The Inter Ocean from Chicago, Illinois • Page 7

THE DAILY INTER OCEAN, MONDAY MORNING, JUNE 6, 1898. CLUB NEWS Preparations Being Made for the Convention at Denver. AOTIVITY 19 UNUSUAL Programme for the Six Days to Be Varied and Able. Lyndon Evans Will Talk About Mrs. "Phases of Economic Work 1 1a Cluba" on Wednesday, The Inter Ocean begins a new feature with this morning's in a department devoted to the best interests of the woman's club movement, as outlined editorially yesterday morning.

Though the winter season is the most ausment, and its most breezy picious for the developing, of such a departinterests, there nevertheless are a large number of active summer workers, whose movements concern, a varied and extensive line of newspaper. readers, The extent to which club life among women has developed of late years is just becoming appreciated by the general public. The value of the work in Chicago is quickly understocd when its penetralia is looked into. Hundreds af lives are without ostentation or reward by those brightened, hundred of strugglers assisted da branches of club work which look toward the material alleviation of the communirtes around them. But aside from all labors of a charitable or philanthropic nature the bulk of club activity is devoted almost exclusively to the educational idea.

The federation motto, "Unity in Diversity," embodies the underlying principle of that organization, the beauties of which are most rigidly lived up to. It is The Inter Ocean's purpose to- make its club columns useful and representative, so that the more or less flippant inaccuracy which often characterizes club reports shall be wholly wanting. To facilitate the launching of the plan it is desired that as many clubs as possible will send in their rosters for the ensuing season's work, together with such information as will be of interest to club women. The department has the hearty sympathy of the federation president, Mrs. Henrotin, who, together with many of the heads of the organization, had long felt the need of proper representation in the daily press.

Just at this time the whole thought in club circles is fixed upon the biennial convention which opens in Denver at 11 o'clock on the morning of June 21. Unusual activity has characterized the preparations, and volume VI, of federation records promises, in consequence, to eclipse any that -have gone before, The women's clubs of Denver have laid themselves out -to make the convention a a historic one, with every prospect of belug successful, and adding to the reputation of Denver as a convention city. The programme for the six days is varied able, introducing some of the most prominent women in federation affairs. The exercises will be given over almost exclusively to the care of specialists in the different lines. For instance, at the meeting on the afternoon of June 23, on "The Home," the presiding officer will be Dr.

Mary E. Green of Charlotte, president of the National Household Economic association; It is possible that in connection with this meeting there will be an object lesson by a class of children trained by Mrs. Fischel of St. Louts. Mrs.

Fischel, who is a wealthy woman, is a devotee of this line of work. She trains classes of children in "home economics," and teaches other women to train them, something after the manner of the kitchen garden classes. Her line of teaching, goes further than the latter, ethical side of home life and teaching, in a style based on the kindergarten methods, the duties of each member of the household, and how they should be fulfilled. Mrs. Lyndon Evans, who has so devotedly and so effectively in the clubs of self-supporting women in Chicago, the lunch clubs, evening clubs, and otbers, and who will preside at meeting of Wednesday afternoon, devoted to "Phases of Ecot.omic Work in Clubs," will tell the story of these clubs, the only ones of their kind in America: how through them the girls who earned their living have provided themselves with pleasant lunchrooms and nourishing, inexpensive lunches; classes in a multitude of branches; circulating libraries, gymnasiums, and many other benefits, and all without a touch of the bitter wand of charity, but pervaded by the beautiful club spirit, which makes all equal.

At the educational meeting, Wednesday evening, Miss Laws, auditor of the G. F. W. will preside, and among the speakers will be Mrs. E.

Mumtord, former vice prestdent of the General federation; Mre. Harriet Hickox Heller of Omaha and Mre. John R. Coray of Utah. Thursday morning, on Clubs and Village Improvement Societies," Mrs.

Cornelius Stevenson will be chairman. She is prealdent of the noted Civic club of Philadelphia, which has accomplished SO much in muntelpal affairs. Thursday afternoon comes "The Library Movement in the United States," Mrs. Thayer of Iowa taking charge. Ag nothing except the public schools has occupied so much of the attention and practical efforts of the federation as the public librarles, this will be a session of special to all earnest club women.

Accounts of the traveling libraries sent out by different state federations will ge given, with special reference to the work in the South, where these libraries have been sent among the mountain people of Tennessee and Georgia, and the negroes of Louislana. In the clubhouse will occur the meeting on "The Press." Mrs. Henrotin will preside. The speakers on the press will ba Mise Helen M. Winslow, editor of the Club Woman; Mrs.

Anale K. Buero of Califernia, on Western journalism; Mrs. H. C. Torcer of the Midland Magazine, Iowa; Mrs.

A. G. Johnson of Rome, Mra. Frances M. Port of Ornaba, anpe Mrs.

Ellen M. Cromwell of Washington, D. C. Such questions will arise at this meeting as "Shall the club publish, or pot publish, its procsedinge?" "Co-oceration batween the press and the altzuleite movements of the time," end 80 on. In pessina, it iney be said that the prese women of Denver hate organized a club, with Miss Minnie J.

Reynolda of the Rocky Mountain News se preaf. dent, for the exprese purpose of some courtesles to their sisters of quill who may attend the biennlei. There will 08 a press headqparters, a reception to risities press women, and what time tar busy porters can spare during biennial week will be devoted to making It as pleasant as poosible for the visitors. From to 6 o'clock Thursday there will be receptions at private houses, to which the delegations will be invited states, as In Louisville, and for which the most elegant mansions in the etts will be opened. Thursday evening Mrs.

C. P. Barnes of Louisville will be the chairman, and the subject will be "Uncut Leaves," The speakers will be Miss Agnes Repplier, Miss Kate Chopin, and Ruth MeEnery Stuart, Miss Margaret Evans, president of Carleton college and of the Minnesota tederation, famous educator, will preside at the educational conference Friday morning. Friday afternoon comes "The Industrial Problem as It Affects Women and Children. Great has been expended on the securing of good speakers at this session.

Among them will probably be Clare de Graffenried of the National Bureau of Labor, who la noted for wonderful work in the collection of labor statistics of this and other countries; also Mrs. A. P. Stevens, one of the most famous statisticians of the country, and Mary Kenney O'Sullivan. Mrs.

Sidney Webb of Lonspeak on "How to Do Away with the Sweating June 24 and 25 will be devoted in part to trolley rides and a mountain excursion, in which the delegates and visitors will make the swing "around the circle." Brown's Palace hotel has been selected as Chicago headquarters in Denver, and the Broadway theater, Trinity and Unity churches will be the scenes of the various exercises. Mrs. Clara M. J. Farson, state chairman of correspondence for Illinois, has just completed official arrangements, providing for an excursion of many hundred federationists.

The party leaves Chicago over the Burlington on June 17 at 5:30 p. m. Two days' stop-over at Omaha is included, where they will be met by club women from all over the country and be jointly entertained by the Omaha clubs. There will be work laid out in Omaha, however, where a special programme will be given. Luncheon will be served on the exposition grounds and a reception will be tendered theta the same evening, The delegates will also be called upon to fill the Omaha pulpits from among the female pastors in the party.

The time en route between Omaha and Denver will be consumed by discussions of a purely parliamentary nature, so that no hours shall be unprofitably spent. In Illinois there are more than 200 women's clubs. Three years Ago the only ones in existence in this state were in Chicago, Peoria, Springfeld, and Jacksonville. Mothers ought to gather at the club, from contact with other thinking women, enough new and thought to interest the whole family. Why is it that a spirited, not to say rancorous, debate in a woman's club or organization causes so much astonished newspaper comment, whereas a free fight in the French Chamber of Deputies, the Austrian Reichstag, the English House of Commons, or our sugust Senate is looked upon as something to be expected and not at all worthy of Club Woman.

The emblem of the General Federation of Woman's Clubs is known in nearly every country on the globe. It represents four states and 500,000 general club women. It has a Federated Club of Indian Women from the Penobscot tribe, two in London, one in India, one in Australia, and one in South Africa. The federation stands for something greater than a social scramble or selfish gratification for ambition. It builds on the principle of reform, broad democracy, and buman sympathy.

It is constructive, not destructive. Every bienvial is a step achievement of its hopes and prayers. WOMEN AT THE CONVENTION. Various Candidates Mentioned for the Trusteeship. Among those whose names are mentioned as the possible choice of the woman's Ropublican state convention at Springfield Tuesday for university trustee are Mrs.

Gertrude Blackwelder, Mrs. Alice Asbury Abbott, Mrs. Evelyn Frake, Mrs. Julia B. Shattuck, all of A Chicago; Mrs.

Lutz of Lincoln, and Mrs. Carrie T. Alexander of Belleville. All are thorough Republicans, most of them having been actively engaged during the last two campaigns for the nomination and election of a woman upon the state university board trustees. All believe in the political equality of are women of liberal education and of executive ability.

Mrs. Blackwelder is a graduate of the State University of Kansas. Mrs. Shattuck is a graduate of Hillsdale college, Michigan, and a member of its board of women commissioners. Mrs.

Alexander was valedictorian of her class at Monticello seminary and is well known in G. A. R. circles. Mrs.

Frake is a member of the Chicago board of education. Mrs. Abbott is well known in club circles, while Mrs. Lutz has abilities which, in the estimation of her friends, place her on an equality with other candidates for the trustee- is quite likely that the delegates from counties outside of Cook will concede the choice of candidate to Cook county this year, since the reverse was the case two years ago. There are two women on the state board, Mrs.

Flower, whose term of office expires two years hence, and Mrs. Carriel, four. years- both Republicans. Three trustees will be elected in November to serve six years. WANTS CHICAGO DAY IN OMAHA.

County Democracy Discusses Its Telp to Trans-Mississippi Exposition. At the regular meeting of the Cook County Democracy yesterday afternoon President Powers stated that efforts were being made, in view of the prospective trip of the Democracy to the Omaha exposition, induce the managers of the exposition appoint a to Chicago day in September or October. There has already been an Illinois day fixed, but its date is too early to suit the convenience of a majority of the members who wish to visit the show. President Powers expects to hear from Robert Burke on the subject in a few days, Mr. Burke being now on a visit to Omaha.

An amendment to the by-laws of the society providing for monthly instead of weekly meetings, and fixing the time of the meeting on Friday evening instead of Sunday afternoon, was read, but laid over under the rules regulating amendments to the constitution and bylaws. FUNERAL OF PAUL GROTTKAU. Organized Labor of Milwaukee Attends the Last Rites. Special Dispatch to The Inter Ocean. MILWAUKEE, June 5.

The funeral of Paul Grottkau this afternoon assumed the shape of a labor demonstration. The various bodies of organized workmen, led by the followers of Eugene V. Debs, assembled in front of the Exposition building, formed in procession and followed the body to Forest Home cemetery. There were nearly 6,000 people at the cemetery. A Socialistic singing society rendered music appropriate to the o- casion.

Victor L. Berger, editor of a local labor paper, and Karl Kleist, who was a fellow worker of Mr. Grottkau in the Socialist movement in Germany, delivered addresses eulogizing the dead leader. A collection was taken up for his family, which resides in San Francisco, and is left in narrow circumstances. The body was cremated, and the ashes will be sent to the widow.

Brakeman Accidentally Killed. Death came suddenly to Edward Griffith, brakeman on the Atchison, Topeka and Santa Fe yesterday morning. He was engaged in switching cars at Eighteenth street, and attempted to make a coupling. Griffith was caught between the tender of the locomotive and a ear. and was crushed.

As the care relaxed he etaggered Ed tel' outside the rail, and died in a few minutes. Grimth was about 25 years old. His tome was in Topeka, Kan. Hymen May Recover. H.

Hymen, who swallowed carbolic acid and then Jumped off the high arch bridge in Lincoln park Saturday afternoon, was reported in a somewhat Improved condition at the German hospital yesterday. There is a chance for recovery. RECORD FOR Manufaotures Sent Abroad Will Exoeed the Imports. FIRST TIME IN HISTORY Bureau of Statistics Places the Excess at Over $40,000,000. Nearly Every Branch of the Manufacturing Industry Shared in the Growth.

Special Dispatch to The Inter Ocean. WASHINGTON, D. June 5. -The manufacturers of the United States are making in the fiscal year which closes with this month their greatest record in competing for the markets of the world, Not only will the exports of manufactured articles for the fiscal year exceed those of any previous year, but for the first time in the history of the country they will exceed the imports of manufactures. In the ten months of the fiscal year whose THE "And Actually detailed record the bureau of statistics has Just completed the exports of manufactures exceed by over $40,000.000 the value of the manufactures imported, and it is probable for the full year's record this excess will reach $50,000,000.

In no preceding year in the history of the country have the exports of our manufactures equaled in value the imports of manufactured articles. In the fiscal year 1897 the imports manufactured exceeded the value of exports of manufactures by the sum of in 1896 by $104,759,734, and in 1895 by $121,413,783. Nearly every branch of our great tacturing industries has shared in this growth of our sales to other parts of the world. The exports of agricultural implements, for instance, which in 1888 were about $2,600,000 in value, will, in the year 1898, be, in round numbers, $6,000,000. Locomotives in Demand.

Locomotive engines, whose exportation in 1888 were less than $500,000 in value, will in 1898 reach probably $4,000,000, orders for more than 150 engines having been placed with the great manufacturing establishments during the past two months, for use in China, Japan, Russia, Egypt, Australia, and South America. Bar iron, of which we exported 1,500,000 pounds in 1888, will amount to 10,000,000 pounds of exports in 1898. Builders' hardware, the exports of which in 1888 were valued at $1,442,635, were last fiscal year $4.152,886 in value. The exports of cut nails, which in 1888 amounted to 11,963,664 pounds, will in 1898 amount to more than 35,000,000 pounds, an increase of 200 per cent, while wire nails have increased over 1,000 per cent, the exports of wire, wrought and horseshoe nails in 1888 being 1,547,078 pounds, while those of 1898 will reach nearly if not quite 20,000,000 pounds. Exports of iron plates and sheets, which in 1889 were less than 1,000,000 pounds, will in the year which ends with this month amount to nearly 8,000,000 pounds, while those of steel plates and sheets, which were but 419 pounds in 1888, will exceed 20,000,000 pounds in 1898.

The total value of the exports of manufactures of iron and steel, which in 1888 amounted to $17,763,034, will in 1898 exceed 000. The exports of leather and manufactures thereof, which in 1888 amounted to less than $10,000,000, will in 1898 exceed 000,000 in value. Sales of Oils Largely Increased. Exports of illuminating oils, which In 1888 amounted to 456,000,000 gallons, will in 1898 exceed 800,000,000 gallons, while lubricating oils, which in 1888 were less than 23,000,000 gallons, will in 1898 reach 55,000,000 gallons. The exportations of paramn and paraffin wax, which in 1888 were 36,000,000 pounds, will in 1898 reach 140,000,000 pounds.

Soap increases from 19,000,000 pounds in 1888 to over 27,000,000 pounds In 1898; glass and glassware from $881,628 in 1888 to $1,208,187 in 1897; manufactures of rubber from 867 in 1888 to $1,807,145 in 1898. Manufactures of cotton show an increase of 50 per cent in the value of their exports during the past ten years; exports of chemicals have also increased 50 per cent in value during the same time. Manufactures of brass have Increased from $308,124 in 1888 to over 000 in 1898, while manufactures of copper, including ingots and bars, which in 1888 were $3,812,798, were last year $31,621,125, and seem likely to exceed that sum in 1898. In numerous other manufactured articles there have been similar gains, nearly the entire list having shared in a greater or less degree in the growth of the export trade durIng the past decade. The total exportation of manufactures In 1888 amounted to 300,087, and in 1898 seems likely to reach nearly or quite $290,000,000.

CAN'T SUCCEED HER HUSBAND. Futile Effort to Secure the Unexpired Term for Mrs. Inglis. Special Dispatch to The Inter Ocean. SPRINGFIELD, June 5.

Since the death of Professor S. M. Inglis, state superintendent of public instruction, the friends of the deceased have endeavored to secure the office for the remainder of the unexpired term for Mrs. Inglis. Secretary of State James A.

Rose has looked up the law and finds that Mrs. Inglis cannot hoid the office, as the constitution says specifically that it cannot be filled other than by a male person. Is you appetite poor? Hood's Sarsaparilla will tone your stomach and digestive organs. WITH THE CENTRAL W. C.

T. U. Last Business Meeting of the Summer Held. The last business meeting for the summer of the Central W. C.

T. U. has been held, with Mrs. Robert L. Greenlee as presiding officer.

There will be no other regular session till Sept. 3. Mrs. Matilda D. Kline has resigned her position with Central and taken the secretaryship of the Baptist Woman's Missionary society.

Mrs. Jessie Brown Hilten of Evanston has taken the place Mrs. Kline formerly held as well as that of leader of the noonday meting in Willard hall, Mrs. Abbie Church having resigned from the latter place. Prindle" of Washington, D.

and Mrs. Brent of Japan have been guests during the past week of Mrs. Pardon, at the Anchorage mission, on Wabash avenue. The musicale at the Florence Crittenden mission, under the directorship of Mrs. Henry McCall, was a very pleasant event.

The numbers on the programme were excellently rendered, and the refreshments were dellcious and well served. Mrs. M. B. Carse is in the East and will probably not return for two or three weeks.

"Brother David," the Hindoo evangelist, has been speaking at the Willard hall noon meetings during the last week. He will continue his addresses in the hall all this week, both at noon and at night as well. This coming week will bo the last opportunity that Chicago will have of hearing this unique and wonderful man, since will probably leave the United States in the course of a few weeka, The guitar club, composed of little girls at BITTEREST Went Out of My Way to bas gone on a trip to the West. DRINKING FOUNTAIN UNVEILED. w.

C. T. Present to the City Ready for Use. Hope mission, does excellent work and credit to the teacher, Miss Milhausen. Mrs.

Bruen, who is superintendent of the mission, A drinking fountain, presented to the city by the Maplewood W. C. T. was yesterday unvelled at Milwaukee and Powell avenues. Mrs.

T. C. Reiley of Evanston presided. John G. Shortall, president of the Humane society, accepted the custody of the fountain on behalf of the organization he represents.

The tountain, which was concealed by a United States flag, was unveiled by six little girls. Pearl Miller recited a poem written for the occasion. Mrs. Relley, in the course of a few remarks, said that the last letter she received from Miss Willard had reference to the fountain. "Keep on working for the fountain until I am strong enough to come and help you, wrote Miss Willard.

Yesterday afternoon there was much rivalry among the children as to who should take the first drink, a rush being made for the aluminum cup when the stream of water was set in motion. According to Mr. Shortall there are now Atty drinking fountains in Chicago controlled by the Illinois Humane society, DISCUSS MISSIONARY MATTERS. Congregational Women Meet and Talk Quite Informally, The Congregational women met at No. 59 Dearborn street Friday morning.

Miss Tera of Plymouth church presided and read the message given Joshua: "Be strong and courageous." Mrs. Howe spoke feelingly of the many Christian young men who have gone Into army life. Miss Pollock reported the meeting of the West Division at Western Springs as helpful and encouraging. The subject for prayer was Miss Grace Wyckof. Both sisters were remembered.

The importance of the work among the children was spoken of, and all were urged to aid in keeping the children interested. A letter from Miss McCandlish gave glimpses of her life in Japan, studying the language, teaching English classes, and enjoying everything very much. Mrs. Howe brought a word from her daughter, in Kobe, of a visit from a prominent educator, and other Items showing the spread in Japan of child study. SMITH DISCUSSES HIS TRIAL.

Says Ante-Mortem Statement of Heftman Should Have Been Exeluded, Edward L. Smith, who was convicted in Judge Trude's court Saturday night of the murder of Joha Hetman; believes that he would have been acquitted if the ante-mortem statement of Heltman had been excluded. "That was the worst piece of evidence against me," he said, "and after it was let in I though! the jury would hang me. "That ante-mortem statement is Incorrect. Heitman never said that I struck him.

He said it must have been me- he guessed it was me because, he said, no one else was around at the time. But Justice Foley and the police took down the statement and made it read that Heitman was positive I assaulted him. said at the time that if Heltman died the statement would be bad piece of evidence against me and it was." Smith's wife did not call at the jail to see him yesterday. She has been excluded since the attempt Smith made two weeks ago to break jail. Jaller Whitman seems to be under the impression that Mrs.

Smith had something to do with smuggling in the two saws found in Smith's cell. Boy Drowned in the River, George Reneck. 10 years old, was drowned in the river at the foot of Bloy place yesterday afternoon. The boy, whose home was at No. 1225 North Lincoln street, was playing with a number of children along the banks, when he lost his balance and fell into the water.

The police were unable to recover the bods. Finds Carrier Pigeon on His Window. carrier pigeon, apparently greatly exhausted, was found on the window sill of Joseph Lewinski's home at No. 87 McHenry street yesterday. The bird appeared to have traveled a great distance, and attached to one leg was a tag bearing the Inscription: 1897-66." Lewinski notified the police at the Rawson street station of his capture.

MARSHALL'S LETTER Belief That War Will Be Speedily Terminated Continues, MONEY IN ABUNDANCE Prices Remain at Level Reached After Manila Viotory. Loans Made Freely at Low -War Cost May Reach $800,000,000 a Year -Lelter's Deal Legitimate. Special Dispatch to The Inter Ocean, NEW YORK, June Marshall, In his Anancial letter in the Sun tomorrow will say: Confidence in a speedy termination of the war with Spain, either through the capture of the Spanish fleet at Santiago, the conquest of Cuba and Porto Rico, or the financial exhaustion of the SpanIsh government, continues to prevail on the stock exchange, and to maintain prices Put the Handle on Ito the level they reached directly after the naval victory at Manila. Encouragement is also furnished by the steady outpour of money by the government from the hoard accumulated by the last administration and from the delay in checking it, elther by borrowing or by taxation. The expenses of the war are now estimated at $600,000.000 or $800,000.000 year, instead of the $300,000,000, which It was at first supposed would cover them, and how they are to be met without selling bonds, either under a new act or the old resumption act of 1875, It is not easy to see.

In the meantime money is abundant and is lent freely at low rates. The western railroad companies are increasing their dividends, and the outlook in every direction is, for the moment, cheerful. The addition to the currency of the country of $42,000,000 in the course of the next two years, contemplated by Senator Wolcott's amendment to the war revenue bill, so tar from being a menace to the stock market, as It was Interpreted to be for a few minutes, on Friday, is clearly an inflation measure, and should legitimately have the effect of one. What will happen when the government comes into the market with large bond issue is a question which only the event can answer. Lelter Has Made a Prost, If the newspaper reports of young Mr.

Leiter's operations in wheat are to be believed, he has been saved from loss and has made profit by this favorable state of the money market, When, last December, his antagonscoured the country for real wheat and ists it In upon him at the rate of a milpoured lion bushels a day, the Chicago banks, it is said, came to his assistance, and lent him, collateral security furnished by his upon father, the money he needed to meet his contracts. Had they refused to do this, and had he been compelled to sell the wheat delivered to him in order to get money to pay for It, his entire scheme would have been wrecked, and he would have been financially' ruined. As It is, he is said still to have on his hands 4,000,000 or 5,000,000 bushels of wheat, which, at the current price, represents more than his supposed profits, and, whatever price he must have paid for It, it cannot now be sold without sweeping away a large part of those profits, if not the whole of them. If, for example, he has given for this wheat $1 per bushel more than he is likely to get for it when he sells it his loss will be between $4,000,000 and $5,000,000, or precisely what he la supposed to have gained by dealings extending over many months, and involving turnover of 35,000,000 or 40,000,000 bushels. At best, therefore, his profit bears an insignificant proportion to the risk he has run, and by no means encourages others to imitate his example.

It Was a Business Transaction, It is but just to Mr. Lelter to say that he disclaims having engaged in "cornering" the commodity in which he has been dealing, but he bought it purely upon the business principle that it was selling for less than it WAS worth, and, therefore, that it was wise operation to buy It and hold it for rise. Justice also requires that he be acquitted of the crime, with which he has been charged by reckless demagogues, of having artificially enhanced the cost of food and thus of having caused untold misery to millions of poor people. Wheat continues but small fraction of the world's dietary and the recent rise in its price barely puts its cost as food back to where It was a few years ago. Even if its price were now extortionate, it could be replaced with rye, Indian corn, rice, potatoes, and all the vareties of green vegetables.

The reason why efforts to corner the supply of staple almost invariably fail, and if they are made with borrowed money, bankrupt those who engage in them, is, simply, that it takes two to make a bargain. There can be no sale without a buyer well as a seller, and the mass of buyers can always refuse to buy if they choose to. The cases in which men are compelled to buy because they have, in turn, made contracts to sell, which they can fulfill only by buying for delivery, are comparatively rare, and even in them there is always the resource of defaulting on the contract. A particular stock or particular com modity of limited supply may thus be cornered to the profit of the cornerer, but one of which the supply as well as the demand comes from multitude of sources la beyond the control of any human being or combination of human beings. Wheat, for instance, as was shown last December, can be gathered in from thousands of producers who waited only for the stimulus of a high price to pour their hoards into the market, and on the other hand the consumers of it are always, as has been shown, at liberty to consume some other kind of food, and usually do so when its price is high.

Corner that Collapsed. The most notable instance in recent years of the way in which a corner of any article of extensive use in defeated of its purpose by the spontaneous combination of consumers against it is that of the great European copper syndicate of 1887-9, the manager of which WAS Monsieur E. Secretan of Paris, and whose Anancial backer was the bank known as the Comptoir d'Escompte of the same city. Observing that copper, which previously had sold at the level of about £80 per ton, had, in consequence of the new supplies coming from the United States, Australia, Japan, and Chill, fallen to about £40 per ton, while at the same time there was a prospect of a greatly increased demand for it for electrical machinery and conductors, Monsieur Secretan conceived the idea that by cornering the supply the price could be raised so as to yield an immense profit. Formed a Syndiente.

He succeeded in forming, to put his Idea into execution, a syndicate, which, in Oetober, 1887, made contracts with the principal copper producers in the world for their tire product, and then began Its operations. The price of copper was at once more than doubled, sales having been made before the end of 1887 at slightly over £85 per ton. All through 1888, and until March 1, 1889, the price was kept at about £80 per ton, but in March, 1889, the crash came. The syndicate was loaded with 180,000 tons of copper on hand and 325,000 tons deliverable to It, for which there was no sale, and the Comptoir d'Escompte suspended payment and its manager committed suicide. The syndicate, having no means of raising more money, necessarily failed to take the copper for which it had contracted with the copper producers, a panic in the copper market ensued, and the metal tell on the 18th of March to £35 per ton, recovering to £40, the loss to the syndicate on its actual holdings being £5,000,000, and that on its contracts £8,000,000, making its entire loss £13,000,000.

The cause of the catastrophe was the usual one of a production exceeding the estimate of the syndicate, and a consumption falling short of even that estimate. Made a Miscalculation. The syndicate counted upon a world's production of only 260,000 tons, whereas, at the end of seventeen months, the surplus alone of production over consumption was over 500,000 tons. Every mine which had been closed when copper sold at £40 per ton was reopened when it rose to £80 and upward, and consumers who had been buying at £40 stopped buying long before it got to £80, and, either ceased operations, or used in them old copper and metals other than copper. Thus, even if the syndicate had been able to go on indefinitely cornering the supply, it could not have created a demand equal to it, and the longer the corner continued the more disastrous would have been its final collapse.

It may be asked why the Standard Oil company, which is said to have a permanent corner in petroleum, and the American Sugar Refining company, which is said to have like corner in refined sugar, do not suffer the fate of other cornerers, but, on the contrary, are extremely prosperous. The answer that these companies have never sought raise the price of their product above that to which would naturally prevail if they did not exist. Their prosperity comes from economies in production which their immense operations enable them to make, and from the suppression of a competition which formerly caused wildly fluctuating market, and at times reduced prices below cost. Should these companies ever attempt to make a real corner, and to raise prices above their natural level, they would inevitably invite new competition, check consumption, and ultimately suffer the tate of the French copper syndicate. MATTHEW MARSHALL.

TO ENTERTAIN PRINCE ALBERT. Mrs. Potter Palmer Making Extensive Preparations at Newport. Special Dispatch to The Inter Ocean. NEWPORT, R.

June -Newport is to be called upon early this summer to entertain titled foreigner in the person of Prince Albert of Flanders, who is expected to arrive with his suite of ten on Friday night. Extensive arrangements are being made for his entertainment. While in Newport the Prince will be the guest of Mrs. Potter Palmer, at "Freidheim," who will have a large house party in his honor. Miss Julia Dent Grant, daughter of Colonel Fred Grant of New York, will assist in the entertainment of Mrs.

Palmer's guests. There will be dinners and dinner dances, and Mrs. Palmer left for New York tonight to procure extra furnishings for her villa. STEAMER HIT THEIR SKIFF. Three Men Jump Oyerboard ip Fright and Drown.

Special Dispatch to The Inter Ocean. BUFFALO, N. June the steamer Fletcher was picking up her consort behind the breakwater last evening, she struck skiff containing three men. The men became frightened and jumped overboard and were drowned. Their action was uncalled for, as the skiff was not even swamped.

New Corporations in Michigan. Special Dispatch to The Inter Ocean. LANSING, June -The following corporations fled articles of association with the secretary of state during the past week: Mount Clemens Gas company, Mount Clemens, Hawley Driving Park and Fair association, Hawley, Detroit, Plymouth and Northrille Railway company, Plymouth, 000, Richmond Iron company, Negaunees, 500; Vulcan, Silicon-Iron company, Iron Mountain, Findley Gas company, St. Louis, Ptoneer Hall company, Cassopolis, Banner Laundry company, Kalamazoo, Ives-Rapp Manufacturing company, Dearborn, Briggs Cooper company, Saginaw, 000; American Jewelry company, Grand Rapids, Bergeron Medicine company, Owosso, $5,000. The Arnold Mining company increased its capital stock from $1,000,000 to $1,500,000.

ESTABLISHED 1802. WEARE COMMISSION COMPANY, GRAIN, PROVISIONS STOCKS. Customers' room with continuous quotations and a Old Colony Bullding, 2d Floor, Dearborn Van Buren Sts. GRAHAM SONS, BANKERS, 134 4 W. Madison Street.

for 1 Safety Deposit Boxes 83.00 0 per year. Money to lean on real estate. First mortgages Open 4. m. to 8 p.

m. Illinois Crust Savings Bank La Salle and Jackson Streets CAPITAL AND SURPLUS $4,500,000. NTEREST ALLOWED ON DEPOSITS IN BANK ING AND SAVINGS DEPARTMENTS. BONDS Government, State, County, City and choice Railroad bonds bought and sold. FOREIGN EXCHANGE Letters of Credit, Drafts, Postal Remittances and Cable Transfers.

TRUST DEPARTMENT Acts as Administrator, Executor, Guandian, Conservator, Assignee, Receiver, Transfer Agent and Registrar; makes Investments and acts as agent in the coliection and disbursement of Incomes. Trust funds and trust investments are kept separate from the assets of the bank. SAFETY DEPOSIT VAULTS 3 EDWARD L. BREWSTER CO. Stock Brokers, 209 La Salle cor.

of Adams St. Members New York Stock Exchange. Members Chicago Stock Exchange. Members Chicago Beard of Trade. MAINE MILMINE, BODMAN CO.

General Commission Merchants, Grain, Provisions and Seeds. Receivers. Shippers and Exporters. DEALERS IN PROPERTY FOR FUTURE DELIVERY. In Direct Cable Communication with Leading European Markets.

70 BOARD OF TRADE, 401 PRODUCE EXCHANGE, CHICAGO, ILL NEW YORK. DO YOU DESIRE TO INVEST IN Grain, Provisions, Stocks, Bonds, or Cotton? Then write us, We are Members CHICACO BOARD OF TRADE, Stock Exchange, and have Private Wires to All Exchanges. YOU CAN MAKE MONEY By careful, cons prative investments. Send for our Investor Guide and daily market letter, mailed free. EstabC.

A. WHYLAND CD. lished 10 Pacific CHICAGO. Ground Floor, 1880. L.

DEWAR Bankers and 151-153 Washington CHICAGO. GREENEBAUM SONS BANKERS 83 AND 85 DEARBORN STREET. Money to Loan on Improved Chicago Real Estate at Lowest Rates. BUILDING LOANS MADE, Branch Investment and Banking Office, 115 Monroe-st. near Dearborn F.

G. LOGAN Trade, Chicago. MEMBER New York and Chicago Bonds, Stocks, Stock Eschanges Provisions, Chicago B4. of Trade. Grain.

VERY LOW RATE MONEY TO LOAN. Bullding Loans. KNOTT, EWIS 95 DEARBORN OANS At low rates on Chicago Real Estate. E. A.

Cummings Co 8. W. Cor. Washington and Dearborn St. PROPOSALS.

CHIEF Q. CHICAGO, JUNE OFFICE Sealed proposals, in triplicate, will be received at this office until 11 o'clock a. June 6, 1898, for turnishing 25,000 pairs of Suspenders of suitable quality; 50,000 to pairs Shoes Standard: conforming 25,000 as nearly as practicable Army Wool Blankets, 10,000 Shelter Tent Halves; 100 Hospital Tents, with dies; 500 Wail Tents, 2.000 Common Tents. All tents complete with poles and pins. Full information may be obtained on application to the undersigned.

F. B. Lleut. Col. and Chief Qr.

U. 8. Vols. OFFICE CHIEF QUARTERMASTER, May 7, 1898. Sealed proposals, in triplicate, will be received here until 11 o'clock a.

Saturday, June 1. 1598, and then opened for turnishing drayage required by the Department in this city during the fiscal year commencing July 1, 1898. Government reserves the right to reject any or all Information furnished on application. Envelopes containing proposals should be marked "Proposals for Drayage," and addressed to F. B.

JONES, Q. M. OFFICE OF June CHIEF 1, 1805. Sealed QUARTERMASTER, proposals wall CHI- be received at this office until 12 o'clock noon. on 6th for the delivery from time to time of the Oats required at this station during the balance of this month.

Total quantity estimated at 30.000 pounds, Further information on application to the undersigned. F. B. JONES, Lieut. Col.

and Chiet Vols. OFFICE CHIEF Sealed Q. proposals, ML, in CHICAGO, triplicate, ILL, will JUNE be received at this office until i1 o'clock a. June 6, 1898, tor turnishing 5,000 Cork Helmets, Army Pattern. Full information may be obtained on appilcation to the undersigned.

B. F. JONES, Lt. Col. and Chief Qr.

Mr. U. S..