New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-11-24

To..i...............eLl4s,0e IS SLos6 $40 Is
These figures show that the net revenue derived by
the State from the public works 10 three years is only
$62550, being an average of $40 $50 y year. But
from this amount must deduct the salaries Of the
members Of the Board, which amount to 81, 500 a
year.
list Of the failures in Boston during the year 1887
before U.s. contains the names of 142 business houses
During the nsncal crisis at that tims six large
featuring corporations having their headquarters in
Boston tuspended banks failed in the city, to-
gether with the Nshant Bank, Lynn; Chelsea Bank,
Chelsea and the Mddlesex Bank, East Cambridge.
list of the failures in Boston the present year con-
tans the names Of IS concerns, and includes wider
rsrge of business than is generally supposed.
The Chicago Tribune asks the State of Illinois to
pay the January interest her entire debt thirty days
before il s due. The money lies in the Tressurer's
vsults the law allows him to send it forward to New
York, where payment is to be made, thirty days in
advance of Jan. l.
CORRESPONDENCE of The London Times.
PARIS, Monday evening.
The financial crisis now exciies intense interest.
There is such vehement outcry against any further
In the rate of discount by the Bank OF
France that although the Bank of England has this
day resolved upon charging 10 e cent, have very
strorg opinion that this bank VIII stay al csnt'
Bile rise in the rate Of interest would suffice TO remedy
the evil and French fiDsncers are therefore DeatlnS
their heads discover some mode OF preventing the
oozng out Of the precious metals which would DC
lees distressing to trade than an approximation 10 the
Bark of England rate Of discount which IN tsis
country is viewed with positive terror All that the
Bark of France has hitherto done is to scrutnlze
with e1rt vigilance every bill presented Tor u.s.
count and 10 reject all that are suspected TO DC
tainted with exchange operations. But this, too IS
felt to be q wholly Insufficient The circu instances OF
If De- tue and is indeed dcuit the Of
the that gold and silver merely articles OF ner
o1Tptry while essentially prosperous may by posi-
by GRAINED entirely Of the precious metals BY An e1sor
, upon mems mnos whether paper currency under
eusrsnee Of the State rot be safely o soe
the Emperor his face assns. forced currency
Bark Of Fsnee notes hopes ne snteIt@nso py NAM .a. e
will lie constsned 10 reconsider ha opinion Inc proposal 70
put IPoE' auty Is . upon me tafi' OUT Is nc. "a 80 &
IL principle and difficult in practice.
fh. evening. Pats contain, e,d9s article, signed oy
and which one people are ncaea 20 regard
shstow Of coming tvents DeAnsIe si'et te'leSins
the situation and laying down the maxim ths none OF Ine
proposed 20 protect the bullion would D. 20
relieve unless accompanied BY coasderaos eini
auon in the present rate OF discount ooay proposes tue i'
LOWING remedies fer the erals; ..,
ucy of bank together with issue o fr Noes at
pre.eut Of lower CUNT tasn ot can De ued
pursuant 10 powers reserved 20 Government by the law OF
June q ls7 sufficiently high duty upon the erPor.s-
zion Of specie with customs and police measures 20
discover and punish all attempts a. tr.no Lastly sId 81
Necessary part Indispensable complement Of these et
eepous and trnso the discount Of the Bank OF
Ftsnee should b. immediately reduced 20 Y cent
n this pl.n were followed tine Patfe continues nobody
wond bsye Cause compliant Commerce would ind aoun-
Juiv Al III. Bsnk the capital q which il stands 10 need TIE
in the expectation Of the precious metals wou nj
very eiacult seud them II the country aad they
would NO opser be supplied with them the Bank of FaTce
The Bank cellars would cortsin amount OF bullion proper
ti,o 20 the circulation Of s notes Money would be 20 be
lad AZ reasonable rae il 10 dent ths. money IL not real
worth NOR In France This om-nt than cent aud
tie proof this assertion 10 thAt investments are made every
CAV A. the Rcure obligations which do not yield 80
much III these combined should b. adopted France
ay uy plate bankruptcies In other countries ~n
owl being injured her prosperity inter
Turted
The S pTorounces although not very strongly IN favor OF
this p<d-nt. - a.
Fyo~ TAs L0nde. Daily Sses, NOr: 10
MONDAY EyEsISG.-rhe ID r.ctOrs OF the Bsnk OF
Epglano today raised the minimum rste OF discount
hom y cent ss which it wss fred on Thursday iss'
70 10 y cent, for bills mp 10 IS days. j. caapos oe