Democratic Sentinel, Volume 2, Number 39, Rensselaer, Jasper County, 8 November 1878 — NEWS OF THE WEEK. [ARTICLE]
NEWS OF THE WEEK.
FOREIGN NEWS. The Bulgarian insurrection is continually increasing in proportions, and Turkey charges Russia with secretly fomenting these uprisings. The Sultan, ou the advice of the rench and Italian Governments, offers some cessions of territory to Greece, but the latr continues her preparations for war, but will robably continue to insist on the fulfillment of e treaty of Berlin. The London Times, in its financial umn, remarks that the total working apital of the cotton mills at Oldham, operated on the limited liability system, is £4,000,000. Of this sum but little more than £1,000,000 has returned any interest for a year, and considerably over half the capital is borrow ed. Afflictions oven more terrible than that from which a portion of tlio .South lias lately suffered arc devastating the empire of Morocco. Cholera, malignant fevers, and small-pox arc raging in the interior as well as on the seaboard, and famine adds its horrors to those of pestilence. The country is cut off from outside assistance by tlio quarantine enforced against shipping from its ports, and for tlio same reason definite information as to the extent of the calamity is not easily obtained. Garuier-Pages, French statesman and historian, is dead; aged 15. A portion of the celebrated Maynooth College building, near Dublin, lias been destroyed by lire. A dispatch from Berlin says. Itussia, replying to the Porte’s overtures, lihh declared her readiness to reopen negotiations for a definitive treaty. A lady of the Rothschild family has applied for baptism iuto the Catholic Church. Mho is betrothed to a French Duke, aud probably renounces the faith of her fathers to remove family obstacles in the way of the union. Turkey has ordered the immediate evacuation of Varna. The Government of India is about to adopt r. gold currency. Jo in Stewart, one of the Directors of tlio City of Glasgow Bank, has been released on 815,000 bail. The international pedestrian tournament at London was won by Corkcy. Ennis, of Chicago, was fifth, while Weston, tlio other American representative, was nowhere in the race. The Oldham (Eng) cotton operatives unanimously resolved to resist the proposed reduction of 10 per cent, wages. Twenty thousand hands and 8,000,000 spindles will bo affected by this action.
DOMESTIC INTELLIGENCE. Kfiwt. The mysterious robbery of the Manhattan Savings Institution has produced an immense sensation in Eastern banking circles. A nioro extraordinary burglary has seldom been committed. It was skillfully planned and executed, and at every stop tlio robbers were favored by circumstances. There is no cxlanatiou of liow seven men, carrying three large bags of tools, could enter the building unobserved at 6 o’clock in tlio morning, and the janitor says ho is certain nobody was secreted in tho building over night, as he made his usual investigation. It is probable, however, that the burglars -entered the janitor’s part of tho building before daybreak, and went* for him immediately upon tho night watchman’s departure. They disposed of the milkman by tolling him that tho janitor had gone into tho country. The greatest wonder of all iH how the burglars could havo departed at half-past ‘.I with tho bags of booty without being seen. The Merchants’ anil Mechanics’ State Bank, of Troy, N. Y., lias closed its doors. Two men were precipitated ilowii a coal mine near l’ottstown, Pa., a few days ago. They fell a distance of 850 feet. Three of thorn were killed, and the fourth fatally, injured. W est. The Society of the Army of the Tennessee has just held its twelfth annual reunion at Indianapolis. Owing to bad weather tho attendance was meager, only about 100 members being present. An international commercial convention will meet in Chicago on Tuesday, tho 12tli of November. Tlio object of tlio convention is to consider means to extend tho growing trade of the Northwest with foreign countries in North and South America. The President of the United States and Governors of all the States have beep invited to attend. Many distinguished people will doubtless bo present. Joseph A. Hemann & Co., bankers of Cincinnati, Ohio, have failod. Liabilities variously estimated at from 8175,000 to #250,000. The “Dcadwood coach” has been again robbed. This time tho driver was halted by masked men, whose purposo was, not tho plunder of tho passengers and mails, but tho informal execution of justice upon two “roadagents ” who wore being transported from Cheyenne to Deiulwood in tho custody of lawofficers. The only thing tho coach w-as robbed of was tl .is precious pair of villains, who were taken out and hanged to a cottonwood tree on tho river bank, and the stage went on its way in peace.
South. Residents of Memphis returning to the city are making discoveries the reverse of pleasant Many of them realize that their private residences have been broken into, and robbed of every portable article that could be carried off, in somo cases the marble mantels having been taken down and removed. A New Orleans telegram says that s'.*o,ooo, the surplus of the Howard Association, will Ik; distributed among the sixty physicians employed, each receiving $1,500. The pestilence in the South, which has raged since tlio beginning of July last, and which has caused more than 12,000* deaths, is now virtually over. In New Orleans, although a certain number of deaths is daily set down to its account, the epidemic has been officially declared at an end, and in Memphis and Mobile Jack Frost has given the fever its coup de prat e. From the inland points the reports are favorable. WASHINGTON NOTES. The House Committee on Appropriations will meet on the 15th of November, and commence tho preparation of the general appropriation bills. It is stated in a Washington dispatch that “ the report that our authorities intend to make strong objection to the settlement reached on the fishery award is confirmed. It is claimed that our fishermen have been forcibly deprived of rights which they possessed under the treaty, and the settlement made does not take any of these things into account.” A ttoriiey General Devens telegraphs as follows to the District Attorney of South Carolina: “I want no trafficking orguaran-
tees, but a judicial investigation of outrages alleged to have been committed upon an unoffending people in the exercise of their righto as citizens of the United States.” This telegram was sent in reply to propositions made on behalf of parties in that State who are charged with violating tho law regulating the exercise of the elective franchise. Much local excitement exists in Washington over the failure of the German-Ameri-can National Bank and the German-American Savings Bank and Safe-Deposit Company. The two institutions were carried on together, and the officers of each were practically the samo. The President of both was the Swiss Vice Consul at Washington. The President has issued the following proclamation, setting apart Thursday, Nov. 2H, as a day of thanksgiving: By the President of the United States—a proclamation: . The recurrence of that season at which it is the habit of our people to make a devout and public cot session of their constant dependence upon divine favor for all good gifts of life and happiness, aud of public peace and prosperity, exhibits, in the record of the year, abundant reason for our gratitude and thanksgiving. Exuberant harvests, productive mines, and amjile crops of the staples of trade and manufactures have enriched the country. The resources thus furbished to our reviving industry ail commerce are hastening the day when discords and distresses through the length and breadth of the land will, under the continued favor ol Providence, have given way to confidence and energy and assured prosperity. Peace with all nations has remained unbroken, domestic tranquility has prevailed, and the institutions of liberty and justice which the wisdom and virtue of our fathers established remain the glory and defense of their children. 2he general prevalence of the blessings of health Throughout our wide land has made more conspicuous tho sufferings and sorrows which the dark shadow of pestilence has cast upon a portion of bur people. This heavy affliction, even, the Divine Killer has tempered to the suffering communities by the universal sympathy and succor which have flowed to their relief, and the whole nation may rejoice in the unity of spirit in our X eojile by which they cheerfully share others' burdens. Now, therefore, I, Rutherford B. Bayes, President of the United States, do appoint Thursday, the 28th day of November next, as a day of national thanksgiving and x>rayer; and I earnestly recommend that, withdrawing themselves from secular cares and labors, the x>eoi>lo of the United States do meet together on that day in their respective places of worsliii). there to give thanks and praise to Almighty God for His mercies, and to dc\outiy beseech their continuance. In witness whereof I have hereunto set my hand and caused the seal of the United States to be affixed. Done at the city of Washington on this 80th day of October, in the year of our Lord one thousand eight hundred and seventy-eight, and of the independence of the United States the one hundred and third. It. B. llayes. By the President: Wm. M. Evarts, Secretary of State. Superintendent Vail, of tlie Railway Mail Service, has resigned.
NATIONAL FINANCE. THE PUBLIC DEBT. The public-debt statement for Nov. 1 is as follows: Six xjer cent, bonds $ 693,306,050 I-’ive per cent, bonds 708,20(1.050 Four and a half per cent, bonds 260.000,000 Four i>cr cent, bonds 100,500.000 Total coin bonds #1,807,103,000 Lawful money debt 11,000,000 Matured debt 15,020,870 Legal tenders $ 840.743,081 Certificates of deposit 35.8-10,000 Fractional currency 10,211.103 Coin and silver certificates 35,516,350 Total without interest $ 434,310,024 Total debt #2,270,500,505 Total interest. 28,910,001 Cash in treasury—coin $ 227,000,227 Cash in treasury—currency 1,711,240 Currency held for redemption of fractional currency 10,000,000 Special deposits held for redumption of certificates of deposit 35,840,000 Total in treasury # 275,217,473 Debt less cash in the treasury... .#2.024.200,083 Decrease during October 1,708,402 Decrease since June 30. 1878 11.580,748 Bonds issued to the Pacific Railroad' Companies, interest payable ill lawful money: Principal outstanding.. 04,023,612 Interest accrued aud not yet paid 1.202,470 Interest paid by the United States.... 30,835,039 Interest repaid by transportation of mails, etc 10,410,104 Balance of interest paid by the United States 20,418,035 COMPARATIVE DEBT STATEMENT. Following is the comparative condition of tlio treasury Nov. 1,1877, and Nov. 1, 1878: Balances. 1877. 1878. Currency $15,950,032 $1,711,240 Sxiecial fund for the redemption of fractional currency 0,444,560 10,000,000 Special deposit of legal tenders for redemption of certificates of deposit 37,020,000 35,840.000 Coin 131,022.843 227,666,227 Coin aud silver certificates 33,543,200 85,516,350 Coin less coin and silver certificates 97,479,043 192,140,877 Outstanding called bonds 26,200,000 14,285,600 Other outstanding coin liabilities 4,864,414 4,653,084 Outstanding legal tenders : 354,400,802 346,681,016 Outstanding fractional currency 18,352,574 16,211,793 Outstanding silver coin 30,661,850 30,675,361 Total debt less cash in treasury 2,047,350,700 2,024,200,083 Reduction of debt for October 4,236,554 1,708,402 Reduction of debt since July 1 12,807.522 11,586,748 Market value of gold.. 102.75 100.25 Imports twelve months ending Sept. 30 468,273,250 433,530,682 Exports twelve months ending Sept. 80 608,318,505 728,256,047 COINAGE. Following is a statement of the coinage at tlio mints during October: Double eagles $3,464,600 Eagles 737,800 Quarter eagles 346.300 Standard silver dollars 2.070,000 Cents (>,700 Total coinage $0,625,400 * REVENUE RECEIPTS. Internal-revenue receipts for the month of October, 1877, $10,107,360, and for October, 1878, $10,030,704. There has been a gain on the amount received during tho year compared with 1877, tho total amount received for 1877 to Oct. 31 being $38,772,833, aud to Oct 31, 1878, $39,275,456.
POLITICAL POINTS. Official vote of lowa for Secretary of State, at the October election: Hull, Republican, 134,503; Farnsworth, Democrat and Greenbacker, 125,114 Hull's majority, 9,380. To an interviewer Postmaster General Key expressed the opinion that the Republicans of the Pacific coast are in favor of nominating Gen. Grant for President in 1880, and that “ if nominated he will certainly be elected. ” Senator Sharon, of Nevada, denies tho report that he contemplated resigning.
