Cold for Reserve Urys Relief Funds Move
A public notice states only 2 000 000 is going today while 87 750 000 was deposited. The item names relief funds and reserve actions with figures indicating monetary transfers and deposits.
23 Jul 1896
Page 1
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Newspaper
Cincinnati Commercial Tribune
Location
Cincinnati, Ohio, United States of America
Date
Jul 23, 1896
Page
1
A public notice states only 2 000 000 is going today while 87 750 000 was deposited. The item names relief funds and reserve actions with figures indicating monetary transfers and deposits.
J Pierpont Morgan convened major foreign banks in New York to plan measures to shield the Treasury gold reserve within sixty days. The meeting produced a committee led by Morgan to craft a plan, with expectations of sales of sixty day bills and a spillover into the stock market.
The discussion notes that a pre crop-moving interval could supply exchange to turn the gold current, with plans to bridge the period as indicated. This led to today’s gathering.
Secretary Lamont returned to Washington from New York and met with Secretary Carlisle. The Administration has no current plan or intention to issue another bond to replenish the gold reserve and does not expect to do so.
Boston reports President T B Beal of the Second National Bank arranging 2,000,000 in gold to be sent to the Treasury. The transfer would equal about one third of Boston banks gold. Philadelphia banks pledge 500,000 toward a 1,000,000 goal for the Treasury with plans to cover express charges.
The Ohio Archaeological Society on Mr. Haines farm eight miles down the Scioto opened a 14 by 18 foot mound containing cremated skeletons on raised burnished earth platforms. Beads knives copper pottery bear tusks and arrow shafts were found with mica and ocean shells indicating distant trade. Prof Putnam had explored a third of the mound ten years ago and Mr Moorehead today removed cloth pieces and bone carvings. Fifty feet remain to be dug.
Greenfield July 22 a buggy driven by Hugh Milligan a prominent Ross County farmer and his wife was struck by a freight train while crossing the Ohio Southern Railroad at Thriftton Crossing. Milligan died about two hours later and was believed to be seventy two years old.
Sharon Pennsylvania July 22 The Union Epworth League has met two days with over a hundred delegates. The society plans to move to end Sunday excursions on railroads and will appoint a committee to confer with societies across Western Pennsylvania and Eastern Ohio.
Princess Maud, third daughter of the Prince and Princess of Wales, married Prince Charles of Denmark in a private Buckingham Palace chapel ceremony. Crowds cheered along routes to Marlborough House and St Pancras Station as decorations ranged from red and white Danish colors to lamppost garlands.
The Queen the Prince and Princess of Wales led a royal party at a wedding service in London. After the ceremony the couple kissed the bridal pair. Thousands met them at Wolverton station as they traveled to Appleton for their honeymoon amid enthusiastic reception.
London July 22 The House of Commons defeated Clause 24 of the Irish land bill with a 99 to 86 vote on an amendment to continue the existing stock in purchase trans actions. The ruling ministry then withdrew the clause as ministerial absences at the royal wedding were blamed for the unexpected defeat.
Three Revolutionary Committee members arrive in Athens from Crete and say their group will fight if their autonomy demands to the Sultan are not met. They warn the Powers must grant autonomy or they will break the armistice within fifteen days from July 15.
Vancouver dispatch reports that Moham medan rebels crushed Imperial forces at Lanchou with many troops killed or missing. Insurgent advances threaten authorities as authorities plan a large punitive army, amid calls for bloodshed and widespread pillage.
Willie Humphreys, 12, son of prominent Peebles merchant Steward Humphreys, was struck by a base ball while walking in the street this month. He remains unconscious and doctors fear his injuries will prove fatal.
Clifford S. Dryden, a M and C Railroad passenger and ticket agent, arrived in Middletown in custody, charged with embezzling about $2000. He pleaded not guilty, posted $3000 bond, and his wife died an hour before his arrest, reportedly after learning of his trouble. Local officials indicated no prosecution was seriously pursued.
Alexander Anderson died at 9 o clock after being shot by Marshal Ovid Funk. He denied theft of a horse and left a will bequeathing the horse to his brother and fifty acres to his father in Indiana. Funk was acquitted as the shooting was ruled self defense.
Blanc hester Ohio July 22 Henry Saunders oldest man in Clinton County died at his home at age ninety seven. Born in Mecklenburg Germany he came to the United States years ago and lived in Clinton County his death ends a long homestead in the community.
Ellerton Ga July 22. Dave Berry killed his wife and three children three miles from Royston and then took his own life. Authorities describe him as crazed with drink and in a frenzy before the tragedy.
William Wiley shot Kate Wiley five times in their home at 816 West Fifth Street after a quarrel following their separation three months earlier. William was wounded in the right temple. Kate died en route to hospital. They shared three children and had recently tried to reconcile.
The Silver Party committee approves a platform endorsing bimetallic standards with gold and silver coinage at 16 to 1, state control of currency, and rejection of gold standard bonds. It emphasizes returning to constitutional money and urges national unity to free the country from money power influence.
Geneva July 22 Prof William R Brooks director of the Smith Observatory reports watching a dark round object pass horizontally across the moon last night He believes the object was a dark meteor too far from Earth's atmosphere to ignite The observation is described as entirely new in astronomy.
President G L Greene of the Connecticut Life Insurance Company alerts policy holders that on a silver basis their contracts would pay families only about fifty cents per dollar, with most claims worth only 26 to 35 cents. Sanctioned in Boston on July 22.
Ex-President Harrison and Mrs. Harrison with Secretary EF Tibbetts traveled through Cleveland en route to the Adirondacks. Maj. Charles F. W. Dick of the Western National Republican Executive Committee met them, representing Chairman Hanna, for a half hour discussion on political matters.
Two hundred thousand acres of the Kentucky Union Land Company holdings will go on public sale by decree of U.S. Courts. Eighty tracts across the state will draw buyers from across the nation. Ohio and Pennsylvania capitalists are present to invest in mountain timber lands with a new lumber mill planned if purchases succeed.
In Logansport Indiana Reverend George E Scott and his fifteen year old girlfriend Daisy D Dorian are sent back from Waterloo Iowa after an arrest party sought to enforce a requisition. The preacher planned to fight but chose to return with his young betrothed to avoid separation and possible habeas corpus issues. He aims to divorce his wife in Waterloo and marry Daisy.
Presley Stewart, a farmer near Shakertown three miles south of Middletown Ohio, exposes a mica deposit after heavy rains. Mineralogist James Russell estimates the specimen as the most valuable mica at 12 dollars per pound, triggering local excitement over the discovery.
Lawrenceburg Kentucky July 22 The will of C C Lillard of Bond Lillard distillers Probate valued estate near 250000 Executors named R H Lillard and Rev J S Lyons Widow receives real estate bank stock and cash totaling about 40000 Remaining assets to be split among six children R H Lillard W F State Mrs A H Witherspoon Mrs D L Merriwether Mrs J B Lyons and Mrs George McLeod
J. W. Nelson of Lexington sued T. C. Robinson of Winchester in circuit court for 20000 dollars alleging Robertson's letter defamed his hair restorative business by calling the product fraudulent. The action stems from Nelson having sold some of the remedy to Kinson's sister.
Comptroller Eckels appoints John Hulett of Hillsboro First National Bank as receiver after an examiner’s report. Creditors will be paid in full, dollar for dollar, and the bank closed voluntarily by officers amid shareholder disputes. further details await the receiver’s report.
WILLSBORO July 22 John Hulett receiver of the First National Bank is appointed cashier upon its closing. He is a trusted business man and his appointment reassures depositors. The move is expected to save about 30000 by his knowledge of the bank’s real estate and condition. He starts work at once and a large dividend may be paid by January 1, with full depositor repayment likely.
A pistol fight erupted in mid stream opposite Lawrenceburg Indiana when Lucian Bump his son and another man chased a shanty boat gang that had stolen oars and gear. The gang surrendered after the gunfire and fled downstream as lawmen on the Indiana side lacked authority to arrest them.
A lame man who identified himself as barber James Robinson was arrested in Fostoria Ohio on July 22. Police found notes, certificates of deposit and money totaling 6679 9 including certificates issued by the Commercial Bank of Tiffin, liable to Melchior Stark a bachelor farmer near Tiffin.
Marion Ohio July 22 T P Wallace and Miss Jane E Busby celebrated their golden wedding in this city where they have lived since. The couple who married fifty years ago were joined by their children grandchildren and friends. Wallace came fifty six years ago founded the Buckeye Eagle and entered banking as a charter member of several civic societies.
Fred Henry of Columbus Ohio, a fireman on Passenger Train No 6 on the Indianapolis Division, was seriously hurt when struck by a mail crane while looking from the cab. The accident occurred near Richmond Indiana and the train backed to a nearby location where he was removed for medical care.
The St Louis Populist convention adjourned after appointing a Committee on Credentials amid sparse attendance and a chaotic scene. Speakers includes Mary Yelling Lease and Gen. Weaver while Butler claimed unanimous chairmanship. Ohio and Alabama figures spoke as energy and discord colored the bid for Bryan Sewall.
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