Los Angeles daily herald. [volume] (Los Angeles [Calif.]) 1873-1876, 1874-04-22
Latest kilograms.
A New Line OF Steamers from San
Francisco to China Proposed.
AFFAIRS IN ARKANSAS GROWING
MORE DESPERATE.
The War in Spain-Bombardme OF the
CarIist's Position.
Oregon Wants Railroad Subsidy.
Oregon Wants Railroad Su5sid,
EASTE r N.
Panic i'm Wall Street Failure of a
Prominent Firm.

Panic I'm Wall Street Failure of a
Prominent Firm.
New YORK, April 21st.-Yesterday
was an eventful day in Wall street,
opening with the failure of Capron &
Merriman, and followed by events
which precipitated a panic Oh the
stock exchange. The failures above
noticed were followed by rumors, all
of which tended to disturb confidence
and unsettle matters generally.
The War Of Railroads and Steam
boats-RumOrs of Another Line to
China.
NEW YORK, April 2lst.-There was
a report that q railroad and steam
ship war was likely to result from the
inability of the Pacific Mail, Panama
Railroad and Union Pacific Railroad
Companies to agree upon some AMIGA
BILE freight arrangement, and the Cen
trail Pacific Company was about to
consummate an agreement with an
English company to put on an oppo-
sition line of steamers between San
Francisco, Japan and China.
The Arkansas Governors MIDDLE.
LITTLE Rock, April 2lst.-There is
no change in affairs at Little Rock,
Arkansas. Brooks and Baxter's
forces are resting on their arms.
New York and her Peace Commits.
siOners.
New YORK, April 21st.-The Board
of Aldermen of New York have re-
quested the Mayor to remove the pres
ent Police Commissioners for incom-
potency and corruption.
Utah in Consress-Thc Alaska Fur
Trade-PetitiOn for Railroad Sub
sidy.
WASHINGTON, April 20th.-In the
House, Pollard, of Vermont, offered
a resolution reciting the conflict of au-
thority between the L. S. Courts and
Territorial Courts of Utah, and that
enforcement of laws has been delayed
and INSTRUCTED, directing the Judici-
airy Committee to report bill for the
regulation of legal jurisdiction of
courts and officers of Utah.
The House Committee on Public
Lands have agreed to recommend
the passage of the bill providing that
all lands heretofore granted by Con-
gress to railroad companies snail be
subject to local taxation the same as
similar property Of individuals.
The Senate passed the House bill
enabling the Secretary of the Treas
ury to gather authentic information
as to the condition and Importance of
the Alaska fur trade.
Another Oregon petition in favor of
Government aid to the Portland, Dalles
las and Salt Lake Railroad was laid
before the Senate and referred to the
Committee on Commerce.
The People Demand a Return to
Specie Payment.
Boston, April 20.-The Executive
Committee, appointed at a recent
meeting at Faneuil Hall, to take ac-
ton unfolding the public faith, have
issued an address recommending the
formation of Leagues throughout the
country to unite the people in favor of
demanding that the Government shall
redeem its financial pledges, and to
create stronger public sentiment in
favor of specie payments.
A New Phase Of the Arkansas Middle.
LITTLE Rock, Ark, April 20.-Col-
onel Ross command took possession
Of the telegraph office to-day and
opened it to the public. Owing to his
interference with military operations,
Baxter has accomplished nothing.
Baxter to-day sent President Grant
dispatch representing the case, and
stating his position. He complains
that the L. S. troops neither aid nor
allow the suppression of the insurrec-
ton, and requests that they be ordered
to assist him or leave.