Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1872-11-29
NEWS OF THE DAY.
ITO sho,o the very age and body of the Times

10 sh0to the very age ana oody " TIC i"'e'
The cable reports from Spain say that the
Government troops have had a sharp engage,
ment with the insurrcctoui>tS at Murcla, and
that the latter were routed with great loss.
A half dozen additional victories for the Gov
ernment are reported in various Provinces.
The specie in the Bank of England has To-
creased, during the week, one million seven
| hundred add ffty-thrce thousand pounds ster-
| ling The rate Of discount of the bank has
| been reduced one per cent, making 1t now SIX
per cent.
The official journals of Berlin concur ID CIV
ing assurance to Europe that the German Gov
ernment will respect the will Of France 10 the
choice of form Of government and the selcc
ton of statesmen to conduct 1t.
IL the Italian Chamber of Deputies, on We'd
nesday, Minister Iinoutc Ncuosta defended
the foreign policy of lhe Government. lie
showed that the relations of Italy with all the
powers were on an excellent footing.
\ dispatch from San Francisco says that
measures arc being taken for the arrest and
punishment of the originators Of the diamond
swiudle. Some Of the companies still insist
that there are diamonds in Arizona.
A prize fight in Philadelphia. yesterday, was
put stop to by the arrest of the principals be-
fore the first round was finished.
The horse disease has reached New Orleans
and the horses there arc suffering from its et-
| iects.
STOCK JoBD1NG IN New YORK. There are
some queer incidents connected with the great
transactions in Chicago aud Northwestern stock
in Wall street. which have their interest as IN
terwoven with the gigantic >trugg les OF the
bulls and bears, the former cudeavorlng to
break down and the latter TO force up prices
Jay Gould arrest did not hinder his opera
tons, and as The Tribune says the process:
of squeezing the unfortunate spectators who
found themselves in Mr. Gould swaT went on
without interruption while the cx-Presldeut OF
Erie was arranging his little matter Of Il uni
lion dollars bail. How the turn OF fortune s
wheel 10 the financial centre may alter the
relations OF the gamblers in millions Is thus
told BY The Tribune:
Mr.. Gould made his first notable appear
ance in Erie as the ally Of Com. Nandcrhlt at
the time of the great Drew corner OF l>GS: but
it was not long before he attach, d himself TO
those more congcnial spirits. Smith aud Fisk,
and became what he has remained Until very
recently, the Comm d0rc : bitter Toe. Many
of the most scaudalous TRANSACTIONS OF the Fisk
and Gould directory Were among the incidents
of the Vanderbilt warfare # any;h!ng could
be depeudcd upon il Wall street or the Erie
Railway offices, il seemed to be the hostility
between Vanderbilt and Gould. That was an
enimity which, has survived numhcrIess changes
and combinations; had cost, a. men supposed,
millions now to one side. now 10 the other and
was founded upon circumstances which neither
was likely to forget. With Smith, on the
other hand, Could connection vas Of pc
culiarly intimate nature They had been part
ners in the most outrageous proceedings OF the
Erie ring. Tney had hcl ped each other in the
seizure of the foreign stock: They bad grown
rich and disreputab!c together Yet here we
suddenly find Gould conspiring with Wander
bilt to ruin Smith, and Smith giving up TO
President Watson the evidence which is to
convict the firm Of Smith Il could OF swnd!ius
the Erie Railway Company out of nearly ten
millions of dollars
The World takes the ground that the suit
against Gouldis bona idc, and that It has no
connection with his stock gambling schedules
further than that he happened TO be deep In this
one when he was ''hauled before The bar OF JUS
tice." 1t is said that Daniel Drew Is owing
the Erie Company $3.OOU,u!W, and that the
next move will be against him. Mr. Watson,
the President of Erie, refuses 10 say anything
more regarding this than that il be discovered
instances of fraud he would prosecute Drew.
There is great show OF virtue in the pro-
cccding, and We do not doubt that the Erie
Company was enormously plundcrcd during
the regime OF Fisk and Gould, but the cxpcr-
fence of the past does not justify any cxpccta-
ton that the criminals will come to serious
grief.
WooDHULL AND CLATLIN.
oGo-t. have hoo, ,nodo m rnt Victoria WoO1.