Rensselaer Republican, Volume 19, Number 37, Rensselaer, Jasper County, 19 May 1887 — GENERAL. [ARTICLE]

GENERAL.

William O'Brien was greeted by an immense crowd upon his arrival at Montreal. He spoke briefly at the. station, denouncing Lord Lansdowne as the “exterminator of five hundred human beings.” and in the evening addressed a vast audience at Albert Hull. The business failures during the past week in the United States and Canada numbered 167, as against 176 during the corresponding period of last yearß. G. Dun A Co. in their weekly trade review declare that a great revolution in business is going on, which they -attribute partly to to the operations of the interstate commerce act aud partly to the expansion in the volume and changes in the kind of currency. It appears that the Smaller towns generally are being benefited by the interstate law, while the great centers are suffering. The out-put of pig-iron is increasing. The exports of have been checked by the recent advance in prices. Operations in the Eastern wool markets, Hrudstreet’n says, are confined to the present wants of manufacturers. The condition of the woolen industry is unsatisfactory, orders beiug fewer and smaller than a year ago, aud there is no disposition to stock up for the future before the arrival of the new' clip. Prices are no better than steady. In The price oi pig-iron ebntinues somewhat irregular on inferior grades East and West, reports of 50-cent cuts per ton being frequent of late. The few more choice Eastern brands are. of course, stiffly held at higher figures, though some very good irons are shaded a little. A Pittsburg dispatch states that nine blastfurnaces have shut down on account of the Pennsylvania enters' strike-, throwing out 1,500 men. Double this number will shut down in a few days if no settlement is reached. The Pennsylvania Railroad has also laid off several crews of men. The relations between Dr. McGlynn and the Vatican continue to be “strained." It is announced from Rome that the contuinaeious priest’ is to be formally excommunicated unless he presents himself before the ‘'supreme ecclesiastical authority” witbin forty days... .It is rumoied at Boston that the Ocean King, the largest American ship afloat, has been burned at sea while bound from Nanaimo, British Columbia, to San Pedro.

The excitement in Canada over William .’ . ' O’Brien’s campaign against Lord Lansdowne has reached fever heat. Mr. O’Brien arrived at Montreal on the 15th inst. by steamer from Quebec, and to a correspondent expressed himself as highly gratified with the results of his efforts in Canada thus far. In an interview he declared that Lord Lansdowne would be compelled to answer the charges that have been -made usainst him, or stand condemned by the public opinion of Canada....A Montreal special says: The enormous increase in the duties on iron came like a thunderclap on the manufacturers here, and is likely to bring the Government into trouble. A number of the leading manufacturers say they will have to close up certain lines of business and cancel- a number of contracts .. A fire at Quebec, Canada,consumed buildings valued; with their contents, at $125,000;