The Richmond palladium. (Richmond, Ind.) 1906-1907, 1906-10-23
Are Determined Not to Help
Wall Street Spectators
in Wild Schemes
WILL RELIEVE LONDON
CLAIM is MIDE THAT THE UNIT
ED STATES HAS SUFFICIENT
FUNDS FOR LEGITIMATE NEED
OF TRADE.

Paris, Oct. 22.-The leading French
f1nanciers are keenly watching the
monetary situation abroad. The posi-
ton of Paris is fairly good and the
prevailing impression is that the Bank
of France will not hurt French inter
ests by raising its discount rate. At
the same time, while it is considered
possible that the Bank of France
might make a moderate loan of gold
TO the Bank of England TO relieve the
conditions there, it would, it is as
serted, resist withdrawals of gold for
America. A prominent international
banker expressed the opinion that the
United States would not get much
more gold here, as the bank would
block any attempts in that direction,
not by raising the discount rate. but
by exercising its option to pay in sill
yer. The banker said that he ex-
pressed the view of French bankers
in saying the United States had SUI
ficient funds for the legitimate require
ments of trade and that there was no
reason why Europe should help to
finance the speculative movement in
New York exchange.
At the Bank of France reticence was
manifested in regard to the exte~t to
which that institution would be will
Ing to help out the Bank of England,
but it is considered entirely unlikely
that the assistance, if accorded, will
reach s30,O00,O00 to $40,000,000, the
amounts referred to in current reports.
Situation in London.
London, Oct 22.-All the gold avail
able in the open market, $1,250.000,
was secured by the Bank of England.
There was no competition on the part
of the United States and the price was
reduced an eighth of a penny, indicat-
ing the belief on the part of the bank
that it will be able to build up it's re-
serve by securing the larger amount
Of the metal available next week.
Tightening the Coils.
San Francisco, Oct. 22-The chain
of evidence the police are fast welding
around the three Meyers brothers, ar
rested on suspicion of being connected
with the murder and robbery at the
Japanese bank in this city, has been
frightened. The detectives have found
the man to whom the brothers sold
their horse and buggy for $50 few
days after the crime. This is the
horse and rig, it is said, that was left
standing in front Of the Japanese bank
during the commission of the crime,
in which the murderers escaped. The
name of the purchaser, together with
other important details, is being with
held, but the fact of the sale of the
rig and its identification have been
established beyond a doubt.
Feudists in Action.
Whitesburg, KY, Oct. 21.-On Dry
Fork. four miles from town, Henry
Brown was fired on by parties hidden
In the underbrush and shot through
the shoulder. He returned the fire and
Elihu Brown was wounded. Members
of both sides came here and secured
supplies of ammunition and firearms,
declaring war to the death upon each
other County Judge Craft issued
warrants for the arrest of Lenvall
Cleveland and Elihu Brown, and Sher-
if Crawford went with posse of men
intending to arrest the feudists. The
Browns are large and influential
family, the feud being between Elihu
and Henry Brown, cousins, over some
LAND claimed by each of them.