The weekly democratic statesman. [volume] (Austin, Tex.) 1871-1883, 1875-07-29

for W. 3. Duncan. The credit of ~
house was good up 70 the hour of susp
sion, ard bad Duncan chosen TO avail hl.I-
self of this the house need not have sus-
pended. Great excitement prevailed in he
street. AS soon as the rumOr of the sus-
pension began to be circulated large crowd
of people soon collected, majority of
whom were attaches about their offices.
Many attempts were made to gain admission
TO the building, but the doors remained
closed. Even telegraph messenger was
unable to get admission till he bethought
him of the back way on Pine street, and
even then he was compelled to hand his dis
patch through an iron grating. Inside the
clerks could be seen at their desks busily
engaged with books, but entrance was
denied to all. At 10 o'clock there was still
much excitement IN the nelghborhood OF
the banking house, but no new develop
ments of importance had occurred. 1t is
understood that full statement of affairs
of the house is in operation.
New YORK, July 27.-Duncan, Sherman
& Co. IS statement: Through loss and mis-
fortune our available assets are so reduced
that we are compelled to go into liquida-
ton"
New Orleans.
New ORLEANS, July 23.-State Auditor
Clinton has sent in his resignation to Gov
ernOr Kellogg, to take effect December 10,
1875. He says: Il fix upon that date for
the reason that an earlier resignation would
compel you, under article seventy OF the
Constitution, to order a new election to fill
the vacancy, and this would involve large
expense to the State, which l know YOU
desire to avoid" He states that he had
long desired to resign, bat waited till his
character had been vindicated, which had
been done by the report of the experts and
the evidence adduced at the recent
trials, though unfortunately he was not
permitted to testify, and consequently
many facts in his favor, known only
to himself, remained undeveloped. He as
signs as one reason for retiring, his inabil-
Ity to get along tremendously with the
State Treasurer. Governor Kellogg, in ac-
cepting the resignation says: Though in
the discharge of my official duty, ordered
an investigation to be made into your ac-
counts and directed the law officers of the
State to prosecute the charges preferred
against you, | have never, for one moment,
believed you to have been personally guilty
of dishonesty in the administration of your
office. Before experts made report l had
examined into many of the charges urged
against you, ana found them to be ground
less" He says that subsequent con-
versation with the experts, one of whom
was the president of the cotton exchange,
and the testimony attached, have only con-
firmPd him in that opinion.
NEW ORLEANS, July 27.-The refusal on
Saturday evening of the captain of the
British steamer State of Alabama to surren-
n throa of hio ailorc ohor o. inn
coat created flutter of excitement in po-
lice circles. The British consul was APP
pealed to. In the meantime the Alabama
has sailed for Liverpool with the accused
on board. Attorney General Field states
that when the legal points have been exam
ined, should the law decide adverse to the
crime, having harbored the accused per-
on the return of his ship to this port.
A son of Capt. Lambert, of the tow boat
Wiscasco, aged seven years, fell off the
wharf at Pass-a-POutre and was drowned.
Miscellaneous.
GREENBRIAR WHITE SULPHUR SPRINGS,
Va, July 21.-An informal meeting was
held to-day by the delegates of the National
Cotton Convention. President John Phelps,
of the New Orleans Cotton Exchange,
called the meeting to order, and stated
that in consequence of the break on the
Chesapeake and Ohio road causing the de-
tention of many delegates on their way tC
the convention, it would be impracticable
to appoint business committees and advance
to regular opening. Secretary John s.
Toof, of Memphis, read list of the cotton
exchanges who would be represented in the
convention, by which it appeared that the
association had been joined since their last
meeting by exchanges from Shreveport,
Louisiana; Nashville, Norfolk and Selma.
and each of these were entitled to a repre-
sentation of two delegates, according tc
the classification adopted last year. The
following cotton exchanges are represented
this year: Mobile, Charleston, Savannah
New Orleans, Memphis, Baltimore, Boston
Selma, Montgomery, Norfolk, Augusta
Nashville, Wilmington. Charlotte, Cincin
natl, st. Leuis, New York, Philadelphia,
Athens, Georgia; Galvest on and Louisville
The total number of delegates is between
ninety and one hundred, of whom New
Orleans has most, fourteen; Savannah
New York and Memphis being next il
order. The president having been notified
that Gen. Joe Johnston, Hon. Robert
Toombs, of Georgia, and Gen. Gilmore, O.
the same State, were sojourning at thu
springs, stated the fact to the meeting, anC
it was resolved unanimously to invite then
to participate in the regular deliberations
A meeting will take place at II A. NJ. to
morrow
OMAHA, July 81. Thirteen miners ant
four wagons were captured forty-five miles
north of Fort Laramie en- route to the Blacl
Hills last week, and brought in to the for
on parole.
Seven hundred and sixty Mormons lief
here for Salt Lake City last evening.
PHILADELPHIA, July 81. Arrangement
were made to-day by the Catholic Tota
Abstinence Union, of Philadelphia, to cele
brate the centenary of Daniel O'Uonnell'
birthday, August 6, by meeting at tn,
Horticultural Hall and a lecture by Rev
Patrick Byrne, of Trenton, New Jersey
President of the Catholic Total Abstinenc,
Union of America.
GALVESTON, July 21.-The first shipmen
of new wheat in bulk arrived, was classec
as No. 9 sold at 81. 10 on the cars, and will
be transferred to the new elevator fo
foreign shipment. Other large lots are re
ported en- route for this port.
SARATOGA, July 21.-The Bankers Con
vention resolutions were reported. TIL,
first resolution favors immediate resump
ton, and calls upon every citizen to haster
the day when every promise of the govern
ment to pay dollar should be redeemed
in coin. The second calls for a repeal o
the war tax on banks. The third urge.
Congress to issue coupon bonds in exchange
for registered bonds of the same denomi
nation. The fourth demands the abolish
ment of the two cent stamps on checks anC
vouchers. The fifth favors a,permanent or
ganization of national banks.
Mr.. Thomas F. McGrew, of Springfield
Illinois, offered the following:
% ResolUed, That it is the opinion of thi.
convention that the act to provide for the
resumption of specie payments, approved
January IA, 1875, ought to be amended sc
as to provide for the gradual contraction o.
all legal tender circulation, the time OF re
sumption to extend to the first of January
1885, to afford time for the business of the
country to adjust itself to the change with
out sudden fall of prices"
MONTGOMERY, July 21.-It is reported
that terrible fight has occurred in Per