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THE LANCASTER DAILY INTELLIGENCES, SATURDAY, AUGUST 17, 1889.
d
OF SANTA BARBARA, CAL
A TOWM THAT OWES A GREAT DEAL
T0 6ENTIMENr.
ft la, la Fact, a IwUBiitri Clfr. a
Th U. FnlUK Owtaf I It "Befl
ftallaa IUm," ft "BeaaaatU CllaY ud
Mi rectri- Abeat II.
tSpactkl Oomtpeodoos.
Af-Bunr, N. Y., Aug. 15 Santa Barbara,
Cat, ewes Its position te sentiment. Mera
has been written about its "soft Italian
skies," Its "romantle cliffs," its "gentle
cllmate" and "purple mountains" than
of any place in the universe outslde e(
Riviera. It has become, possibly from
that cause, a sentimental city. Yeung
girls tell quite tenderly the sad story of
Ratnena and think Mrs. Jacksen's here,
Allcsscndre, "just tee lovely for any
thing." Yeung men with long hair and
spectacles' haunt the old mission and
6ANTA nAHBAIU PALYS.
seek sentimental contact with the solemn
long f rocked friars. The poeplo them
selves live in a seeming condition of
poetry, affect the picturesque and ro
mantic, and open wide their eyes when
the outside barbarian comes in and talks
of trade and practical things. There is
an air of gentle optimism ever the whole
town and a sense of pity for the com
men herd who happen net te knew of
Santa Barbara. One feels 6iire, aftci
a stay in that community, that nothing
wrong could happen there, and that life
Is only a matter of rose leaves and lilies,
after all. 1 heard once of a pretty youth
who had the heart of a fiend and the face
of a god. lie murdered his fatliei
and mother In cold bleed, nnd when
brought te the bar of justice for his aw
ful crime was asked if he could givenny
geed reason why he should net be exe
cuted. He looked ever the jury, made
up of sentimental men, and putting a
tear in his voice he implored them te
have mercy upon him "Because he was
an orphan." The plea had Its effect. The
jury fell upon ene another's necks, am'
weeping in sympathy for the prett
prisoner, promptly acquitted him. New
this must have been a S.mta Baibara
jury 1 can think up no ether spot en
earth where this doubtless authentic
circumstance could have happened.
Hut, jesting abide, Santa Raibain Is
really an earthly paradlse. Its repose
and sed.ite contentment nre restful for
the tired traveler, and one ceases te won
der why II. II. and the magazine, ceterie
have worn themselves out in its glorifi
cation. It justifies all, or nearly all,
that has been said about it, and I shall
net let any gall gather In the honey of
my pen Of course It believes it has it
great future. Net a vulgar commercial
or manufacturing future, for that is le
puguaut te its refined taste, but a future
unique in the history of the United
States. I strolled en the sea beach nnd
listened te ene of Santa Barbara's celeb
rities whisper te me the confident story
of the city's future. "We have n cli
mate," he began (that, by the way, is the
tlrst thing you hear all ever southern
California climate) "we have a ell
matu mere perfect than any in the wide
world. Existence here is a luxury. We
have iM-autiful groves, abundant fruits,
erenery unexcelled, a never frothed sea
and a valley se beautiful nnd serene that
ene dozes nway one's life. We knew
neither frost nor cold, summer is eternal
and Ktiiishiue continuous. Heie then
lien the secret of Santa Barbara's future.
Here is this restful valley, by the side of
this peaceful ocean, the world worn
American will coiue with his household
gods te end his days in seicnity nnd
quiet. After he has wen hi) way in the
bustling outslde world here he will come
te N.itle and biing tip his children and
enjoy the semi-tropical be.iuty of Santa
Barbara. This place will be in time the
home of (he refined rich, and it will lie lie lie
coine greater nnd mere famous than the
Mediterranean IMvicra.''
The picture of Santa Ii.iih.ua was net
overdrawn. It was nil that my friend
painted, and the pleasant prospect for
the future did net 6eem unreasonable.
But will it coiue te pass? Scarcely. We
hare no idle and pampered class such a
THE OLD MISSION.
they have in England. In our American
hurry there is no considerable number
of people who, though they were ilch as
Creesuses, would be content te tilt down
and doze away even the autumn of their
days. Meney getting and money giab
bing is our common heritage. The
Goulds and the Vanderbilts, the Stan
fords and the Astors,nre tidier than can
be comfortable, but they de net step in
the pursuit of money. As long as there
is a dollar ahead they are going for it,
and going for it with a zest and eager
ness as though their lives deluded en
it. In that they find the pleasure, net
in sitting down and resting. And while
there Is a clasa of Americans who are
satisfied with a competence and willing
te retire fieiu business, It is net te tha
poetic quiet and rare beauty of Santa
Barbara they are going, but te the great
capitals of the world, where, they and
their wives and daughters can display
their wealth and enjoy the envious ad
miration of these less favored. We ses
that in California, The Stanferds, the
Monkeys, the Crackers, the Hunting
tenj and the Floods have their magnifi
cent residences en Neb Hill, but San
Francisce, even, is net enough. Their
mansions are closed nearly all the time,
and they are away dazzling Paris, Reme,
Ber)n and New Yerk. Ne, quiet and
repe.se Is net a characteristic of the rich
American.
Ne description of Santa Barbara will
glve one a fair idea of the place. Net
that It is be very beautiful, or that ene
gets a suggestion of Arcadia In entering
from the railway or the sea. Far from
it. The train Bteps midway, the steamer
at the feet, of the long finely paved
leading street which is full of bustle,
and tells of the working world. But af
ter one has been there a day or two and
is assay from the principal thoroughfare,
the seductive atmosphere has its sooth seeth
ing Influence and you feel what a restful
region you are in. Life then lacks ani
mation, although the delicious oxygen is
abundant in health civintr proportion.
dBBBaBaBVflOBlBflflHSBvBVBBBHBu
Fer the time being the outslde world Is
forgotten, and you can imagine that Ra Ra
eon lives; se de Felipe and AUessen AUessen
dreand Senera Morene. Perhaps they
are new going te their beautiful Cam Cam
ules beyond Ventura. Or you may meet
them this very evening at the mission,
when you go up and watch the friars in
the coarse robes of their order, with
shaven faces, closely cropped hair, san
doled and girded, ring the Angelusl
The neighborhood of the mission is
tinged with melancholy. Over ens
hundred years age when they first
planted the cress among the Indians in
this superb valley, they were the Intel
ligent possessors of the soil. But the
whirligig of time brought many changes.
The order then was rich and is new peer.
They then gave of their means; they
new live en the bounty of the people;
their influence is gene; their power de
parted forever. The dull routine of their
lives, their narrow cells and solitary
walks tell of resignation and poverty,
but they cannot le human if they de net
sigh for the old days, when te their re
ligious life was added the worldly chain,
of great wealth and unlimited sway.
Behind the mission at Santa Barbara,
down the long valley, are the great
ranches. I spent a day or two visiting
them. The most noted ene is that of
EJlwoed Cooper, which can only be
reached, directly, by a drive of sixteen
miles along a het and dusty read. We,
however, chose a longer journey, through
little farms nnd picturesque canyons,
starting In the morning and arriving in
the cool of tha afternoon.
The Cooper nnd Ilellister ranches nre
enormous farms of two and three thou
sand acres under the highest state of cul-
"-v - ,
OI.PEST WHITE INHABITANT.
tivatien. They are Inclesed by tall euca
lyptus trees, and within their giant lar
ders are the almond, elive and English
walnut orchards, se large and symmet
rical in extent nnd perfection as te al
most pass comprehension, The trees are
numbered -thousands, and t lie almonds
being In bloom the soft pink' coloring
makes a marvelous picture. Dewn.ju
the canyon Is the ranchman's residence,
a little llower bedecked house, and nrenud
it he toils like an ordinary farmer.nl
though his trees bring him in n fertune
every year. "Some year3 our crop is
better than ethers," was the owner's ob
servation; "last year we only" only,
mark you! "gathered sixty-six tens of
English walnuts and thlrty-sevcn tens of
almonds from our trees. This year they
will probably de better. Our olives nre
the most prefitable product, and we send
out many thousands of bottles of elive
oil," he said simply. Thirty men work
this enormous faun, which makes mere
money for its owner than any geld inlne
in California.
When we returned from the visit te
the big ranches we stepped near the
cathedral oaks, and up the mountain
pass carae aoess n tidy little farm over
looking the boundless bay of Santa Bar
bara. The owner offered us hospitality,
nnd as I chatted with her a bright eyed
old woman, partly crippled with eastern
rheumatism I ascertained that she came
from Marblehead and had settled at
Santa Barbara for relief from her physi
cal ills.
"De you like It?" I inquired.
"Yes, I like it," she said, as she looked
fondly out upon the ocean. "Myihcu
matlsm is better. The only thing is, there
ain't 'yawting' enough here te suit me."
Peer old soul I She was born and
brought up in old Maiblehcad, where ev
ery man, woman and child is part and
parcel of a leat. Probably ehe could
never ngain enter the small cabin of a
vessel, but r.he btill longed for the smacks
and yachting of her native town.
"De yen etill consider yourself a Mar
blehead woman?" I asked.
"No.ne," she quickly answered. "I
am new u Santa Barbarian."
FituunmcK W. White.
BEER AT GREAT YARMOUTH.
I'rentlce Mulfiiril Tellr lliirr It ! Wor
shiped by Kltlirriueu.
Sjieclal CorrenpeDiluDce.
New Yerk, Aug. 15. At Great Yar
mouth, England. Fisherman's tap room,
opposite lodgings. The He:cules. Nar
row street. Twenty feet Irem my win
dows. Empty by day. Full every night.
Herring fishermen. Wives ditto. Part
ners for life in drinking. Hercules eti
quette. One mug for two, man and wife.
Sip alternately. Feminine power te drain
pet equal te man's. He sips. She sips.
She sips. He sips. Mug empty. Passed
te barmaid. B. M. at beer pump. Prac
ticed muscle. Mind ditto. One stroke
jjump lever for half a pint. Twe, a pint
Quarter stroke thrown In for geed meas
ure. Alternate conjugal sipping as be
fore. Sanded fleer. Leng table. Rack
of long stemmed clay pipes. Public pipes.
Fer customers. Smoke room full. All
hands talk. Talk, noisy, exciting and at
11 o'clock confused.
Commences te simmer dew n nt mid
night. Company at that hour at maxi
mum of beerlness and presiness. Leng
winded. Steam up. High pressure. In
spirational nocturnal auec lotage. Same
old yarn. Hundredth time, i'ive hun
dredth time. Midnight. Hercules puts
up shutters. Turns 'em out. Patrons
linger eutiide. Hate te go home. Mild
night. Seft moonlight. High tlde of
beeriness. All nature at rest. Caie
driven away. Recollection of debt.,
the morrow's labors, rheumatism and
waiting wives beftened down. Roseatt
hue ever all. Lifted into temporary
elyslum by beer. Ne wonder they linger.
I, abed. Within car shot of It all.
Without beer. Don't want beer. Want
sleep. Can't get tleep. Can get only
hoi ring fisherman's midnight beer talk.
Time lags. Leaden winged. One
o'clock. Still hearing beery talk of men
w he go down en great deep and new in
depths of beer. Twe o'clock. A weel
has passed. Turn and tesA Trame of
mind malignant.
Hepo nt last Slgiw of breaLiug up.
Of what? Maritime beer talk. Subject'.
Best way of picking up anchor aftei
slipping cable. Seven opinions given.
All talk together. Differences of opinion.
Talk loud. Energetic. Some profanity.
Subject finally forgotten. Merges into
fcemethlng else. Then focuses into com
men subject. What?
Gibbens. Gibbens drunker,! of let.
Beer inslde of Gibtiens suddenly beib
ever. Gibbens becomes volcanic. Erup
tive. Gibbens differs from everybody.
Becomes profane. Abusive, Wants tc
fight.
Lesser drunks argue with Gibbens.
Coax him te go home. Gibbens won't gc
home. But loves te be coaxed. Regard
coaxing as sort of homage jaid him by
party. Common drunken perception en
part of the Gibbens type of man. Gib
bens' real want.' A club mercifully ad
ministered. Gibbens finally prevailed en te start
for home. Heme at upper end of court.
Twe hundred yards distant from my
windows... Giblxms steps. Anchors tee
gate pest. Wents te go luck for the
ether drink. Forget it.
Gibbens' friends argue with Gibbens.
"Ne mere te-night, men. Ge home te
yer wife, men." Party deeply solicitous
for Gibben. His moral welfare. Ills
wife's ditto. Such a comfort if the
drunken, crazy Gibbens will but go
home te his wlfel Inference en theii
back that when Gibbens, crazy, brutal
end insane, docs but go home the domes
tic Eden will run ever with bliss.
Strnnge but true.
Gibbens makes another move for home.
Party accompanying. Occasional bait
ings nnd nncherings by Gibbens. Willi
renewal of old discussion. Abuse, pro
fanity, deslre te fight with anything,
topped with demands for mere beer.
Meral, peace loving drunks nt last see
him home. Leave Gib nt front gate
Quiet at last. I may new sleep. Voice
die awny. I turn ever. Gale te land el
Ned appeara.
May I enter? Ne. Sudden uproar In
Hall's court. Scream si Shrill. A woman's.
I arise. Oien windows everywhere.
Beth sides of court. Heads out. Female
heads. White nocturnal rigging. Mas
cul i no heads. Hall's court ngain in up
roar. Why? Gibbens beats his wife. Beei
Inslde Gibbens has taken this direction.
Power must expend itself somewhere.
Target for fermented power inslde Gil) Gil)
beus is Mrs. Gibbens. Nothing unusual
in Hall's court. And elsew here.
My landlady out. At front deer. In
white. Night robe. Comely young
woman. Husband nt sea. In a collier.
Athletic young woman. Red and robust
pair of arms. Loud voiced. By nature
a driver. Drives broom. Drives arms
ever washtub like young healthy steam
engine. Leads expression of Hall's com!
public opinion of Gibbens from front
deer. Friend te abused Mrs. Gibbens.
Heads the clamor. Shouts disapproba
tion of Gibbens' conduct. Says she'd
"like tenmnck Gibbens' facel"'
Of this Gib. oblivious. D. D. Dead
drunk. Asleep. Has dene life best and
worst.
Event; In Hall's court ever for night.
Quite forgotten en morrow. Gibbens
w HI arise. Ge te work. The court will
go en as usual until another or the same
Gibbous does it nil ever again. Such is
life. In Hall's court, Great Yarmouth.
Alse elst where. Piikntici. MuLrenu.
ITHE STANDISH MONUMENT.
A Neble Trlhutn te America's First Com Cem Com
mUtlened Ofllrer.
The spot chosen for the monument
which has been erected te perpetuate the
memory of Miles Standish, the first com
missioned military officer of the New
World, Is en Captain's Hill, en the old
Standish farm, where Capt. Standish
lived and died. It Is here that the heuse
bull', by his son in 1GG0 still stands near
the Bite of the old homestead which was
burned In 1CC5. The farm was given te
him by the colony about 1C30, nnd re
mained in the family till the middle of
the last century. The hill is 180 feet
high, nnd overlooks Plymouth nnd Dux
bury (Mass.) harbors. Pilots new use it
as a sighting point In entering Massachu
setts bay. When the shaft is finished it
will be very useful te the coast survey ns
well as te pile.s.
The monument Is 100 feet high from
the grade te the top of the parapet or
base of the statue, The diameter of the
base Is S3 feet and nt the top 10 feet.
The base is octagonal te the height of
23 feet, or as far up as the projection of
the lower cornice; nbove this the monu
ment is perfectly round. The founda
tion extends 8 feet below the surface of
the ground, and is laid In hydraulic co
ntent. Up te the first cernice the granite
base of the monument is of the first di
mension quality, with rough, split faces
and hammered beds nnd builds. This
monument is the tallest and largest
structure in the United States erected te
the memory of any individual, except
Washington. The whele tipper corner
is also of rough, split granite. The brick
cene inside is suppeitcd by eight ham
mered granite pests, 12 feet long, and
lintels.
The granite in the shaft is in irregular
blocks, no course less than eight inches
nor ever twelve inches rise outside. The
interior nbove the octagon base Is built
up with common rubble stone, the whole
laid in mortar ce
ment. The deme
or ceiling is of
eight inch brick,
the same ma
teiial answciing
for the reef. The
triads of the
stairs are built
into the wall nt
each end as they
nre caitied up;
the material used
is North river
STANDISH MONUMENT,
stene, four inches thick nnd twelve
inches wide. The statue, which is built
by the Cape Ann Granite company, is
finished nnd en the grounds. The height
from tha base at the feet te the crown of
the head is fifteen feet. It is carved out
of two blocks of the finest Cape Ann
granite, and represents the old Euiltan
captain standing In an upright position
in full military dress of the early colonial
period, consisting of the cocked hat,
Elizabethan niflle around the neck, mili
tary beets, etc. The right feet nnd arm,
in which a scroll is held, are extended
forward, whlle the left band rests firmly
en the hilt of the sword hanging en the
left side. ThoIeng cloak which was
then worn Is thrown ever the back, fall
ing behind the statue in graceful folds te
the feet.
Very large stones were used In the
construction of this monument, many of
them weighing from three te five tens
each, which when set make u very im
posing structure. The stones which form
the jambs of the arch ever the entrance
were contributed by nnd hear the namefe
of each of the New England states. I'resi
dent Grant presented tlie keystone w hich
represents the counties of the common
wealth of Massachusetts, suitably in
scrilx'd. There nre four sunken panel;
en the sides, each contains four stones,
en which the sixteen names of Capt.
Standinh'a companions in the great work
accomplished by the Pilgrim Fathers au
cut.
The inner room of the octagon base U
about twenty-ene feet ncr033 by twenty
feet high, and Is se constructed as te le le
ceive tablets of icligieus, historical, ma
sonic and ether becieties, mechauk-a'
nnd mercantile associations, regimenta.
nnd ether military stones. All the inte
rior of the shaft above, including tin
sides of the cene around which th
stones circle, is studded with the mill
tary company stones of this and ethei
states and such like tablets, w hich may
be deemed best te insert be as te oemmem
morate and perpetuate the works and
names of Capt. Standish and hU aso ase
ciatcs. At the census of 1881 there were seme
60,000 English soldiers in India, together
with 40,000 male Europeans and 111,000
tuale Eurasians.
THE CRAZES OF TUE MY.
THEY ARE SPECULATION, CONSOLI
DATION AND RECAPITALIZATION.
VTalUr Well 111 no Flat an Ialarrlcw with
Autitant t'ulttd States TrMiertrVTIiilp-i
Icjr en TM- SoUJect Cnlltbllltjr of ttie
i:iiCtl.!i Invester,
ISpecUl Correspondence.)
Washington, Aug. 15. "A wave of
speculation, consolidation nnd recapital recapital
izateon is passing ever the world," says
Assistant United States Treasurer Whelp
ley. Mr. Whelpley knows whereof he
speaks. Whlle ether officials watch poli
tics he watches finance. He sits where
the beating of the fiscal pulse of the
country may be noted with unerring ac
curacy, where the financial activities of
the whole world are mirrored. "Tills
wave, in my opinion, is ene of the most
rcmarkable things of recent times," add
Mr. Whelpley. "It is net confined te one
country nor te ene continent. Schemes
for organization, consolidation and re re
capitalizateon of Industrial concerns arc
prevalent net only In Germany, France,
England and the United States, but In
Australia, Africa and Seuth America.
The trust and syndlcate idea lias fairly
taken possession of the earth. People
appear te imagine that if flve concerns,
each worth $100,000 and paying annua)
profits of $3,000, can be brought undet
ene management their value will at once
leap te millions and their profits te hun
dreds of thousands. The craze for thU
sort of thing Is almost as wild and il
logical as was the popular fever te in
vest In Jehn Law' Seuth Sea bubble a
century nge."
"Hew de you explain this tendency of
the times?"
"Well, in the first place, Investors arc
suspicious of railway securities. Nel
many railroads, In the United States par
ticularly, are making their usual profits.
There Is, moreover, a lack of confidence
in railroad management. Just nt tills
juncture, when money is flowing less
freely than bofero into railroads, and
when there is such a glut of money that
IikLoiuIeii 3 per cent, is a geed rate el
interest, nnd in this country our 4 pet
cent, bends nre held nt a premium of 1!S,
with New Yerk city nble te sell 2J per
cent, bends at a small premium, the
germ of the trust nnd consolidation Idea
appears In the formation of big Industrial
syndicates in this country nnd England,
whisky, sugar, cotton Beed oil and steel
taking the lead here, and the Bass, Guin
ness and ether great breweries across the
water. There were many imitators e(
these trusts. At first the consolidation
idea was taken up by the actual owners
of Industrial properties, nnd syndicates
were formed te control interests of great
actual valueand earning capacity. Many
fet tunes were made in these consolida
tions, and In n very short tlme the public
was led te bclicve investment in such
concerns the surest; and speediest icad te
wealth.
'Tram consolidation by owners, en u
purely mutual and thoroughly honest
basis, It was but a step te consolidation
and recapitalizatien en a fictitious nnd
exaggerated cstimate of values. Se great
has beceme public confidence in trusts
and syndicates that frauds of the bold
est and most specious) character can be
successfully marketed both in this coun
try nnd Europe In England particular
ly there is a craze for rucIi investments,
nnd when former United States Treas
urer Wyman returned from Eurepe n
short tlme age he told me it was the
easiest matter in the world for a ceuple
of Amcilcan concerns that had been
earning a little profit, and which had
eome gcnulne assets, te go ever te Lon Len Lon
eon, consolidate and recapitalize at a
valuation flve or ten times their actual
worth.
"That Is just what Is being dene nt
this tlme. Londen is full of such
schemes from the United States, Seuth
America, Australia, Africa, ovcrywhere.
There seems te be no limit te the English
purse, no end te the credulity of the
English investor. Take the Burmah
ruby mine scheme as an example. The
success of that 'flyer' was such as te
make Law turn ever In his grave and
crack his bones in envy. According te
the prospectus the Burmah Ruby com
pany had obtained from the king of that
country a monopoly of the ancient mines,
from which rubles could be picked by
the wagon lead. Moreover, diamond
were becoming se plentiful, owing te the
large output of the Cape mines, that the
ruby wa3 fast supplanting the diamond
as the most precious, most valuable and
most fashionable gem.
"This company was capitalized at
500,000, or ?3,000,000, in 1 shares.
Subscription books were opened at tha
Rothschild banking heuse in St.Withln's
lane, and when Rothschild's clerks came
down te the bank en the morning of the
advertised day they were compelled te
ask the assistance of the police in getting
into the building, and then had te climb
in the windows by means of ladders.
Thousands upon thousands of persona
crowded around the bank, eager for a
cliance te suhscribe te the stock. By
neon 1 shares were worth 1'370 each,
and closed for the day at 350. If the
capital stock had been fifty millions of
dollars, probably It would all have been
subscribed for.
"Ter months the newspapers have been
filled with accounts of English invest
ments in nil sorts of American proper preper
tiesIn western lands, cattle ranches,
flour mills, dry goods stores, theatres,
herse car lines, gai companies, etc.
Seme of these reports are true, seme net.
There Is no doubt, however, of the mag mag
uitude of English Investment in Ameri
can breweries. I have seen an uuthentie
list of the breweries sold te foreign
syndicates, and the total sum involved
is nearly $30,000,000. Twe New Yerk
bre weries.net large ones, are consolidated
and capitalized at 1 1,000,000. A New
Hampshire brewery is put in at $0,300,
000. Tin co breweries at Rochester, N.
Y., go in nt 51,500,000.
"Jehn Smith has n brewery whltdi
pays him, fay, S.0,000 a year profit. It
is worth piehably $250,000. Richard
Roe has a Inewcry that nays blm $10,000
aicar.niul that Is worth (150,000, A
speculator comes along and says te
Bmith: 'I'll give you 500,000 for your
brewery, -300,000 cash and you te take
6teck for the remainder, the new com
pany retaining you at a salary of $7,000
a year.' A similar offer Is made Roe.
Beth accept, of course. The speculator
makes a small deposit for the option,
gees te Londen, incorporates his com
pany 'te purchase and consolidate' the
two concerns, Issues a seductive prospec
tus, prates of the fact that the present
proprietors are under contract te remain
nt the head of the concerns nnd that they
retain large financial Interests therein,
lay large bums te a ,Londen 'promoter"
or broker who knows hew te reach capi
tal, and presently the transaction Is com
pleted. Smith nnd Ree get their cash
and their stock and are retained at fat
salaries. The speculator and promoter
wax rich, and everybody, even the in
vestor, Is happy. It h when dividend
day comes round that the last named in
dividual becomes miserable,
"Ne wonder the owners of Industrial
concerns are willing te sell out te for
eigners when they can get two or three
prices for their property. Over in Eng
land Interest rates are se low tliat 0 or 8
per cent, appears Urge te the. evej of an
investor, and a prospect or iu per cent,
sets Ulin crazy. Vblla their Interest
rates are low, their notions of a proper
capitalization are very large. A certain
American Invention which has been but
fairly successful in America Is being
worked off en the Londoners for $4,000,
000. The salt trust has a capital stock
of $11,000,000. A capitalization of a cer
tain manufacturing company Is being
marketed la Londen, the total being the
enormous sum of $1,500,000. Anether
company, a small but propcreus manu
facturing concern, modestly asks for but
$500,000. Twe far western breweries
have clubbed together and struck Lon Len Lon
eon for $2,000,000.
"These nre but Instances, of which I
could mention many mere; nnd there U
an alluring scheme en feet for the capi
talization of a land company, the slte of
whose town has net yet either a railroad,
u telegraph office or n postefllce."
The English public will Invest in any
thing providing the promoters put their
capital high enough and de net promlse
tea much. Englishmen are suspicious
of any scheme that talks of 10 or IS per
cent, profits, and nre disinclined te in
vest unless the capital runs up te a pretty
round figure. Many meritorious enter
prise have failed te attract capital sim
ply because they did net put a big enough
price en themselves. The old saying,
"Strlke high If you leso your hatchet,"
applies In this case, These English in
vestors de net ucciu te profit much by
experience, either. They will even go
Inte mining companies. Notwithstand
ing the fact that out of hundreds of min
ing companlei listed In Londen only
forty have paid dividends, 100 new com
panies, with n nominal capital of $70,
000,000, were capitalized In England last
year.
Among the new mtuing vcntuies new
being successfully marketed iu Londen Is
ene which has seme novel features. It
is called the "Wyldsdale Geld Explora
tion and Developing company, limited."
It is incorporated "for the purose of no ne
quiring the concession granted by Urn
bandine, king nnd paramount chief of
Swazieland, Seuth Africa, upon the
elopes nnd spurs of Makenjwn mountains
and ancient valleys, en which have been
found both rich alluvial deposits of geld
and numerous geld beailng reefs." The
tract of ground granted by King Urn Urn
bnndine is thirty-seven square miles, for
which the lessee is te pay but $200 a year.
Nobody knows whether there Is nny
vnluable ero In this land, but the fellow
who secured the grant will undoubtedly
be able te sell out te the company for a
round half million, for the gullible En
glish public has promptly walked up and
planked down mera than a million dol
lars te equip the company that Is te ex ex ex
plore and develop the alleged geld coun
try. "Te transact the business of these spec
. ulatlve enterprises innumerable trust and
banking companies nre springing up In
England," says Mr. Whelpley. "These
nre speculations In themselves, In which
the organizers nre sure te make money
by taking ndvnntngoef the craze. An
cxaniple of this was recently had in this
city. A fiicnd of mine organized a new
trust company, subscribed for the stock
himself, and en the boom disposed of tha
most of it nt n premium which has al
ready netted him $30,000 profit. The
mania for speculation by means of Incor
porated companies and consolidations of
nntcrprlses has largely taken the place
of stock and grain gambling. In my
opinion it is by far the most dangereui
evil of the three." ,
Waltuh Wklmun.
iweNew"cruisers. -:
Vipl Sum I Ailcllnir te 1IU Navy All
th Time.
Here is a cut showing thn expected
appearauce of the two new 8,000 ten
cruisers, known at present ns Ne, 7 and
Ne. 8, bids for which will Im opened by
the authority of the Unltei. States navy
Aug. 22. Each of these vessels is te
cost $1,100,000. The dimensions are as
fellews: Length, 800 feet; beam, 43 feet;
s 'r-t-rvsdF
0,000 TON ckuiser,
mean draft, 18 feet; displacement, 9,100
tens; horse power, 10,000; speed, 20
knots an hour; battery ene 0 Inch nnd
ene 10 inch rifled gun, two 0 peunders,
two 9 peunders, ene 1 peunder, two Gat
ling guns nnd two small revolving can can
neil. The first two guns named form
the lniiin battery, whlle the ethers form
the secondary battery. The great su
periority claimed for the armament of
these cruisers Is in the use of rapid firing
guns iu the main battery, instead of the
ordinary breech leaders.
The six inch guns ran be fired foul
times ns fast as the ordinary guns of the
Kame calilcr, whlle the four Inch rifles
can be worked ten times a minute. In
addition te a heavy protecting deck
there is te be a water line belt of "wood "weod "woed
itc," whatever that may be, which Is ex
pected te swell up nnd keep water from
passing through nny holes made by nu
enemy's projectiles. There will also la
a thick licit of coal ever and protecting
the machinery and boilers. There will
be a double bottom iu the wake of the
machinery space, Tite rudder will be of
the balanced tyjie, nnd will form a con
tinuation of the lines of the shlpnft.
The protected deck will Hlope at the sida
In two slopes of 22 degs. and 30 degs. It
will le covered first with half inch (dat
ing, then a two Inch plate is worked en
this en the slopes amidships, two inches
en the slopes at the ends and one Inch en
the flat.
The engines are triple expansion, In
verted and direct acting, with high pros
Hiiro cylinder 30 Inches, Intermediate 53
inches, and two low pressure C7 inches
in diameter, the common stroke being 33
inches. There will be six torpedo tubes,
with openings about four feet nbove the
water line, worked from the berth deck.
These tubes will be of the Hewell pat
tern, using gunpowder Impulse. The
rig will be that of a two masted (schoon
er, spreading 7,210 square feet of sail.
The masts will have barbette gallerie
for machine guns just lxdew the tops.
The vessels will be in every way well
built and arranged be ns te secure the
utmost economy of room combined with
the best ventilation and greatest cenven
ience te officers nnd men.
A Mlimil of lJe it),.
Old ecpan pllet3 nnd seagoing people
who watched the school of devll fish that
played alwut the pilot beats and the tug
Cynthia befere the beat3 get off in the
regatta yesterday say that such a sight
is scry rare in the life of a mariner.
They played about the craft for fully
half an hour, and were principally young
devil fish from four feet long te six fet,
and they looked like great bats. Seme
of them had shed their tails, whileother whileether
lad caudal appendages fully a yard In
length. As many as twenty of these
hideous looking marine curiosities were
seen at ene time, and ene was shot by
one of the crew- of the Neca, uud nfter
lashing the water of the sound into u
foam it bank out of sight.-Su.anuah
News.
ITnauss, of Detroit, Is contldcred tha finest
left band.! pitcher iu the International asso
ciation, and that, tee, with all due re-ped te
Titcemb, Biirtre and OUrland.r.
'ABOUT WORLD'S FAIRS.
HISTORY THAT IS INTERESTING FOR
AMERICANS .'UST NOW.
It ti nmlrrtt Appropriate bjr Rcaten of
Oi Appreichlns Inhibition of 1899,
Whm tit UUco-crj-ef Atuarlca br Chile
tepli-r Cntuiubut Will II Cclcbrntrd.
It doesn't matter a "terrible 6lgtil" te
Americans outside New Yerk, Chicago,
Washington and St. tenuis, in which of
theso cities the World's fair of 1893, te
celebrate the discovery of the western
continent by one Christopher Colen, alias
Columbus, is held. Strenuous exertions
are being made In behalf of all of them,
and the rest of the world will watch with
interest te the finish thowerdywarth.it is
new going en, ready te "hurrah" for the
winner when It Is decided.
The first world's fnlrwnsheld In Hyde
park, Iiondeu, in 1851. There had been
ft number of Industiial exhibitions In
Europe, and In 1811 ene was held In
Paris which wusse successful that It
suggested n similar ene te the English
people te include wares fiem nil na
tions. Consequently a heeiety was
formed with I'llnce Albert for president,
and In 1810 it presented n plan te the
public. A reynl commission was issued
and the queen beaded n subscription list
with a thousand pounds. Then arose the
wonderful Crys
tal I'alace, the
first of its kind,
consisting, e -
cepl the Itoetlng
a u d joists, of
glass nnd lien.
Its length was
1,951 feet (prob
ably the number
being intended te
represent the
year of the cxhl-
ri'MT-
!;u--'
GSfai:
:&
rei.usiiit'3.
bltlen), 40d feet wide, with mi extension
03fl by IS feet, and n central transept 10d
feet. The area covered was nbeut nine
teen acres. The building was begun en
the 0th of September, 1850, and complet
ed in Pehiuaiy or tha next year. On
May I the quuen eH'iied the exhibition.
England's, wei Id's fair was a great suc
cess. Doing the first of its kind, Its nov
elty nltracted the attention of the w hole
world. Frem Hyde park te the islet u
borders of Russia, ull ever the Knglish
colonies, throughout Aiueth-a nothing
was talked of hut the Crystal I'ul.u'e nnd
the world's fair. The nations of the
world net only sent their exhibits, but
their poeplo flecked te Louden te see the
bIiew. It was open flve and a half mouths,
during which tlme It w-ns visited byevei
0,000,000 people
The veutuie was n financial wicceas. A
net profit of 180, 130 was icallzed, w bleb
was applied, with additional p.uliamcn
tnry grants, te a scheme for the ad ranco rance ranco
mentef line arts nnd of practical fcclence.
The Crystal l'nlnce was taken down and
put up ngain nt Sydenham en an enlarged
plan nnd reopened br the queen en June
10, 1851. There It stands te this day, do de
voted te monster conceits, heitlcultural
shows mid ether matters of publle Inter
est. Though constructed mera than
forty years age, It Is n model of beauty,
conspicuous especially for Its light, fairy
like appearance.
At this tlme Ilrntlicr Jonathan was mi
uncouth hut strapping youth, unwilling
te Ik) outdone by his elder relative,-Jehn
Hull. During the year of the world's
fair he sent his sailing beat, the America,
across the water nnd astonished Mr. Hull
tenn extent that lie has net yet recov
ered. Acting en the piluclple of chil
dren niueng whom ene must always have
what the ether bus, Jonathan concluded
te get upuweild'i fair himself. New New
Yerk was then us new the Hist city In
the land as regards tlze, nnd there n
company was Incorporated In 1851. The
rlty gave a Icase or Reservoir square, a
glass nnd Iren building iu the form ( a
Greek cress was erected, nnd en July 1 1,
1853, Fiauklln I'cicc, then prcHldcnt of
the United States, opened thu exhibition.
BECllKriRY CllAOIN AKD IICtnQUAUrUH
op run cincAOO ceuuini:n.
The New Yerk "world's fair" was net
n succcsj. It followed closely en the
hecls of the Louden exhibition, mid the
novelty had worn oil; there was an exhi
bition In Dublin at the saine tlme, and
the location of the building wan then
quite a distance from the center of thu
city. Instead of 17,000 exhibitor who
contributed te the Londen show, there
were but 4,800 nt New Yerk. Then there
was u great delay in opening. All these
onuses made the New Yerk affair n far
tumcrone than that In Hyde park. Dut
the Yankee exhibited a let of agricultural
Implements, which he ha'i eluce been
using te great advantage, be.ddca fillip
ping them all evor the world. After
the fair the New Yerk Crystal I'alace
was leased te the American Institute for
annual exhibitions, nnd during ene of
them, In October, 1358, it caught fire
and was destroyed with its contents.
The New Yerk world'e fair was u finan
cial failure.
Munich had an exhibition In a glasa
nnd Iren building in 1351, which was In In In
torrupted by cholera. The French car
ried en the idea started by the English
by an exhibition in 1853 at Paris, which
which waeup te that time cuccessful
next te the Hyde park alfair. A build
ing of eteue, brick und glass was erected
en the Champs Elyaecj SOD by 850 feet,
costing $5,000,000. 'fhe Emperor Loute
Naoelcon opened the exhibition en Mr.v
14. Tliaru were 80,000 exhibitors and
ever 4,500,000 visitors. As a display the
alfair was a success, but financially it
was a failure.
In 1803 the Londoners get up an In
ternational exhibition in a brick, glass
and iron building In Kensington, Intend
ed te fellow the "world's fair" of 1851 ns
a second decennial. There were In all
ever 20,000 exhibitors and about the
same attendance ns at the previous dec
ade. There was a deficiency of 13,000
when the exhibition ended. The build
ing was intended te be permanent, but
it was demolished.
In 1S07 the French arranged an exhi
bition which distanced all previous ones
iu the number of exhibitor and visitors.
A building was erected in the Champ
de Mars, oval in shape, 1,550 feet long
by 1,350 feet wide, the area being in
ci eased by u number of smaller buildings
te 35 acres. It was eencd te the public
for seven mouths, during which theij
were 50,330 exhibitors. The tlme the
exhibition was open was longer than
that of either of the Louden shows, but
there were mere visitors in proportion
(taking this fact into consideration) at
the Furls exposition. It was claimed
that there was a financial profit te the
Paris exposition of about f C0O.Q0O,
1
The third decennial exhibition
la Londen was a small affair. Thr
e-M-.f ftffnll- tt tUtt trtnrl -vna -l.j, V 'll a
-ir,..., . X.x zr . . ..w
cxuiuuien ei ie i A xne mam trail
was of brick and glass, 2,993 feet
and 83 feet wide, with a central
There were also 83 galleries 230 bf '4
(set, a machinery annex of brick 1.1
bylfjQ feet, a fine art ball nndetJMir
buildings. There were ever 7.000.$
visitors. This exhibition w.is tha mast'
costly and the greatest financial fallws', Aj
nf nnr. Ttt-nlrr. mllltna ,.Arrt amumii1jJ Jn
... .... -...(. v ...... .v, i ... w vAcum, -
ui wiuvii iuree-iiiaiier.s were lest. IBM;
w as largely owing te the financial panfc : '
of I hat rear. rf
UM.nl. Il.n MnMinHMf.1 - . J
.. irai mu iciuvuiiuii jear ei Amerr.j!
can inuepcnuence came round In IMf j
ine people ei tue united States Inaugw,
... mi .ihuiiivu ..iitt.ii .efc .?',
obllterate the chagrin caused them te. il
their failure In 1853. Congress creamy, fj
h centennial commission emnewered tsi.l
raise $10,000,000. Philadelphia naturally iff
exhibition, and suitable buildings waw'1;
erected, tha main enn Iwtnc 1 son ti It'
Un. I,- AM tt n-ltt, MCil.' 1-. Pj-i
" vj , ..-.., ...... iiujc.i.iig nui(l wy
hi. mu evuieis hum siucs S.1U reel U)V
length. This building nlone covcred a' S
., nn .., rl. I..--- 1.11 jSvJ
illV.. V. k.V unia. J.llWlllllCI v iiu.i WU &'J
1 403 feet long by 000 feet wide, with ac "$M
few jig iJ .S
r e-. ....... i ...,...,.
V. OMIVI, tlllll'MJIMCUt. 3- -, j A
srr
It M. TTr.T, ArchltecTjy
.1. II Simuevs, riunnce. V. U. Unt, broker. tjfc J
amiex. Memerial hall, containing th4. .
artists' disnlav. was intended te Imb 3
iniuient. Its architectural effect WfhV
very fine, its deme rising 150 feet abort
the ground. Tlie remaining buUduf.
were all large nnd important structural
including twenty-six crected by tha 4
fercnt states and thirty by private Amtf
lean exhibitors. The number of visltwi"
it-la n me enn v
; .''. V. . . . --?; t,
in iei9 me rrcncu government inaug
urated nn exhibition tn limnnrrrai t'-
ferclgn nations the success of the repw'
lie nnd recommend tha French nvstaaa .
of Industrial nrotectlon, Theueh in slat ' '
and splendor this surpassed all praviem
exhibitions, by the tlme It was held mar- '
chants had ccased te exhibit thelr goods , ',:
ns lermcriy ter mercantiie pnrpesssv
Old houses declined te enter goods, Iml. Iml.
the siiace was taken up by new enf !
The number of entries were double theM i
of the exposition of 1807. g-
The next great exposition the eat
being new held in Paris -was also insti
tuted by tha French, like tho.Amertefti
exhibition, te cclcbmte a centennial--the
centennial of the French revolution,'
It takes rank still higher than thesa b
f ero it an its predecessors iiavecxceUa
theirs. Whlle these exhibitions hat
ceased te nttract as commercial adrsr
Users, they have steadily increased laiav
Icrcst. Curious inventions, curious matv
ufacttircs have been increasing through
me country, nnu tue lmnreveu means f
transportation have facilitated the Tiawt
itig of the displays by poeplo from W
narta of the clebe. 5-S
And new preparations are belnp
for a world's fair in the United Si
lit 1893. As that of 1870 excelled tl
of 180J. se mar 1892 excel 1870. s. '
" iJl
tthem Mr. lllaln Enjeya Lite. ,-'
Here b a cut of the magnificent sum;.
titer cettage built by -Mr. uiaine at eat;
lfarber, Me. The vlew 13 taken from tte,
ehore side of the house. The wendartul
oval window, twelve feet long, sbewatayi
this view in tlie center of the side. Tbaly
hall and flroplace in the halt are
trcmely unique. The heuse cenUtaa
manr ourieg. Amene the InterstUn)s
i v v"5?
.H?r '
W. Zd&
lilt. DUKE'S BAH nAIlBOR COTT.iaE.5li!
photographs are theso of Emperor WIk: :
helm and Uneer Fritz, with autegrssaaVv
presented te Mr. Blaine during hit vWtj(
te Oermnny. The tltle "StanwoeO" M.
given te tlie cottage.
MTJ
VnH
Jutlge W. r. Oalleck.
The vcncrable president of the AmartjV!
,m
can Printing Heuso for the Blind, Jedn ;;-
W. F. Bulleck, who recently died at kdat j
.,..', l.-. .,.. OI,lK...-!ll IT.. sMal
Euun iiuiiiu iiw.it uuvivj mi?, tj.f nava
born near Lexington, in Fayette county. jf$
:rrTrrSv 'j9 amwirjpasi
' --?".. . ,-l.hJ ..1M.. "Itf.At'
I I I !! l W
in 1807, and was 83 years old at ills death .j
HWuthcr, Edmundnulleck,wasanatlT"?
of Hanover, Va., and settled near Lex
ingten nt the beginning of the presasV-j
century, lle represented tayettoceunty jfti
Iu the legislature, and served in the lewatj
heuse from 1S03-1817. Three times na"
was elected as speaker, and was csteemad ')$
everywhere as ene or tlie most able men ,
In the state.
Judge W. F. Bulleck was educated at
Transylvania uni
versity, nnd bo be
gan life as a law-
'irln T -Avlnrytrm
He was aoen K jJKfBv
".-v -,:- vv . i
siaie legislature, j - jskn I j
.1 uviv fiu 1CIUU1I1-
ed for many
years, no also
presented theflrstj
bill for the estab-f
lishment of pub pub
leo schools In Ken
tucky nnd wan
ene of their feun
W. F. I1UU.OCE.
ders. In 1838 he draw up the bill for the -Q
esiaeuEiimcnt ei tne nrst scnoei rer tns
blind 60iuli of the Ohie, secured the es-
mA
r
, ;
.tS2aW ' J
paKHaWLDfcvKaaaaw -
$9aVsKWhKIlSaBBBn '-
V33W7 1 I 3VB-S .V.
- ViA - 4
. .1.11. i .i i i ..t-- is
i.iuuMuuum ui mu priming ueuse ler m u.'s
blind nnd wn3 nresldent of the beard nt WJl
control of the above Institution till hit
death. He also recently secured the cs-.
tabllshment of a blind school for colored ,'
VIlllUlCII. 4I1U JUUtJO COUI5U Ull M Jlfi
uransyivnina university was
finish. JM
with honor at the age of 17.
tt .- ft.ni
i iq nusa -?
distinguished stuuent and orator, ana ea-,gi
of honor. 'While at the university !w'vil
distinguished himself by an address ;
weicoxne te uenry i-iay. .
Wlien ! it Muula .' JluuU? sJl
As the City ordinance reaus, every aeg ".
shall wear u muzzle between the 1st of '
June and the 1st of August. A muzzUj
can be put onto a deg ns tlie owner line &r
1 . I. . ...Illlin tl.A lftlt rf tliA IflUr y'
UIH1JCI wunikiutt mwivv... ... ,.....--
A muzzle can no pui uiwn niu i.m u Z
rnnlne. nnd if it can enlv be made ta V
stay the' deg Is all right. New IiTtV. I
l"J LIQIUHI. .i'
.5
I!
.
,..!
'thftfeCaVfeg f
. .afr"S'?-