Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-11-04
PRECAUTIONARY MEASURE.
gettysburg, S. o., win be Base Of
supplies for Operations if
Trouble Breaks Out.
rtcs Are Guests of Sioux and Feared
some OF Young Braves of Latter
Might Oncr Aid.

omaha. NOV Orders were re-
ecived az army headquarters in Oma-
IN last Saturday TO dispatch the re-
maumg two squadrons Of the Second
United states cavalry. composed OF
trht companies, to Thunder Butte,
d.. at the earliest possible moment.
The command left Fort Dos Moines
hst night Company NJ, Sixteenth
myaly. under command Of Capt Har-
~ T. Dauton win leave Fort Crook
Tuesday or Wednesday for Gettys-
burg S. D.. TO take charge of the
base OF supplies which has been es-
tablished there for the operations
against the Ute Indians should they
make any troublesome outbreak.
Col Frank West OF the Second
cavalry. win be placed In command Of
the expedition on arrival at Thunder
Butte. Mai. Slbley and the first
squadron OF four companies " the
Second cavalry are now at Thunder
Butte.
col West is an old-ume Indian
fighter aud Is said 90 be thoroughly
competent TO handle the situation In
whatever phase 1t may develop. II is
possible that the base of operations
may be transferred from Gettysburg
which is the end of the railway lines.
10 Cheyenne River agency rs miles
west OF Gettysburg on the west side
Of the Missouri river,
Company *. sixteenth Infantry, left
Fort Crook Sunday afternoon 10 gar
rson Des Moincs during the absence
of the Second cavalry In the field
il is not known az army hearquart-
els here why additional troops have
been sent 20 Cheyenne River reserva-
ton, but IL Is thought the idea Is to
prevent any portion of the Sioux tribe
from making common cause with the
Ites in -hcir revolt a gaiust authority.
The Utes. &c is pointed out are In a
souse the guests OF the Sioux aud the
Hcian idea OF hospitality might in
duCc some OF the younger braves to
offer aid In resisting any forcible meas
lres adopted for the sunlugation of
dlsaffected Utes.
The general financial situation was
still tense today, but the banks aud
trust companies felt confident that com
ditions were well under control The
raising OF the Bank OF England dis
count rate to per cent was not uneN-
peCted by those familiar with condi-
tons In Europe. The fact that $4,000
600 IN gold was purchased in the open
market In London, FASTENED the action
OF the banks. This brings the total
gold engagements up above $30,0O0,00O
OF which about S,200.000 viii arrive
on Wednes lay and Sl0.000.00O on FRI
day. This VIII 90 at once into bank
reserve. where the engagements have
been made by banks. " nile there is
considerable pressure for capital in Eu-
rope, IL is felt that this is an advan-
tage in the state of the trade balance.
Crops are short in Europe, and II is
essential to obtain American wheat and
cotton at any reasonable price. These
prices are much higher than in 1898
when cotton was AT S cents against
about II cents at the present time, and
wheat was 70 cents against the present
price OF t1.07. while American steel
rails are selling al the record price ~
$50 per ton. These forces, with
the fact that the first half
exports OF &lSs,00o 900 as compared with
a balance the other way in 1903 Of $3.50
600 900 created a situation where IL win
De difficult for the European banks 10
hold their gold even By high discount
rates. Reports from Buffalo ana other
points indicate that the blockade I'm the
movement Of crops Is being broken and
that many hundreds of carloads soon
viii be on ship board IN New York.
against which bills can be drawn on
European money markets
II was announced today that arrange
ments have been made by what may be
possible for the Twelfth Ward bank
which closed It's doors several days ago
a. reopen next Monday Many deposi-
tors went TO the bank today at the re-
quest Of the officials, who asked them
10 sign an agreement 90 the eject that
on an big deposits M the bank that
IS or 100 per cent OF tho amount would
b. left ON deposit for a period OF four
I'm statement given out this after
noon Frank relford. president OF the
Lincoln Trust company said
This has been The greatest fchf "a
The history of The financial world. The
director Hare docilc4 % couUmuo tno
nahf Hst. nfr r... f..,r. .f....
A. 1i:2o Isaac y. soligman speaking
1l a.. al iue Lincoln Trust CONE
nany, Hald.
The directors of the Lincoln Trust
oomraNr owe now DOB conference consId-
ering several plans Of action Tho
lal. lI. INf uUri Do funds t0 meet
in demands Th0 directors arc consId-
erins what D. beet to do under present
f runstances.