The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1900-11-16
ARMOR AWARDS.
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commissioned at Norfolk yesterday. She
is under orders to reinforce the American
fleet on the Asiatic station. and will sail
early date by way of Suez. The tor
pedo boat Porter has been unlocked at New
York.
Capt. John A. Lockwood, Fourth Cavalry,
has been retired. having been found in.
capacitated by an army retiring board.
Capt Robert Calverly, Thirty-fourth Vol
unteer Infantry. has been discharged on
account of physical disability.
xxx
The naval board of construction to-day
considered the proposed change of the
Panther TO training ship, and although
decision was made the board probably
will recommend the change.
Xxx
President Mckinley to-day reviewed the
annual parade Of the police and fire depart
ments of the District of Columbia. About
eight hundred men in all were in line The
parade included fifteen fire companies, five
trucks and fuel and police patrol wagons.
Several fire companies gave speed exhibit
ton as they passed the White House re-
viewing stand. The parade was headed by
Major Sylvester, superintendent of police
and the Marine Band, and the fire ladies
were led by acting Chief Belt and the Fifth
Cavalry Mounted Band
A cablegram has been sent to General
Davis, who is experimenting the removal
of the troops from Porto Rico, saying that
the Mcclellan, Crook and Rawlins have
been designated TO transport the troops
from San Juan to New York. The McClel-
Ian is expected to reach San Juan Nov 49,
and the Crook and Rawiins on the 9th.
Later the Crook will return for three hum
dred mules.
The Navy Department has been advised
that the big naval dry dock at Port ROYAL
has suffered further damage by the bulg-
ing and swelling of the timber sides. which
Will take about 5000 to repair Aside from
the immediate loss naval officials saw the
bullying involves some possibility of a col
lapse OF the structure under adverse cir
cumstances, although ii is expected that
repairs will make it serviceable for all ordi-
nary needs.
Secretary Gage tonight delivered an
academic lecture before the Columbian
University Law School on the topic: Some
Further Thoughts on Banking and CIR
rency.' Toward the close he asked. .sIs
not the discussion to which We have lis
tened purely academic discus sion? Is
any change in our currency system at All
probable, or even possible. no matter how
much TO be desired? No immediate change
Is at all probable. but looking forward
some change in our system seems ineyita-
bic. In the first place, in the absence of
extraordinary expenditures for war the
present outstanding public debt ought to
he largely reduced wholly paid AS
this eventuatcs The now required form of
security for bank-note issues will be lack
ing and modification In our present law
will be necessary. Again. II | NAV ex-
press direct opinion. IL will come to be
perceived. as time passes. that the gov
ernment Is not and cannot be well pre-
1..af
ing debt payable on demand. The ohliga-
ton to maintain parity between our near
ly six hundred millions OF silver money
and gold adds to- the complication and the
lawmakers representing the people will DE
glad to diminish the present great re-
sponsibility.'