The home journal. (Winchester, Tenn.) 1858-188?, 1873-10-30
News of the Week.
EAST.

The announcement of lmruel shipments
OF gold from England to America causes CON
siderable comment in banking circles. This
thing cannot continue without the bank Of
England advancing the rate Of discount still
higher which may p:0duce some disturbance
at London. IN tact the opinion OF many is
that London will have to puss through the ex-
perience OF Vienna and Now York il rcaai1 to
speculative bubbles.
New York in the -olg transformation
committee pamphIe. "as submitted by Mr.
Robert 4. ChersIuough, upon inland trans
portation by keeping the canals open for nayi-
CATION during the winter through the agency
of artificial heat Benz. Baker aad the hand
ling OF cotton has not improved for 80 years :;
the greatest evil being the loss by stealing by
the many hands II passes Though from the
warehouse Our locks are in q wretched con-
dition. Tho" ehonli not ," covered End the
blocking Dp by teams ka obvatcd. Eobt.
Taylor read letter dpou icrmini facilities of
railroads. 1t advised t!ut iron buildings
should bs buiIl with inclined tracks leading to
run and quickly unloaded, Coaling and dry
ing apparatus -hoald 10 adjacent to coal and
dry grain, heated or lampened by its journey.
Warehouses should he brilts, intervals along
the river front and an elevated railway OK
ceiling the city for remaining freight Rooms
for the storage of cotton should be at some
isolated place out Of danger from fire and
means taken to prevent loss by stealing
Senator Norwood has arrived 1T New
York to attend the meeting OF tho senate
committee on transportation. On leaving
New York the committee will pass over the
route OF the James river and Kanawha canal,
and will then examine the route OF the pro-
posed Atlantic and Great Western canal,
through the states of Georgia Alabama and
Tennessee. II the sanitary condition Of the
far south permits the committee will also
visit Louisiana and inspect the harbOrs, inter
nal improvements and prospects there, and 90
from t,cuc3 to st. Louis.
Albany -Chas. H. Phelps, cashier III the
treasury department of the state was arrested
at Jerscy city and brought here, charged with
IObDllS Llc SLdlt TREASURY Ol tu amount tbtl-
mated at 330OOOJ. Phelps loft his post
short time ago when State Treasurer Rujnes
informed him he was about to begin an eyami-
nation of accounts. He wrote to Rains from
jersey city admitting the inconoctness Of hi-
accounts, but promised if not arrested to
make good all or nearly all his deficit. Com-
sci OIL his behalf suggested Il compromise.
Implicit confidence was placed in Phelps
Phelpa Obtained the money by u manipulation
of the bank books and charging the banks
with large amounts which he never Deposited
The stGte will not bo II loser.
-Mchael Donahuo was sentenced ut Au-
burn, y. Y, to be hanged on the 10th Of De-
Cembcl for the murder of u fellow convict
-BC"on grange composed of grain and
comm zion merchants having been ordered
to disknd by the grand master of the National
grange Oh the ground that it was not farm
ers grange, has refused and threatens to
carry tho matter before the National grange
Boston grange retains its books and initials
memb"t5 using the pNs5 words and grips OF
the order.