The Bon Homme County independent. [volume] (Tabor, S.D.) 1904-1913, 1906-04-26

ton appropriating N.5op.Vo. This
makes I.t0o.@ givea by nc ma
tional government
San Francisco. April :5.-rhe new
San Francisco which viii rise from tho
ashc- sf the old was In It's first stages
OF rebuilding yesterday. Altar ave
days OF confusion and almost super
human effort on the part OF the citi-
zens Of CALIFORNIA; metropolis In the
great task OF sheltering feeding and
otherwise cariRg for the homeless thou
sands, complete order has been re-es-
tablished and attention turned TO the
future.
Throughout the great business dis
trict where the devastation OF the
flames was the most complete. walls
were being RACED. buildings that had
not disintegrated before the intense
heat were being inspected with the
view OF re-occupancy and even ground
was being cleared for the immediate
construction OF some sort OF building
In watch TO resume business at the
earliest possible time. In short conf
dence had been restored.
The assurance OF the insurance COM
pnnies. the measures taken by the fed
eral Institutions. the prompt and reas-
suring word that had reached the bust
ness men OF San Francisco from east
ern financial centers-all these things
went TO clear away any feeling OF I'M
certainty that might have existed I'm
the minds OF the timid that San Fran
cisco would not be again what IL once
was-the greatest center OF population
and business OF the Pacific coast.
Chicago. April 25.-"There is no rea-
sonable limit on the amount OF money
which the national government Is ready
To transfer TO San Francisco To DO
ll,.N.l 4. O..
The foregoing statement was made
today by Secretary Of the Treasury
Shaw. who ~ In Chicago on private
business. Shaw continued:
The sl0.O00.0Vo which at first
thought would be sufficient was mere
~ II drop In the bucket. II develops
now the extent OF the calamity Is be-
coming known and the San Francisco
Subtrcnsury will be re-cstablished tenn
porarily In the mint and transfers OF
money will be made through IL. There
will be no expense for exchange. the
money borrowed in the east being paid
from the san Francisco subtrcasury.
The destroyed government buildings
] expect to be rebuilt as quickly IA pos
sible.' 7
Capital Will Respond. \
New York. April $50 far AS money
lin the financial institutions u con-
Ccrued. New York bankers are saying
San Francisco II AS well OF as before
the fire. As was the case I'm Baltimore
the money will be available rs soon as
the vaults are cool. But the conditions
IN San Francisco are better I'm one re-
spect. There is u mint and a subtreaR-
ury there and between them they have
S2Ij, OOO 900.
Action taken by the federal author
tiles permits withdrawal OF money from
the government funds on the coast OF
deposit of funds with the subtreasury
here. In this way gold can be trans
ferred by telegraph with the cost or
the message the only expense To the
sender. Relief funds and money for
commercial use can In this way b.
made Immediately available.
There was transferred In this way to-
day Sl.1O0O 900 and s. 900. 600 more went
forward In currency. At the same time
that they were sending money west.
New York bankers took action TO re-
plentsh their reserves by engaging for
import Ss,250.Oo0 gold from London.
Immense sums are To be paid by Are
INSURANCE" companies and fortunes will
be needed for reconstruction Of the city
but New York bankers expressed the
opinion today that the money for both
purposes would be supplied without
Tightening the money market To any
uncomfortable extent.
DR.. q. Mills IT, r. Huntington Mrs
Herman OclrIchs Mrs W. X. Vanderbilt,
jr.. and George Crocker. large holders OF
real estate In San Francisco. have abund-
ant funds To- rebuild the properties des-
troycd by IRE. and all expressed today this
intention OF doing so at once.
Engineers In the employ OF two OF the
largest engineering and contracting con-
Germs In the city were sent TO the coast
today TO make reports OF projects for re-
building.
Before San Franchises ruins have cooled
many orders will have been placed for
structural steel FOR rebuilding. owners OF
some OF San Francisro's destroyed ofiics
buildings who are In this city are already,
sounding the market, and an order for
5000 tons will be placed next Monday from
plans accepted for n Eixtecn-story office
building projected by . san Francisco
banker six months ago.
Among local capitalists Interested I'm san
Francisco real estate there a. n belief that
In the congrslcd state OF the structural
steel trades IL viii be- impossible To obtain
material for reasonably quick deliveries Ia
San Francisco. and for that reason Il may
be necessary TO place orders IN Gcrman-,
and Belgium.
Theodore Stnrrett. OF the Thompson
StArr.ti company. arrived today from Chi
cago. ana said that office buildings witt,
steel frames could be- erected In San Fran
cisco which would withstand an earth
quak" shock n severe a. the one which
has laid the city in ruins.