Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1873-10-10

u
under a flag OF truce, approached the fort,
sacked Omoa, imprisoned all the British sub
jects, gutted the consuates Of America, T..
gland, Spain and Portugal, tore the American
flag to pieces, and sacked the merchants
warehouses and safes, leaving them perfect
wrecks. The Niobe soon after arrived and de-
manded a surrender Of the imprisoned foreign
ers and an explanation for the outrage. The
authorities were obstinate and refused to ac-
cede 20 the demands of the commander of the
Niobe, when a bombardment followed until
flag of truce was hoisted. The prisoners were
then surrendered and compensation was guar
anteed.
A New York dispatch of the 28th says that
the President of the First National Bank of
that city, had urged the immediate resumption
of specie payment, on the ground that such
action will add S60,000,000 positive relief to
the money market.
Washington dispatch of the 2Sth says the
President had expressed his determination to
recommend to Congress the adoption Of a
system of free banking. The Secretary Of
the Treasury had ordered the anticipation of
the payment Of the November interest. The
following letter had been sent by the Presi-
dent to the parties named:
EXECUTIVE MANSION, Sept %, 1873.
Messrs. ii. b. Clafin and Charles L. Anthony.
GENTLEMEN: In response to the views you have
communicated as to the using by the President OF
currency TO restore confidence and legitimate
trade and commerce, l have the honor to COM
municate the following: The Government is de-
srous Of doing all in its power 10 relieve the pres
ent unsettled condition OF business affairs, which
is holding back the immense resources OF the
country now awaiting transportation 70 the sea:
board and market. Confidence on the part OF
the people Is the first thing needed to relieve this
condition and avert the threatened destruction of
business, with Its accompanying disasters. to all
classes OF people. To re-estabsb this feeling the
Government is willing to take all legal measures
at its command, but II is evident that no urgent
efforts will avail without the active cooperation
Of the banks and moneyed corporations OF
the country With the $14,0O0,O00 already
paid out in the purchase of Government indebted
ness and the withdrawal OF large deposits from the
Treasury, the banks are strong enough to adopt a
liberal policy on their part, and by general sys-
TEN Of discounts to sustain the business interests
OF the country. Should such a course be pursued,
the $H,oOOOO0 Of reserve will be considered as
money in the Treasury to meet the demands OF
public necessity as the circumstances OF the cOun-
try may require. Close attention will be given to
the course pursued by those who have the means
at their command of rendering all aid necessary to
restore trade 70 its proper channels and condition.
With a view OF strengthening those who carry out
the measures above Indicated, orders have already
been issned for the prepayment OF interest accru-
ing in November. U. s. GRANT, President
The Right Rev. Geo. NJ. Randall, Episcopal
Bishop of Colorado, New Mexico and Wyom-
ing, died at Denver, COL, on the 2Sth, of
typhoid pneummia.
dispatch from Denver, Col:, states that
over two-thirds Of the mining town Of Fair
play, Col, had been consumed on the Goth.
All the stores, printing offices, the United
States Land Office, Post Office, Express Office,
hotels and other business places, with two or
three exceptions, had been utterly destroyed.
A Washington dispatch of the 29th says that
the depositors in the First National Bank of
that city would not receive to exceed fifty per
cent. of their deposits.
In Chicago on the Goth business had re-
sumed very nearly its normal condition.
Three of the suspended banks had resumed
business, and were receiving deposits and pay
ing out on checks as before the panic. Over
So, 900 currency had been received during
the preceding forty-eight hours. Traffic had
fallen Off on the various lines of railroad, and
large number of trains had been drawn off
and many men discharged.
Philadelphia dispatch of the 29th an
nounces that Benz. Bullock S Sons, of that
city, extensive wool dealers, had failed for a
large sum. The failure had been caused by
the suspension of the Glenham Manufacturing
Company, of New York, which was indebted
to them in the sum of 100000.
A st. Louis dispatch of the Goth says that
while Joseph H. Fore, who attempted to kill
his wife, on the 4th of June last, was being
tried in that city on the Goth for that Offense,
he threw heavy cut glass inkstand at his
wife as she was giving in her testimony. The
missile missed her, but struck her counsel full
in the forehead, inficting an ugly and danger
Gus wound.
dispatch from Shreveport, La, of the
Goth, says that within the last four days sew
eral of the most prominent and useful citizens
of that city had fallen victims to the epidemic
The dispatch adds: "Tbe population has been
fearfully thinned out by sickness and DEATH
We no longer have funerals. The hearses,
followed by one or two carriages, dash
through the streets like section of artillery
in battle seeking position. A few men are
drummed up, the coffins showed into the
hearse, and driven rapidly to the cemetery.
This is the case even with the most prominent
citizens. The Howards have opened an orphan
asylum, and are feeding about two-thirds of
the resident population. There are fewer
deaths and new cases, because there are fewer
people,"
At late hour on the night of the Goth the
Union National Bank of Chicago, which had
resumed business on that morning, and dur
ing the day had paid out 100000, decided to
90 into liquidation under the provisions of
Sec AZ of the National Currency Act.
A Jackson, Miss, dispatch of the 29th says
Governor Powers, acting under the advice of
Attorney General Morris, had issued procla-
nation postponing the State election. The
Governor says that he will convene the Legis-
lature in extraordinary session as soon as
possible The Pilot, the State organ, has pro-
nounced the Governors movement incendiary,
and calculated to lead to resolution and
anarchy.
A call has been issued for Northwestern
Farmers Convention, to meet at Chicago on
the 22d of October, to consist of delegates
from oranges and farmers organizations.
A dispatch from Marshall, Texas, of the
30th says that the yellow fever had made it'
appearance in that place.
| New York telegrams of the 30th say that tho
day had passed more satisfactorily than the
most sanguine had dared to hope. The Stocl
| Board had opened and business was moving
along swimmingly. There had been no default
ing in the matter of settlements, and ther,
appeared not ripple of excitement in any di
rection Greenbacks had appeared on tn
street in largely increased quantities, an'
the premium upon them wiped out
A sharp advance in foreign eX
change had been effected, crops were ono
more in motion, and the banks were all work
ing along without trouble. Gold closed a
11l1<. Henry J. Brooks, leather merchant
had suspended.
A Washington dispatch Of the S0th say
that it is the expectation of the Treasury De
partment that the importation of sovereign
from England will reach $4OOOO,OOO A larg
depositor with Jay Cooke q Co. had com
menced proceedings in bankruptcy against tn
Washington branch Of that concern.
The official statement shows that the tota
amount of United States currency outstanding
on the SOth was S4O2, 1928 0S9.
In Chicago, on the 30th, matters had yer