Northern Ohio journal. [volume] (Painesville, Ohio) 1872-1896, 1873-11-29
NEWS OF THE WEEK
A II Fl Q M E.
DISTRICT OF COLUMBIA.

Information received from Madrid
shows that the Spanish Government is
in earnest in its professions of friend
ship for the United States, and expresses
anxiety to do everything in its power
not only TO preserve but to strengthen
| the peaceful relations now existing be-
tween the two countries. Apart. from
their commercial relations Spain desires
the moral support of the United States
in its efforts to permanently establish
Republican Government in thatcountry
and hence the ortiFeceived here. gains
credit that orders have been issued by
the Spanish Admiralty to Spanish naval
officers in the West Indies to observe the
| utmost caution in their movements
toward vessels carrying the United
States flag, and to do acts that would
have the effect of adding to the present
excitement in the United States, grow
| ing out of the late unhappy occurrences
at Santiago de Cuba.
| The President has completed the fin
| ancial portion of his message, but has
not read it to the Cabinet. He does not
| recommend an interconyertible bond.
His recommendation for its non-issue
| is based upon the principle that persons
who borrow money of the Government
| in times of financial stringeney should
pay such rate of Intel est for it, that the
money, by the laws of finance will re-
turn TO the Treasury when the panic is
passed. The recommendation proceeds
upon the assumption that the currency
| obtained upon an interconvertible low
rate bond would never return into the
Treasury, for the reason that the curren-
cy would always yield its holder greater
interest than they could obtain from the
deposited low rate bonds. There is good
l if.yf zfn thaf hn
suggests that some means be provided
whereby the loans of the Government
to the people in times of panic be made
in National bank notes, and through the
agency of National banks. The reason
for this is that it is held that any in
crease of the maximum of outstanding
legal tender circulation above four hum
dred millions would impair the contraci
of the Government with bondholder:
and dishonor the nation.
An arrangement has been entered int
between the United States and Germany
for an exchange of postal cards between
December, 1873. The arrangement il
precisely the sallfe as with the Canadian
Government.
| Evidence accumultes that Cuban mat
tiers will require much correspondence
and consequent delay. 1t is asserted il
4
prominent quarters that no complica
tions need be feared as the administra
ton sees its way clearly, and while wa
will be averted the probability is Cub
will be free.
During an interview with prominen
Senator President Grant is said to hav
used the following language; "Whel
the Government makes every prepara
ton for an aggressive or defensive
l
does everything to make the army effec
tive up to the limit of calling for troops
you can put whatever construction yo,
please on such actively. If L were t,
Judge of such movements as civilian
1 should say they were warlike. / do no
remember of anything of the kind havin.
been done in this country which was no
a preface to peace or satisfaction for oul
offended honor. So far / believe our his
tory sustains me in this assertion. If my
message to Congress does not convey thi,
idea it will be because forgot the words
in which to express it,"
NEW YORK.
Ageneral Missionary Committee of the
Methodist Episcopal Church has made
| the following among other appropria.
tions for mission work: Central 1lIi.
nois, 1000; Central Ohio, 81, 900; Cen
tral Pennsylvania, $1,7O0; Cincinna
ii, $4,000; Colorado, including appropri
ations for new workers, $7,700; Des
| Moines, $1,000; Detroit, $1,000; Easl
Oregon, $4,000, and Erie $4,000. s
Owing to the statement contained in 8
| letter from Havana that on the night o.
the 9Th inst, when news of the Virginii
US reached Santiago, the Spanish volun-
tsers, in iendish exultation over theil
triumph, visited the widows of the Ma
sons shot in 1867. and brutally outraged
the helpless women, and tnat in the
struggle four were killed, seven have
since died, and several are in such a dan.
gerous condition that they cannot possi-
bly, recover; petition circulated in New
York is being signed generally by Master;
Of Masonic of lodges residing there, call
ing for an emergent session of the Grand
Lodge of the State to take such action as
may be necessary. Similar action Oh
part OF the Masonic fraternity is being
taken in New Jersy and Massachusetts