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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.