The Norfolk Virginian. [volume] (Norfolk, Va.) 186?-189?, 1898-01-01
Trusts and Corporations Take Care 81 Of
flee Holders Under CIeYeIan1,
TWO OR THREE NOTABLE EXCEPTIONS
some Arc Bnnss Presidents. some
hniirond mngnatcs and Some At
tornrys for Rich corpnrnttons-
North Caroline national Banks--
The Next Invasion.
Especial Cor. of The virginian.)
Yashinwton. Dec Al lSe7

Washington, Dec. 81. 1897.
Comptroller Eclles, of the currency,
anu commissioner Foreman, Of Internal
revenue, both Cleveland apDointees
severed their connection with the adj
mlnistmtion to-day, ten months after
the Republican administration had
come into power. Both are from Iili-
noiS and both worked actively by indi-
rection for the election Of Mckinley,
which Is tho secret of their holding on
so long. Mr.. Foreman was the candl-
date for Governor of Illinois on the so
called national Democratic ticket and
MIR. Eckles for the past five years has
spent as much time away from his
Office as In It, preaching the dod,rinc OF
the single gold standard. Mr.. ljclSles
has relpcd his reward and goes to the
head of a, large national bank in Chi
caso und Mr.. Foreman has organized
II trust company at East st. Louis.
And so it goes with the whole Cleve-
land hllanX of office holders from the
East and West. The Southern Office
holders, as IL sule. STOOD by their colors
ana returned to their people true to the
faith in which they were used. There
axe but two glarinG exceptions. iIX
Secretary Carlisle has removed to New
York city as advisor j. counsel to J. Pier
pont Morgan in his numerous railroad
corporations and trusts. Ex-Secro..ary
He: ebert, of Alabama has located here
and is pra cticing law and acting as
counsel for several Eastern trust COM
panies. EX-ASgiaant Secretary Ham
lin, of the Tire aSnry, is counsel for the
Hudson ard Maine railroad; his col
league, eX-Assistant Secretary Custer,
has taken up his corporation business
in New York EX-Commissoncr Mil
Ter, of internal revenue, 10 connected
with bond and trust company in Bal
timore. EX-Sccrctlry Francis of Mis-
souri, the head OF several trusts in 81.
Louis. ]. Sterling Morton, the pictur-
csque Secretary of Agriculture from
Nebraska, is clllirg down mortgag es
in his trust company nj omaha. Rich
ard Olney. former Secretary of State, Is
counsel for =. dozen corporations and
trust companies in Boston and incl
with the New York and Washington
ends TO his former colleagues, Carlisle
and Herbert GX-Secretary Lamont Is
managing the NORTHERN Pacific rail-
road. len -Foslmasi err General Wilson
is at the head of Washington and Lee
University at Lexington. Va, and so on
10 the minor officials. This IL n goodly
array of leaders" who. according to
the Democratic platform, are against
llUslS, Splppi taSltSSipil anu
friends Of he people. 1t shows. how
ever. that the trusts and corporations
did not in the hour Of their dishonor
and defeat desert their most potent nj
lies
The compilation OF the returns of the
twerty-siX national banks OF North
Ca;olnn on December 18TH last shows:
Loans and discounts, SG.493 S42; lawful
money reserve, $52l ,S.7. of which $780,
524 is in gold; surplus, s75i,0s1; undi-
vidcd profits, $i2l go; individual depos-
it's, $5.73S 2S3; notes and bills rehis-
counted, sTG9l7, and bills payable. $75,-
600
Frank Laws and Thomas Davis have
been appointed boatmen at Newport
News at $50 per month upon the recon-
mendation Of the collector.
As Mossrs. Wadd!ll, Bowden and
Walker have not found it convenient to
come here until after the first of the
year. and as the Virginia contests he
fore the Election Committee will draw
leaders from all over the state, the
conference OF Republicans for distr
button OF offices will not take place
until next week. Mcssrs. Agnew and
Scott are in daily consultation.