Phenix gazette. [volume] (Alexandria [D.C.]) 1825-1833, 1827-12-18
ENANDRlAs
TUESDAY MORNING, DECEMBER 10. 1927.

sent nutnoer 10 the deiehCe OF the senior Editor
Of the Democratic Press, perusal of which
will salisS de reader that we have done no
more than justice impelled US TO do
The base attempt 10 injure the character of
Mr.. Binns, may be safely attributed to the zeal
and ability with which he has opposed the ri
diculous pretensioHs Of the Military aspirant.
Letters from Richmond Virginia, state that
the Convention Bill passed the House of DELE
gales on Friday, by vote of lis TO 81, and
that it will probably pass the Senate b! ma
;ori,y of five or six votes.
Mr.. Webster, yesterday took his seat in the
Senate of The United States, Mr.. Oaky Of New
York, took his seat in the House Of Represen.
tativcs
The L. S. schooner Grampus arri, ed al
New York on Saturday morning in 9 days from
Matanzas, with the remains Of the late Capt.
Allen on board, who was killed by horde Of
pirates in the neighborhood OF Matanzas, two
or three years age. We understand the body
of Capt. Allen was taken to Hudson for INFER
ment, where his relations reside, and that
monument is TO be erected over his grave.
A commercial gentleman has politely favored
the Editors Of the Baltimore Chronicle with
the following extract of a letter from house
of high respectabilily in Rio de Janeiro, dated
Oct. IL, 1927.
"There is very lit,le business doing, and the
great depreciation Of our currency cuts Oft al!
chance of reasonable profit on adventures TO
this quarter-we repeat The hope hitherto ex>
pressed, that all adventures TO this quarter may
be suspended until peace is made, or our cur
rency improved in value by some measure Of
The Government Our supply of -four Is now
10 to 900 bbls. and like quantity is soon
looked for from the U. Sta,es-we fear the
price of new will decline to III ISL per Dbl.
which would leave heavy loss on shipments
the demand is lsnguid very indeed-the dea
lers yet have by them a small supply Of graf"
ordinary Flour at more than | III will ind
every slowsale. Other articles offer no grca>
ter chance of profit
Another letter, two days later IN date, says
that Flour is nomirally at Is ms. and consider
ed losing concern at that price, in conse-
qucnce Of the deprecated currency.
! The following sta'cine NJ is made in Lon
don paper ofrecent date:-
at is an extraordinary fact, that, during the
late panic, the Bank Of England would have
stopped payment, had i, not been for the liberal
conduct uf the Bank Of France. While the
course Of foreign exchange was against us, a
very large portion of the gold coin of The. Unit
ed Kingdom found its way into the National
Bank of Paris; and when our sagacious Direc-
tors found it necessary to recover at any sacri-
fee the specie which their over-issue OF paper
had expelled, the managers of the Paris Bank
deliberated whether they should permit The
English coin 10 go back. They came 10 the
resolution, 10 let the Bank Of England have the
gold it wanted; and thus the Directors were on
this occasion saved from the necessity Of sus-
pending paynen,s.-At this crisis, however,
the Bank Of England was in much greater dan
ger Of stopping payment, than many oil the
superseGe. The Mint, though its powers were
taxed 10 the utmost, could not coin sovereigns
with suficien, rapidily 10 meet the run; and we
repeat, tina, If the Bank OF Paris had not con-
scented to part with its gold, the Bank Of Eng
land must have stopped.
JOHN ScoIr, friend of the Administration,
was, on Tuesday last, elected, by the Legls'a-
ture Of North Carolina, Solicitor General oil
the State, over his competitors General r. NJ
Saunders; Gate member Of Congress,) and Mr
Morshead There was but one ballot, and the
votes stood thus:
For John Scott lo7
Mr. Morehead As
! Gen. Saunders 81
A private letter from Raleigh, North Caro-
lima of the / lth instant, says.
a IL. Y ZION InCra G