New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-05-20
FOREIGN.

1.ondon Times ON Erie Railway Mis-
managemenf-Low Standard of Com
mercial II Orallly In New YOrk-Th
Times and News on tho Yacht Race
Royal Attributes to be Conferred Of
Marshal Derrano or the Spnnisl
Grown to be Thrust Upoa Espar
IL tsra-Further Arrests In France ant
More Bombs Found-Increase OF Bull
lioR In the Bank of France ddres
by the Emperor TO.mOrr Ow-Bulliot
Increase In the Bank of England
Tea and Silk CrOps-Death Of q Land
scape Painter.
LONDON, May 19-The Times has re-
markedly bitter editorial article on the
alleged mismanagement OF Erie railway
affairs, and the course pursued in relation
to shares in the stock market. Yhe writer
asserts that the standard of commercial
morality is lower in the city OF New York
than anywhere else in the world. Wha,
here in England would be deemed crimes
are there regarded as masterpieces OF fnan-
ciering It concerns the American people
to purge themselves of this reproach,
though it will be task equal in difficulty to
the abolition of slavery.
The Times also has an article on the
yacht race: "There is no schooner in Eng
land, probably, that can sail with the Amer.
lean yacht Sappho. which throughout the
match was handled by an English captain
and crew under his personal direction"
The Daily Ne,rS explains that the tele-
gram published on Tuesday morning by the
Central Press Association, announcing the
award OF prize to the Sappho, was prema-
ture. 1t was late yesterday afternoon when
the Sappho was pronounced the winner.
The judges arrived at this conclusion from
the Cambria's having disregarded official in.
structioDs regulating the race but which
were faithfully obeyed by the SapDho.
The Telegraph has a sensational para
graph giving the strength and plans of the
Eenian Organization ia tets country.
The news from Spain to-day is important,
though conflicting. Dispatches received
from Madrid direct, report that thes council
of ministers has determined 10 confer upon
Marshal serrano royal attributes, if no can
didate for the throne is found within q rea-
souably short time. On the other hand,
some OF the Continental news agencies have
lust forwarded kilograms TO the effect that
the regency will thrust the crown upon
Espartero, in default of any other solution
of the situation. 1t is believed in some
quarters that his resolution to decline the
crown is not absolutely final.
PARIS, May r9.-The police made several
more arrests to-day Of persons who are be-
lieved TO have been connected with the re
gicide plot. Some houses were searcned ano
more bombs found.
Bullion in the bank Of France. thirteen
million Of francs greater than on last Thurs
day.
1t lie reported that the Italian banker,
CarDeischi, will not receive permission TO re-
tnrn to France.
The Emperor on Saturday viii address
the CORPS Legislatif upon the announce
ment Of the vote Oh pebiscitum. The En-
peror will express his gratitude to the
people, and will promise to tulEli al their
liberal ASPIRATIONS. All dlgnitarles OF the
Empire will be present.
LONDON, May 19.-David Hill, the Scot
tish landscape painter, IS dead
Bullion has increased a quarter OF a NIL
lion pounds.
Accounts from Hong Kong, via Bombay,
give hatterlpg accounts of the prospects OF
the tea and silk crops, which are SAID to
promise largely above their average yield.
MADRID May 10, via Paris.-The Duke OF
Aontpensier has returned to Madrid. His
eldest son had long conference with Re-
gent SerrsAo.
1t Is rumored that the Unionists party
consents TO the proposition that the hegeat
DC invested with royal attributes, ana are
intriguing 10 bring about this result.
HAVANA May l9.--It is stated that the
brothers OF e. neral Arrange, who had aban.
'duned the revolution, have been Imprisoned
by the insurgents. Another account says
that they were EXCUSED. Arrange, ut the
head OF column OF troops has gone to see
about the matter.
CRY OF MEXICO May 2.-Trinidad Garcia,
the revolutionary Congressman, has been
turned over to the courts for trial. The
rNRo}Rt1op- has nearly ended The followers