The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1898-03-11
MORE MONEY.
RumOrs of Big Bond Sale to
Come Soon
To Provide S1OO,OOO,OOO For
the Use of the Government.
WATLSTREET EXCITED
Over the Prospective Voting of
the Bonds.
Spain's Torpedo Squadron to
Start For Cuba.
WALLSTREET EXCITED


today.
Nothing approaching agitation was
apparent anywhere, and fluctuations
were relatively insignificant. This su-
perfciaI caImness, however, does not
induce bullishness among veteran oper-
ators. Generally the lack of activity is
construed as rejecting rather dis
couraging elements in the situation
Under the surface appear many indica-
tions in the financial world Of nervous
ness beyond what hitherto has pre-
vailed.
An important banking house with
foreign connections, has been securing
Wall street today for confederation or
refutation of reports heard in London
that the $50, ,000.0 .000 emergency appropri-
alton just voted by congress is to be
followed by the voting of a bond issue
of a much bigger figure. Generally IN
Wall street there is disbelief in this
LOnG on rumOr, though houses with
important Washington relationships
say at the close Of business that It IS
simply impossible for anybody to fore
cast what may within the next ten days
come to pass.
Some more foreign gold has been en-
gagged for import here, and money rates
at this center do not yet much SIlfIen
Not less than six New York bank pres
idents told me this afternoon, however,
that there was ground for the expecta-
must soon advance materially. Half
of them even went so far as to predict
a period of tight money before the mid
die of April.
in a position where it can be
lifted somewhat by exceptionally good
neWs-as, for instance, a specific apOl-
Ogy from Spain-and it is at the same
time so situated that any pronounced
bad news would send quotations down
as by toboggan.
Chicago, March IA special to the
Journal from Washington says: The
United States government has virtually
taken possession of the American line
of steamers, consisting of the St. Louis,
St. Paul. City of Paris and the New
York.
A federal naval officer will be put in
command practically of each of the big
these shores. Commander Brownson is
virtually in command of the St. Paul,
which sailed yesterday
Madrid, March 1.-THE torpedo squa-
dron unless the plans are altered will
start today for the Canaries, while the
torpedo destroyers leave England di-
rect for Cuba.
A strong sentiment is growing that
peace or war should come without de-
lay.
Chicago, March 11-Chicago has a
regimental claimant for the honor of
being called the first Illinois Volunteers
in the event of war with Spain. The
full roster is in the hands of Governor
Tanner with assurance that the regi-
ment is ready at one hours notice.
Col. Thomas L. Hardgan heads the list
of command officers. A notable fact
is that Col. Hartigan, Major John Ryan,
Capt. Harry L. Beach and every other
officer of the regiment has been either
in the service of the regular army, at
West Point, or in the militia OF Illinois
and other states.
London, March 1.-THE New York
correspondent of the Daily Telegram
says;
I have it on the highest authority
that a triple alliance between Great
Britain, the United States and Japan is
pending.
Washington, March Negotiations
are proceeding for the purchase of the |
Brazilian cruiser Amazonas, and her sis
ter ship, the BarbosO, by the United
States. But so far as the navy depart |
ment is advised, have not yet been
closed.
Washington, March 1.-THE negotia-
uons for the purchase of the two Japa-
nese cruisers now building in this coun-
try at Philadelphia and San Francisco, |
are off, and the present indications are
that no further steps will be taken to-
wards acquiring these ships. The Japa-
nese government appears to be even
more deSlrOuS OF securing these ships
than the United States, and owing to
the delicate character of the aspect of
affairs between Russia and Japan, it
Is felt that the needs of Japan are quite |
as urgent as those of this country.
Washington, March 1.-THE bill for
the relief of the victims of the Maine |
disaster was to have been called up in !
the house today. Speaker Reed agreed |
before the house met to recognize Mr. |
Boutelle, chairman of the naval affairs |
committee, for that purpose. The lat
ter left the hall for few minutes to
summon his committee, who were in
session, but before he could return the
the house had gone into committee of
the whole to consider the Bowman
claims bill. It is expected that Mr. |
B0uJelle viii be given an opportunity |
to call up the bill tomorrow.
Washington, March 11.-Secretary Al |
ger has authorized Gen. Flagler. the |
chief of ordnance, to make arrange /
ments at once for procuring a large
number of rapid fire guns for seacOast /
defenses.
This action is taken without waiting
for allotment among the various bu-
reaus of the war and navy departments |
OF the S50, 900 voted for the national
defense The secretary felt that there
was no reason for further delaying the
necessary steps for the procurement of
these guns, as it was felt there would
be no trouble in arriving at an equita-
bic adjustment of the money available
Ever since the battleship Maine was
wrecked IN Havana harbor, the Srd-