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Newspaper
Corydon Democrat
Location
Corydon, Indiana, United States of America
Date
Dec 27, 1899
Page
2
Reports indicate a grave crisis with imperial forces marching to South Africa. Five weeks to full mobilization, strong militia divisions form, and Lord Kitchener anticipated to lead decisive commands amid war preparations.
Panic sweeps markets as British forces falter in Africa triggering wide stock sell off. The London liquidations spread to New York and major players like Rockefeller, Whitney, and Flower see declines in key properties. Brokers refuse further advances while investors rush to exit amid fears of a global crisis.
The house approved the currency bill by 190 to 150 with eight Democrats voting in favor. The measure aims to recognize the gold dollar as the sole unit, redeem federal obligations, abolish the bank circulation tax, and authorize banks to issue notes up to bond collateral value. Senate action will follow with potential conference to reconcile differing versions.
Irish meeting in Dublin sparked by anti-British demonstrations. Police broke up gatherings after leaders including James Connolly faced threats. chants supported the Boers and attacked Queen Victoria, Empire, and Allied powers. Davitt proposed denouncing British rule and urging U.S. action for Boer independence.
General Otis reports to the War Department that Filipino rebels are split into factions and that some call for drastic punishment to stop gun murders and robberies. He notes the retreatingInsurgents’ divisions and suggests using quick troop redeployments to garrison towns, while downplaying the importance of the representations from those who urged harsher actions.
General Otis sent to Washington a batch of letters captured from rebel archives. The documents allegedly reveal that Aguinaldo had active moral support from prominent anti expansionists in the United States.
It is believed barge 115 with nine crew members on board has gone down. Names known include Captain Arthur A. Boyce, Mate Michael Stynop, and Cook William Buckner. Search by the steamer Colgate Lefoyt has been discontinued. No insurance covered vessel or cargo. The barge is owned by Rockefeller interests.
Traders in London faced renewed declines as fears of heavy shipments and a weak outlook for corn kept prices near yearly lows. Despite ample supply prospects, buyers remained cautious, with little incentive to boost commercial stocks and futures uncertain due to uncertain export demand and crop prospects.
Lieut Phonis M Grambs secretary to Admiral Dewey died at Garfield hospital Washington after illness from typhoid fever. He accompanied Dewey to the Asiatic station and served as flag lieutenant, praised by the admiral. Brumby aged 41, unmarried, leaves a Georgia mother and a father a former Georgia regiment colonel. Also notes a large reservoir planned near Galesburg and Russia’s wolves destroying livestock worth six million dollars annually.
The New York News argues Congress will pass White House backed measures with little debate. It claims McKinley seeks imperial policy across Cuba and islands, limiting Congressional power and echoing Caesar’s palace over Rome.
The piece rails at William McKinley as a perpetual wobble on currency policy and the open door, accusing him and allies of pushing a permanent gold reserve plan and tariff favoritism. It contends tin plate mills suffer while prices rise, and warns the currency bill benefits national banks, not the public.
The article notes English soldiers often leave wills unwritten, yet some die with posthumous wishes found on them such as "All to my wife" or "All to mother" and the army deems these valid. It then recounts the Prince de Ligne's humorous duel in rain with Comte de Segur, ending with a walk home.
The piece critiques a bold Republican gold standard bill linking to McKinley and Hannas, warning it could devastate the party if passed. It notes Reid’s attacks on Hanna, doubts Ohio will stay Republican in 1900, and signals infighting over the St. Louis platform’s financial plank.
Leavenworth Kansas tops both sides of the Atlantic for apple shipments with vast storage and packing capacity. The county claims the world’s largest apple orchard and hundreds of packing houses drawing workers nationwide. Local figures show 125000 barrels shipped in strong seasons and two huge cold storage plants.
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