davidaulloa/AmericanStories huggingface dataset:
The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1898-11-20
ORGANIZATION OF THE MCDONALD COM
PANY.
PANY.

The other corporation that was organ
lied by DR.. r. H. Mcdonald is not now
in existence. 1t was known as the
Mcdonald Company" and was or
ganized six days before the Pacific
Bank failed, and two days after Frank
V. Mcdonald, without authority, trans
ferred the Market-street property of his
father to the fake corporation that had
been organized to cheat the creditors
Of the Mcdonald banks. With an in
science that seems almost incredible
Dr. R. H. Mcdonald used the names of
honest men to conduct this scheme.
When the dishonesty of the organizers
became apparent these men retired in
disgust from the company and a re-
organization became a necessity. The
company was remodeled and new men
were introduced and new schemes
were planned. The old banker, who
Wlshed to save his private fortune
from his creditors, saw that he would
nave to more completely disguise his
operations If he wished to retain his
property. He therefore had the INC
Donald Company transfer his valuable
waterfront lands in Norfolk to Horace
w. Carpenter and J. B. Haggin. two
intimate and ServiceabIe friends Of the
old man. They in turn transferred the
property to Theodore N. Ramsay
This transaction took place when n
became apparent to the conspira+ors
that publicity threatened to DESTROY all
of the results of the tremendous theft
Ramsay was a willing tool of DR.. Nc
Donald, and when the proper time came
did as he was told. 1t was necessary IN
involve the valuable interests of DIR
Mcdonald in a bewildering maze of
legal technicality. Transfer after trans
fer became imperative, and although
the waterfront property at Norfolk
had passed from DR.. Mcdonald to the
Mcdonald Company" from the Nc
Donald Company" to Horace w. Car
pentier and j. B. Haggin and from
them to Theodore n. Ramsay, it was
necessary still to make another trans
fer.
Dr. Mcdonald, who has been exposed
to this city as one Of the most crafty
and dishonest bankers that ever op-
Grated in the town, was equal to the
occasion. He organized another com
pany, the Park Place Company, 10
which Theodore N. Ramsay transferred
all Of the interests held by him. The
consideration for this transfer was,
from any point of view that may be
taken, absolutely absurd. For a con-
sideration Of five dollars Theodore N.
Ramsay transferred to the Park Place
Company land that was worth hun
dreds of thousands of dollars.
This land belongs to the robbed de-
The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1898-11-20
THE HISTORY OF THE OLD BANKER s
PLOT.

That was, however, the beginning Of
his scheme. He had already deliberate
Iy robbed the Pacific Bank of over
5000 900. and he determined that he
would secure himself through legal
technicality from the loss Of hundreds
of thousands of dollars more. He knew
that the dishonorable end Of the Paci-
fic Bank was inevitable, and he sent for
one of his attorneys. His attorney was
informed of the true condition Of af-
fairs and was instructed to involve the
private property of DR.. Mcdonald in
such a maze Of legal obscurity that it
of the Pacific Bank to trace the move
ments of the willy old financier.
The conference between DR.. McDon-
aid and his attorney took place In New
York City in the early part of June,
1893 The old man declared that he
wished to place his property beyond
the possibility of attachment. The at
torney was ordered to exercise his legal
knowledge AM institute the necessary
proceedings to cover the tracks of the
old banker. The attorney and DR.. Nc
Donald went from New York to Nor
folk, and the day after they arrived in
Virginia the Mcdonald Company was
organized. DIR. Mcdonald transferred
to this bogus corporation all of his
Norfolk property that had not already
been transferred to the Norfolk Com
pany. After the organization Of the
Mcdonald Company" and the trans
fer of the old mans property
to this organization the aged
The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1898-11-20

Donald had first transferred his valu-
able holdings to the Mcdonald Com
pany and then from the Mcdonald
Company to Horace w. Carpenter and
j. B. Haggin. 1t has been. however.
impossible to prove this fact until now.
Mcdonald did transfer property that
was worth and is worth at least five
hundred thousand dollars to the Nc
Donald Company, and he is now en-
joying a revenue from the land.
All Of the old bankers propert- that
was not included In the transfers to. the
Norfolk Company was decided over to
the Mcdonald Company. These deeds,
however, were not recorded for the
simple reason that at that time the old
banker and his attorney did not dare
risk the uncertain chance of publicity.
DR.. Mcdonald came into possession of
the Norfolk property shortly after the
war OF the rebellion. The earliest re-
ported transaction in which his name
figures occurs in 1872, when the old man
gained possession Of very consider
able amount Of Norfolk land, situated
chiefly on the water front. This land
rapidly increased in value until the
time when c. P. Huntington and the
Chesapeake and Ohio Railroad sought
to make Newport News, which is just
across the James River, an important
port of export and entry. Mcdonald
understood the advantage of his posi-
ton and held the land, with the idea
that the great railroad magnate would
seek to obtain 1t.
The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1898-11-20
THE NORFOLK COMPANY BROUGHT INTO
EXISTENCE.

The property was retained by the old
banker for many years. The letters OF
his son indicate how clearly the family
hoped to retain this property as a new
basis for a new fortune after the fail
ure of the Mcdonald banks. When
this failure became inevitable DR.. Nc
Donald and his son Frank planned to
retain the property and protect it from
any possible attachment by the cred
itors OF the defunct banks. On June
8, 1893, fourteen days before the Pacific
Bank failed, DR.. Mcdonald formed the
Norfolk Company, a corporation organ
lied and planned with the sole purpose
of defrauding the creditors of the Pa
cific Bank. DIR. Mcdonald. as might
have been expected, was the president
Of the company and chief owner of
stock The vice president was F. S.
Edminster, who was also vice president
Of the Mcdonald Company, and, as al
ready demonstrated in The Call. will
ing tool of DR.. Mcdonald. Shortly after
the Norfolk Company WAS formed val
liable property IN Norfolk, aggregating
approximately $4,000 and owned by
The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1898-11-20

Norfolk In the expose The Call pre-
sents this morning there is not a fact
or detail missing. It will be shown to
the general public and those more
vitality interested that a few days be-
fore the Pacific Bank went down in
disgraceful bankruptcy DR.. r. H. Nc
Donald organized at Norfolk two dis
honest corporations. One of these con-
Germs was known as the Norfolk Com
pany, to which DR.. r. H. Mcdonald
transferred great deal of land that
he owned in the suburbs of Norfolk
City. This company meant and means
simply nothing more or less than DIR.
r. H. Mcdonald himself. The prop
erty that stands in the name of the
Norfolk Company belongs to DR.. r. H.
Mcdonald and is subject to legal con-
f1scation.
The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1898-11-20

positors of the Peoples Home Savings
Bank and the deluded creditors of the
Pacific Bank
The Park Place Company is the cor
porate existence of DR.. r. H. McDon-
aid himself For the first time this vi
tally important fact has been made
public to the people of San Francisco.
The way is now clear for legal con-
fiscation of the tremendously valuable
interests of DR.. r. II. Mcdonald at
Norfolk In his great scheme to de-
fraud the depositors of the Peoples
Home Savings Bank and the creditors
of the Pacific Bank, DR.. r. H. McDon-
aid was thoroughly aware Of the legal
conditions that limited his operations.
When he realized that the Pacific Bank
was about to fail he determined to take
every possible legal action to protect
himself from the confiscation of his
private fortune. He had already or
ganized the Norfolk Company and had
transferred to it many acres of land in
the suburbs of Norfolk City.
The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1898-08-01
BANQUET AT GREATEST SHOW.
From Glasgow ,scotland, Evening New,

From Glasgow (Scotland) Evening News.
Independence Day ard Mr.. Bailey's
birthday were Celebrated at the Great
est Show" yesterday, principally in the
matter of dinner and decorations. Ee-
tween breakfast and dinner-time the huge
tent of the caterers, Messrs. Klein &
Kohl, in which over 600 persons take
meals at one time, was transformed with
color. Stars and Stripes. and redwhte-
and blue, were everywhere, artistic and
| yet profuse. High up, facins the en-
! trance, was a portrait of Mr.. Bailey,
| framed in evergreens. Round the tents
were the flags of all nations except, as
was explained, that of Spain. Serviettes
| for each person-each days dinner is sup
| Piled identcally to every hand in the
show-included small American flag and
| a memento napkin designed in British
| and American flags and the Scottish Lion
| III the center, and the inscriptions-"Cilas
| gov, Scotland, ith July. 1885" and Long
| Live Mckinley, Success to Sampson,
| Prosperity TO Barn:m & Baley's Show.
| The little army of white-clad walters
wore the stars and stripes in various
| forms, such as neckerchiefs, faciful caps,
and summerburds. The dinner was excel
| lent and appropriate, the very pudding
being a very good attempt at the tri.
| color.
The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1898-08-01
Fever in Camp.

The outbreak of typhoid fever at
Camp Alger has increased, is increas-
ing and should be diminished The
health of the camp has been all along
indifferent, and its sanitation has been
at no time beyond the reproach OF
reglect of evils which might be read
lily remedied. 1t is hard enough on
the regiments cncamped there now 70
have been obliged to remain so long
inactive. The least that they might
have expected was that their health
should not be endangered by disregard
of hygenic measures which would Sc"
cure immunity from the dreadful
scourge Of typhoid. In fact the re-
ports of the health of the troops in
other parts of the country as well as
at Camp Alger is not altogether en-
couraglng.
We learn from our correspondent
that the health of the men at Dunn
Loring has greatly improved. Not a
single case of fever has been reported
at that end Of the camp. This shows
The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1898-08-01

One Lot Mems Soft Front Negligee
Shirts, separate cuffs. to be worn with
white collar. Our regular 60c line, at
43c.
One Assorted Lot Mems Soft Front
Shirts, with attached collars. Our soc.
75c and S5c qualities, in one lot to
close, at Soc.
Two Lots Boys Unlaundried Shirt
Waists, Mothers Friend" Our 500
quality, at 3Sc. Our Csc quality at Soc.
Broken Lots Celebrated King Waists
for Boys. Round collar style. $50
quality at soc to close.
Glen Collar Style, our s1.lo quality
at sec.
Boys Madras and Oxford Chew
lot Blouses, our sll0 quality, Csc. Our
$l.S5 quality, Sll0.
For Stout Men, extra large sizes in
Soft Front Negligee Shirts. with de-
tachable collars and cuffs at greatly
reduced prices for this sale.
The greatest value ever offered in
Mems Balbrggan Shirts and Drawers
at 2lc each. For this sale only.
Big reductions on Neckwear Hosi-
cry, ETC., etc, during this sale
The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1898-08-01

Washington, July II.
GPHE STORY of the foreign commerce
III of the United States in the year Cf
her greatest exports has lust been
ii completed by the Bureau of Statis-
tics in it's monthly summary OF
Finance and Commerce which presents
the details of the imports and exports IN
the fiscal year ending June so, 1898 1t
shows that the exports to all parts of the
world increased both in manufactures
and products of agriculture and that
while there was a great falling OFF in i'm
ports, the reduction was almost exclu-
sively in manufactured articles and food
products Manufactured articles ready
for consumption fell from Sl34.3 lEG in
1897 and Sl45, 274O39 in 1896 tc SS2, 5I0,6S in
1885, articles of food and live animals fell
from $2i5 1G6,1S7 in 1897 and $237, ,C45 IN
1896 to $lSl, 4S0,Cll in 1855, while Articles
of Voluntary Use, Luxury, etc." fell
| from SS3O9S,970 in 1897 and $93323, l54 in
| 1896 to $71, i52, SCI in 1895 On the other
| hand articles required by the manutac-
| turers and classified as Articles in a
| crude condition for use in Manufacturing"
| of which the 1897 imports were SPA, G25
| and those of 1896 5000 36S, III amounted in
1898 to S2O4,5i39l7, forming in 1896 over 80
| per cent of the total importations, while
| in 1897 they were but 2S per cent and in
| 1895 y per cent of the total imports, show
| ing large relative increase in the pro-
| portion which the Sc articles used in the
| domestic industries bore to the total i'm
| pOrtations. Manufactured articles for
| use in the mechanic arts formed in 1898
| about the same percentage of the imports
| that they did in 1896 and 1884,
| o
| The expectations of manufactures,
| which amounted to $2SS, ISL ,4i9 in 1898, en-
| ceedcd those of 1867 by ST. ,05s and those
| Of 1896 10y $50, 800 271 while the products of
| agriculture exported amounted to SS54.
| 627 a29 in 1898 against $6S3,4 l.1"1 in 1897 AMI
| $569,S79 297 in 1896. the chief increase in
| agricultural expectations being in bread
| stuffs.
| The expectations of the year increased
| $50. .336 ga and the importations of the
year decreased S14S. 725, ,253, the comparison
| being made in each case with the pre-
cedinG fiscal year 1897.
| To Europe the expectations increased
$3.50, ,313, ,645. while the importations from
Europe decreased $l24 100 39l. 10 North
] American countries the expectations m
| creased S14676,s2S while the importatons
| from the North American countries de-
| creased S4, 4,TJ2 $50. To South America the
| expectations increased hut s53. 326 while
| the inrportations from South American
| countries decreased SIS. .295,S $40. To Asia
| the expectations increased S5,549, ,2t3 while
| the mpOrtations from Asia also increased
| 81, 900, 40 Asia and Oceanica being the
| only grand divisions from which we in
| creased our purchases during the year.
| The following table shows the total
| exports and imports by the grand divi-
| sions in the fiscal year 1898 compared with
| the preceding year:
The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1898-08-01

that even a change Of camping grounds
is an effective preventive Of disease.
Typhoid fever is readily propagated
through water and milk. Ice cream and
effervescent connections are insidious
mediums of communication for typhoid
germs. The vessels of the suffers at
Camp Alger who vend these articles
should be subjected TO a strict inspec-
tion by the medical department. The
men themselves should exercise n lit
tie care for the preservation of their
own health. OF course it can be lit
tie that they can do in that way. But
they should cschcw the so-called light
refreshments on the dirty stands OF
dirty suffers as they would the plague
1t is safer to 60 parched with d-aught
by heat than run the risks Of typhoid
fever.
The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1898-08-01
RAIN OF STEEL, DEATH, GOLD.
New York Journal.

New York Journal.
When the Nizcaya tried to ram the
Brooklyn at Santiago it was not only
rain of steel and death that Schleys flag
ship poured into the Spaniard but rain
of gold. In five minutes the Brooklyn
fired SAL $50 worth of ammunition into .ne
Vizcay. At the end of that time the
latter was a hopeless wreck GunI.er Ap-
plegate, OF the Brooklyn, says that during
those five minutes his ship fired 141 eight
inch shells, Go six-inch shells, IL six
poundeIs and 400 one Founders. IL Is prob
able that no such heavy and fearful fire
was ever before delivered by a warshiO
The air was filed with shells the whole
time.
Assuming that Schey used his best
quality shells, the eight-inch cost S2i057
| the siX-inch S10461, the siX-pounders, So,
and the one-pounders So. Thus you get
the total of 81 $50. 1t is a large bill, but
it will be a satisfaction to pay it. One
shell raked the NiZcaya fore and att and
killed so Spaniards in its passage. Most
of the remaining 40 eight-inch shells
| struck the SDaniard somewhere.
The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1898-08-01
PORTO RICO IN A NUTSHELL.
From Leslie's Weekly.

From Leslie's Weekly.
Now that we are to take and, in all pro-
bability. to keep Porto Rico, a few facts
in a nutshell regarding it may be worth
preserving. Porto Rico has an area or
$3.50 miles, and is, therefore, about one
fourteenth as large as Cuba, or nearly
four times as large as Rhode Island, and
almost as large as Connecticut. 1t has
population of about 100000. including 3VO,-
600 negroes, and its chief city is San Juan,
with 5000 inhabitants, although Ponce
and San Germain are both larger. Its
principal exports are coffee, sugar, mo-
lasses. and tobacco. The climate is
agreeable and is readily endured by per-
sons from the temperate zone. 1t Is di-
vided into eight departments or districts,
including the island of Viequez 1t has
470 miles of telegraph, 1877 miles OF rail-
way, and 10 miles under construction.
In 1897 the United States imported from
Porto Rico commodities valued at $751;
900. and exported to Porto Rico commodi-
ties 10 the value of not quite $1,000, 900.
The total value of Porto Rico's imports
was $4,000, 900, end of its exports $4,000, =
600. The western part of the island pro-
duces an abundance of the finest coffee in
the world, and its average annual export
is nearly 10000 cwt. With the anneXa-
tion of Porto Rico we will be in posses
sion, therefore, OF one of the best coffee
and tobacco growing countries in the
world. The finest Havana cigars are
made from Porto RiCan tobacco, of which
100000 pounds are annually produced
Porto Rico is also one of the chief
sources of supply of cocoanuts and bana-
mas, producing both of these by the mil
lions, Its location makes 1t very avail
able for coaling and outfittins station
for United States vessels, and 1t is the
general impression that whatever the
terms OF peace with Spain may be, they
will include the cession of Porto Rico &c
The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1898-08-01
THE cUBANs DEFENDED.
From tho Washington Star.

From tho Washington star.
The stars interview with Mr.. Charles
NJ. Pepper on the subject of the appear
ance and conduct OF the Cubans at San
tiago is n timely publication II Will COM
mand respect, because Mr. Pepper is rec
ognzed as n man of good judgment and
conservative statements and knows wnere-
of he speaks. He was present on the
scene. and gives the results OF his per-
apnal observations. Moreover. nc mad
seen tho Cubans in camp and in action
before tho United States became party
90 the conflict and therefore was the bet
ter prepared 70 pass upon them when
they undertook work as active allies OF
this government.
Mr.. Pepper supports tho previously ex-
pressed views Of the Star, and supports
them well. In admitting the unkempt ap-
pearancc Of the Cubans he accounts for
IT, and shows that as fighters they had
rHjring which had fitted them to eN-
nc commissions of United states
'ls. lie docs not attempt TO fix their
arv status. The official reports of
General Shaftcr and subordinates, he
does not doubt will do the Cubans JUS
tice
This confidence seems to be well placed.
General Shafter in his letter to General
Garcia growing out of their misunder-
standing about the ceremonies at the
OF lnc
Cubans on their bearing In the engage
ments, and General Lawton has borne
like testimony. These expressions are no:
without some small claims to respect.
The Cubans may at least take comfort
| from them.
The efforts to write the Cubans down
have not been altogether happy. They
| have too repeatedly clashed with facts
| and fair play. The seamy and suspicious
| side has too frequently appeared Fol-
| an instance, in one report printed today
| from the front the old picture is again
| held up to view. of the sable sneak and
| glutton, Sinking fight and work, and con-
cerned only about grub and security. lr
| another report, from Guantanamo bay
| appears this statement:
"All Cuban troops at Camp McCala
| were transferred this morning to Cal
manera on the Samoset. They will camp
there. awaiting orders. They rather ex
| pect to go to Santiago.
"The parting between the United state:
marines and their Cuban allies was at
| tended with quite a ceremony. guarc
was drawn up and the Cubans shouted
| Viva Americanos.' Viva Cuba Libre,' and
| Viva McCalla.' 1t is generally concedc.
| that they have been of great service tC
| the marines"
| The case today then stands thus: Gen
| erals Shafter and Lawton and the Amer
| lean marines at Guantars mo bay conced,
merit to the Cuban allies. The names q
their detractors are not given The op
position is shielded under the shadow o
| '"rhey say"
The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1898-08-01
The Passing of the Penny Paper.

The Chicago newspapers which to-
day return from the penny to the two
cent price simply obey the dictates of
they could not make a first class paper
and sell it for penny without incur
ring loss, and in this experience they
have plenty of company.
At beyS, selling a paper for one cent
means either cheap contents or excep-
tional advertising patronage. Where
the latter is the case, the paper is gen.
orally edited in the interests of it's ad-
vertisers, since thev are the ones who
keep it alive; and where the contents
are cheap and sloppy the paper, in the
judgment of intelligent persons, is
rather nuisance than a public bene-
fit. Some papers really worth two
cents now sell for cent, but in these
wartime days of heavy cost Of pro-
duction and diminished advertising
revenue the story told by their yearly
balance sheet would be highly dra-
matte, if it could be made public.
American journalism and consequent
ly American public opinion and the
| public morals will improve with the
passing of the penny paper.A A paper
| that gets enough out of it's regular
| subscribers to pay a good share of its
expenses will naturally consult their
| interests more closely and not deal so
much in drivel, sensation and clap
| trap. 1t will be better able to afford
the luxuries of dignity, purity and in
| dependence.
The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1898-08-01
PORTO RICo'S FUTURE.
From the Indianapolis News.

fIpIll lIe lHuldldpNIlS ->SNS'
We cannot honui ably hold Cuba. un-
less, indeed, necessity should compel Is
to DO so. Possession Of the Philippines
would involve US in many complications
from which we are now free and which,
we believe, our people would be glad TO
avoid.
But we are under no pledge in regard
to Porto Rico. Tie island is near at hand
and entirely within the sphere of Ameri.
can influence. 1t will be comparatively
easy for this government to administer
it's affairs. And the island will prove a
valuable acquisition. No foreign power
can interpose any plausible objection to
our holding IT, for there is no European
question involy ed. The sezing of Porto
Rico is equivalent to saying that we will
not hold Cuba; that we are uncertain
about the Philippines, and that, therefore,
we shall absorb the nearest Spanish ter
ritory which we can take without vio-
lating our pledge.