25-The Hudson River and Berk-
shire Railroad Company was Incorporated to-day
with the Secretary Of State with a capital OF
100000 The principal Office will be In New-forK
New-York tribune., 1897-01-26
THE PLITT DINNER TONIGHT.
THREE OF THE SPEAKERS SUDDENLY FIND THAT

THREE OF THE SPEAKERS SUDDENLY FIND THAT
THEY CAN'T ATTEND
Albany, Jan. y5 (Specan.-The banquet to Sen
ator-elect Platt tomorrow night at Harmanus-
Beecker Hall faded a little in glory to-day In con-
sequence Of the receipt Of kilograms by Addison b.
Colvin from Senator Lodge. OF Massachusetts,: Sem
ator-elect Penrose. OF Pennsylvania and ex-Sena-
tor W. p. Kellogg OF Louisiana. three OF the speak
crs declaring that business elsewhere forced them
to send word that they would not be In Albany to-
morrow night. The chief speakers will be Addison
g. Colvin. Thomas c. Plat. Governor Black and
Lieutenant Governor Woodruff Mr.. Platt has
sent word that his speech will be brief
New-York tribune., 1897-01-26
RECORD OF 1896.
Five Years. Steady Sweep Onward.

Five Years. Steady Sweep Onward.
3-,sea Years.
assets s8ss9674.32 $t9,54tS27.85 $f2.6S2,tS3.6S
Surc,.e t.a49O57.O6 4,034ti6.93 2,S8S,
Iocome 670363t.63 t4,t58,445.53 7,454,8t3.80
Insurance S2O4S34SS'oo 'ozoSoS'Vo
Interest Earnings 280,34S.S7 Szooo''oo o"0's0<'0'
The Prudential now all Industrial weekly premum policies
on the plan. The most liberal lndu contract 10 inc
world.
s,, ADVANTAGES to persistent Additional Benefits
FIVE years and Cash Dividends sah
Equitable provision Padup Insurance or Cash surrender values IN
of lapse
The Insured thus placed on the same oo"s as
the OF policies for large amounts
The great principle oaco has been applied as tar as possible
to old policy Dividends policies issued in 1877 ana 1881 ana
payable under Regular Industrial Poee "e" "'e ~
force full years tim. OF DEATH
The San Francisco call., 1897-04-11
Baldwin Theater.

Tomorrow evening Otis Skinner will
begin the third and last week of his en-
gagement at the Baldwin Theater and
will present for the first time in this City
his version of "King Richard ILL.," which
Is said to be very unusual reading of the
title role.
He is not the usual ranting, scene
tearing monarch that the theater-goers
are used to seeing, but is quiet in all that
be does. His argument for this is that
the King was far too much OF a diplomat
to allow himself to be carried away by
violent methods at every turn and re-
sorted to them only as last resort. The
version of the play which Skinner pre-
sents is his own arrangement. During
the past summer he took the first and
second folios and Dy careful comparison
with the general acting edition, which is
the arrangement of Colly Cibber, restored
as much of the original text as was pos
sible. Skinner will repeat Richard III"
on Saturday evening. On Tuesday even
ing and at the Saturday matinee he will
present THE Lady OF Lyons" On
Wednesday evening he will repeat THE
Merchant of Venice which will be fol-
lowed by THE Tanning of the Shrew," on
Thursday evening "Romeo and Juliet"
will be given and on Friday evening
Hamlet" will be the play.
The big minstrel organization which
Primrose & West are to bring 10 the Bald
win Theater for an engagement OF two
weeks. beginning Sun lay evening, April
1S, will INCLUDE over 100 performers.
The San Francisco call., 1897-04-11
TiVoli Opera-House.

Sir Julius Benedict's romantic Irish
opera in three acts, "The Lady OF Killar-
ney," will be presented tomorrow night.
The book of this work was adapted from
the celebrated play by the late Dion
Boucicault THE Colleen Bawn." New
scenery has been painted from recent pho
tographs taken in and around the beaute.
Gus Killarney. The costumes, accessories
and light effects will be all in keeping.
The cast will include: Laura Millard. as
the Lily; Elvia Crox Seabrooke, as the
lively heiress, Anne Chute: Bernice
Holmes, as the naughty Mrs. Cregan !;
Josie Intropidi, as Sheelah; Maurice
Darcy, as the good-natured NY les ma Cop
paleen; Rhys Thomas, as Hardress Gre
gan; John J. Rafael, as the devoted and
faithful servant Danny Mann; Ferris
Hartman, as Mr.. Corrigan, the middle.
man. and w. II. West, as the parish
priest, Father Tom. Many novelties are
in course OF preparation. After Esster a
novel musical melange and annual re-
view, entitled "Miss Frisco" will be pre-.
sented.
The San Francisco call., 1897-04-11

cipal singing soubrette of "The Prodigal
Father" Company, is specially engaged for
the concert hall scene of the second act,
in which Miss Thomp .on introduces her
musical bells. ana Fred Ford. hoy te nor,
participates. together with Nat NJ. Wills,
Julia Blanc, airline Wyatt and Baby
Lewis, all OF whom are TO have interesting
speciallies. The play tells story of New
York life, in which the newsboy re cues
the little heroine (Baby Lewis) from the
third story of a burning building and later
from bridge over which train crosses at
full speed, while Willie Rufus and his lit
tie friend cling to tie
Decidedly one os the special features OF
this presentation will be little Baby Lewis,
who has recently returned from a tour
with the Leonard Grover company.
The San Francisco call., 1897-04-11
Columbia Theater.

One of the most important engagements
of the season at the Columbia Theater is
that which will be inaugurated to- morrow
night. when Miss Georgia Cayvan and her
own company will begin a two weeks
engagement. Miss Cayvan has not visited
San Francisco for several years, her last
appearance here being with the Madison
Square Theater Company of New York.
a severe illness has deprived the stage for
TWO seasons of Miss Cayyan's services.
From this, however, she has now fully
recovered, and at the beginning of this
season she set about the accomplishing
of a ng-cherished purpose, the return to
the stage at the head OF q stock com pany
of her own. Squire Kate" was early
given a place in the repertoire of Miss
Cayvan's company, and it is this piece,
The San Francisco call., 1897-04-11
A Modern MoIiere.

When Moliere was dying he insisted on
acting to the last gasp, in order that his
players might not be disappoi nted of their
bread. Something of the same spirit was
show wn in the recent death of Giacinto Gal
lima, the Venetian playwright. Until the
last he was conscious that his end was
near and the only prayer he addressed to
his doctor was: MAKE me live until can
finish my comedy, that my poor actors
may not be disappointed"
A correspondent says: "Poor Gallina
never knew what ease and comfort were.
Notwithstanding his rare talent he was
always poor. This m altered little to him
self. But he tried to struggle against pov-
erty for the sake of those near and dear to
him. For them he lived, not for himself
He did not even know how much he
earned by his comedies. So long as he
could reckon on his daily bread that was
all he asked from them. Few men, and
no others in his position, live from day to
day as he did. At last the town Of Venice
allowed him 1000 francs a year (S2O0) to
keep him from starving and on that he
thought himself passing rich. His funeral
was most imposing. He might nave been
a min ster of state, an EN- bassador, mil
liona re, instead of a poor histrion. The
The San Francisco call., 1897-04-11
Alcazar 1heater.

Hugh Conway's "Called Back" will be
presented at the Alcazar Theater TO- or
row evening for run OF one week. The
story was presented originally in book
form, and as play it has been seen re-
peatedly. 1t tells story of love and de-
yotion which is blended with the plots OF
Italian patriots and nihiIists. Its scenes
are laid in London, Paris, Siberia and
Italy, and the types of men and women to
be found in Continental Europe are drawn
by the author The entire company will
appear in the play, which will be noun ed
with new scenery, costumes and effe cts.
The last performance of the old English
comedy wild Oats" will be given this
afternoon and evening.
The San Francisco call., 1897-04-11

streets were too small to contain all the
people who loved him, and wished to ac-
company him TO his last home. A bigoted
friar had said that the histrion was not
worthy OF Christians grave. but little
child carried a cross before his bier, amidst
cloud of floral wreaths and buncbes OF
sweet flowers.
in one of the last letters Gallina wrote
to a friend, he said that it was his opinion
that the drama, as an art. was dying.
Farce, he says, may remain, but plays
which show life and human character as
they are, are no longer for this generation.
nor for future generations. Vuigarity is
invading everything, and has an art of
itself. After have finished the comedy
have begun (his last one, alasD shall
write no more in dialect. But l have
begun this one, and must finish it-urie.s
l diel More l cannot do!'
Poor fellow, he felt the hand of death
upon him, even t en-. Curiously enough,
the most sympathetic part in this last
work of Gallina Is a priest. And no priest
would accompany his body to the grave!
The San Francisco call., 1897-04-11
At the Chutes.

The Chutes have a new attraction for
this week in Il addition to their zoolog-
ical collection of family of coyotes.
Since the agitation in the Legislature on
the coyote-scalp question the manage.
ment thought it good plan to let people
see the animals so much talked about.
and accordingly secured this interesting
family of lamb-stealers. Zanfreila Broth.
ers, perch artists, have been added to the
outdoor show, and with Montrose and
Cox, Marco Brothers and the rest, the
vaudeville feature is strong. Markeburg
makes another balloon ascension this
afternoon.