rixir«i auu miouciuuicuua mui-wrs.Terrible Accident on Lake Michigan!400 Lives Lost!A CLOUD OVER MILWAUKEELost night as the steamer Lady Elgin, with 400 excursionists from Milwaukee lo Chicago, when 12 miles out of Chicago, was ran into by a schooner, and sank in 12 minutes, in 100 feet ot water!Only 17 persons were saved ! She had on board the Union Guards, Capt, Barry, several other military men, a number of Firemen,the Cornet Band, and a large delegation uf prominent Milwaukee men, with a large numberof ladles 1 No names given as yet.We take the following from the Wisconsin of Saturday afternoon:11 We fear that no calamity has ever hap* ptned on our lakes. in which Khe loss of lifo is so great, as by the sinking of the steamer Lady Elgin, last night. The lowest estimate of persons on board is 400. In a few moments this vast mass of humanity was en-gulphed in the Lake—moat of them were probably drowned in their bertha—aa thethat th(- The c the Elg think fl got on many o' from Ls prcbab] the esc cage, tc and to ; destine The : eeaworf Capt. y reliable A de the ves he saw standi r down, ■ saved c stood a one of at all.ClT i Will hfi as the on bus and ow smash* nu me r-our “a