davidaulloa/AmericanStories huggingface dataset:
The Indianapolis journal., 1899-12-28
Total Liabilities of Boston Institu-
Weeks Put mt Seventeen Millions.
VIEWS OF CONTROLLER DAWES
SPECULATION THE SOLE CAUSE OF
RECENT FINANCIAL FLURRIES.
stock Exchange ManipulatOrs Hurt
by Bursting of Inflated Values
brooklyn Rapid-Transit Case.

BOSTON, Dec N.-E. c. Hodges & Co.,
bankers and brokers, of No. So State street,
suspended business to-day. The firm is one
of the largest in the city. Its dealings have
been principally in municipal bonds The
firm is a member of the Boston and New
York stock exchanges and Chicago Board
of Trade.
Mr.. Hodges said the trouble was caused
by the refusal of the Boston banks to give
the firm credit on United States Mining
shares. I'VE have FIVE thousand shares of
that stock on hand" said Mr.. Hodges, and
when the banks refused to accept it as a
collateral, there was no course for US but
to protect our creditors"
G.. c. Dickson, Of the law firm of Dickson
& Knowles, has been named as assignee.
Those interested say statement of as
sets or liabilities can be made at present.
The firm was composed of Edward c..
Hodges, z. F. Lowrey and Frederick
Swift.
The announcement on the Boston Stock
Exchange, few minutes after the opening
to-day, of the embarrassment Of the firm
was not altogether unexpected by some of
the larger financial interests. The suspen-
sion of this well-known house. it is esti-
mated, will carry the total of liabilities of
concerns here which have failed within the
past two weeks close to S17,000,000.
The Indianapolis journal., 1899-12-28
VIEWS OF CONTROLLER DAWES.
Recent Panic Due to Bursting Of Bub.
bles Blown by Spectators.

CHICAGO, Dec 27-Controller of the
Currency Charles G. Dawes passed through
Chicago to-day en- route for Springfield,
where he will address a gathering of state
Republicans. Concerning the recent finan-
cial panic and present conditions, the con-
troller said:
..The general financial condition of the
country, so far as it can be judged from
the banking situation, is sound and stable.
The recent furry in the speculative centers
of the East was a natural sequence of the
condition last summer, when the West did
not need it's capital and deposited it in the
banks OF the East in order to procure in
terest on its credit balances. The immense
accumulation there stimulated illegitimate
speculation on stock exchanges, and bub-
bles of credit were blown which could not
but BURST at the first disturbance in an
abnormally cheap money market. This dis
turbance commenced when, in order to
move its crops and to furnish legitimate
industry with proper funds, the West COM
menced TO call for its own and to with
draw currency from the East.
'"The situation was also aggravated by
the London money market and the prospect
of gold shipments. The spectators simply
had TO liquidate and the legitimate de-
mands of industry and commerce had to be
satisfied. There is ample money in the
country TO provide for legitimate business.
The business of the country was never
more prosperous nor the credit of the gov
ernment better. While the prices of stocks
were tUmbing on the New York Stock Ex-
change two weeks ago wages of working
men were being increased in Pennsylvania.
While the prices OF speculative stocks were
lowest the price of government bonds-the
best indication of the Nations credit-re-
mained at about their highest point.
1.-The wheels of legitimate business are
moving and the recent stock panic simply
reieases the more capital to aid their mo-
ton. 1t has not operated TO retard them.
Some legitimate business concerns, with
too extended lines of credit, have suffered,
but the tight money market, in most in
stances, only precipitated a failure which
was inevitable sooner or later. / see moth
ing in the conditions existing which might
cause a recurrence of the furry of two
weeks ago and anticipate nothing of that
kind
The Indianapolis journal., 1899-12-28
B0UTELLE CRITICALLY ILL.


BOSTON. Dec. 27.-Representative c. A.
Boutelle, of Maine, Is at a sanitarium in
Brookline but his exact condition is un-
known except to his intimate relatives. To-
night it was understood here that his con-
dition was very serious. but inquiry at his
home in Bangor brought word that there
had been no reason TO believe that his con-
dition had materially changed since yester-
day.
NEW YORK, Dec. PA special to the
Press from Bangor says: 1.-The report
comes tonight from trustworthy Port
land man who talked with a physician ac-
quainted with the case that Representa-
tive Boutelle is suffering from Bright's
disease in its last stages, and that the vio-
lent attacks. bordering on delirium, which
he has experienced I'm the last few days
have been caused by uraemic poisoning
which results in commissions, resembling
symptoms Of insanity. While the utmost
secrecy has been maintained ever since
Mr.. Boutelles return to his home concern
ing his real condition, il has become
known, through various sources, that his
case is far more critical than has been ad-
mitted by the doctors members OF the
family. His departure from Bangor was
made with the utmost secrecy on Christ
mas night, when few persons were about,
and nothing was known of IL. even by the
newspapers. until late on Tuesday night"
The Indianapolis journal., 1899-12-28
Theory Of j. HI. Eckels.

CHICAGO, Dec. 27.-James il. i.ck,ls,
former controller of the currency. to-day
explained to the members Of tae CONNER
cial Teachers Federation his views on the
causes of financial panics. They were due
largely, he said, to the governments tend
ency TO let millions of dollars lie idle in
the various subtreasuries. This country.
in the full tide OF prosperity. and rich in
all that goes TO make up the wealth of a
great nation" said Mr.. Eckels, in begin
ming, suddenly felt a stringency in the
money market recently and a panic all
over the United States was imminent. This
was in a large measure caused by the fact
that thousands and millions of dollars are
daily being cast into the government SUBJ
treasures TO remain idle in the vaults in
stead of going into the channels of circula-
ton of the country. Secretary Gage real
lied the situation in a moment and divert
ed the money from the subtreasury to the
banks. Statesmen and political economists
Of the country ere duly impressed with the
The Indianapolis journal., 1899-12-28
SMELLING THE BOERs.
British at Chieveiy and Ladysmfth
Throwing Lyddite at the Enemy.

CHIEVELY CAMP. Dec. 26.-The naval
guns began shelling the Boer position at 5
o'clock this morning, using Lyddite. The
shelling continued about two hours Ever
since the engagement at Colenso the enemy
has been energetically improving it's in
trenchments The Beers can be seen gall
Looping freely from hill to hill. Ladysmith
also had a busy morning to-day, shelling
the Boer position on Cmbulwana noun
tain. The bursting shells were plainly vis-
ible at Chievely.
Although the two armies were in sight Of
each other. with the temperature 1O2 de-
gress IN the shade, the British yesterday
enjoyed the characteristic Christmas cheer.
Glenfell and Kirkwood, of the South At
rican Lignu Horse, left here on Sunday to
inspect the patrols along the eastern hills
Their horses returned at night alone. Col
Donald, of the Royal Fusiliers, has had
his collar bone broken by being thrown
from his horse while on outpost duty.
Last Friday, our scouts having reported
Beers in force on this side of the Tugela
river, three regiments of regulars, support
ed by artillery. and all the available
mounted volunteers, under the command
Of Lord Dundonald, advanced. The Beers
retired across the river. The British cap
tured five hundred cattle
The Indianapolis journal., 1899-12-28
CHURCHILL's OWN STORY.
How the War Correspondent Esca ned
from the Beers.

LONDON, Dec. N-Winston Spencer
Churchill has cabled and the Morning Post
publishes to-day an account of his escape
from captivity with the Beers after hav-
ing been made a prisoner in the recon-
nOissance Of an armored train at Estcourt
The dispatch, which is dated Lourenzo
Marques, Dec. q, says:
'In the evening L concealed myself in a
railway truck under great pile of sacks
l had small store of good water. / re-
mained hidden SO, CHANGING discovery. The
Beers searched the train at Komatipoort,
but did not search deep enough After
some sixty hours of misery L came safely
here. Il am very weak, but am free. 1
have lost many pounds in weight, but am
light in heart. 1 shall avail myself of
every opportunity henceforth to urge earn
estly the unflinching and uncompromising
prosecution of the war.
"On the afternoon of Dec. IL the Trans
walls secretary of war informed me that
there was little chance of my release.
therefore resolved to escape, and the same
night left the state school prison in Pre-
toria by climbing the wall when the SEN
tries backs were turned momentarily.
walked through the streets of the town
without disguise. meeting many burghers,
but was not challenged in the crowd / got
through the pickets of the guards and
struck the Delagoa Bay Railroad
walked along it. evading the watchers at
the bridges and culverts. and waited for
train beyond the first station. The 1:l0
goods train from Pretoria had arrived be-
fore reached the place and was moving at
full speed. ] boarded it with great diff
Guilty and hid under coal sacks I jumped
from the train before dawn and was shell
tered during the day in a small wood in
company with a huge vulture, who dis
played a lively interest in me.
IT walked on at dusk. There were no
more trains that night The danger of
meeting the guards of the line continued,
but I was obliged to follow ii, as I had
no compass or map. 1 had to make wide
detours to avoid bridges, stations anu huts,
and SO my progress was very slow. Choco-
late is not a satisfactory food Progress
was very slow, but 1 persevered with
Gods help. For five days my food sup
ply was very precarious. I was lying up
by daylight and walking by night. Mean
while my escape had been discovered and
NV description telegraphed everywhere.
All trains were searched and every one
was on the watch for me- Four times the
wrong people were arrested. The sixth
day I managed to board train beyond
Niddleburg. from whence there was direct
service to Delagoa."
The Indianapolis journal., 1899-12-28
Their Losses Reported as Heavy,
While Only Four American Sol
diers Were Wounded.
MAJ. LoGAN'S GALLANT FIGHT
DETAILS OF THE BATTLE OF SAN
JACINTO, IN WHICH HE FELL.
One Of the Sharpest and Most Trying
Casualty List Furnished by Otis.

MANILA, Dec. q. 1918 p. m.-Colonel
Lockett, with $500 men, including artillery,
attacked this morning a strong force of
insurgents intrenched In the mountains
near Montalban, about five miles north
east of San Mateo. The enemy were COM
pletely routed, the Americans pursuing
them through the hills, amid which they
fled in every direction. Four Americans
were wounded. The Filipino loss was large,
resulting from a heavy infantry and ar
tillery fire for three hours into the
trenches 1t is supposed the insurgents
were those who were driven out Of San
Mateo on the day General Lawton was
killed. They numbered probably thou
sand
A dozen lines of insurgent trenches COW
cred the steep trail through the hills, and
likewise the valley below, along which the
Americans passed. The main attacking
party consisted Of the Forty-sixth Volun-
teer Infantry, a troop of cavalry and ar
tillery, Colonel Lockett commanding in
person. The rest of the command operated
from remote points in an endeavor to car
ry out Colonel Locketts plan of throwing
his lines around the enemy and thus cut
ting off retreat. The nature of the noun
famous country made it impracticable to
execute this movement successfully. After
the insurgents began to run there was a
vain attempt to use artillery
. 1t now appears that one American was
killed in the attack upon the Subig garri-
son yesterday by General Santa. Ana.
The insurgent organ Independence,
which was suppressed by the Americans,
resumed publication on Nov. Il In Bontoc
province.
The Indianapolis journal., 1899-12-28

maritaourg. dated Dec. q, says: "a strong
suspicion exists here that the ostensibly
innocent bills OF lading furnished by Ger
man steamers arriving In Delagoa bay
really concealed contraband and the local
newspapers are urging a more rigid exam
ination of cargoes'
A special correspondent of the Daily
Chronicle. telegraphing from Sterkstroom.
Cape colony, Thursday. Dec. p, says:
strong measures are necessary to check
the hostile feeling among the Dutch COL
onists, whose sedition is shown In the re-
moval or railway bolts the obstruction of
bridges and culverts and attacks upon
solitary horsemen. Disafrection is bound TO
increase unless immediate reinforcements
are forthcoming. The loyal Dutch and
BRUSH settlers are becoming alarmingly
impatient"
WAR OFFICE ADvICEs.
The War Office here yesterday received
the following dispatch from Cape Town,
dated Dec IS:
There is no change in the situation.
Methuen reports that the enemy's force
has increased and is engaged in intrench-
Ing three and half miles from his outly-
ing pickets. Methuen reconnoitered with
two squadrons of mounted infantry for two
miles along the line and drew the fire of
four guns and two Vickers machine guns.
-Four horses were hit
The Queens Christmas message was re-
ceived with enthusiasm.
"Gatacre is endeavoring to reopen COM
munication with the Indwe collieries."
The Rhodesian Mafeking relief force, ac-
cording to a dispatch from Mochudi,
Bechuanaland, dated Dec. 6, was progress
ing slowly. owing to the necessity of re-
pairing the bridges, averaging one per
mile. An intercepted mail bag, il is added,
shows that twenty Beers were killed and
many wounded during the British attack
on the Sequani Iaager.
Inquiries show that the American am
bassador, Joseph H. Choate, has not yet
received instructions from Washington re-
garding the seizure of cargoes of American
flour by British warships in Delagoa bay.
The privy council held a meeting at
Windsor Castle to-day at which Queen
Victoria proclaimed a warning to all Brit
ish subjects not to assist the inhabitants
Of the Transvaal or Orange Free State or
to sell or transport merchandise thereto
under penalty of the law. The proclama-
ton was gazetted tonight
The imperial government, according to a
dispatch from Calcutta to the Times, has
accepted an offer of two batteries made by
the Indian government.
The Indianapolis journal., 1899-12-28

The crack marksmen IL contained soon To-
Gated the natives and began knocking
them out OF the trees like squirrels. The
men rushed at the trench. through the soft
mud. waist deep, and passed over IL. leav-
ing dead four Filipinos within. At the same
time the regiment depioyed as skirmish-
ers. Major Logan's battalion in the center.
Major Cronin's on the right and Major
Marsh's on the left. Colonel Hare and
Lieutenant Colonel Brereton directed the
general movement.
The skirmish line, which was nearly two
miles long, rushed forward rapidly through
water-soaked rice fields, bitches, creeks
and thickets. firing all the time and doing
deadly execution. The Filipinos made the
best stand for a long time. several cases
being reported OF the rebels remaining in
position behind cover until. the Americans
were within twenty feet of them Major
Marsh's battalion surprised trench full OF
insurgents by coming upon their fianks.
They poured a terrible fire along the
trench, slaughtering nearly all in IL. Just
before entering the town the Gatling did
good execution by killing five OF a party
that was guarding a broken bridge and
afterwards swept the country beyond the
town, driving l50 rebels into the hills
Major Marsh's battalion entered the
town first and captured a large battle
flag that was floating over a convent Not
native was left in the town when the
troops arrived, except a blind boy and one
woman. Most Of the survivors Of the in
surgent force are supposed to have escaped
toward Magaldon or Dagupan. Ii was i'm
possible to pursue them farther, as the
troops were exhausted, the ammunition
was low and the men only had two days
rations with them. with no possibility of
getting further supplies from San Fabs n,
owing TO the condition OF the road. The
column camped for the night at San ia
cinto. Five more rebels were killed during
the night by the outposts. Among the bod
les was found was that of lieutenant
colonel, supposed to be in command of the
rebels at that point.
The Indianapolis journal., 1899-12-28
CASUALTY LIST FROM OTIS.
Two Soldiers Killed and n Number
Wounded i'm Recent Fights.


WASHINGTON, Dec. 27.-General Otis
at Manila, sent to the War Department to-
day the following list of casualties. not
previously reported:
Killed in Action
In engagement near Bana, Dec IL: Third
Cavalry, Company A, Harry Sweger.
Charles w. Frazee.
Al Romblon, Panay. Dec 10: Eighteenth
Infantry, Company c, Charles Weley
Wounded
William ]. Sheesy. hospital corps. alb
domen and head. slight; wounded ana ia
ken prisoner during attack on train near
Angeles Sept. %; escaped during engage
ment near Mangataren Nov. 2S.
Action near Alamodian, Panay, p. L..
Nov. ~: Sixth Infantry, Company f.
Thomas Russell foot, slight; Company II,
John Nadeau, thigh. severe; Nineteenth In
fantry, Company A, William Hicks arm,
severe.
Action at La Grant,. Samar. Dec. s:
Sixth Infantry, Company NJ, Payton NJ.
Womack, buttock, slight; Reed NJ. Keeny,
shoulder, slight.
Attack on Ginigaren, Samar, Dec. S:
Sixth Infantry, Company ID, Raymond B.
Burbee, thigh. slight; William Huggard.
both wrists, slight.
Advance on Sibul, Dec 10: Fourth Cav
airy, Lorenzo De Clairmont, corporal chest.
moderate; Company II, Winthrop Richard
son, corporal, thigh, severe.
Action at Ivo. Dec. o. Twenty-fifth In
fantry, Company Z, Gish Wade. leg slight
Action near Tarlac, Dec. 10: Twenty-fifth
Infantry, Company III, Burt Mccoy COR
poral. thigh, severe.
The Indianapolis journal., 1899-12-28

At 3:15 this morning an alarm OF fire
called part Of the department to the Nal
leable iron works in Haughville-
1t was reported in this city that a serious
fire was raging. but Drs. Kane and Will
liams. both of whom live within square
of the Malleable works. reported to the
Journal that they could see no blaze.
1t was discovered later that the west end
of the works. where scrap iron is kept. was
ablaze. but 1t was not thought the loss
would be heavy.
The Indianapolis journal., 1899-12-28
AN OHIO FAGIN.


LIMA, O., Dec FLAMES Poorman, ar
rested here to-day, has been conducting
school OF crime, according to the stories OF
Aggie Scanlan, aged eight. and others. TO
the police The Scanlan girl said that Poor
man instructed her and several others 10
mingle with crowds in retail stores. to pick
up articles from the counters. How well he
schooled them Is evideEced that none was
detected, but when the police searched
Poorman's room they found two trunks
full Of plunder-jewelry and small articles
OF value.
The Indianapolis journal., 1899-12-28
Civil Marriages to BE Lea,I

WASHINGTON, Dec. q. - General Otis
has issued decree authorizing the cele-
bration of civil marriages in the Philip
pines. He cabied Secretary Root to that
effect to-day and the secretary promptly
approved the action. Heretofore all mar
riages were celebrated by the Catholic
Church, so that Protestants and non-Chris-
tians were prohibited from marrying The
decree does not interfere with the Catholics
who may be married according 10 their own
rites, but extends the privilege of civil
marriage to those who desire il, just as
is practiceG in the United States.
The Indianapolis journal., 1899-12-28

WASHINGTON, Dec. 27.-Generaf Otis
has notified the War Department Hof the
arrival at Manila of the transports Duke
of Fife and st. Paul, carrying the Thirty
eighth Volunteer Infantry, Col George s.
Anderson. which left San Francisco Nov.
Il, and the transports Ohio and Indiana,
carrying the Fortieth Volunteer Infantry,
Col E. L. c. Richmond commanding
which left San Francisco Nov. "a The
Thirty-eighth Infantry was organized at
Jefferson Barracks and the Fortieth In
fantry at Fort Riley. Kan. General Otis
reports that there were no casualties in
either regiment on the voyage
The Indianapolis journal., 1899-12-28
Department store Assigns.

SCRANTON, Pa, Dec. 27.-Lebeck & CO.
rim, proprietors of the Leader department
store, made an assignment to-day for the
benefit of their creditors. The main store
and branch in Carbondae have been
closed Liabilities. $15O,ooO. 1t is asserted
that the value of stock on hand will cover
all claims against the firm.
The Indianapolis journal., 1899-12-28

believe 1t will not be long before this SUBJ
treasury system will be inquired into by
Congress. AS a result 1t may be abolished
entirely or put on safer basis"
The Indianapolis journal., 1899-12-28

LONDON. Dec. S.-The Morning Post
has received the following from Mr..
Churchill. under date OF Dec. %. tele-
xrsphed from chievely camp. where he
CONTINUED ON sDcoND PAGE.)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1899-05-02
N OW AT THE Hell M
Mr.. johnson of Kansas to Act for Senator
Jones.
He Will Head the Democratic Ma.
tfOnaI Committee During Its
Chairman's Absence.

Before sailing for Europe Chairman Jones
today addressed the following letter to Mr..
j. S. Johnson, national committeeman from
Kansas, designating him to act for the
democratic national committee during the
absence of the chairman and the secretary
Of the committee:
Hon. ]. G. johnson, Peabody, Kan:
My Dear Sir: Being compelled by the
condition of my health to go abroad for
some months, and Mr. Walsh, secretary Of
the committee, being absent ia Alaska, /
take the liberty of requesting that you shall
act as secretary of the national committee
until Mr.. Walsh's return, which. 1 under
stand, will be some time next year, and to
give such attention to the affairs of the
national committee, the organization of the
party, etc, as in your Judgment and dis
cretion may be required.
Very respectfully.
(Slgned) JAMES K. JONES,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1899-05-02
TO REINFORCE OTIS.
Next Regiments to Be Sent to the
Philippines.

Gen. Shafter commanding the department
of California at San Francisco, informed
the War Department this morning that the
transport Sherman, which has just arrived
there from Manila, will be ready for the re-
turn voyage by the 22d instant. Arrange
ments are being made at the War Depart
n,ent 10 expedite the transportation of re-
Inducements to Gen. Otis as much as pos
sible. but owing TO unforeseen obstacles it
has been found necessary to postpone the
departure of the transports. For instance,
the 9th Infantry, which was to have start
ed from San Francisco on the Jth instant,
will not be able to get away until the Sher-
man IL ready to sail. That regiment, as
well as the 10th Infantry, is in the vicinity
of San Francisco. and will start across the
Pacific as soon as transports are available.
Gen Corbin said today that no change
had been made in the plans of the depart
ment regarding the sending of reinforce
ments to the Philippines to take the places
of the volunteer troops who are to be
brought home, and that so far as he knew
the orders for the movement of the 10Th
Infantry fl ON Porto Rico to Manila after
a short stop at Camp Meade, Pennsylvania,
Will be carried out.