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The Daily Citizen from Iowa City, Iowa • Page 1

Publication:
The Daily Citizeni
Location:
Iowa City, Iowa
Issue Date:
Page:
1
Extracted Article Text (OCR)

ro -'-i''JW" BE 1 -v ill ISiv hr V'ti Jb ISg s.W S3? COPY, THREE CENTS. I isSsJfXMvrsi VOLUME IL IOWA CITY, FKIDAY EVENING, JUNE 2, 1893. A Is Seldom Obtained by Badly Dressed Man. People judge him by hia clothes. It isn't fair, sometimes, but it is a fact nevertheless.

A BROKEN BANK. of the Planfcinton at Milwaukee, Unable to Recover from the Effect of the Lappen Failure It Is Forced to Close. AT A DISADVANTAGE And go poorly dressed when we will sell you Suits in the latest patterns and designs at so low a price that you cannot afford to wear your old clothes. We cany the largest line of Trunks and Valises in the city and at the lowest prices. Coast Easley, THE AMERICAN CLOTHIERS.

A FATAL BLAST. A Mississippi Town Is Destroyed by a Cyclone, Many Buildings Demolished and Lives Lost at Rosedale, Storms Elsewhere. KILLED DT A GALE. ROSEDALE, June --One of the most destructive cyclones ever kfaown in this section passed over Rosedale Wednesday afternoon. At 3:45 p.

m. a very dark, funnel-shaped cloud, fringed with white, appeared in the southwest, and in five minutes a dense roaring could be heard and the was soon filled with trunks, tree tops and leaves. People rushed to shelter. By 4 o'clock the cyclone in all rta fury struck the town amid the falling of trees and crashing of buildings. Rev.

W. L. Bowdre and wife (colored) were Their babe uninjured. Tt is reported that three other lives were lost. Six persons were badly injured.

Nearly every business house in town and many fine residences were totally or partially The beautiful Methodist church is completely demolished. There are also twenty-three negro houses blown down. There is sjcareely a tree left standing in the city. G. Wingfield, editor of the Bolivar County Review, was caught in the cyclone and blown a hundred yards away and escaped unscathed.

One Men Drowned. June of the most disastrous and destructive wind and rainstorms known for years struck this section Wednesday morning and continued throughout the day. The destruction to crops, buildings, will be enormous. The saw- era on Main street became ob- atrueted, flooding business houses and converting that thoroughfare into a roaring torrent and sweeping away several bridges. Robert Swett fell into the Main street flood and narrowly escaped drowning.

Jack Morgan and son attempted to ford a stream and Morgan was swept away and drowned. The Illinois Central track is washed out at Oakfield bottom, 12 miles south of here. The track is covered with blasted trees. Special working trains were sent to that point and Owin to work on breaks. The river is higher than was reported in 1886, and is sweeping all before it.

Another break has just been reported just north of Bradford and all traffic will be suspended. ThrM Drowned PABUCAH, June windstorm struck Paducah Wednesday morning about 11 o'clock and for one hour buildings rocked and cracked if about to fall and engulf their terrorized occupants. Two wharf- boats went ashore on the Illinois side. At Brooklyn, HU miles down the river, the damage to boats heavy. The Dick Clyde was pieces, part of it sinking and pan neat- ing down the stream.

The towboat Camasco was driven ashore and sunk. It will be a total loss. The towboat Fannie met with the same fate, but probably she can be raised. The value of the three boats is $7,000. About twenty barges, mostly loaded with lumber, were torn to pieces and sunk.

The total loss of floating craft at Brooklyn will be about 135,000. At Smithland, 13 miles up the river, the courthouse and seven churches were unroofed. So far as is known at present only three lives were lost on the river, and tbe names of the unfortunates are unknown. They were observed in the middle of the river towing a yawl toward the Kentucky shore when the boat capsized and its occupants were not seen again. It is impossible to ascertain the result of the tornado's work in any of the neighboring towns at present.

All the wires are down and trains are delayed in every direction. from a Broken Dam. FEBQUS FALLS, Jane 4 o'clock a. m. Wednesday the east 50 feet of the Page milldam gave way.

This dam is situated 2 miles above the city and is the first in a series of five. The water in the Page pond, which is very large, with 16 feet head, rushed, into the pond of the eity power company, a mUe below, carrying out the north end of this dam and letting the river under A. H. Kirk's flouring mill, which was badly damaged. This power Is owned by Samuel Hill, J.

M. Griffin and other Minneapolis parties and furnishes power and water for city waterworks. The waterworks were left without power and the supply of water is meager. Death and Destruction In Arkanww. HOPE, June county was swept by a terrific storm of wind and rain Wednesday afternoon, resulting in loss of life and great destruction of property.

County Assessor Stewart and two children are reported to have been killed in tbe collapse of their house. Many bridges and trestles along the railroads have been wrecked and several hundred feet of the Arkansas Louisiana railroad were washed away. The twin service has been abandoned. At Harrisburg the Cantly Lumber company's property was swept away. Among the injured "were David Robards, fatally, and Jacob Suede and wife, slightly injured.

Loss to property was torn to William Martin, southwest, had away. The entire from 2 to Bain and hail living 13 miles his farm washed country is wrecked miles southwest, both fell heavily. Judge Gibson's farmhouse, 8 miles south, was totally wrecked. At Guernsey half a dozen houses were blown down anJ many inmates seriously hurt. At New Leadville a destructive hailstorm did great damage to crops and residences and killed a large amount of stock.

It MB? Resume. WASHiHGTOir, June Eckles has granted formal permission to the Capital national bank of Indianapolis to resume boainess. SERIOUS CRASH AT MILWAUKEE. MILWAUKEE, June Plankin- toubank closed its doors five minutes past 10 o'clock a. m.

At that hour the following notice was tacked to the front door of the institution: "Owing to the failure of our efforts to reorganize the bant and to tbe continual withdrawal of deposits, we hare thought it beat for the Interest ol all depositors and stockholders to close the bank. PL AN KIN to sr BASK." ae a SurprUe. The suspension was not only a surprise to the public, but was in the nature of a surprise to the bank working force. The question of reorganization had been practically settled, and as late as last night it was understated by those interested that the new deal would go through. Local capitalists, George Brumder and John were to become identified with the new institution, and it was expected to complete and announce the deal daring the morning.

Shortly, before 10 o'clock William Plankinton walked into the bank and stated that nothing further could be done and that the bank would close its doors. Bfanj Accounts Withdrawn. There has been no regular run on the bank of late. Since the scare of two weeks ago, however, the large depositors who did not take part in the run that occurred at that time had been steadily withdrawing their accounts from the Plankinton and transferring them to other banks. Many accounts had been withdrawn through the medium of the Milwaukee clearinghouse Due to Happen Fallnrr.

The suspension is largely due to the failure of F. A. Lappen Co. and the Lappen Furniture company, two weeks ago, with liabilities that will probably amount to three-quarters of a million, when tlje worst is known. The Lappen firms, so far as claims have been recorded, owe the Plankinton bank $219.000, and this sum is due on Mr.

Lappen's personal notes, which are considered to be practically valueless. The Lappen inventory shows the estimated value of the latter 1 a stock to he $208,888. But the stock will not bring a sum anywhere approaching this figure, and ahead of the Plankinton bank claims are others amounting to over $100,000. The outlook for the Plankinton is, therefore, not favorable. How Lappen succeeded in placing the Plankinton bank in the position in which it finds itself is a mystery.

He secured loan after loan of $10,000 each from the bank, even after common rumor said Lappen was not wholly sound. There are many sensational stories in circulation regarding this matter, but none that can be verified. The facts will doubtless come out now, and will form an interesting story. It is said that at the death of John Plankinton Lappen owed the Plankinton bank the sum of $75,000. William Plankinton entered a protest against this, and Lappen was pushed to extreme measures.

Since that time all that took place in the bank is a close secret. Conferences were held behind closed doors, but Lappen always walked out with his pockets full of until he owed the bank $330,000 --a larger sum than one man ever obtained on like security in the history of the banking business in the west- One of the strangest phases of these recitals is the secrecy of appen's indebtedness. Although he owed a fortune to the Plankinton bank this fact was not known to any other bank in the city. There was no report of it in the commercial agencies, and nothing could be learned on inquiry. Condition of Bank Unknown.

The condition of the bank at the hour of the suspension cannot be learned. It is believed that the showing will not be a satisfactory one. William Plankinton, vice president, said he could not tell how the bank stood or what would be done. Forerunner of toe Dlwateir. A heavy run on the bank followed the Lappen failure on May 12.

It waa freely predicted on the morning of May 13 that the bank was going to smash and when the doors were opened a great crowd rushed in to draw out their money. The banka officials had made rapid preparations for the run. The available collateral was used in increasing the amount of cash on hand and a sensational trip was made up from Chicago with $100,000 of the Plankinton's funds which bad been on deposit with the Continental bank of that city. The trip gave rise to the story that Philip D. Armour, out of consideration for an institution named after his old friend and partner, John Plankinton, had sent up $1,000,000 to withstand the attack of the frightened depositors.

This story had more to do with allaying the excitement than the actual facts would have had. It obtained wide circulation and, although it was denied by the packer, the denial did not reach Milwaukee till too late to destroy its effect, and at the close of banking boors it was be- lieved tnat te run was-over. dence was further increased by a resolution of the Milwaukee clearing house banks offering assistance if any were required, but it was reported that tht Plankiaton had not asked for any assistance and was in position ta pay all claims. Color was given tc the claim of its soundness by a waiver of the legal right to demand notice of withdrawal of deposits, which had been claimed in the early stages of the flurry. The cashiet stated on the evening of May 13 that it had $900,000 available with which to pay claims, including the $100.000 carried from Chicago and $300,000 offered by the Clearing House association on the bank's paper gnaraut eed by the rectors.

Beflponstble. President Frederick T. Day, who now a physical and mental wreck, is responsible for the failure. While no statement of the affairs of the Plankinton bank has been made public, the general fact is known that President Day loaned Lappen $319,000 of the bank's money, or 119,000 more than the bank's capital stock; also that Lappen's entire available assets, against which there are other chums besides that of the Plankinton bank aggregating: more than $300,000, are only $310,000. Planklnton Made AMlgnee.

Late in the afternoon the bank made an assignment, the court appointing William Plankinton assignee. His bond was fixed at $1,000,000, which was immediately furnished. The sureties are Congressman John Mitchell, David Ferguson, vice president of the Wisconsin Fire and Marine Insurance bank, and Charles Ray, president of the National Exchange bank. BRIGGS BRANDED. The Presbyterian Assembly Convicts Him of Heresy, Refusing Recede from His Position, the Body Votes in Favor of His Suspension.

FOUND OUILTV. WASHINGTON, June step has been made by the general assembly' In convicting Prof. Briggs of heresy. Late Wednesday night it sustained the appeal from the New York presbytery by the following vote: To sustain, 398; to sustain in part, 85; total, 383; uot to sustain, 116. The action of toe assembly was reached after many weary hours had been taken up by the commissioners in explaining the reasons which would govern their votes.

Status of the Caw. The status of the case may be explained in this way: The New York Presbytery acquitted Prof. Briggs of various charges. An appeal was taken against that to the general assembly. The general assembly first WARNED BY BLOUNT.

The United States Minister Informs That, Whfle Not Interfering In the Factional Fight Tor Supremacy In the lalandi Will Protect In All RlgMa. HONOLULU, May steamer Australia via San Francisco, May situation is at present more interesting than for several months and the whole town is agog with excitement over late developments. First came the arrsat of Messrs. Bush and Kenyon, editors of native papers, the Holomua and Liberal, on the charges of libeling the provisional government and Minister Stevens; then the publication of Dec- retory Gresham's instructions to Commissioner Blonnt, and later the warning to annexation ists that they could not depend upon help from the United States in case the royalists attempted to reinstate their queen; then followed the news of Blount's appointment as United States minister to Hawaii, and finally came the attempt of the provisional government to silence Charles Nordhoff, correspondent of the New York Herald, and Mr. Blount's interference in his behalf.

All sorts of alarming rumors are afloat, and even Minister Blount, who all along has predicted that there will be no trouble, is not now so confident. The provisional government, although it does not look for any disturbance, is strengthening its position and claims to be able to hold together lor several years until a new administration, if annexation is refused by Mr. Cleveland. May 15 Commissioner Blount gave out for publication his letter of instructions from Secretary Qresham. The instructions are voluminous, and request Col.

Blount to investigate the condition of affairs on the Hawaiian islands, and finally says: "Your authority Jn all matters touching the relations rf this government to the existing or other government of the Islands and the protection ol our citizens ts paramount, and in you alone, acting In cooperation with commander of naval forces, is vested full discretion and power to determine when such forces should be landed orwiindranru." Among other things seated by Secretary Gresham are that Minister Stevens be instructed to furnishCol. Bloun with needed assistance, and that he (Stevens) would perform the usual functions of the minister until relieved; that, while the United States claims no right to interfere in the internal conflicts, this government will adhere to its consistent and established policy and it will not acquiese in domestic interference by other powers. At the end of his instructions Col. Blount added in the publication the following postscript; I shall refrain from Interference be tween conflicting of whatever nationality, foe supremacy, I will protect American citizens not participating in ouon conflict" Those few lines created great excitement, as they were regarded by all as a plain invitation to the royalists to make trouble. The royalists, however, say they are not now prepared to take advantage of Mr.

Blount's notice, bnt will await the decision of the United States. If the islands are annexed they and the queen submit to the inevitable and become good Americans. If the islands are not annexed, as the royalists firmly believe they will not be, then there may be trouble. May 17 news of Col. Blount's appointment as United States minister to Hawaii arrived.

Col. Blount immediately took the oath of office and entered upon his new duties. He, however, will not accept the position permanently, but will ask to be relieved as soon as practicable. The appointment is apparently satisfactory to both parties here, as he is regarded as perfectly impartial. Hia work as a special commissioner is completed and the report has been forwarded to Washington.

BulneM Transacted In Both 1 SPRINGFIELD, 111., June 3 house on Wednesday the Nohe railroad bill was defeated, and house has declared that Jthe limit on life lost by accident must stand. Action on the bill was the legislative sensation of the day, the session having continued until after 6 o'clock. The vote Yes, 49; nays, 61. The bill to repeal the act of two years ago giving women the right to vote at elections for school districts was defeated. SPBIICGFIELB, HI, June message from the governor was laid before the bouse calling attention to the crowded condition of the court dockets in Chicago and recommending an increase of the judges and the appointment of a commission to revise the statutes of the state.

The house considered the senate general appropriation bill. In several instances amendments were adopted reducing the amounts voted by the senate. In tbe senate a motion to non-concur in the committee's adverse report on the bill to regulate stock yards was lost. The bill establishing a. state reformatory for 'girls, and appropriating $75,000 therefor, waa sassed.

The bill to establish an insurance department and for the appointment of an insurance superintendent was passed. The bill to protect employes and guarantee their right to belong to labor organizations was read a third time and passed. The bill makes it a misdemeanor for any member, agent, or em- ploye of any corporation to- coerce or attempt to coercfe any employe Jby discharging or threatening to discharge him because of his connection with a labor organization. The bill provides a penalty of $100 or imprisonment for not more than six months or both in the discretion oE the court. PROF.

BKiees. decided that it would entertain the appeal regardless of the fact that the appeal was taken over the head of the New York synod. Having entertained the appeal it has been listening to arguments by the prosecuting committee and by Dr. Briggs in his own defense. Wednesday night it voted viva voce on the various specifications of error alleged against the Hfew York presbytery and upheld all but two which were unimportant as affecting the main question.

Then, on a roll call tt sustained the appeal as. a whole with the two exceptions. To Fix ft Penalty. Practically this amounts to a condemnation of Prof. Briggs on all the charges brought against him.

Actually, however, this condemnation is not to come. Under tbe ecclesiastical procedure the moderator was instructed to appoint a committee which shall report to the assembly the forms to followed. The New York presbytery acquitted Dr. Briggs The action of the assembly in sustaining the appeal from that acquittal is not a formal reversal. The committee named by the moderator will report the method of giving effect to the judgment which the assembly has rendered in sustaining the appeal.

The Sentence. The committee appointed to fix upon Dr. Briggs' sentence have agreed upon their minute. It is understood that Dr. Briggs refused to make any compromise, and that the committee will recommend that he be suspended.

WASHINGTON, June general assembly at p. adopted the report of the committee suspending Dr. Briggs from the ministry of the Presbyterian church. DRIVEN KENTUCKY'S BUILDING. BACK BY REMORSE.

Bank Wrecker Comes from Brazil to Surrender. PHILADELPHIA, June M. McFarlane, bank wrecker, surrendered himself to the authorities Wednesday morning. An hour later he was riding in a prison van to the Eastern penitentiary to serve a term of four years' imprisonment. McFarlane was president of the American Life Insurance company and prominent in both the political and financial world.

He was a state senator, whose voice was always raised in behalf of political reforms. He bore the best of reputations until three years ago, when, accompanied by his wife and child, he fled to Brazil. His sudden departure was due to the discovery that he had completely wrecked the American Life and also pulled down the Bank of Jamaica, which had close business relations with the insurance company. McFarlane returned to this country thirty days ago. Wednesday he walked into the district attorney's office and announced that the pangs of remorse had become so greal that any punishment he could receive would be trifling compared to his suffering as a fugitive and outcast.

He had no plea for mercy. Held Irresponsible far HU LoSDOir, June Townsend, the man who was arrested in Downing street on suspicion of intent to nrardei Prime Minister Gladstone, was pu on trial at the Old Bailey, and found irresponsible for his actions. The judge thereupon ordered that Town send be confined during her majesty's pleasure--the usual order in the case of persons held to be irrespon on the ground of insanity. The Home Gram faction Park Dedicated. CHICAGO, June 3p.

m. the Kentucky state building at the world's lair grounds was formally thrown open to the public. A large crowd attended the ceremonies. The members of the Kentucky Press association attended in a body. Hon.

H- Delaney, president of the Kentucky state board of commissioners, made a speech tendering the building: to the state of Kentucky. A brief re-'' sponse was made Gov. Brown accepting the building and turning it over to the public. The address of the day was made by Col. W.

0. Bradley. After the dedicatory services were over Miss Enid Yandel's statue of Daniel Boone was unveiled on the porch near the main entrance. Mall Bobbery ta Canada. KisresroK, June of the most daring mail robberies ever known in this district was perpetrated Tuesday night at the lower Grand Trunk; depot by crooks on their way to tho world's fair.

In the absence of the of- Lcials they broke into a room contarn- twelve mail bags packed with let- ers and papers. They had no use for rdinary correspondence, but carried iff the contents of twenty-six regis- ered letters which contained over No trace of the robbers could be secured. Justice Field Will Not Retire. WASHINGTON, June Field, of the supreme court, denies having now an intention to Tne justice: that while he has contemplated re-. tirement, the retirement will not occur so long as he has strength to stand up a the arduous labor imposed upon him.

Set the Mine on Fire. June a storm lightning struck the top of the shaft of the Farmer's mine and set it afire. The flames spread to the adjoining buildings and the entire plant waa destroyed. The loss is and 200 men are thrown out of employment. One Man Killed.

COUNCIL BLUFFS, Ia, June A freight train on the Burlington road rashed into motor train No. 5 at the crossing of Main street at 3 o'clock Wednesday afternoon, resulting in the death of one person and serious injury of five others. The man killed was B. F. Holmes, bookkeeper for Aultman, Metier Co.

BtulneBB Failure at Montreal, MoxTBEAt, June Alfred H. Wilson, trader, doing business as Wilson Frost, has assigned. Liabilities secured, unsecured, $121,914. The assets consist mainly of real estate in various parts of the city. to the nt PHILADELPHIA, June 2.

Knights of Pythias supreme lodge loses 170,000 by the action of Supreme Master of the Exchequer Willey. He wUl be dishonorably discharged at the meeting in Chicago June 10. An Arkansas Bank LITTLE BOCK, June The White County bank at Beebe waa placed in the hands of a receiver Wednesday afternoon. The liabilities are $35,000, with scarcely any assets to meet them. BxprMfl Safe Bobbed.

June United States and Pacific Express large safe at the depot was opened late Wednesday night by experta and robbed of WOO, besideB many order books. 51 FWSPAPFR flRCHIVE' NEWSPAPER I.

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About The Daily Citizen Archive

Pages Available:
1,570
Years Available:
1892-1901