The News and Observer. ~.-,*■4 * » U' VOLUME X TOE QJMBdESTT ©F AIM RS®OBTO ©AtMOJKR DDADOT. DEBATE CONTINUED SENATOR HIM/.'* AMENIIME'T IX HF.(iA«I) TOTHE IN COME TAX. DEFEATED BY A VOTE OF 40 TO 6. Senator Vest Makes a Very Sensational Speeeh in Wlucli lie Discusses the Senate Rolen— He Declares That Sen at rs %rc Like Quacking Mus covy II rakes II hen They Want to <;et a Hill Passed—Hopes the Pres ident Will Call an Extra Session. Washington, I) 0., Jan. 10 —The de bate on Senator Hill’s amendment to the urgent deficiency bill, in reference to testing the constitutionality of the in come tax, occupied much of to-day’s session, and ended in the rejection of the amendment by an overwhelming majority. Mr. Vest’s reminiscence of the events of last session while the tariff act was hanging in suspense between the two houses, were of considerable interest and importance; and his declaration that the President ought to call Congress in extraordinary s*ssion if it adjourned without proper financial legislation, at tracted considerable attention. Mr. Vest and the Income Tax. Mr. Vest said he was largely responsi ble for the form in which the income tax provision stood. Ho did not claim that it was perfect, or anything like perfect, but he asserted that its imperfections were caused by the fact that, in the ab sence of rules in the Senate to close do bate, the Finance committee was com pelled to put the tariff bill through under whip and spur. The entire country, he said, was clam oring for tar IT legislation. He was tired of hearing the ceaseless charges against the tariff law and its defects, coming from those who knew the reason why those defects existed Those who had charge of the measure had endeavored to make the income tax as unobjectionable as possible. There had been grave d« - feets left in it, aud it had been proposed that those defects would be reformed in the Conference Committee. Mr. II 11: “Does the Senator mean to say that the conference committee was engaged in any particular effort to agree on the income tax ?” Mr. Vest: “1 do ” Mr. Hill: “I never so understood it.” Result ol the Want ot Rules. Mr. Vest: “I make the assertion now that the differences between the House and Senate in relation to the income tax were taken up and referred to Mr Me Millan and myself, and we worked night aud day for more than a week aud finally came to a conclusion. Just as he had succeeded in doing so, and while we were considering an entirely different portion of the tariff bill, action was had by the Senate which resulted in a tie vote on the question of the discharge of the conference committee, and the House of Representatives then accepted all the amendments of the Senate to the tariff bill And the condition in which we find ourselves to day is one that has came naturally from the want of rules iu this body. Mr. Vest drifted into a discussion of the rules, in reply to Mr. Gorman's de fense of them on Monday. He argued that on any financial measure it was im possible to force action, while on other matters any Senator might have almost any bill passed under “senatorial cour tesy.” “Like Muscovy Drakes,” “When any Senator,” said he face tiously, “desires to pass a bill that does not excite sectional or partisan opposi tion, Senators are like a lot of Muscovy drakes, aud bow in quack metre to each othir, and then go with solid and stupid dignity to the routine business of the day. (Laughter) But when you come to questions like the tariff bill or finan cial legislation or the force bill, where the passions and prejudices of the Sena tors are neerssarilv aroused, it is almost impossible to secure any result iu this body, so long as five Senators are opposed to its enact meat. And experience shows, that, in few cases the corpse of legisla tion is brought h* re on a litter by the time Congress has passed upon it. 1 as sert now that the most vicious and dan gerous ami utterly indispensible feature of the absence of the rules to close de bate is the fact that it gives to a minor ity the power of threatening those iu charge of a bill and of forcing undue and untimely action.” On another point iu his speech, Mr. Vest said : “I have no right to say what the President will do, for l do not enjoy the executive confidence, but 1 sincerely hope that if Congress adjourns without financial legislation, the President will call us, immediately on the final fall of the gavtl, iu extraordinary session, and we will then ce whether the Republican party, by its enactments, will bring pros perity to the peopleof the United States.” The Next Senate. • We will not have a Republican Sen ate,” Mr. Hawley suggested. “You will not have a Democratic Seu atc.” Mr. Vest retorted. “If the Re publicans increase the power in their bands they will organize this Senate.” Mr Vest pointed to the alcohol item in the tariff law as one result of the Senate rules, which compelled the ac ceptance of improper amendments. He said that the Seuator who offend the amendment to make alcohol used for perfumery free of tax Heart had suggested that if it were judged to be unwise it might be struck out of the bill in conference. Yet the enforcement of that provision would cost, according to the report of the Sec retary of the Treasury, one million dol lars a year and would affect very seri ously besides, the collection of tax on distilled spirits. The amendment had been drawn up, he said, by an apothe cary or drug min in Massachusetts. It was crude and unsat isfaetery and had been struck out in the conference, but theconfe ence c >mmittee had not been permitted to report. • The Chair i* Sustained. Finally a vote was reached on the question of ord< r, “Shall the decision of the Chair stand as the decision of the Senate ?” and the decision of the Chair was sustained by a vote of 40 yeas to (> nays. The negative votes were cast by Davis, Dubois, Hill, Mitchell, of Oregon, Petti grew and Quay. Mr. Lodge offered bis amendment pla cing the otiHals authorized to lie ap pointed for the inc me tax in the civil sen ice Tabled, yeas 34; nays IT. Mr. Quay renewed his amendment for testing the constitutionality and validity of the income tax, and it was defeated. — Yeas 19, nays 32, as follows: Yeas—Aldrich, Chandler, Davis, Frye, Gray, Hale, Hawley, Hill, Lodge, Mc- Millan, Manderson, Mitchell of Oregon, Pettigrew, Platt, Proctor, Quay, Sher man, Smith and Wilson.—l 9. Nays—Allen, Hate. Berry, Blackburn, Blanchard, Butler, Call, Camden, Cock rell, Dubois, George, Gordon* Gorman, Hunter, Jarvis. Jones of Arkansas, Kyle, Lindsay. McLaurin, Morgan, Pugh, Ransom. Roach, Stewart, Teller. Turpie, Vest, Vilas, Voothees, Walsh and Wol eott 33. Th*' paragraph for salaries and ex penses of ten additional revenue agents was amended at the suggestion of Mr. Allison (Rep.), of lowa, so as to reduce the number to three, and by striking out the words “and to carry into effect the act “imposing a tax on incomes.” Ilill Oilers Another Amendment. Hill offered an amendment providing that cone of the appropriation should be used for the purpose of compelling a tax payer to make any return or to answer any question except as to sources and amount of his gains, profit and income Mr. Cockrell said he would offer uo opposition to the amendment and it was adopted. Mr. Chandler asked Mr. Cockrell whether, in the conference committee, he would insist on keeping in that amend ment. Mr. Cockrell replied that he would if he should lie of the same opinion that he was now, for he thought the amendment was right. The bill was then reported to the Sen ate (from Committee of the Whole) and all of the amendments to the bill were passed. The Senate, at 5:45 adjourned. TIOSIIV’S FAMOUS COMMAND. A Re-union of the 150 Survivors ol this Historic Itaml. Alexandria, Va., Jan. 10. —The re union of Mosby’s command in this city to-day brought together about 150 of the survivors of that historic band, includ ing Col. Mosby, Lt. Col. Capman, Major Richards ami Captain Chapman. Many ot the men have never met since the command disbanded iu 1805, and the oc casion was a most joyous one. An organization was affected by the election of Col. Mosby as commander; J. A. Alexander as lieutenant commander, with other officers, aud there wiil be an other reunion at Mars Hill, Va., next August. Tonight a banquet was held at Odd Fellow's hall at which speeches were made by Col. Mosby, Senators Gordon, Daniels and H unton and others. Many persons were present, and five hundred persons listened to the speeches, all of which recalled stirring incidents of the war, and were applauded to the echo. Col. Mosby received an ovation. Major Richards acted as toast master. NORTH CAROLINA FINE. The Southern Dressed Lumber Asso ciation Formed by Dealers. Baltimore, Jan. 16.—Several gentle meu representing Southern and northern firms interested in the working aud mar keting of North Carolina and southern pine lumber, met here to day and per fected an organization looking to a com bination of interests and also to the mu tual protection. John Roper, of Nor folk, Va., was elected president. The organization’s name is “The Southern Dressed Lumber Association.” and its headquarters will be at Norfolk, where a director’s meeting will be held February Ist. The organization repre seats a lumber output of 300,000,000 per annum. ilnltimorc and Potomac Presidt my. Baltimore, Md , Jan. 16. —The rumor was current in financial circles to-day that Mr. Benjamin W Newcomer, presi dent of the Safe Deposit and Trust Com pany. of Baltimore, had been proffered the presidency of the Baltimore and Po tomac railroad (a part ot the Pennsyl vania system) to succeed the late ex Governor Bowie. Mr. Newcomer is now a member of the directorate aud could Ik* elected by the directors. A meeting of the board will soon be held. Ohio River Booming. Huntington, W. Va., Jan. 16.—1 n the past twenty-four hours there has been a heavy rain fall in tne mountains south of here and the tributaries of the Ohio’ are booming. Timber rafts by the hundreds have started from the head waters, composed of the finest quality of wood. John K. Miners and George Harris, two men loading logs at a point up the Guyandotte were drowned to-day. The bodies have uot been recovered. RALEIGH. N. C.. THURSDAY. JANUARY 17. 1895. PROPHETIC WORDS V LETTER BRITTEN BN SENA TOR HILL NEARLY TW <* \ EARS ABO. DOCUMENT OF NATIONAL INTEREST He Believed That the President Made a Mistake in Regard to the Extra Session, ami That It Would Result in Democratic Defeat He Favored an Early Repeal ot the Sherman Law-Senator Hill’s View’s on the Taritt,Silverand Financial Question. New York, Jan. 16—Th*' New York Recorder and other papers will publish to-morrow a letter from Senator David B. Hill, of New York, written tv arly two years ago to Mr. Clark Howell, of the Atlanta Constitution, in which Senator Hill authorized its publication sometime ago. The letter was written sometime prior to the extra session of the present Congress in the summer of and bearing directly upon the next national campaign and the developments of the past two years, becomes a document of national interest. It is as follows: “(Personal ) Albany, N. Y., Jan. 13, 1893. My Dear Howell: —Absence from home and professional engagements have pre vented an earlier reply to your recent letter, asking confidentially my views on certain questions. First, as to the approaching session of Congress. 1 am one of those who be lieved that the extra session of Congress should have been called in April last, and 1 so advised the President iu the first aud only interview 1 have had with him. He seemed bent on having one in September, which 1 thought was a mis take. 1 believed then that whatever policy in regard to the currency and tarifi - that was desired to be adopted should be done in the spring, before the patronage had been distributed and be ore party differences should augment. The Presi dent thought differently, but has finally yielded to outside pressure and has called the session for August. 1 fear that it is a mistake. 1 fear that we shall be in session until December. Ido not like the prospect of having a Demo cratic Congress in session during the fall elections. I anticipate many dif ferences and much bitterness will be de veloped. All of this will tend to dis tract the party and give us a set-back in the fall. 1 hojie I am mistaken iu all this, but fear 1 may uot be. So long as Congress must meet, l nope it will only be in session thirty days and adjourn. This would be my programme if it could be carried out. The extreme silver men can prevent it; the Republicans can prevent it; and general cussedness can prevent it. All the chances are that we shall be in scs- - sion until December. 1 would not ta*-e up any other legislation than financial, if 1 could have my way. “Second. As to the repeal of the Sher man law. I favor the unconditional re peal of that law. 1 have always been opposed to it. The true friends of silver make a mistake in attempting to defend it. It should be abandoned by general coust nt. My views were partially ex pressed in my recent Tammany letter, which yon have undoubtedly seen. Per sonally, I should prefer no* to repeal the la* 1 ' until an acceptable substitute was provided iu order to render more prompt the adoption of such substitute and not because I approve at all of the Sherman silver law. But from a party point of view, the tirst course is unconditional repeal. The country expects it and the party will be found fairly well united in favor of it. Therefore, it is unwise while agreeing upon the general position to waste our time in agreeing upon a sub stitute pending the repeal. D't the re peal be made at once and let us differ as to other financial matters afterwards. I am in favor of hi metalism iti the near future. We should seek to keep that issue to the front , we should not strive for temporary success or compro mise measures. We should be for free coinage under au internation al agreement if it. is possible to procure one—and for which every exer tion should be made—and if not possi ble, then for independent bi-metalisra. This is the great goal fo** which we would strive. It cannot be done at once. Our friends must not be impatient. The people must be educated. The unexpec ted action of India and the general sen timent of the monied classes conspire against us at this time. Ido not believe in the Bland bill or any other measure which guarantees anything less than un restricted coinage for gold and silver alike, as pledged in the Democratic Na tional platform. Let us prepare, not for present vic tory. but for victory upon that issue in 1896. The repeal of the Sherman law will not give the relief which is antici pated. lt will aid business temporarily, but iu a year times will be hard aud the demand for permanent financial relief will be irresistible. We should continue to hold out free coinage as the goal which the country must ultimately reach. The triumphal success of the mono-metalists will be but temporary. “Third. As to the repeal of the ten per cent, tax on State banks. That tax cannot be well defended. It is an uu j democratic tax. Ostensibly it is im posed for revenue, but it does not, in fact, bring in any revenue, and was never intended for that purpose. From a Democratic standpoint its imposition is an abuse of the taxing power. I should not like to go upon record iu favor of such a tax. nor do I desire to refuse a repeal of it. 1 regard that tax question as an independent one, which has very little bearing upon the main great question of the free coin age of silver, and they should he kept apart as much as possible. While that tax cannot be approved from a Dem ocratic standpoint. I fear the conse quences of a repeal. As 1 understand it, it is held that Congress has not the power directly to prohibit State banks from issuing their notes, which circulate as money, although they cannot he made legal tender and are not money in fact. 1 do not like such wild-cat currency and never did. I do rot think we ought to become the champions of it. While perhaps we should take the ground that the States should la? at liberty to issue such notes if they desired to do so yet such issue should not be encouraged. We should not he switched off from the gold and silver issue upon any such sidetrack. I fear the experiment of wild cat State bank currency will uot be a success. It tnav be temporary relief, but in the end it will be disastrous. The bank notes of so many States will be so worthless that while in New York or Georgia they might be perfectly good always, yet in so many other States they would be so bad that the whole circulation would be discredit ed. You will observe from what I have stated that l advise we should move cau tiously in the direction of State bank tax and not mix it up with the legal tender currency question. “Fourth—As to tariff reform. Ido not apprehend any serious difficulty in this matter. There will be a general unanimity as to tho bills which passed the last Democratic House and which were refused consideration iu the Senate. Whatever bills the treasury department may recommend 1 think are likely to be passed. We must make a little tariff re form go a great ways. The condition of the treasury will not admit of much re duction except in those cases where a re duction is likely to produce more needed revenue. 1 do not think we need lie awake nights at all anticipating trouble from the ques tion. 1 doubt the policy of restoring t lie sugar tax. Our people have come to regard sugar as one ot the necessities and comforts of life, and they it as cheap as possible. Let the tariff be retained on those articles which come in competition with my own work men if it is necessary to secure more revenue. “These are my views partly expressed and, of course, always subject to modi fication after consultation with party friends. While I like to adhere to my own views as well as any oue, iu party affairs 1 believe in the old doctrine: “In essentials unity, inuou essentials liberty, and iu all things charity.”' A JURY DEFIES TIIE JUDGE. They Refits*: to Itring in a Verdict in Accordance with Instructions. Chicago, Jan. 16. —A jury in the United States Court created a sensation to-day by defying Judge Seaman and re- j fusing to bring in a verdict in accord ance with the Judge’s instructions. The ease at issue was the $25,000 damage suit of Marie Cahill, a girl who was run over and crippled in 1893 i by an engine of the St. Paul, Chicago j and Milwaukee Railroad, on the tracks of the stock yards company. In charg ing the jury, Judge Seaman told them that the evidence showed that no res ponsibility attached to the defendants, and instructed them to return a verdict for the defendant. One after another of the jurors arose and said: . “Your Honor, 1 cannot render such a verdict.” J udge Seaman’s face became flushed. He gazed at the rebellious jurors for a moment, and then told them to go into the jury room and agree on a verdict. As the jury were filing out of the room, ex-Judge Prendergast, for the plaintiff, j said : “This is the most remarkable pro- j ceedings 1 ever witnessed. I desire to take exception to the charge of the court to the jury. The court has no right to command the jury to render a veidict for the defendant. The jury is the sole authority iu this matter.” At 3 o’clock the jury returned and the Judge addressed the jurors iu relation to his instructions, explaining that the case J had become a matter between the court and the jury and his instructions had been to find for the defendant as a mat ter of law. The Judge's talk was vigor ously objected to by Mr. Prendergast, the court allowing the exceptions. Finally Judge Seamans announced that the jurors would lie called one at a time to give his verdict. All the jurors except one announced their previous | finding for the plaintiff, but consented to find for the defendant under protest. Mr. Clayton, the oue juror who refused to find for the defendant, was committed to the custody of the Marshal for con tempt. of court. After a recess the Judge again return ed, but Juror Claytou reiterated his for mer statement and said that with all due respect for the court, he could not render a verdict for the defendant. Mr. Prendergast th* n endeavored to non suit the case or dismiss the jury, such action to be considered as equivalent as a verdict returned iu response to thecourts order, with the stipulation that action will be taken under the plaintiff’s pro test. This the court decided to do. The counsel for defense objected to the day’s proceedings going on the records, but objection was overruled and further hearing postponed until Thursday. Mr. Pendergast gave notice of appeal. Negotiations Suspended. Rome, Jan. 16.—Owing to the resig nation of the French President the Vati can has suspended negotiation as to a new nuncio iu Paris and the nomination of French cardinals. A TALE OF HORROR SEVENTY -FIV K PERSONS KILLED ItY % TEH Iti fir EXPLOSION IN MONTANA. THIRTY TONS OF EXPLOSIVES. Sil ken i»g Details ot't ho V wtul Traged v --Head*. Arms and Leg* Scattered About the Streets ot the t iiy--Onh About Half the Head Thus tar Re covered Have lt en Identified--Brent Popular Indignation Prevails and an Investigation U ill he Held. Butte, Mont., Jan. 16. —When the smoke, caused by the successive o\p!o sions of the giant powder at the hard ware warehouse last night, had cleared away, the sight which presented itself to the survivors was sickening in the ex treme. The ground for a block around the scene of the accident was strewn with the quivering flesh of dismembered men and horses, pinned down by frag meats of the fire engines anil burning brands from the demolished warehouse. Terrible Destruction Wrought. The warehouse was literally blown to pieces, and a hole seventy five feet deep was excavated in the ground by the force of the explosion. It is feared that some bodies were thrown into this chasm by the force of the explosion aud that they have been cremated. Owing to the nature of the fir*> and its dangerous location, the entire fire force w as called out to prevent a spread of the flames to adjoining buildings. Three policemen had been detailed to keep the Crowd back, and they were also killed. Many of the spectators wore instantly killed, and several were hurled back some distance from the scene of the tire, and rendered unconscious by the force of the shock. Numerous persons living in distant parts of the city have lost the power of hearing and speech from the force of the shock. Probably 75 Persons killed. The list of the dead will probably reach seventy-five, and the damage done to property, will be more than $1,000,000. Iu all. three ear loads of powder exploded. At two o’clock this morning forty three dead bodies had been found and removed to the morgue. Many of them were so shockingly burned and mutilated as to be totally unrecognizable. A small boy whose name is not k nown, about ten years of age, was found dead in the street, a block and a half from the scene of the explosion. One woman was killed in a house halt a block away by an anvil thrown through the roof. Many heads, legs and arms w* re scat tered for several blocks from the scene of the greatest of the explosions. It is believed that a complete list of the dead cannot be secured for several days. The first explosion was caused by nitro glycerine stored in the private warehouse of the Kenyon Connell commercial corn pany, which was burned. The second came from a carload of powder on the railroad track, and the third from the warehouse of the Butte H irdware Com pany, which adjoined that of the Ken yon Connell Company. Only Half the Dead Identified. At 10 o’clock this forenoon the known number of dead was 47. Tips list, will undoubtedly be increased when the de bris of the explosion is reviewed, as it is almost certain that bodies arc buried in the ruins of the demolished warehouse. Os the dead thus far recovered, twenty six have been identified either wholly or partially. in some eases the identification has been by articles of clothing or jewelry, the bodies being defaced and blackened so as to render person identification impossible It is not impossible that in some cases mis takes have been made, but in general there is little doubt as to the identity of the bodies. Some of the bodies, or por tions of bodies, w ill never be identifi d, because of the frightful mangliug they have undergone. Headless trunks, with out a vestige of clothing adhering to them, dismembered limbs aud pieces of flesh are in some eases all that is left. The dead are now distributed among the various undertaking establishments, but some time to day or to morrow all will l>e collected in one place so that identification may tie facilitated. No arrangements have been made for the funeral, but it will be a public affair, and union service will be held by the clergymen of ad denomination. The families of the firemen and policemen who died in the performance of their duty will be taken care of by the city. Pub lie subscrintions will be started for the relief of others. Great Popular Indignation There is the greatest popular indigna tion over the storage of nitro glycerine, giant powder aud rack-a rock in the heart of the city, which is responsible for last night’s horrors. An investiga tion will be instituted to discover who is responsible, and if it is found that any public officials are to blame for the vio lation of the city ordinances they will find this climate too warm for them On the other hand, if the mercantile firms who owned the ex plosives are found to have violated the law deliberately they will suffer finan cially and iu other ways The people are thoroughly aroused over the catastrophe and will make some one answer fur it From all that can be learned, the total amount of explosives that went up in the three explosions was nearly thirty tons —enough to wipe out the State of Rhode Island. There were twenty tons of giant powder alone that went up iu one blast. NUMBER 'S\ DREARY R\\ IN PH K IIOISE* Enliven* *! by a Di-env*i**n «»l 4'ati*e*> ot th** Detent of the t arlMe Itill, \Va*hi\gt»*n. Jan. U’> The usual dreariness of debate in the House upon general appropriation bills, the Indian bill being under consideration, was re lieved to-day by an tut* xjvetod digres sion into the cause of the defeat of the Carlisle currency and banking bill It was precipitated bv Mr. Walker (Rep. i of Mass , who made the statement that the Republicans were ready and willing to support a proper measure for the relict of the country. To this Mr Warner, (Dent >, of New York, respond o*l that the Ropub ie ins were seeking an excuse for their action in defeating the rule for the consideration of the Car lisle bill, and those Democrats who had voted with them, aud he de land the statement « f th*' gentleman from Ma« saehusetts was a mere pretense. Silver Men Deny Responsibility. Mr. Mon* y, (Dem ). Miss’s-ippi, speak iug for the free silver Democrats, denied responsibility for the failure of the rule, and charged it upon the Committee on Rules, who had refus* *1 to permit an un derstanding to be had that a vote on the Bland free silver bill should be taken. Mr. Catching*, (Dem.), Mississippi, tie fended with some feeling the action of the Committee on Rules, saying it had iM'en dictated wholly by the instruction of the Democratic caucus. Mr. R ed, (Rep ), of Maine, said that the situation, in a nut shell, was that the Carlisle bill fell of its own weight, because everybody recognized that it never could have received the votes of a majority of the House. The duty that devolved upon the Democrats was to give the government sufficient revenues to meet expenditures, that would restore the credit of the government and relieve the general financial situation. Jerry Simpson lleartl From. Mr. Simpson, (Pop.), Kausns, raised a laugh by stating that in view »> f the re luctance of the old parties to assume the responsibility for the defeat of the Car lisle bill, he would Ik 1 proud to take it for the Populists. He would also pro pose a plan for relief. as both the old parties were backward in that respect; use silver to pay government obligations: coin the silver seignorage in the treasury and issue treasury notes. Mr. Bland, (Dem ), Missouri, and Mr Mediae, (Dem ), Arkansas, also contributed to the digression, which then closed. Before the Indian bill was taken up a number of unimportant measures re ported from the Committee on Military Affairs were passed, and the bill to es tanlish a national park on the Gettys burg battled Id was made the order for business for tomorrow in the morning hour. Mr. Dockery Preside**. Iu the abseuce of Speaker Crisp at the Capitol to day, Representative Dockery, (Dem.) of Missouri performed the du ties of the Chair. Among the bills passed was House bill authorizing ihe sale by the commis sioners of the Soldiers’ home, what is known a-* the “asylum lot” situated on Pascagoula Bay. The tract covers about seventy-live acres and is worth about $5,000. It, was bought in 1853 and was abandoned in 1855, and has not since been used, Knn Cotton Review. Nkvv York, Jan. 16. Cotton declined 2 to 3 points but recovered this and ad vanced 1 to 2, closing very steady, with with sales of 38,20 > bales. Liverpool declined 1-3 point but recovered this aud closed quiet and steady. Sprit prices were quiet, but without quotable alteration, and it is a noteworthy fact that the spot sales there continue liberal, reaching 12,000 bales, which makes 36,060 bales in three days. We hear that 100.000 pieces of print cloths were sold at Fall River yesterday at 2i cents, the lowest price on record. In Manchester yarns were quiet and steady, cloths quiet. New Orleans de dined one point but recovered this and advanced two poiuts. Ports receipts to-day 25,621, against 32,704 this day last week, and 27,881 last year. Thus far this week 134,446 against 141,484 thus far last week. Thus far this week the exports from the {>orts are 185,437 hales, or 51,000 more than the receipts. Spot cotton here was dull and unchanged. South ern spot prices were generally steady and unchanged, with little business. The stock at Fall River on January 12 was 160,000 bales. Its consumption is estimated at 6.000 bales per week. The New York warehouse stock is 240,000 bales against 218,000; 301,000; 343,000; 87,000, and 114,000 in previous five years. The bad features were liberal re ceipts, low prices for print cloth, some depression in Liverpool aud the absence of speculation. But there if a short in terest here, and every now arul then the price'bumps against it aud then rises a little. That is what it did today. More Trouble at Richmond College Richmond, Va., Jan. 16.—The faculty of Richmond college met to-night to con sider the action of the students in bury ing the college in effigy. The result of their meeting has not been made public. Some of the students are out in a card disclaiming any reflection on the trustees personally, but declaring their belief that the action of the board has killed the college. Gold Remerver Still Going. Washington, Jan. 16.-—The Treasury lost to-day $500,000 in gold, taken out at New York for export. This reduces the gold reserve to $75,464,530.