The Rutland daily globe. [volume] (Rutland, Vt.) 1873-1877, 1874-10-26

BIt AUCIlON HOUSE IN TROU BILE.
The failure of Wilmirding & Mount, the
reputed wealthy auction and commission
house of Worth street, is announced The
house admits its insolvency, but declines 10
enter into details The cause of the
failure. as stated by outsiders, is that the
house has been receiving consignments of
merchandise upon which heavy advances
were required to be made before the goods
were sold. After the goods were sold the
paperswhich was given in payment had to
be guaranteed by the auctioneers for
consideration, and the practice ended dis
astrously. 1t is expected an arrangement
will be made with creditors, and that an
early resumption of business will follow.
The assets and liabilities are unknown.
AN EPISCOPAL PROTEST
In the Episcopal convention, memorial
was presented, bearing many names of
note, and such as John A. Dix and John
Jacob Astor, Directing to the passage of
any canon on ritualism, chiefly on the
ground that it would be backward step
towards ecclesiastical dogma and con-
straint. The subject was postponed until
Monday. The crisis is approaching in the
convention.
The following resolution was placed on
the calendar
Resolved, The house of bishops concur
ring, that the practice commonly des-
cribcd under the name OF. each artistic ado
ration and practices designated rs sacra-
ment of penance, together with all teach
/ ings leading to the above named practices,
are hereby solemnly declared to be foreign
to this church.
Resolved, That the committee on prayer
book be requested to prepare and report to
this convention such rubrics. as may be
judged by said committee needful to the
preservation of the ritual of this church in
its integrity and purity.
Resolved, That the committee on cahons
be instructed to ascertain whether any
legislation may be necessary to prohibit
in public worship commonly called divine
service in communion and bapismal offices
in order of confirmation, in solemnizati0n
of matrlmony, and in the order for the
burial of dead, use by any minister or lay
reader of the church of any prayer, litany,
suffrage, thanksgiving, exhortaton or
| form of dissolution other than those con-
tanned in the book of common prayer.
THE ENGLISH ACCOUNTANTS
who made trip to this country to iAvesti-
gate the books of the Erie company have
finished their labors, as appears from for
eign papers received here. The accounts
are represented by those experts to be quite
as fallacious as they were asserted to be by
ex-auditor Duncan. A little more day
light would be healthy for almost all out
great railroad corporations Under the
circumstances it is not surprising that PEG
pie are selling out of railroads and putting
their money into United States bonds, and
this they will continue to do, however the
elections CO.
THE WOOL TRADE.
A meeting of persons engaged in the
wool trade-members of the chamber of
commerce and others-will be held at the
rooms of the chamber on Monday to con-
slider what simplifcation in the classical
ton of woods, and what alterations in the
mode of collection of duties, shall be ask
ed of the government at the next session
of congress. A similar movement is taxi
ing place in other cities, and hearing of
the JOINT committees of New York, Boston,
Philadelphia and Baltimore is promised be-
fore congress meets.
THE TRIAL "TRIP
of the Pacific Mail steamship City OF Toxic,
on Thursday, was successful. After steam
ing down the bay she anchored at the com
pass buoys and remained all night adjust
ing her compass. Most of the invited
guests were taken off, and after steaming
several times around the brilliantly illu'
minated steamer, they returned. Her ex-
cursion to Aspinwall has been postponed
until Monday.
AN INTELLIGENT LETTER FROM INDIANA
gives an account of the causes which led tC
the Republican defeatin that state. Among
these were the general apathy in the ranks
of the party, a lack of unity either in pur
! pose or organization, and solid resolution
taking the form of independent govern
: ment The Washington scandals of tn,
, last session, the third term agitation, ant
the vague discoutent with the administra