The Publicist. (Chandler, Okla. Terr.), Vol. 6, No. 12, Ed. 1 Friday, July 21, 1899 Page: 2 of 8
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Perth Amboy, N, J., Bank Wrecked
by Its Cashier.
RELATIVES MAY MAKE IT GOOD.
Nicw Yoiik, July in. -floored M.
Valentine, cashier <if the Middlesex
County brink of Perth Amboy, N. J.,
which ivhn closod yesterday, has sur-
rendered himself and is now In jail on
Recount of a shortogo in the bunk's
funds, which has boon variously esti-
mated all the way to #165,000. The
aitnir caused consternation and dis-
may among the business men of Perth
Amboy, whore the Middlesex County
bank was considered as strong as the
eternal hills.
■So panlCHlrioken ilid the residents
of Perth Amboy become when It was
learned that the Middlesex County
bank had failed that crowds sur-
rounded the Perth Amboy S.ivlngs in-
Htitution. What inailo the run on the
savings bank appear all the more se-
rious was the fact that the officers of
the Middlesex county and the officers
of the Perth Amboy Savings institu-
tion aro Identical, the business of
both banks being transacted over the
same counters. It became necessary
to call for I ho aid of the polico for
the purpose of maintaining order.
II. II Watson, the president of both
banks, says that the funds of the
Perth Amboy Savings institution
were not touched, tile $500,000 de-
posited to the account of tho savings
institution is absolutely safe and that,
no matter how badly tho Middlesex (
County bank has been wrocked, the
savings bank will bo ablo to meet all
demands made upon It by the deposit-
ors. These words of assurance from
tho ofllcers of tho savings institution
had tho elTeot of cheeking tho run 011
this bank during the afternoon.
A detailed investigation of matters
by President Watson and Robert N
Valentine showed that the cashier's
cheeks and stubs did not correspond;
that the checks called for more money
than tho stubs recorded, and that
while taking tho stub as the basis of
accounting, the bank's llnanees would
llguro out all right, the checks would
show that the bank had been
drawiug heavily on its New
York correspondent, the Park
National. Tho cashier, in fact, carried
tho accounts of the stubs and from
theui to the books correctly, but when
the returns from tho enshier's checks
caine he pocketed tho difTorence be-
tween tho stub and tho cheek. Four
or Ave months of this metlioil of finan-
ciering depleted tho bank's reserve
moneys and brought it to tho verge of
ruin. Then the cashier evidently se-
cured a portion of the ready cash on
hand and left Perth Amboy.
Thursday night tho determination
to close the bank was reached, aud
Mr. Watson notified Chief of Polico
Bwton and asked him to locate the
missing cashier. Valentino, who had
been in New York city, returned to
Forth Ainboy from Woodbridge, ac-
companied by his counsel, Edward
Savage of ltahway. lie declined to go
Into details of tho shortage of tho
bank, cxcopt that ho was very sorry
that lie got liis friends into trouble
anil that ho felt very bad about his
wife and children.
President Watson is of tho opinion
that tho cashier's defalcation will
amount to at least $125,000. Where
the money wont to is not known
the cashier is said to have been mod-
erate in his tastes and habits of life,
The Middlesex county bank was
operated under a state charter, and
had been in operation many years.
Cashlor Valentine was for years a
clerk in tho Park National bank of
Now York. In 189:1 ho was made
cashier of the Middlesex County bank
His bond was fixed for 850,000. His
relatives arc wealthy, and It Is said
they will ondoavor to make good tho
shortage.
MORE MISER'S MONEY FOUND.
Illg Howard la Offered for Capture
Murder**.
Riohiiond, Ma July 15.—The of
floors and relatives have continued
their search for hiddon money on the
farm of Thomas Oraves, who, with hi
sister, was burned with their resi
donee Monday uight, and yesterday
found 1718, Si".:7 of which was green
backs and tho remainder gold and
silver coin. The money was fouud in
a bag containing old carpet rags.
This added to the amount found
Thursday makos a total of $2,734.
The Bay county court has raised Its
reward to $500, the governor offers
$500 and the relatives of the murdered
people $500, making a total reward of
8l,faH> for the arrest and conviction of
the tuurdorer or murderers.
WRIT OF OUSTER "RECALLED.
Insurance Co in |M n los to 1'oijtlimn In
llnnlne** on Payment of HI,000 Flnfe
Jeffbrhon City, Mo., July 15,—The
stato supreme court in banc yes-
terday overruled the motion for re-
hearing made by the seventy-thrco
Are insurance companies effected by
tho recent, decision of the 0')urt. As
soon as tho announcement was made
Given Campbell and James It. Waddlll,
counsel for the companies, (lied a mo-
tion to modify judgment.
Tiie motion sot out that tho com-
panies doing business at St. Joseph
did not Intend to violate tho law, and
they asked the court to set aside tho
order for ouster and to grant them
authority to again be licensed and to
continue business in the state of Mis-
souri along such lines as tho court
may deom proper and just in the
premises.
The court in bane ordered the sus-
pension of tho writ of ouster against
tho companies and entered a tine of
$1,000 each against them. These fines
must be paid to tho clerk of the su-
preme court within thirty days from
this date and tho companies will then
bo permitted to bo reliecnsed and to
do business in Missouri again.
Antl-Truit Victory.
Jkkfkrsox City, Mo., July 15.—At-
torney General Crow has won tho
first round In a suit to oust tho Con-
tinental and other tobacco companies
from doing business in the state for
violation of tho anti-trust law. The
supremo court overruled a demurrer
to the attorney general's petition and
orderod now ploadings tiled by the re-
spondents.
TS DAYS ARE NEARLY NUMBERED.
Her Fortuar to ll« r ll«soaer.
Nrw York, July 14.—The will of
Xlrs. Maria Elizabeth Cleveland, which
has been contested for several years
was admitted to probate yesterday
The bulk of the estate is left to Ma
rion V Scaife of Pittsburg, Pa., who
saved Mrs. Cleveland from drowning,
Mr. Soaife's portion of the estate is
valued at about 8100.00U The income
is to be paid to him for life and his
chlldreu aro to inherit the uiou«y.
FRISCO'S WELCOME TO THEM.
Tlio Oregon Troop* Itnviownri by (ionernl
Slinftor In tho Stroet*
San Francisco, July 15.—Not sinco
tho departuro of the regiment of
California volunteers for the Philip-
pines havo the streets of San Fran-
cisco presented such a scone of anima-
tion as they did yesterday. The cause
of tho demonstration was tho landing
of the Oregon volunteers aud the Cal-
ifornia signal corps, preparatory to
going into cainp at the Presidio and
the final mustering out. Ureutcrowds
gathered early along the lino of inarch.
All along the line of march the men
were cheered and bands hired by in-
dividuals played lively music. As the
soldiers passed the 1'alace hotel they
wore deluged with flowers thrown
from the windows by tho guests.
General Shafter and his staff and
Governor Geor of Oregon and his staff
and many notable array officers re-
viewed tho parade as it passed up
Van Ness avenue toward the Presidio.
As the men passed the reviewing
stand they cheered continuously.
When the Presidic was reached the
men were given a rest and then be-
gan tho work of going into camp.
Hero they will rest under military
discipline, for two or three weeks.
Then the final muster out will take
place and they will be sent to their
Northern homes by train.
MANY MEN ARE OUT.
uhor Trouble* at the SohwurMchllil A
Hutsbergor Packing Home.
Kansas City, Mo., July 14.—The
Schwarzschild & Sulzberger Packing
company shut down its plant in Ar-
mourdale at 7:41 yesterday morning
because of a disagreement with the
Butchers' unlou about wages. One
thousand men were thus thrown out
of employment indefinitely, 2,300
cattle were returned to the stockyards
for shipment to New York and a pay-
roll of $12,000 a week was suddenly
cat off.
Rilltor Inherit)! n Fortune.
ifpRtNOFiKi.D, Mo., July 15.—Chief
of Police Bishop has received a letter
from H. J. Martin, justice of tho
peace at Cripple Creek, Colo., telling
of a fortune of $500,000 which has
been left Kobert M. E. Cooper, who
formerly edited a newspaper at this
place. Cooper is supposed to be In
St Louis, whore, it is said, he has
bcon deeply dissipating. An effort
will bo made to locate him. The for-
tune consists of mining property in
Cripple Creek and real estate In
Texas, and was left Cooper by Captain
John Crego, an old plainsman. Crogo
died a few weeks ago and whon mak-
ing his will he stated that many years
ago Cooper had saved his Jife, aud he
made him his heir as a token of grat-
itude. Cooper was employed on Kan-
s\s City newspapers some years ago.
Canton People Happy.
Canton, Ohio, July 15.—Attorney
Austin Lynch, tho law partner of
Judge Day, acting for President Mc-
K'nley, Is negotiating with Mrs.
Rliaabetli A. Harter for the purchase
of the famous McKinley cottage. It
is thought to be his desire to again
possess tho home where h began
married life thirty years ago, which
is sacred to the memory of children
lost there, and which was disposed of
after tho death of Mrs. Mckinley's
mother, when they removed to the
old Saxton homestead, now owned by
Mrs. Barber, a sister of Mrs. McKin-
ley. Many people feared that since
the death of his mother, Mrs. Nancy
McKinley, in December, 1S97, and the
severing of other home ties, the Pres-
ident might be ) rsuaded to locate
elsewhere
i/i
SJrftU5T|
i
SIMPLE IN OPERATION
PRACTICAL EXAMPLE OF
RECT LEGISLATION.
DI-
for the amount?
Voting yes, 91,000; voting no, 90,-
000.
3. Should the constitution beamend-
Vote Cast by the People of California on ed to require an educational qualifica-
Nlne Propositions Which Were Sub- tion of voters?
mltleil to Them—Indicates the Active Voting yes, 151,000; voting no, 41,-
luterest of the Masses. 000. This question was submitted
merely to (jet the opinion of the voters
for the advice of the state legisla-
bor Commissioners, at a cost not ex- "Neither olnrory nor involuntary
ceeding $600,000, bonds to be issued | servitude shall exist in the United
States, or in any place subject to their
jurisdiction," says the 13th Amend-
ment to the Constitution. Hawaii has
been formally annexed and is certain-
ly "subject to their jurisdiction."
By the initiative, a reasonable num-
ber of people, say 10 per cent, have
power by petition to propose any
amendment to the constitution or law
and require t he submission to the peo-
ture.
4. Shall the proposed law take ef-
fect as passed by the legislature pro-
viding for the issue by the state of 20
year gold bonds, to pay its debt of
pie at the next election of any law j 5W) Q0()?
passed by that legislature. Voting no 86,000; voting yes, 80,000.
No law submitted to the people Th,g bm wag submiUed iu all its de.
shall take effect unless it is approved j
by a majority of those voting there- 5 shall senate constitutional ainend-
on- _ | meut No. 10 be adopted, limiting ses-
It is proposed to apply this principle R[on Qf legislature to 100 days pay,
to all laws, national, state and local. ( an{J prohibitln? the introduction of
"The trial of all crimes, except in
cases of impeachment, shall be by
jury." "involuntary servitude" does
exist in Hawaii, under the name of
"contract labor," as explicitly forbid-
den by federal law; and the supreme
court of Hawaii has annulled the right
of trial by jury in such cases. The
President permits this open defiance of
the national constitution and national
law by a court that has not even the
grade of territorial.—S. F. Star.
It is not proposed to abolish any legis-
lature, but to create a new lawmaking
body, of which every voter shall be a
member by right of birth and citizen- |
ship, and which shall have supreme
power to make or repeal any law.
The objections most frequently of-j
any bill after the first sixty days, ex-
cept by consent of two-thirds of the
members?
Voting yes, 156,000; voting no, 36,-
000.
6. Shall amendment No. 7 be adopted
prohibiting the creation of debt by any
fered to our adoption of this system, ^ county) cjty, town, township or school
are about as follows with soma of the digtricti without reference of the ques-
answer* and reasons in its favor. ^on R yGte of the citizens and ap-
Objection. Our country is too big.
Answer. The idea seems to bo that
because our votes are so many, aro
scattered over so much land and are j
so far from Washington, therefore our
vote cannot be cast and counted for
the election of a law.
Yet all men in the United States
who choose to vote, as well as mauy
women, do have their vote counted for
members of Congress or Presidential
electors three times every four years,
not to speak of the number of times
they are counted for state and county
ofllcers. The same officers who count
these votes, can at the same election,
count the votes of the same voters who I
proval of two-thirds of those voting
thereon?
Voting yes, 100,000; voting no, 60,-
000.
7. Shall senate constitution al amend-
ment No. 11 be adopted, allowing high-
er salaries to certain state officers?
Voting no, 120,000; voting yes, 44,-
000.
8. Shall assembly constitutional
amendment No. 5 be adopted, author-
izing certain state officers to allow de-
ficiency expenditures of state money
in addition to the apportionment by
the legislature?
Voting no, 88,000; voting yes, 69,-
000.
Land is in the city as well as in the
country, although some economists
seem to think not Land, in econo-
mics, is a broad term; it includes all
nature outside of man and needful for
his uses. Land is indispensable in
every occupation, mental as well as
manual. Land is opportunity; an op-
portunity that is the right of all. To
deny a man the use of land is to deny
him an opportunity to produce wealth,
for all wealth is produced by labor ap-
plied to land. When a landowner takes
from the man who works on the land,
a part of what he produces, he takes
something for which he gives nothing
that he has produced, in return.—Sin-
gle Tax World.
choose to mark their ballots for or ^ Shall senate constitutionalamend-
against any proposed law. meut No. 14 be adopted, allowing the
For a practical example, though the voterg of any city of ,nore than 3 500
voters of California have no power to inhabitants to maUe its charler ao
compel the submission to them of nny {ramed ghftn be approved at tlle banot
proposed law, the legislature of tin j btJX by a majority of the citizens vot-
state sometimes submits important 1
questions to a vote of the citizens At
the Presidential elections of 1896 the
following niue proposals were bo sub-
mitted to the voters of California (the
vote is given in thousands only):
ing thereon?
Voting yes, 115,000; voting no, 43,000.
—Ellensburg Dawn.
Abraham Lincoln said: "No men
living are more worthy to lie trusted
1. Should United States Senators be ' than those who toil up from poverty;
elected by the people? none less inclined to take or touch
Voting yes, 188,000; voting no, 13,- | aught which they have not honestly
000. The vote was only to get the op- earned. Let them beware of surren-
inion of the people as advice to con- dering a political power which they
gress. already possess, and which if surrend.
2. Shall the proposed law take effect ered, will surely be used to close the
as passed by the legislature, for the door of advancement against such as
building, at state expense, of a general they, and to fix new disab.'lities and
ferry and passenger depot at San burdens upon them till all of liberty
Francisco by the State Board of Uar- ' shall be lost"
'«
If, after Cornwallis surrendered at
Yorktown, France had paid England
$20,000,000, ignored Washington and
proceeded to establish a French gov-
ernment here, what would Washing-
ton and his followers have done? J
Would our forefathers have allowed
France to govern this country? Of
course, the honor of France at that
time would not permit her to play
such a treacherous trick. But it might
have been.—Peoples Press. /
By abolishing the contract for street
cleaning the commissioners of tho
District of Columbia paid 25 per cent
more to the laborer, and saved 40 per
cent in expenses. The laborers em-
ployed direct by the city proved to be
better for the city and the men.—-Com-
ing Nation.
A widow of Duluth, penniless, in
arrears for rent, aud generally dis-
couraged, killed herself and her two
childred. Still the Filipinos stand
aloof from being civilized.— SyraoeAe
Labor World.
To havo the ballot is a good thing;
to understand clearly how to use it is
better. Not to vote against a systeal
that makes work scarce, that makes
people needy and goods too plentiful,
betokens ignorance of the something
that's got to bo done.
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French, W. H. The Publicist. (Chandler, Okla. Terr.), Vol. 6, No. 12, Ed. 1 Friday, July 21, 1899, newspaper, July 21, 1899; (https://gateway.okhistory.org/ark:/67531/metadc150734/m1/2/: accessed March 28, 2024), The Gateway to Oklahoma History, https://gateway.okhistory.org; crediting Oklahoma Historical Society.