PRICE TWO CENTS. WEDNESDAY EVENING, MAY -8, 1901.

RED BIRETTAIS BESTOWED

Martinelli Becomes a Full-Fledged Cardinal.

STRIKING CEREMONIES

They Are Held in the Oldest Cathe-

dral in America.

A QUARTET OF ADDRESSES GIVEN

Cardinals Gibbons and Martinelli

- Speak and Several Papal

• Briefs Are Read.

Baltimore, May _,—Sebastian Martin-elli, titular archbishop of Ephesus audcardinal-elect of the church of Rome, to-day received at the hands of CardinalGibbons the red biretta and donned therobes which will hereafter mark his rank.

The ceremony which is the second step

in his elevation to his new position, wasmarked by all the pomp and brilliance\u25a0usually attendant upon such occasions. Itwas held In the cathedral, the first edificeof its kind erected upon American soil,and in which the first American priestand the first American bishop were or-dained. Among those- who witnessed itwere men and women prominent in every

walk of life, diplomats, legislators, educa-tors, journalists and ecclesiasts, the laterIncluding ten archbishops, fifty bishops,priests, monks and seminarians.

The initial step in the ceremony tookplace in the palace of the cardinal priorto the one held in the cathedral and con-sisted of the transmission of the birettato Cardinal Gibbons by Mgr. March-etti, the papal ablegate. Brief addresseswere made by both the participants inthis affair. While this was in progress,a procession was formed in front of Cal-vert hall, a block away, in which werearranged in the order named the semina-rians, priests, Franciscan and Augustinianmonks, the members of the faculty in theCatholic university in Washington, abbots,bishops and finally the archbishops, thepurple end gold of tbeir rich vestmentsadding brilliancy to the scene.

At 10 o'clock they moved through Cath-edral to Charles street, passing the palaceof the cardinal, where they were joined byhis eminence, clad in full ecclesiasticalparaphernalia, who took his place last inthe line. Then the procession moved to

the main entrance of the cathedral. Thecardinal-elect, meanwhile, had entered thebuilding through a rear door and advancedto meet the procession at the altar rail.The cardinal and the cardinal-elect salutedeach other profoundly and each sought the

throne provided for him. That for Car-dinal Gibbons occupied the gospel side ofthe altar, while that of the cardinal-electwas placed upon the epistle side. Whenthey had seated themselves the papal briefsto Cardinal Gibbons and Cardinal-electMartinelli were read as follows:

Leo XIII., pope, to our beloved son, JamesGibbons, cardinal priest of the holy Romanchurch, archbishop of Baltimore: our beloved [

son, health and apostolic blessing. Having

this day created cardinal of the holy Roman jchurch our venerable brother, Sebastian Mar- j

tinelli, titular archbishop of Ephesus, we Jhave committed to our beloved son, FrancisMarchetti, one of our ' private chamberlains,

the duty of presenting to him the red biretta,the second mark of his new dignity. Mgr.

Marchetti faithfully and diligently assistsCardinal Martinelli in the apostolic delega-tion. He will present himself to your emi-nence in the performance of his office andwill bring you our greetings. We commendhim, entrusted with the honorable duties ofour ablegate, to your kindness, and beg you

to receive him with consideration and benev-olence as is fitting; for doing which we our-selves shall feel duly grateful to you. Asan augury of heavenly blessing and as asign of our good will we send you most lov-ingly in the Lord the apostolic benediction.

Given at St. Peter's, Rome, under the Fish-erman's Seal, on the 15th day of April, A. D.1901, and in the twenty-fourth year of ourpontificate. —Alexander Volpini.

Papal Brief to Mgr. Martinelli.- ,Out beloved son, health and apostolic bene-

diction. Although unworthy, being consti-tuted by divine.mercy in the sublimity of theapostolic see, and by virtue of our office hav-ing \u25a0 care for the welfare of the Catholicchurch, among our chief solicitudes is thatthe college, of our venerable brothers thecardinals of the holy Roman church shouldbe kept brilliant by most distinguished menas the dignity of that most splendid orderdemands. ! For this reason we have deter-mined to inscribe you in their number foryour piety, your learning, your zeal for theCatholic faith and your other qualities andgifts of mind, which, lead us to hope that]your ministry will be of great use and bene- jfit to the church of God.

Since, however, our beloved son, Reginald

Pius de Raymond, to whom we have commit- \ted the honorable duty of apostolic delegate,has declined It, we accepted his refusal and 'resolved to commit It to Francis Marchetti,auditor of the apostolic delegation in theUnited States of North America, who will

' present to you, created by us a cardinal of jthe holy Roman church, one of the insigniaof this sublime dignity, the red biretta, sothat when it shall have been conferred onyou, having been raised to the cardinalitaldignity, must ever stand fearless and invinci-ble against all dangers to the church of God,even to the shedding of your blood, preciousin.the eye of the Lord. We wish, however,that before you receive the biretta you byall means' take the oath to be given to youby the said Francis Marchetti and that signedby you, you send it to us either through himor through some other person.

Given at St. Peter's. Rome, under the sealof the Fisherman, on the loth day of April,1901, ln the twenty-fourth year of our pon-tificate. —Aloyslus Cardinal Maechi.

Monsignor Marchetti, upon the conclu-sion of the reading of the briefs, advancedto Cardinal Gibbons' throne and deliveredto him the following address:

Mffr.'Marchetti to Cardinal Gibbons.Most Eminent and Most Reverend Sir: The

Supreme pontiff, . Leo XIII., who has morathan once shown signs. of , his love for you,

, most eminent sir, to-day commits to you thehonorable office of . investing with the , redberetta him whom he has recently electedto be his brother and counsellor. Wherefore,most eminent father, deign to accept my con-gratulations and rejoice in the new glorywhich to-day adorns this temple. Here, to-day, under; your lead, all once more rejoicebecause one is raised to the supreme dignityof the cardinalate whom all unite in honoringas a most upright, ' religious, diligent head otbis order, the assiduous consulator of thesacred congregation, the most prudent apos-tolic delegate in these United States. Theseand other virtues, which are best known bythose who have lived in close and familiarintercourse • with him have not escaped thenotice of.the chief bishop' to whom it be-longs to rule the universal church and toselect wise and faithful co-workers in thetask of feeding and protecting the flock com-mitted to his. care. His obedience .overcamehis humilityand brought him unwillingto thissublime dignity, of which I will say nothingat present as another more worthy than I willmore clearly and more gracefully speak of it.

Well Indeed, may you feel; pleased to-day.most reverend sir, when discharging, thecommission of the livingPeter you see aroundyou the archbishops and bishops, . heads of

. Continued on Eighth Page,

STEEL PLANTSCENTRALIZE

Policy of the United StatesCorporation.

SOME PLANTS LEFT IDLE

These to Comprise Those That Can-

not Be Operated Economically.

NOW PITTSBURG DOTH REJOICE

Fifty Thousand More Mill Men to Be, Brought to the City of

Smoke.

Pittsburg, May The Commercial-Ga-zette says:

The United States Steel Corporation hasadopted the policy of centralizing operations,of abandoning Its smaller plants, those dis-advantageous^ -located and those that cannotbe run economically. The work heretoforedone at these plants will be transferred to

those that can be operated to the advantageof the company. On the details of this pol-icy operating heads of the concerns of thecorporation have been in conference in NewYork. Undoubtedly the plan will revert withgreatest benefit to the Pittsburg district, asthe most favored of all ln which the UnitedStates Steel Corporation operates.

Above is the statement of Joseph Rhodesof Pittsburg, retired as chairman of theboard of directors of the National Tubecompany, now a constituent of the UnitedStates Steel Corporation, in reply to aninquiry as to whether the new Morgancombine had adopted such a policy. Theadoption of this policy of centralizing op-erations by the United States Steel Cor-poration will mean to the Pittsburg dis-trict if carried into effect, without delaythe bringing here within a year of about50,000 mill men from plants of the com-pany that will be abandoned. The mass-ing of much more of the operations of thecompany In Pittsburg will not only add tothe number of mill men employed here,but the slants from which the most im-portant supplies of raw material aredrawn in this district will also take onmore men. This is notably the fact in re-lation to the coking plants of the com-pany in the Connellsville and adjoiningfields.

The underlying companies of the newMorgan combine have bene workingtoward the same plan of mobilizing op-erations and abandoning the isolated andsmaller slants and those that cannot beoperated economically. The AmericanBridge company has had plans drawn fora new $1,000,000 plant to be erected in thePittsburg district. The American Bridgecompany has its plants scattered throughthe east at points where they are at adisadvantage to operate and some are con-sidered for abandonment.

The recent announcement that theAmerican Sheet Steel company had givenup its plan to operate the new and costlyplant in Chester, W. Va., was a reflectionof the new policy of the now Morgan com-bine. The equipment of this and otherplants will be taken to Vandergift, wherethe most modern -plant of the company,that of the Apollo Iron and Steel company,is operated. -IV

For the American Steel and Wire com-pany, the United States Steel' Corpora-tion is expected to carry out the plan ofthe wire company to centralize all op-erations possible at Neville Island, where$10,000,000 works are being built. Thishas already led to the abandonment ofplants at Worcester, Mass.. and is ex-pected to be followed with works at Cin-cinnati, the Portage works at Newburgh,-\. V., and the works at Everett, Wash.

BRITISH IRON AND STEELHOW THEY FAIL, IN THE RACE

Painful Discussion at a Meeting ofthe Iron and Steel Institute

ln London.London, May 8.—The annual meeting of

the Iron and Steel Institute commenced to-day. It is attended by all the prominentengineers in Great Britain, while almostall the American engineering centers arerepresented, Andrew Carnegie beingamong those present. The new president,William Whitehill, devoted almost all hisremarks to American methods, declaringGreat Britain would be compelled to adoptthem. He said:

"We shell have to fight much harderin the future to retain our proud posi-tion."

The principal paper at the opening ses-sion was read by William Garrett ofCleveland, who declared Great Britain'ssupremacy in the iron and steel trade,so long held, was now lost. He said:

Your falling behind is partly due to thefact that up to the present you have had nocompetition. I may be wrong, but I ventureto assert that during the past ten years allthe British iron and steel manufacturers to-gether did not spend as much money in im-provements as the Carnegies did in two years.Is your Ingenuity and energy exhausted—youwho at one time were the greatest manufac-turers in the world? I cannot believe It.

Mr. Garrett went on. to point out. towthis condition of affairs could be remediedby consolidation.

The chairman, in anouncing Mr. Carne-gie's gift of £6,600 to the institute fororiginal metallurelogical researches, saidMr. Carnegie had decided to double theamount and the council had agreed todistribute it among various nationalities—one-third to Dr. Mathews (American) onethird to Dr. Goldberg (Austrian) and one-third to Dr. Stansfield (English).

Mr. Carnegie subsequently, in propos-ing a vote of thanks for the president'saddress, said that in his opinion thepresident had put his finger on the rightspot. The whole lesson of this was: "Youmust look at home and develop the ma-terial you have."

Mr. Carnegie believed thoroughly thatCleveland Iron would make good steel. Hewas certain the basic process would suc-ceed in Great Britain as it had done inAmerica. What was said in America tothe contrary had not prevented them frombuying up all the mines nobody else want-ed. The same could be done in GreatBritain. The Bible taught them, "Seekye first the kingdom of Heaven, and : allthings will be added unto you." He (Mr.Carnegie) said, "seek |ye first the UnitedKingdom, and the markets of the worldwill be added unto you."

"Get right at home," said Mr. Carnegie,"and do not worry about things abroad."

The way to get hold of foreign markets, jMr: Carnegie continued, was to get hold Iof and conquer the markets at home. It|was not necessary to thank him for the Iprizes he had given for research. , Hehad to. thank the institute, , for he felt itwas a field in which a great deal. moremoney might be profitably spent.

DISORDERLY DONSSeveral Killed and Injured In a Riot

at ,Barcelona..- Hendaye, France, May B.—Advices re-ceived here from Barcelona, jSpain, ' sayseveral persons were \killed and numberswere , injured : during the- disorders thereyesterday. *AmUority. <_ the trades havestruck-wor-*-. \u25a0'

CLEAN.FORGOT WHAT HE WENT AFTER.Cuba—Where's that absolute independence broom I sent you to Washington for?The Delegate—By gum; I thought there was something I had forgotten.

INDIANS WILL ARMChippewas of Pine Point WillMake

a Demonstration.

OBJECT TO THE REMOVAL OF LOGS

Their Rights. They Say, Are Ignored

—Capt. Mercer's, EstimateSot Acceptable.

St. Cloud, \u25a0 Minn., May B.—Authentic In-formation has been received here that theChippewa Indians of Pine Point, TwinLakes and Gull Lake, are to arm ' them-

selves and march, on Sunday, around the

lake for the purpose of preventing theremoval of from 15,000,000 to 20,000,000feet of pine logs, the property of theCommonwealth Lumber company of

Frazee. The logs were cut under thedead and down law and the Indians claimthey are green.

Special to The Journal.

There are between 300 and 400 Indians,

all "removal Indians," and they claimthat Captain Mercer and everybody elseIs cognizant of the injustice done them.They will not accept his estimate and willfight for what they claim are their rights.

The Indians are said to be desperate

and hostile in. their intentions towardthe whites around the lake on the WhiteEarth reservation thirty-five miles northof Detroit. The information was received

from a trustworthy source, and It is be-lieved that another Leech Lake troubleis in prospect.

FARR IS OX HIS WAYi ..Will Scale the Green Timber Tres-

pass at Leech Lake. .J. R. Farr, superintendent of logging

operations on the Indian reserves whoco-operated with Captain W. A. Mercerin scaling the green timber trespass un-der last winter's "dead and down" op-erations on the Leech Lake and Chippewareservations, is at the Hotel Nicollet. Mr.Farr is on his way back to the Leech Lakedistrict, where he will confer with Cap-tain Mercer as to the wind-up of the op-erations in that territory.

In an interview in The Journal, afew weeks ago, Mr. Farr said that he ex-pected to visit the White Earth and RedLake reservations and scale the greentrespass unless otherwise ordered by theIndian department. , Having received no \u25a0

instructions to interfere with his originalintentions, Mr. Farr expects to visit thetwo reservations' and scale the green tres-pass. Whatever green logs were cut inthose districts are now on the drive, butMr. Farr says their absence is a matterof small moment as he will visit the worksor cuttings and take a close account ofstumpage. Said he:

Considering the complicated nature of thiswhole dead and down proposition. TheJournal published a very comcprehensive jsumming up of the situation. It was Impar-tial to all concerned and gave a truthful ex-|position of just what the state of affairs wasup there. I have only one exception to taketo the article—l mean the inference whichmight be drawn from it that my ;work upthere was {guesswork— that I had jumped 'atconclusions and that perhaps the lumbercompanies had not had a fair shake. In otherwords, the conclusion to be drawn. might bethat I had simply imade an estimate of thetrespass. That is a mistake; I put in thirty-two days driving through the Leech Lake andChippewa districts, . and I scaled every footof green timber cut'in those districts. My

work was accurate, and the lumbermen gotjust what was coming to them, no more, noless. |^~~~~~Bp~~~wK~~hw||~

It was my original purpose to make thesame rigid scale at White Earth and "RedLake, instead of which I accepted Mr. Sulli-van's scale, the accuracy of which I had noreason to doubt. \u25a0-.-,--

Now, sinae there seems to be a dispositionon the part ofcertain companies to doubt mydesire for a settlement on the ' right basis, I

Ithink it will be most satisfactory for all.par-I ties concerned if I take a trip through WhiteEarth and Red Lake—just to confirm Super-intendent Sullivan's scale.

[ ; Mr. Farr says Inspector McComas hasonly* seen a small section of the WhiteEarth works and has not. made a generalinspection of the cut: there as reportedin a Washington dispatch to T he Jour-nal. . - , r

Superintendent Sullivan Is to take In-dian Agent Sutherland's, place at theWhite Earth i reservation.

Mr. Farr says that . the department „iswell satisfied .with the way trespassershave been 'brought to time, though great-ly regretting the cutting of green timber.

Snails are not only regarded as a greatdelicacy in % Parks, . but are , reckoned asvery nutritious. *

EUROPEANCOMBINATION

Its Object to Raise Tariffs onAmerican Goods.

A FRENCH PREDICTION

What May Come if Americans En-

croach on European Markets.

A'FRANCO-YANKEE RECIPROCITY

Some— Extravagant Views -of aFormer Member of the /

French Cabinet.

Chicago, May B.—"lf the great trustsin this* country encroach on " Europeanmarkets to the detriment of Europeanmanufacturers, I predict a combinationof the commercial countries of Europe toraise tariffs on American goods to almostprohibitive figures."

So spoke Jules Siegfried, France's min-ister of industry, commerce and -the col-onies in the cabinet of Ribot in 1892 and1893, who is now in this city. He contin-ued: .~j~~pBH~QB|

There is but one logical solution of thepresent situation, and that is the signing ofa fair and equitable reciprocity treaty be-tween the different nations. I always havebeen in favor of such treaties, because theyfoster trade and increase the friendlinessof political relations between countries. partyto them. It really Is the only logical solu-tion of the approaching trouble.

Do I believe a combination of ~ Europeanpowers is probable in the near future? Well,It will follow after several of the countrieshave put up their tariffs to protect theirown manufacturers. You are a wonderful

!people and your country is marvelous In Its[resources. When your competition becomes

'so great as to be alarming the combina-ition of governments will be a very naturalresult. Under reciprocity this situation would|be almost Impossible. Take my own country,France, for example. We buy our steel, ironand machinery from England, but we couldbuy it from your mills just as well. Undera reciprocity agreement between the twogovernments we would come to you for oursteel, our iron, our coal, our machinery

: and in fact nearly all of the material used! in our manufactures and industries. . On theI other hand/we would send your our gloves,1 our fine linen, and. lace and cotton goods,and the commercial' relations establishedwould bring the two countries into closer an.lmore cordial political relations. It would bea benefit to both.

GLADSTONE'S FIREThe \Losses Will Run Up to

$35,000, With SmallInsurance.

Special to The Journal. ','\u25a0'.Gladstone, Mich., May. B.—The terrific

fire which began at 1 o'clock this morn-ing has at last been brought .under con-trol and the town escaped-the entire de-struction of Its most valuable street! by ahair's breadth. That the ; whole of Deltaavenue was not burned seems incredible,as a strong northeast wind' was blowingdirectly against the town and the Are hadgained; great headway before the alarmwas sent in.-No one was killed or Injured badly, al-

though, narrow escapes from falling roofswere common. ' One of the worst;featuresof the fire is that very "little of theproperty was insured. The ; losses are asfollows:. P. and H. ;B.. Lalng, $3,000; in-surance, $1,000; F. Hoyt, grocer, $1,000;no insurance; Dr. N. Kee,; $1,000; 'no in-surance;. A. - Nicholas,. hardware, . $5,000;insured,: for $500;- James-; ..McWilliams;opera-house, $12,000; . insured for $1,000;S. Goldstein, dry goods, $5,000; stocksaved; C. H. Scott, furniture store, $3,000;insured ;for $1,000;-; Delta i Printing com-pany, :. $2,000; Insurance;i hot, known; * G. R.Empson, law office, loss unknown; -Wil-liam . McCallum, loss ; $400; no insurance."The -: fire . department from ,: Escanaba : ar-rived, but ; not \u25a0;. until , after the " fire wasextinguished:' B_-______B

SENDING OUT GOLD.\u25a0„•' New York, May B.—Heidelbach, '\u25a0 Ickelhei-m«r*& \u25a0 Co./will ship .$500,000' In, gold " on thesteamer **____ 1for Germany .T to-morrow. -

ELKINS HELPED 'EMWest Virginia Senator's Life Once

Saved by Cole Younger.

IT'S A VERY ROMANTIC YARN

Naturally He Ia Pleaded to Learn

That They May BeParoled.

Special to The Journal.Washington, May B.—Talk of the parole

of the Youngers brings up an interestingincident in the career of Senator Elkinsof West Virginia. The • Elkins familylived in Missouri at the beginning of thecivil war. The father and one son joinedthe confederacy, while Stephen went Intothe' Union army and was captured- by theQuantrell gang, of which the Youngersand James' boys were members. Quan-trell ordered him turned over to a squadand "taken to the rear," by which hemeant execution. On the way, to "therear" the squad met Cole Younger andFrank James, both of whom knew Elkinswell.'.'|_~~~~B_B9. When James and Younger found outwhat was about to happen, they tried toprevail upon the guards to turn him overto them. At first the guards * refused,stating that Quantrell had ordered Elkins"taken to the rear." Finally James andYounger, promising, faithfully to be re-sponsible for the prisoner to Quantrell,succeeded in prevailing upon the guards

to turn him over. While the companywas riding along leisurely with PrankJames, Cole Younger and Elkins well tothe rear, a bugle was blown and thehorsemen were soon in gallop.. "What does that mean?!' asked Elkins.Cole Younger replied: "It means that weare going into a fight, Steve." In a fewminutes more the entire company' werein full gallop. Then it was that ColeYounger turned to Elkins and said:

\u25a0 "About half a mile further on we aregoing to come to the forks of the road.We will take the. right hand. You putspurs to your horse and take the left oryou are a dead man as sure as your nameis Steve Elkins." Elkins needed no fur-ther encouragement. When the partingof the ways was reached, he lay down flaton his horse's back, plunged spurs in andgot well out. of danger before he wasmissed. An engagement followed soonand Quantrell was under the i_ presslonfor a long time that Elkins had beenkilled.

Elkins never forgot 'the service renderedby Cole Younger and Frank James. Afterthe Youngers had been sent to prison forlife he was ever ready to aid them inany possible way. When he got up in theworld and became a power in politics, hetried many times to secure their pardon.He has made many trips to St. Paul tointercede with the governor of Minnesotafor them. It is related that not longago, before the present state administra-tion went in, he visited St. Paul and calledon Governor Lind and begged ' ~*at Coleand James be pardoned.

"Don't you think they have been pun-ished enough?" asked Elkins. ."Yes," re-plied the governor, "and I would . pardonthem In a minute if I should yield to myimpulses.' : But they are such notoriousmen that if I were to pardon them, itmight become a dangerous issue in statepolitics." After Van Sant was inaugur-ated, Senator Elkins renewed his efforts.The Youngers themselves are not moredelighted at their prospective release thanthe senior senator, from West Virginia. -

This is the story as Senator Vest re-lated it to; Senator Culberson and as re-peated 1 later to Senator Culberson by Sen-ator, Elkins himself. .

CHANCES NOT GOOD

Voungrers Will 4Probably Sot Be

Paroled.

The board of prison \u25a0 managers did notparole the . Younger' brothers. Their ac-tion -.'as merely a resolution requestingthe written"consent of the members ofthe board of pardons. There are two reso-lutions, one for each of the brothers.They reached the governor's office thismorning/ and were. placed on file pendingthe action of the three members of theboard of pardons. 'The governor, attorney general andchief justice do not give any inkling oftheir intentions. A meeting of.the boardis- not required," as *the law only requires

"the written ' consent of . the ' "\u25a0\u25a0 individualmembers. It is probable that they.willmeet to discuss the; question, , however. . .

The board of prison managers will, notmeet again until June 6. Should the boardof."\u25a0 pardons "delay "action "until Aug. .1,when the board of prison ; managers givesway to c.the board of control, the fate. ofthe Youngers would: rest in the hands ofMessrs. Morey, Lee and Leavitt. Thechances? are, however, that the applica-tion will not receive the indorsement ofthe board of -pardons, at stage /theproceedings. v, - \u25a0.'._" Warden Wolfer was a caller at the capi-tol this' morning, - but had ; nothing ; to' sayabout - the .Younger matter.

New York, May B.—The stock marketwas utterly demoralized at the openingto-day by the developments in NorthernPacific. What were rumors -yesterday be-came assertions as of fact. to-day thatthe Harriman interests, -in retaliation forthe recent attempt ,to secure i the controlof, the Union Pacific; had turned upon theMorgan-Hill interests and .wrested fromthem the control of-Northern Pacific.

The competitive buying which resultedcaused a virtual corner in . the stock, ;o

the discomfiture and panic of a very largeshort Interest. -The collateral conse-quences of the operating war this dis-closed between. the most powerful finan-cial interests in the country caused acutealarm among the large operators. long ofthe market. The Harriman syndicate, sup-posedly backed by i the Goulds and : Stand-ard Oil interests in bitter warfare withthe Vanderbilt-Morgan-Hill combine, of-fered alarming suggestions to the heatedimaginations of speculators. While shortswere bidding any prices for Northern Pa-cific, therefore speculators were unload-ing other stocks all through the list.

Stock Forced : Down.By some means Northern Pacific had

been forced 10% points under last night'sclose here ln the London market thismorning. The opening sale here was of2,000 shares at 155, a rise of 11% over lastnight's, close here and of 22% over themorning's London price. On subsequentpurchases of blocks not exceeding 2,000shares, the price Jumped five points at atime to 180 and then fellback to 155. Theprice fluctuated violently afterwards be-tween 155 and 145. The preferred stockbroke 9 points: \u25a0

Canadian Pacific broke 4% and then ral-lied 6%. Opening losses in the otherstocks ran, from 1 to 3%. Union Pacificrose a fraction, broke 3 . and then cameback 3, measuring the hopes of advantageto the stock from the Northern Pacificcoup. Some, of the most urgent . buying ofNorthern . Pacific came from arbitragehouses, showing that foreigners werelargely represented in the short interest.

Extreme Disorder.- The disorder on the stock exchange wasextreme during the first: hour, but strongrallies in the general . market and therelapse in Northern Pacific reassuredhdlders and the market became quieter.

The market showed an undercurrent ofnervousness, but - presented ""_< a"S muchstronger front on small dealings. An up-ward bound in Northern, Pacific whichbrought it to 158 and a simultaneous rallyof 5% to 127 in Union Pacific had a stim-ulating| effect lon ~g the -entire ;. market.Northern Pacific preferred recovered 6%.General.rallies were \u25a0 from 1 to 5 pointsfor the lowest with the western stocksconspicuous. Canadian Pacific brokefrom 115"4 to :.110~_. At noon the marketwas quieter than-, for months, and therewas a general; disposition to trade cau-tiously in view of the sensational eventsof the day.

Northern Pacific pursued a very erraticcourse after midday with , fluctuations of5 points occurring on transactions of only100 shares. The price got up as high as170 again. Union Pacific rose to 129%, butfears that absorption of Burlington mightbe Jeopardized by developments on theNorthern Pacific caused . Burlington tobreak 10% to 186.

The whole market broke with violenceagain. St.- Paul, Rock Island, SouthernPacific and Missouri Pacific, which hadrisen from 1 to 3 points above yesterday'sclose, made, wide declines. Union Pa-cific slumped 6; St. Paul, 6%; RockIsland, 5%; Atchison, 3*^; Southern Pa-cific, 3; Missouri Pacific, 6; Canadian Pa-cific, 5"4, and many other stocks from 1to 3 points. Burlington rebounded to 193,but did not hold.

-Panic Condition* at the Close.

A brief rally met with heavy sellingand prices slumped at such a rate duringthe last hour that panic conditions de-veloped. Holdings were thrown over with-out regard to price and declines of % to apoint, between sales were the rule in theactive stocks. There were occasionalfeverish pauses in the downward course,

due to desperate attempts to check theliquidation, their duration was onlymomentary.

Northern Pacific Very Erratic.

Tho drop in St. Paul reached 19%, InUnion Pacific 16%, in Rock Island 14, in

NO BAR TO POP!/ SELLINGWIS. house: "WILL NOT RECEDE

Apportionment Laid Over Again—

Adjournment Likely to BeTaken on May 15.

Special to The Journal.Madison, Wis., May. B.—Despite a strong

speech by Assemblyman Orton.in which hedenounced the bill as legalizing gambling,the assembly, this morning refused to re-consider the bill permitting pool sellingby a vote of 41 to 40. The bill now goesto the senate.

The assembly, passed: the bill for thelicensing of stationery engineers and alsothe bill providing a . state appropriationfor free high schools. The amendment ofthe committee on claims to the bill for auniform system' of : state , bookkeeping,which empowered the t secretary of stateto employ additional help to carry, out theprovisions of the bill, was rejected andthe measure ordered engrossed in itsoriginal form, compelling the . secretary ofstate to keep the books under the systemwith \u25a0 the present help. .'•;The debate' overthe bill was very bitter and Assemblymen

Hall and Sturtevant claimed the secretaryof state had; now plenty of help withwhich to keep the state's books under thepresent system. . - -

The senate laid the apportionment bill,passed in the assembly , last . night, overuntil this evening. , Senator Kreutzer hassome objections to the form' of the 'tenthdistrict, but the*, general! belief appearsto be the bill will be passed:in the formin >which.it now drawn. ;.-./'.j.' .' ~. ./,*-4

The senate .this morning passed a reso-lution . for; final > adjournment at noon onWednesday, May 15. . This resolution cutsoff all calendar work '\u25a0 at ;'.noon : Saturday.

The assembly laid the resolution over un-til'; to-morrow,/ but. will probably J finallyadopt it. Bums' caucus 'and ;conventionbill was *;passed: under, a suspension of therules In the : senate. / *

Yokohama, May B.—There have been ', heavy

runs ;on the \ Kioto "banks and V one of '.themhas suspended, though' oided to the extentof 300,000 yen. 'The Bank of Japan is Head-ing 6,000,000 yen to Kioto. ;-"-;••;: /

RUN" ON JAPANESE BANKS.

THE MINNEAPOLIS JOURN__l£fc"^^"~" ___\u25a0_•____, ?V^. ..._.. • \u25a0:*•"*\u25a0_.\u25a0 \u25a0-•"' {.«MAir"rM

16 PAGES-FIVE O'CLOCK.

HILL NOT A BUYER

em Pacific for Six Month-.

CANT HAVE IT\u0084;s

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WILD ON NORTHERN PACIFICDevelopments l^egardin^ This Northwestern

Road Utterly Demoralize the Stock Mar-ket—Other Stocks Affected.

Competitive Buying Causes a Corner in theStock—Sales Open Lower and Fluctuate

Violently Between 155 and 145.

Brooklyn Transit 10%, In.New York Cen-tral 8%, in Missouri Pacific 9, in Louis-ville & Nashville 8, in Pennsylvania 7, inPeople's Gas 8, in Texas & Pacific 8%, inSouthern Pacific 8, in Canadian Pacific 10,and in the general run of active^ stock*1 to 5. United States Steel stocks sud-denly collapsed, the common falling 6%and the preferred 11 by easy stages. ; Asthe declines reached greater proportionsand wiped out the more strongly, marginedaccounts the weight of the offerings "in-'creased and the confusion and nervousnessseemed to deprive the operators of their <

power of judgment. B_5P*J_K-PWhen United States Steel preferred had

reached a decline \ of. 12 points apparentlyunlimited buying orders appeared in thestock, which rallied it B.points. Therewore other rallies In sympathy,' BrooklynTransit recovering 6 points, and. otherprominent stocks from 2 to '3 _. Otherstocks, however, continued to break tostill lower levels, Missouri Pacific-touch-ing 99*4, Amalgamated Copper losing 12*4,Illinois Central *1, Western. Uniou 10,American Tobacco 9, Erie 8%,. Manhattan7 1 and Union Pacific extending its loss to17 points. In the closing dealings themarket continued Its wild and . erraticcharacter, sudden rebounds in some pointsbeing offset by renewed declines on others.

What About the Burlington-?

The Evening Post, in discussing theNorthern Pacific situation," says:.. Kuhn, Loeb & Co., it was credibly statedto-day, have acquired sufficient Northern' Pa-cific stock to prevent. If. they desire, theapproval of the Burlington purchase ,byNorthern Pacific shareholders. Their • pur-chases,' for the most part, have been madewithin a week. Some compromise will bemade, as .the parties In conflict are so Im-portant and Union Pacific's interests, whichthe manage— of that property felt, werethreatened by the aggressive policy of theNorthern Pacific, will be protected by agree-ment or by Mr. Harriman: and perhaps otherUnion Pacific directors going into the North-ern Pacific board. These are matters which,necessarily, are still unsettled, but •Kuhn,Loeb & Co. now virtually have the \powerto determine whether Northern Pacific . willsecure the Burlington and with assurancegiven that their Union Pacific interests willbe fully protected, It appeared; to-day :thatthey would not push their advantage so faras to stop the merger proposed by Mr. Hill.' -

Declares He Has Sot nought North-

Special to The Journal. \u0084'."': i- . '.-_,,'New York, . May'B.—James J. « Hill' was

interviewed at - Hotel \ Netherland on . theconnection of his name with : the phe-nomenal' movements in Northern Pacificstock. He was asked:;-. "Is :it true ; that the Morgan-Hill intereetsare expending millions, as * was ,reported .inWall street -yesterday, in | order;, to maintaincontrol of the Northern Pacific, and .that thisis the cause of the recent phenomenal rise inthe price of the stock of that railroad?" -

Mr. Hill smiled. "I have nothing to say,"he said. "Walt one minute, though— willtell you this: It has not cost me 1 cent. Thereason is that I have not bought a share ofNorthern: Pacific in six months. I am presi-dent of the Great Northern, you know, and Iam not trying. to _; purchase Northern Pa-cific. I know nothing of Mr. Morgan's rela-tion to the road," said Mr. Hill. "Mr. Mor-gan and I are two separate individuals. 1

"Then it is a mistake to speak of the Mor-gan-Hill interests in Northern Pacific?"

This question Mr. Hill did not answer. \ Hesaid:

_ ____"I cannot speak -for . Mr. Morgan, •" but I

guess you would not go far wrong if you saidMr. Morgan's position is analogous to mine."

;."What, then, do you suppose is the cause ofthe surprising Jump in the* Northern Pacificstock?"

"It Is all ghost dancing. The situation issimply this: Wall street Is full of rumors andreports without foundation. There are cliquesand parties there that are always ready, torush in and buy or sell as the case may beupon the slightest provocation. .That is thesituation to-day, and in. my opinion that -. lathe only explanation of the change in North-ern Pacific." •.\u25a0Tf:)""."!?;

Mr. Hill was very busy. ; He was; en-gaged for several hours talking con-fidentially with friends. He sent manymessages from his room to the telegraphoffice and was frequently called to thetelephone. ...MICHELET TO BE AGENTAT WHITE EARTH RESERVATION

Agent Sutherland's Resignation Be-.comes Effective July 1—

Mlchelet Is Silent.

. News comes . from Washington to-day.that the vacancy at the White Earth res-ervation caused by the resignation of In-*\u25a0

dian Agent Sutherland is to be filled im-mediately by the; appointment of SimonMichelet of this city. Mr. Surtherlnad'sresignation is to take effect"* July -l."andMr. Mlchelet' is: to assume the ; duties of:the office at that time. • ' V; •' ,':: Mr. Michelot; Is one of the more" activeof the younger .republicans of • the city.For many years he was secretary of therepublican county, committee.,_;He was anassistant under; County Attorney Petersonand-was* clerk of the judiciary committeeof the house of representatives during thelegislative session Just closed. ; ,

Mr. Mlchelet * will:;neither deny * noraffirm; the announcement, but it is a set-tied fact . He was Indorsed by both sena-tors and by National . Committeeman T.H. Shevlin. %WSSM^^mV^rWr%"\u25a0 The ' position -pays a . salary of about$2,000, together with house rent, fuel andthe use of a team. -: >.''•'

National Tele7"~-Ph; New* :. Company

Deprived of Ticker' News. ?;"""•Chicago,.. May.B.—An injunction was

granted;to-day. by the federal: court in thecase of the .Western'-. Union against theNational Telegraph : News company,*, et al."restraining the latter' from using; any 'ofthe sporting, news, quotations fand 'other,information •, transmitted ibyi, the;WesternUnion s over ; Its. tickers' until 1the \lapse ofan i hour • from"-. the time > such | iteans » firstiappear upon the tape, or from copying

such news' for;republishing. "Judgjs "Kohl-.saat; held 5 that J the Western Union, has I»---right iof.- property ;in ; the 5 information col-lected at great expense,', and that Its prop-erty ; does. not 'cease -when .it~ is "publisheda_ the tickers. ;