HomeMy WebLinkAboutThe Blyth Standard, 1902-09-18, Page 7R 8ENEHALS
Nil DIFF1DENT
Long List of Requests Made
to Chamberlain.
. 01„ONIAL SECRETARY FIRM
d orltate Was Generotts, But There
Were Limits Even to Ilrr Magna-
nimity -Foreigners and Dloloy-
la�`
-allots to be Secluded -Martial
aa� Law Not for !mug.
eetendon des)itelt: a Int rtlitmrut-
e 'aey°-paper Limed thls morning gives
a full report of the recent confer-
* iltiefie between Colonial Secretary
Cittgageriala and the Boer Ueierats
IBdteta, DeeVet and Detnrry. Prior
Ito atereeftig to the interview whah
the Boers asked for August 20th,
• ithe Colonial Secretary requested a
list of the subjects which 1t wee
desired to disouse, and the generals
forwarded a list of subJects includ-
ing the following ;
Complete amnesty to the rebels.
A' yearly grant to all Boer wid-
Olee and orphans and maimed bur-
ghers.
Leval eights ter the English and
Dutch langtutges in the schools and
courts,
That equal eighth] with the British
be conceded to burghers complying
with the tertas of surrender, includ-
ing the right to return to South
Africa.
The immediate release of all prl-
souers of tear.
The rettetatement of the offi-
ciate of the late South African re-
publics' or eompetsattun for their
lose of office,
l;ompeneatlon for all loss cc-
egllpned by the Brltie) troops by
Vol SW. removal, burning or destrue-
teopeby other means of all private
pideerty.
The rebietatement ot the Burghers
in the ownership of their faring con-
ftseated or sold ander the procl:una-
u o Aug. 7, 11)01.
,Cofnpeneation for the use of the
propertbea ot Burghers taken by
;the Bretletl authorities.
Payment of the lawful obligations
;r of 11.
d Ikte South Africen republics,
toclu lug those incurred during the
war.
The rescission of the deele)on to
add a portion of the Transvaal to
Natal.
Oranttng an extengton of the time
for the payment of all debts due
by the Burghers of the late Gov-
eramea'je of the South Af r;oan Re-
plibBMDoee.
Chamberlain Surprised.
Mr. Chamberlain, In replying, ex-
pressed great surprise at the num-
ber and character of the propoo-ale,
ta464 ogt that the conditions
at Yreenlmgtng were duly
spby the Burghers and the
tish government, and that they
kl not be re-upened nor could
p�roposals rejected at that time be
' again dismissed. If the interpreta-
d of the agreement was open to
question His Majeety'e Government
would endeavor to remove any ob-
i/tettone.
Would Abide by Terms.
At the openttig pt the conference
'flld Boer generate disclaimed any de -
Mee to alter the terms of eurrender
' let any way. On the eubjeot at am -
obey to rebels, Gen. Botha express-
ed disappointment that after the
promise given by Lord Kitchener, the
retell bad not been granted ane
l testy at the time of King Edward's
coronation, in reply to which Mr.
gChreneberlale promised tbat the Im-
' pg s t(i$,rbrament would not ldn-
deii•• any generous intentions of the
;meats of Natal and Cape
?,11* Vegard to rebels.
To htclude Uleloyul.
As to the return of burghers to
38outh Africa the Oolonlal Secretary
area tt was the Uovernment'e te-
te* to Main the right to pre•
kr.
Teat the return of disloyal persona
who had not frankly accepted the
terms of peace, instancing former
State Secretary Reitz, of the Trees-
•, Taal, ae a case tn, point, and saying
that Mr. Reitz was uetng language
a, on the continent Inconsistent with
tthe deoteration he had signed
at , Vereealfglag.
gen. Bathe said he hoped "The
ADO of one man would not be vle-
ited an (there," adding: "If one man
Jaye foolish thlage, let him suffer
!thantor, alone."
Mr. Chamberlain informed the gen-
erals that there was no truth to the
report that the Government Intends
to sell farms belonging to burghers.
Rewarding some farms .old in the
Orange River Cottony under the pro-
olamatieno ot Aug. 7th, 1901, Mr.
Chamberlain promised that the farms
bought by the Government would be
retrains/erred to their former own-
ers.
Oen. Botha crittetzrd the composi-
tion of the commission appointed to
allot the grant of $15,000,0000 for the
purpose of assisting burgttere and
ISM', families to return to their
homer, and for re -stocking their
farms, tic., and objected to National
Al serving no eommieslonerd. But
Cbeatbertaln maintained that the
CTotveenment must be true to those
wfm supported It.
Will Leave Natal,
Rofdtive to the transfer to Natal
of part of the Transvaal, Gen, Botha
will the burghers proloses! to trek
devilries. Ile lived there, lot he eew
txo clutooe of remaining, the feeling of
the British in Natal being ea gtrongly-
until-Sown
On the suliat of martial law, Ate.
Humbert/aniline it would not be con-
tinued emelt longer. The Colonial See-
n tory refused to recognize ne burgtt-
rra foreigner% who had been natur-
alised during or jut before the war,
wising they had been bribed by the
revolution or tae volkerand giving
theme burghers' rights ne n reward
for talking part in the conflict, in
%Odell they were toot concerned.
Britain Was Generous.
Oen. Botha concluded with an ap-
peal for the widows and orphans, and,
NOW be considered that the appro.
priation of :f13,(00,000 was inmate
qua te.
Replying to this Mr. Clutielrerlaln
compared Great llrlttlnet treatment
of the Bortre with the trratmant of
the South by. the North after the
Ctvtl War In America.
"I would remind the General," said
Mr. Chamberlain, "that we have use
deritlken already more obligatlone
than have ever before been under-
taken under similar ctrcumetances.
To take one cane in not time: I
recollect very well the greet civic
war lit Atuerloa, and I appeal to
that beatese that Maude out no a
ease In which more than ever be-
fore, or Indeed ever since, the vic-
tor, the conqueror, shower 0 mtgna-
nimoue and generous feeling to tits
oenquered. There Waw good reason
for this, because they were broth-
ers of cite anew race, of the same
religion, the Dante In everything. Ib
was a civil war, but even In that
case the northern side, that is to
Kay the victorious side, made no
provision whatever, either by way
of grant, pension or allowance to
the people who bud been wouadel,
to the sldo that, had been conquer-
ed. They gave :hent their Thea
and their Insert les, and Ina pollee of
ten years gave them totes, butted
not give them Any money compensa-
tion. But we have gone a step be-
gone( t1'at, because w -e hiave con-
tributed in addition to all our own
enormous expenses a very large sum
to relieve those who are really des-
titute In our colonies. %,e have done
more Mut I think were expected, and
we have done all that we Dun afford
todo, and I think It will bo un ieelr-
able for the generals to press us any
farther In thin matter, either now
or In writing."
Continuing, Mr. Chamberlain re-
ciprocated the desire exercised by
Gen. Botha that they hhould althea
10 ueity in the future in South M-
elee.
' We want In thte country," ea'd the
(:otonlal Secretary, "to
Forget and Forgive
because tf you think as you well
may, that you have something to
forgive, we oleo think we have a
great deal to forgive. But we want
to put all that on one s:de. The
war to over. We eneh fought
ae well as we knew how,
and now there Ito peace. All we
want le to recognize you ae fellow
eubJiete with ourselves, working no
we shall work for the prosperity
and liberty of South Africa. How
great that liberty te, and how soon
complete self-government will be
extended to South Atr:oaa depends en-
tirely upon the rapidity with which
the old animoeitiee die ont."
Mr. Chamberlain concluded with
saying that the Government would
bo glad of the co-operation of teen
like the Generals who had loyally
accepted the new situation. As
they wanted South Africa to be a
happy abiding place for all, he felt
sure that if the Burghers met the
British half way they will find them
quite as good friends In future ae
they had been loyal enemies to the
past. ,
FARMERS COMBINE
To Protect Their interests Against
A:noruachuseut.
,At a meeting held In the Temple
t:utldtng, T,.eronto, oneday haat week,
with C, A. Mallory, Cobourg, lar the
chair, and Air, W. L. Smith, editor of
the Weekly San, acting ae Secretary,
preliminary steps were completed
for the organisation of "Tho Farm-
ers' Association,' ae it will be styled,
the membership fee being fixed at
one dollar per year. The objeots of
the organization are beet explain-
ed, perhaps, by the following resolu-
tion. moved by Mr. L. E. Annie, Scar -
bona', seconded by Mr. J. Stratford,
Brantford, and mimed in the earlier
stages of the meeting: "That, while
deeming it inadvlsable to establish a
polttical party, we believe it Is for
the welfare at the country that
there should, be an, organization
ready to bridg its influence to bear
to secure end promote the interests
of the farmer le matters of legisla-
tion and otherwise, and that we
now proceed to establish such an or-
ganizatlonP
The following resolution was moved
by Iilr. F. Hush, Mtddlemarch, secon-
ded by Mr., D. D. Rogers, ex-M.P.,
Kingston, was diecueeed at length
and Greatly dropped, the meeting de-
ciding that for the present organ-
isation wee the paramount question:
"That this meeting enters its pro-
test against any Increase In the tar-
iff, and deofares that a tariff for re-
venue only is beet calculated to ad-
vance ttte general intermits of Can-
ada." A committee of fifteen was
then appointed with instructions and
powers to appoint an executive,
prepare a plan of organization, and
report at a meeting to be held at
the office of The Weekly Sur, Ade-
laide street west, Toronto, Wednes-
day morning.
A party of priests and nuns are now
on their way from Europe to Ile
street the Galician settlers In the
Canadian Northwest.
Will GONYROL
PAC[ING TRADEI
Mammoth Trust's Tentacles
Reach Canada.
SWIFTS IN THE DEAL
Greatest Combine Outelde of the
Steel Trust le Just Worming- How
the Stock WIll be Distributed--
By.Prodaets Also to be Curaered
-Allied interests May be Gobbled
Cifcngto, Sopt. 1:c. - The emote
Herald rays to -day -: Tho long ex -
meted merger of the great meat-
packing intereete of the United Shalee
wilt go Into active and open opera-
tion on tintnttiay, Sept. 27th, unless
there should be an entirely unlocked
for rhangu in the plans agreed upon
by all those coucorued In the deal
at a meeting held hero to -day. An
industrial combination, stewed only
to the steel trust In point of Inagua'
tulle and Importance, 1e therefore,
practically au accomplished fact.
Jteporte concerting tine actual
terms of the ounsuddatlon differ. The
most reliable light aped upon tee
eubJ.rt teas the plats outlined by
Boston nuthorlly, who vas posgrsutd
the most Weide Information about the
deal ever since Ile existence was
Ilrst rumored In the curly part of
last sprtttg.
Accortllug to tide eupert the new
packing combine is to be capitulin'tl
lit the rate of twenty-five times the
Mgt year's euruings of the constitu-
ent companies. For example, Cudahy
& Co, aro sail to have earned about
$8:0,000 in 1901, which would make
their share of the capital clock of the
merger $21,000,000. A 4 per ceut.
dividend that the neve coneolidailon
might be expected to decl ire would
amount to $510,000 on this lot of
stock, approximately its legitimate
earnings
On the basis of capitalization,
Armour & Co., wilese Inst year's
profits are supposed to have been
about $8,000,000, will receive $300,-
000,0001n the new, Hecate tico In ex-
change for the (Matinees.
Swift & Co. will receive $:10,000,-
000, their net earnings for the
past year probably not amounting
to more titan $2,000,000, by rea-
son o1 the fact that this concern
does not own its subsidiary oom-
pantes, ouch as car lines and eelliug
agencies:
Carrying out tits methal to the
end, the Schwarzchlld & 8ntzeburger
Co. will receive $8,000,000.
It 1. said that It is the undoubt-
ed determination of the consolidat-
ed meat interests to control nil of
the packing houses and stock yards
of the company and save every
possible dollar in the cost of man-
ufacturing and distribution.
In addition to tide, all by -pro•
ducts wall be absolutely controlled
and efforte made to buy tip indus-
tries that are closely allied to the
meat buelnese,
TRADE WITH AUSTRALIA.
If Creeds Weave 1t Her People Must
Send Goode.
Ottawa, Sept. 15.-(Sprotat.)-J, S.
Tarte, Conamen agent to Austral-
ia, reporting to the Department of
Trade and Commroe, teethe that
if Canadian firms wish to do busi-
ness ht Australia, they must have
their represehtnttiveaostabllely n) 00 -
ales ht the country, and where ()ee-
gible have these ugencles carry a
full Block. Every other nation, he
mays, lute done thte, and had secured
a foothold. Canada otnnot hope to
change this law of trade. The
agents meet bo on hand to take the
orders, and sec that the goods are
dellveret when whipped.
With reepect to the drought Mr.
Larks states that so far the con-
dition le escheated, and that there
has not been sufficient rain to af-
fect the crops. The consequence to,
there has been created a demand
for Canadian butter and Moo for
CanudLan No. 1 hand wheat. aethe
country otnnot grow sufficient
grain for their own uoo. He ad-
visee that the Government should
send some shipments of butter, at
their risk, In order to eetablioh a
market. Be alto advises that sam-
ples of western grain should be
forwarded.
BANK STOCK INVESTMENTS.
Some Figures of Interest to Caned -
i1111/1 cementite.
Lt view of the recent increase in
capital stock of establlohed banks,
and the formation of a new bank,
which, before commencing bmsinees,
has provided for a reserve fund equal
to iso capital, it 1s interesting to
auto the couree of prices of bank
Ntocke during the last five yearv. On
Sept. 2, 1807, the average price of
the shares of the Dominion, Toronto,
Imperial, Standard, Nava Scotia, Ot-
tawa and Hamilton Ranke was 199.
011 September 2, 1902, the average
price of these shares wag 240, or a
gate 1n price of 41 points, or over
8 points per annum. The average per
centage of reoerve to capital of these
banks, which are instanced because
of their beteg banks of moderate
capital, with high proportions of re-
serve to capital, wag, on. September
1807, 78.47 per cent., while on,
September 2, 1902, the proportion
was 0842 per eem't. It to, of course,
a factor in coneldering returns to
eharehtedere that all of those banks
have ghee valuable prlellt•geo lu
shareholders from time to time In
the way of pro rata lemma of new'
stock at prices considerably under
market quetatkrne.
In New; York results In this direr,-
tlott lair been most remarkable,
though, of couree, owing to the'
immense opportunities afforded be-
cause of dense population, the ex
perience of Net. York banks cannot I
be accepted as a criterion here.`
However, In New York, we recently
eitnessel the spectacle of one
bank giving a tsutue of 1,910 per
cent. to its wharehollere out of the
,accumulated profits of a term' of
years, the sbareholdere slmultane••
only eubeeribing for new stock
and thus converting a capital of
$:00,00(1 Into one of $10,000,000.
There have been a few other such
cases, only !PIA remarkable in cltar-
ttcter. Taking, however, the re-
cord of a dozen other banks outside
of this class, It is found that the
average price of ttocke of twelre
leading New York banks was 1334 3-4
during 1897, while the avertee
price of the same shares on Sept,
1902, was 807 5-6, being a gain
fur the five years of 173 per cent„
or ,'5 per cent. per annum: in 1897
the average proportion ot reoerve
to capital It these, banks was
150.70 per cent., whereas to 180:
the average proportion Is t.'08,1.i1
per cent.
It will thus be seen that the ex-
perieuce of Investors, both) in Can-
ada and New Tack, who have bought
aharee of banks with a large pro-
portion of reserve to capital, hal
been particularly happy. In addi-
tion to the return trout dlvtdandal
of, say, 4 per cent. on their Invest-
ment for from e to 4 per cent, in
New York), they have had advances
in price and prlvllegoe on new stack
to an extent which made their divi-
dend return Drily a feature of the
Investment, and that bot the moot
Important. „No doubt, also, pro-
gress fu Cantata during tee next five
years will be mach more markup
than in the previous period, though
it must bo many yeary before such I
extraordinary resodte are reached as:
have been witnessed in New York. -
Globe.
LOTTERY FRAUD
RECALLED
By Suit Against President's
Widow,
'JUDGEMENT FOR $388,066,
Wbleh She Secreted When Estate
Was Divided Among Legatees--
Wonaau After Being Hescued
Crawls hack liito Hurtling House
for Valuables and Perishes.
New Orients, Kl•pt. la. -This Gaunt
Jury bits returned aa indictment
against Aire, hose Brendle Dauphin,
widow of Alttxlmillian Dauphin, for
many years President of the Loui-
siana State lottery. Mrs. Dauphin
1e said to be ill in or near New.
York. Dauphin, who was President
,of the Louisiana Lottery Company,
died in 188L HBs estate was in-
ventoried at $100,000, ills widow,
and u friend being executors. There
were other heiro, li pluditee Dltuphiaf9
mother. The estate WILD settled
up, the heirs were pail their share
and the widows uud legatee came
lute possession of the rest of the
property,
Eleven years alter the settlement
among the effects of Judge Porche,
who had been Mrs. Dauphin's law-
yer to .the probate ease, an old,
badly worn paper Was found giving
a het of a lunge number of bonds
witich apparently formed part of
the Dauphin estate, but which had
net figured in the Inventory.
Mrs, Dauphin was called on to ex-
plain. Site faded to appear before a
Louisiana court, but piece by pleee
the trouble buried for eleven years
MIN brought to light. Dauphin hall
kept his money and securities in a
box lu his room, and was a mime
wealthier moo than many suplosei.
Front Hutt fox his widow. it is charge
CO, had removed and secreted $211,-
000 In securities And $40,000 in enelr.
In order to cover up her work elle ie
:aimed to have bold the bonde, in-
vratel and re -Invested the money In
new aeeurlttre so that no trace conte
be fount of 1t. elm kept no think ac-
eouri, and frequently laid $100,0011
on her person In $1,000 Mlle.
Judge Lasarus, counsel for the
hairs, succeeded 111tracing every loud
for more than twelve years. The
court rded Judgatrnt ageinet Mrs.
1A'uphinawafor 8:188,OOd,
lien 1.ile for Her Money.
New York, sept. 15, -Airs, Mary
Fraser was found deed under a bed in
her apartments early this morning,
an heir niter a fire In the building
loud been extinguiehed. Kenn niter 1ht
fire started, Mrs. Frazer w•aa rrecuei
from a fire escape In front of Iter
winks$. It ie supposed that she re-
turned ter her rooms to emus her
valtabie/J. and was suffocated by
smoke. The, money loss by the fire
n•ns *mall
'THEE WERE ONLY THREE,
How New York Triplets Were
Welcomed by a Crowd.
DISAPPOINTED AT THE NUMBER.
New York, Sept. 15.-.t crowd of
mon and women gathered loot night
opposite Israel Lust's milk store, at
44 Gouverneur street, and talked ex-
citedly.
"Five! Floe!" ahoutai one man.
"it could not be lko dot," said u
little German woman. It could not be
in der Closeted Dentes."
Wlttle this woman was arguing the
crowd took up the cry of
"Five!" Five!" Tho crowd kept
growing bigger and more noisy
every minute. Finally, Dr. Dav-
ktoeIf saute out of the house. Ile wag
Immediately surrounded by women.
The doctor ranee(' to /isomer the
questions put to himl, i
A policeman oaiuo along and or-
dered the crowd to move. They would
nplt move. The cop asked a young
woman wlut,t the trouble was about.
She anti 1t was an argument as to
whether the number should be four
or five
"Go on to 57 Gouverneur street,
room 16, dere you vill find out," said
another young woman.
The cop went there and found n
women who explained that Mrs.
Sarah Last, e1 years old, wife of
fytace Last, bad caused the excite-
ment. One of the tenants in the house
had run Into the street and shouted
to n. man on the other ekfe :
"The Lnst three are doing fine, and
tee Indy upelalre says they are boys,
bot we can't get it for certain yet !"
So Gouverneur 'street )tad figured
out that it the Last three were boys
the others were girls. But there were
nn others. It was a simple case of
triplets.
SAVED A FOOL'S LIFE.
He Swallowed Polson Because of a
Love AQalr,
Lockport, Septi. 15.-Beenuse his
sweetheart's mother opposed his fre-
quent visits, oeorge Spring attempt-
ed to take Ida own life last evening,
The prompt trervic a of a dortor frus-
trated the attempt.
Spring to 19 years old and the eon
of Mrs. Mary P. Spring, of Green
ktreet. Ilse ttao been melte atten-
tive to pretty Margaret Safely,
daughter of Mr. and Mrs. William
Safety, of Walnut street. It *memo
the mother did not wish to have
the youag man call on her daugh-
ter Itgularly awl so frequently, and
told her daughter so. TIIt yo'tng
woman achhteed George of her moth-
er's %toles, and he took the drug.
NEW COLONIAL POLICY.
st. Jo,hn's, Nfld., Sept. 15. --Il NI.
,Trackman, Colonial Minister of fin-
ance, will start to -morrow In the cul-
oninl erutser Fiona to vide the
French shore and arrange for the
establishment of outdoing torts of
entry at the stations cation, the
French resort, to the hope that thio
measure will prevent French smug-
gling along that coast. This step is a
part of the new colonial policy of en-
forcing the eustoafe laws against the
French fishermen on the same Itnee
RR they are enforced against local
residents.
40000
DERE AND THERE
Glanders to reported prevalent
among the horses at Ottawa.
The gtettmer Cottage City was
wrecked near Wrangel. All the pass-
engers were steed.
Oovernor Stone, of P nhsylt•ania, I/
to New York. He refuses to discuss
the coat strike.
About 85,000 Mettle of wheat was
marketed at C. 1'. 11. western poluta
00 Tuesday. •
The marine engineers of Portland,
Ort, about 1.10 In 'number, have
voted to go on strike.
The Maroons apparatus Is now
working perfectly between Belle Iele
and Chateau Bay.
The price of coke in Chicago has
jumped up this week to the unpre-
cedented !Agues of $12 and $18 e
ton.
China and the United States are
to be brought into closer business
relations by commercial mecums la
the large cities of each country.
The U, S. battleship Iowa has rua
aground near gape Nosa, Senitora
De Desterro, the Island of Alilo.
Brazil has sent a warship to the
aid of the Io•wtaa
Josiah Bradlee, a wealthy summer
resident of reaches Point, hast
Afttrblehead• Maw, committed sui-
cide by firing a revolver bullet
through Mg mouth.
The insurgent warships ran b„ oeen
from Punnet, but they are not la
the harbor of Panama. The Govern-
ment officials are snaking all the
neeeon,try defensive preparation.
Jnmr� (larc, Superintend; at or the
Brighton Bench race trp ek, azul eon -
meted with race coarses about Naw
York during the pwtrt 2e yours, to
deal of blood poisoning.
Henry W. Grad-, jun„ of Atlanta,
luta disappeared and his friends and
relatives are notch concerned over
his fate, Mr. Grady to the only son
of the Tate Henry I4, Grady, editor of
the Constitution.
Tho report that the l7. 8. dela-
settee metre() from the International
Commercial Congress' at 0atrnd, be.
Douse of the treatment they re-
ceived there, is unfounded.