Democratic Sentinel, Volume 12, Number 4, Rensselaer, Jasper County, 17 February 1888 — THE WORLD AT LARGE. [ARTICLE]

THE WORLD AT LARGE.

The English bark Abercom, with a cargo of iron from Mayport, England, for Portland, Oregon, was wrecked on the coast of Washington Territory. It is thought that fully twenty lives were lost The vessel was commanded by Captain McCullom, and was valued, with her cargo, at $125,000. Ihe House Committee on Territories has reported a bill forming the Territory of Oklahoma out of the public land strip and all that part of the Indian Territory not actually occupied by the five civilized tribes. The bill provides the necessary machinery of government, including a governor, legislative assembly, supreme court, and a deiogate to Congress. The President is directed to appoint five commissioners to negotiate with the Creek, Seminole, and Cherokee tribes, and when they shall signify their assent to the provisions of the act, and the President has issued his proclamation fixing the time for the same to take effect, the unoccupied lands ceded to the United States under the treaties of June and March, 1860, shall be thrown open to actual settlers, except the sixteenth and thirty-sixth sections in each township, which shall be reserved for school purposes, It opens all the lands not required for the use of any Indian tribes to settlement. It makes it a punishable offense for any person or company to induce any person to settle upon these lands with a view to afterward acquiring title for himself from said occupants. Delegates of the African Emigration Association are on their way from Topeka, Kan., to Washington to interview the President, and from there to Liberia, to see if it is a favorable place for Southern negroes to emigrate to. R. G. Dun& Ca, in their last weekly review of trade, say: • In the general course of business there has been do perceptible change. The volume of payments, including paper maturing Feb. 1, was over 13 per cent, larger than last year outside of New York ; evidently the gain in volume of new transactions is much smaller. Railroad tonnage is enlarged by wars of rates, and the ratio of expenses to earnings grows less satislactory. At nearly all interior points reporting, trade is du 1 or inactive, though a perceptible improvement within the past ten days is noted at St. Paul and Omaha. But collections are slow at St, Paul, Milwaukee, Detroit and Cleveland, and the number of failures In the Northwest beyond the Mississippi seems larger than usual. The cold weather, evidently, has a retarding influence in many quarters. A vast amount of capital has been locked up, and a vast body of indebtedness created in connection with real estate, grain, and other speculations of the past year. Indebtedness based on a fictitious veluntton of property or commodities, in not a few cases, will have to be liquidated ftt a loss. On the chance of war in Europe, wheat was suddenly advanced so far that peace prospects involve disaster to many. Nearly all the markets are lower; stocks about 60 eents per share for the week ; wheat about 1 cent per bushel; corn, % cent; oats, ‘-2 cent; coffee, % cent per pound ; and sugar, both refined and crushed; % cent; hogs 10 cents per 100 pounds ; and tin, cent per pound. The February statistical report of the National Department of Agriculture relates to numbers and values of farm animals. There is a reported increase in horsos, mules and cattle, and a decrease in sheep and swine. The largest rate of increase is in horses, 5 per cent, and it is general throughout the country, though largest west of the Mississippi The aggregate exceeds 13,000,000. The increase ia mules averages P er coat. The increase in cattle is 2% per cent It makes the aggregate over 49,000,000. Tho increase is nearly as large in milch cows as in other cattle. Ia sheep the decline appears to be between 2 and 3 per cent, the aggregate of flocks being about 43,500,000. There is a similar decline in numbers of swine, less than 1 per cent, leaving the aggregate over 44,000,000. The aggregate value of all farm animals is 58,000,000 more than a year ago.