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Newspaper
The Dakota Huronite
Location
Huron, South Dakota, United States of America
Date
Dec 26, 1895
Page
5
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Ex mayor H E Rawson of Fergus Falls Minnesota is dead. A portion of Buenos Aires barracks collapsed killing 12 soldiers and injuring 90. Gold shipment estimates for Saturday reach 4 million dollars. Marquis Sacripanti aboard the Fulda brings the beretta for Mgr Satolli. Mrs W T Daly granted divorce from Father Bill Daly the turf figure. Senate confirms Interstate Commerce Commissioner Veazey and Weather Bureau Chief Moore. Miss Margaret Young queen of the Manna islands in the Pacific dies at 23 after four years on the throne. George Snyder of Vermillion South Dakota arrested for selling liquor without a license. Representative Micklejohn Nebraska says he will not seek reelection to Congress and will pursue the Republican gubernatorial nomination.
Wall Street faced a burst of excitement and a near panic as news of $3.4 million in gold being shipped abroad and later $600,000 more spurred nerves. Major stocks fell, banks tightened loans, and several firms including Nichols Frothingham & Co and De Neuville & Co announced failures or assignments amid tight credit.
Chicago financiers forecast a two day end to the present gold flurry. William T. Baker of the board of trade cites English premier tip to draw gold from America as England’s method to counter the U S. currency laws. P D Armour dismisses the panic as senseless and believes it will end quickly, sending a London cable on the inquiry.
The London Times editorial says Cleveland’s second message is as remarkable as the first and notes his world astonishment within a week. The Daily News accuses him of harming his country more than Britain and suggests peace assurances may repair his error with British willingness to overlook harsh words.
The third floor of the Palace clothing house collapsed under a load of wall paper owned by A. H. Ranney. It fell to the basement. Gale Walters, a Palace clerk, was instantly killed and several others escaped with narrow misses.
In Philadelphia on December 23 the stock market faced a sharp halt as foreign selling of 50 000 to 125 000 shares hit an unprepared market. Prices plummeted and a serious panic ensued.
Five thousand coal miners in the Indian Territory began a full strike. Telegrams to the Missouri Kansas and Texas Railway headquarters report operations halted at Colgate Lehigh Briar Creek Krebs Alderson Hartshorn and McAlister. More than five thousand workers are idle.
Cuba Gap December 21 Major General Wesley Merritt commander of the Missouri Department says in a war with Great Britain the United States would launch an aggressive strike and invade Canada. He argues immediate seizure of the Welland canal would secure lake ports and that Canada poses no invasion threat while the U S could field a vastly larger force than Britain.
The Dec 21 Delmonico event marked the Jay Treaty centennial and the first annual Commercial Day observance. Dr Chauncey M Depew presided with Bishop Potter delivering the opening prayer as 300 guests gathered for toasts and speeches.
In Washington a ceremony at the Catholic legation delivered the zuchetto and consistorial letter to Mgr Satolli, announcing his elevation to cardinal. Marquise Sacrapanti, the pope's messenger, presented the documents at 6 pm as Mgr Sbarretti read the November consistory action. The events were conducted in Latin.
In Havre Montana on December 21 Eugene V. Debs attended a Brotherhood of Locomotive Firemen meeting and withdrew as grand secretary. Tensions between the BLF and the American Railway Union are rising as Debs departs the organization.
At a meeting of incorporators in New York on December 21 the board includes J Pierpont Morgan George S Bowdoin Edmund L Baylies J Kennedy Tod and James A Scrymser. Scrymser becomes president with Baylies as vice president and acting treasurer. An executive committee will arrange to raise capital to 10 million dollars.
Judge Campbell sustains the state artesian well law known as the Melville law as constitutional. The decision quiets fears among settlers who had hesitated to drill irrigation wells. Several townships had resisted wells, fearing litigation.
Washington December 21 A bill by Representative Fairchild of New York would establish a national military park on the Palisades of the Hudson and to preserve the Palisades mountain from blasting and other destructive actions.
In Burlington Iowa on December 21 a remarkable 72 hour rain drenched the southeast, reviving dry wells and streams that had been dry for two years. Ground frost has disappeared and farmers report immense benefits from the rainfall.
An 19th century style advertisement asserts catarrh stems from impure blood and cannot be cured locally. Hood's Sarsaparilla is said to purify blood, remove the cause, build up the system, and prevent pneumonia diphtheria and typhoid fever. The ad also promotes Hoops Prats as a favored remedy.
The United States Senate approved the bill empowering the president to name a commission to determine the Venezuela British Guiana boundary by unanimous vote after four hours of patriotic debate. Notable speeches by Sherman Teller Mills Lodge Platt Turpie Chandler White and Cafferey Call and Stewart highlighted Monroe Doctrine and national dignity concerns.
Washington reports the presidents anti recess message surprised both houses. Conferences may force a complete change in holiday recess plans and advance real work of the session by two or three weeks. The Senate may reconsider the adjournment resolution while the House acts as if it was not adopted, risking a suspended dispute between chambers.
In Waskiscron on December 23 the first silver vote in the Senate defeated a motion to refer Allen's resolution on opening the mints to free coinage. The measure aimed to ease strained Venezuela tensions. The ayes were 24, nays 36, with silver adherents voting nay. the resolution was adopted.
Washington December 23 The House session was brief as members awaited Senate action on the Venezuelan commission appointment bill. After an hour and a half with no Senate action the House adjourned for the holiday recess.
The Post's London cablegram reports a severe panic in the New York Stock Exchange with all American securities, shares and bonds, becoming practically unsaleable during the day.
A Chicago broker ad promises daily earnings from small investments with a free booklet. Gramore & Co., Bankers and Brokers, invites readers away from Chicago to investigate new methods and past plan references, offering points and hints and free information.
The firm of Lewis and Hill photographers remains in Huron and plans to stay as long as they are liberally patronized. Their lighting and posing are artistic, their picture finish is elegant, and they guarantee to please all, building steady trade.
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