Democratic Sentinel, Volume 7, Number 6, Rensselaer, Jasper County, 9 March 1883 — LATER NEWS ITEMS. [ARTICLE]

LATER NEWS ITEMS.

The business failures in' the United States last week numbered 260, an excess of fifty-six over the preceding week, and 108 more than in the corresponding week of 18821 The wholesale drug house of Mitchell & Co., of London, Ont, has failed, with SIOO,OOO due the Bank of Montreal and importing firms. St Marie & Thebault drygoods dealers of Montreal, have suspended, debts of $60,000. Humphrey & Co., hide and leather merchants, New York, have made an assignment Liabilities, $600,000. In a safe-deposit institution in Philadelphia, a sneak-thief secured $70,000 in bonds of the People’s Passenger Railway Company, from which the coupons had just been cut Parnell will probably be accompanied to the United States by Brennan and Egan. The Irish people on this side of the Atlantic are to oe shown how the funds of the Land League have been used. The London Law Times says that, as the charge against P. J. Sheridan of conspiracy to murder is not within the strict terms of the Ashburton treaty, the United States has the discretionary power of surrendering him to the British Government As the city of San Francisco has no funds with which to pay gas bills, the street lamps have been extinguished and removed. J. D. Watson, who was tried at Columbus for an attempt to bribe Representative Block, of Cleveland, has been convicted, the jury fixing the penalty at from three to ten years in the penitentiary. The lessee of the Mutual Union Telegraph Company having paid no attention to the municipal ordinances of Chicago requiring temporary poles to be removed from the streets by March 1, the authorities last week caused the wires to be cut at the northern and southern ends of the city, and stationed policemen to prevent a resumption of communication. William Wilson, of Union county, Ark., went to Marshal Parnell's house, with the intention of eloping with his daughter, but the old man and his sons shot Wilson dead.

By a vote of 32 to 81 the Senate, at its session * n March 2, adopted the report of the conference committee on the Senate Tariff and Revenue bill. One Democrat, one Independent, and Mr. Mahone, of Virginia, voted with the majority, while Mr. Van Wyck. of Nebraska, voted against the bill. Mr. Morrill explained the report to the Senate. He said the proposed reduction was estimated at about $75,000,000. W- Beck made a fiery speech in opposition to the adoption of the report. “This report," he said, “appears to be simply -an increase of duty upon every article the committee attempted to touch (except one or two unimportant ones) of the rates in the bill passed in the Senate. I knew from the beginning that we would get a worse bill than either the House or Senate desired." Mr. Bayard characterized the report as a most lame and impotent conclusion of a winter spent in framing a tariff law. Mr. Vance ridiculed the action of the conference in increasing the duty on iron, steel, and woolen goods, and, as a return to the tax-payer for all this, putting hoop-poles on the free list. In the House, the bill to permit the consolidation of the Southern Pacific and other roads was defeated. A bill was passed to adjust the salaries of Postmasters. Mr. Frost, of Missouri, was voted out of his seat, and Mr. Bessinghaus was sworn in. Kentucky claims and probably rer ceives more for her fine stock than any other State.