Port Tobacco times, and Charles County advertiser. (Port Tobacco, Md.) 1845-1898, 1873-10-17
News of the Week.

4CC-1 lCOluCIlO w l1SOn WIlUCS W d
in Washington that his health is complete
ly restored.
Ex-Governor Oden Bowie has been e.
lected President of the Baltimore City
Passenger Railway Company, in place of
Henry Tyson, ESQ.,, who resigned the of
flee to accept the Vice Presidency of the
Erie Railway Company of New York.
Hon. T. Parkin Scott, the venerable
Chief Judge of the Supreme Bench of Bal
timore city, died at his residence in that
city on Monday morning last The Judge
two weeks. The members of the Courts
and City Council passed resolutions of re-
spect to his memory.
President Grant has issued the annual
Thanksgiving proclamation, setting apart
Thursday, the 9th of November, for the
observance of the national and time-hon=
ored custom. The Governors of the vari-
Gus States will undoubtedly fix upon the
same day, so that it may be generally eel
ebrated throughout the country.
1t appears to be the set purpose of the
Imperial Government of Germany to pre-
vent, as far as possible, its bearing
population from seeking new home in
the United States. In addition to the re-
strictions put upon railroads some time
ago, an order has now been issued for the
expulsion of all emigration agents domi-
ciled in Germany.
What might be called the tail of the
panic struck financial circles on Tuesday,
and sent stocks down with a run. Wall
and Broad streets were TREMENDOUSLY excit-
ed for awhile, and it actually seemed at
one time as if there was no bottom to the
market. The suspensions of Burger, Hurl-
but q Livingston, prominent sugar
house; Gillespie, Trow bridge & Co., tea
dealers; and Whitmore & Co., brokers, are
reported. The stringency in the money
market and the difficulty of negotiating
exchange has created trouble among the
tea and sugar firms, and the suspension Of
the two noted may be traced to this cause.
The rumors that flew about the street were
wild in the extreme, and Commodore Van
berbilt was the centering point of them
There are many indications that he is hard
pushed, the chief of which is the decline
in stocks which it is the especial business
of his party to hold up. The situation is
curious, but there is no reason to appre-
bend any further disasters Of consequence
to legitimate business.
Large amounts of specie are being sent
to this country from England to buy grain
and other staples, including cotton, and a
contemporary says solvent banks cannot
ask for more favorable state of foreign
exchange in which to resume specie pay
ments. It will do more to restore general
confidence, sound credit and improve
trade and the movement of staple crops
than anything else whatever All feel and
know that our currency is on false basis,
and all clutch what they have, as men
cling fast to ropes and spars in storm at
sea, in a panic. Confidence is the essen
tial element in all credits, and specie pay
ment the BASIS of all confidence. To de-
lay specie payment is to force the unneces-
sary contraction of confidence and real
currency on the country
General Samuel Jones, who was some
months ago elected President of the Mary
land Agricultural College, has arrived in
this State, and will, we presume, at once
assume the duties of his position. Gener-
al Jones is native of Virginia, graduate
of West Point, and was for some years a
professor in that institution. At the COM
mencement of the late war he resigned a
captaincy in the United States army and
offered his services to the Confederate
States Government, under which he attain
ed the rank ofMajor General. He is known
as a gentleman Of thoroughly-d disciplined
and well-cultivated mind, in every way
suited to the office he will hold, and we
extend to him a cordial welcome.
The insurgent feet at Cartagena, Spain,
has been defeated by the Republican men
of war. The fight took place in the har-
Dor of Cartagena, and we have but few de-
tails, except that the insurgent vessels were
considerably injured, and took shelter I'M
der the guns Of the forts in the harbor-
The forces seem to have been about equal.
The battle claims some Importance as be-
ing the first ever fought between European
iron clads.
The general Conference of the Evangel-
ical Alliance, which had been session in
New York since the I'd instant, concluded
it's laborers on Saturday afternoon. The
conference has been perhaps one of the
most notable in point of interest that
has ever been held its discussions having
embraced great variety of themes upon
questions of great interest and Importance,
and ELECTED the views of men distinguish
ed in America, Europe and other parts Of
the world.
There is fair prospect that the South
Carolina University at Columbia will be
entirely stripped Of its officers, a number
of whom have resigned on account Of the
admission of colored students.
VIM. II. Jones has entered suit in the
circuit court against the Baltimore and
Potomac Railroad Company, claiming
$4,000 damages for injuries by him sui
fered in the collision that took place in
the navy yard tunnel on the 18th of Nov
ember, 1872, when in consequence of four
freight cars having been left behind in the
tunnel, the locomotive ran into them and
injured number of laborers, among them
the plaintiff, who lost leg by the acct