The Portland daily press., 1873-10-23

p:'"'c ieeISr from freSlCent Grant assuring
nim OF the willingness of the President to do
an IN his power for the financial relief of the
country, that this letter was brought to him by
nlr. anthony of the well known dry goods
S3o,uimisslon house of Anthony & Hail. who on
ue;nnVerlrg it, said he had had conversation
win PRESIDENT Grant, who proposed as referred
10 IN the letter 70 buy sterling exchange and
issue legal tender notes at a rate of S3,000,000
OK S4,0O0 600 a week if necessary. We further
understand that an informal meeting of the
more Influential bank presidents was held
yesterday afternoon in the parlor of the Mer-
chants bank and the statement as above made
was repeated the letter being held up to those
present though not read. A proposition was
tnen submitted and discussed whether the
banks should make largely increased Issue of
1 n certificates with the understanding that
PRESIDENT Grant should do as was stated.
At the request of Mr. John E. Williams,
Ffesldento of the Metropolitan bank and other
panK o1hcers general meeting of the clearing
mouse association has been called for tomorrow
Ior the purpose of considering the proposition
OF PRESIDENT Grant for financial relief as made
IN an recent interview of a New York mer-
cnant with the President and also in the letter
Oh OF, the President to Mr. Williams. A special
WASHINGTON despatch based on the assertions of
secretary Richardson says: 1.-THE legal tender
reserves will only be drawn up to me- ct the
current expenses of the treasury department
winch are not likely to reach ten millions in
the aggregate and for 70 other purposes.
ocoictdry hlcnaruSOn uenleS most positively
tnat any instructions have been igiven to pur-
chase exchange on London. The President
mas not written letter saying he would buy
exchange on the issue of legal tenders beyond
the amount actually necessary to meet 1.-THE de-
mands ON the treasury nor has he called or
even contemplated calling cabinet meeting to
consider these questions.
Important Arrest of Bond Forgers.
NEW YORK, Oct 22-It is reported that four
OF the principal forgers of The New York Central
Erie, Buffalo and other railroad bonds have
oeen arrested. The amount involved is over
$1,oOo,O00 The names of the prisoners are
Andrew Coberts, Frank Gleason, George Wilks
and Charles Olmstead The evidence against
them is said to have been furnished by the en-
graver who made the plates from which the
forged bonds were printed.
A Tribune Editor in Trouble.
Notwithstanding the decision of the Court,
demanding the answering of the Grand Jury as
to the Brooklyn ring frauds, Mr.. Shanks still re-
fused to respond to inquiries which infringed on
the rules Of his Office Proceedings were there
fore presented by the Grand Jury against him
this morning. 1t was shown that Shanks, I'M
der protest, had iusresponse to questions, nam
eds Whitelaw Reid, as the responsible editor of
the Tribune, but he would not disclose the name
of the person who wrote the article. Judge
Gilbert demanded that Shanks show cause un-
der penalty of Imprisonment in the county Jail,
declaring that there was no law exempting an
editor from answering the questions of the
Grand jury. Mr.. Shanks asked for time to be
heard by counsel, but the request was denied.
He also said he was witness in the Stokes
case, but Judge Gilbert reported thst he could
be taken from Jail to testify if necessary. At
ter an exciting discussion Judge Gilbert declar-
ed Shanks committed, and he was taken to
Raymond street Jail.
Disabled Ships.
The schooner Clara Woodhouse arrived this
morning. She reports that on the 9th inst, she
fell in with the ship Lady Russell from Liver
pool to Mobile, with all her masts gone. The
captain of the Lady Russell wished no assist
ance, and intended to try to get into Key West.
On the 9th inst, she passed vessel of about
175 tons. bottom up, with spars, sails rig
ging alongside. Her name could not be seen.
Various Matters.
The total registration of voters in Brooklyn
is &c, 403, nearly 10000 less than last year.
The steamship Scotia arrived tonight bring
ing $500, 900 in gold, which with 100000 by
the steamship Westphalia makes over a mil
lion dollars in specie brought here to-day.
The Havana bank robbers were taken before
Judge Moore and pleaded not guilty to the
charge of stealing and forging checks on the
Bank of Commerce of Havana to the amount
of $4,000.
The Westphalia has S557, 900 in sperie.
Sherwiu, the broker of Charles HI. Phelps, the
defaulting cashier of the State Treasury. is
still in custody, unable to give the req uired
bail, $50 100.
During fight in tenement in Brooklyn
last night John Poland seriously stabbed three
women. He was arrested.
d. c, Powers, an ex-member of the Legisla-
ture, committed suicide at his boarding house
late last night. He has been dissipated of late
and has not lived with his family
Patrick Hervey who was stricken with yellow
fever this moring in Washington street, is said
to have arrived from Memphis, Monday Three
other men slept in the same room with him
last night and ithe authorities with view of
preventing the spread Of the disease are actively
searching for them.
The Thieving Cashier.
ALBANY, N. Y, Oct. 22-The examination
of the Phelps case was further postponed till
Monday 1t is understood the reason for the
postponement is that Phelps will return the
money, but Justice Mcnamara says that the
case shall not thus be settled in his court.
The Canal Boat Disaster.
: PEEKsKILL, N. Y, Oct. 22-The latest res
ports show that nine canal boats were lost in the
disaster on the Hudson river at Steny Point, in
stead of six. The damage amounted to $780,
90. 1t is now positively stated that no lives
were lost