davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1876-04-26

CAPITAL IN EUROPE SEEKING ISvESTMENT-WIIAT
INDIGESTION ONCE COST THE NAIIoN-A REM
INIsCENCE OF MR.. BoUTwELLs TIME AND IHE
TRANCO-PRUSsIAN WAR.
ley TELEGRAPH THE TRIBUSF.I
WASHINGTON April 25.-Thc Committee on
WAYS and Means will proceed Thursday next to con
sideration of the Funding BILL introduced by Fernando
Wood which it Is understood. has the approval Of tie
Secretary Of the Treasury. The Committee. has been
urged to take Immediate action this BILL In order that
the Government may avail itself OF the ivor-
able condition OF tie money market IN Europe for
the placing of firsclass Government loans ana OF the
great amount of capital especially in England, no"
seeking investment in security Of this kind senator
Boutwell, in conversation recently expressed the opn-
ion that allow the present opportunity to negotiate
loan at low of nteresto pass without taking adyan
age OF il would be hardly less than criminal andhe called
attention TO the previous experiences OF the Government
in selling its bonds aud the great expense in which the
country had been unnecessarily Involved by delay on
former occasions.
In his annual report Secretary Of the Treasury dated
Dec g. 1863 Mr. Boutwell, urged very strongly the pass
age OF the Funding bill and recommended tina; the essen
tl conditions of the new should be these: First,
that principle and interest should be made payable m
coin: second that the nyc-tWeny bOndr should DC re-
celv,d in exchange Cor bonds third, that The inter
est should be made payable either in the United states
or Europe fourth that the rate OF interest should not
exceed 1i2 per cent per aunum. "Shodd our success
in negotiating Oan," he said, be equal To my ef-
pectations based upon the fact that the ability dis
position Of the people II the United States To pay the
public debt are sufficient to justify IN assuming that
the bonds OF the United States will command the highest
rates in the markets OF the world shall then be in
condition enter upon the wo6 Of reducing taxation al
the commencement OF the next session Of Congress-
funding bill Was introduced early in that session OF
Congress- passage delayed principally on ac-
count OF the belief OF Gen. schenck Chairman 81 the
Ways and Means Committee, who had recently returned
from Europe that bonds bearing lower rate Of interest
than 4l2 per cent could be sold at par IN English aud
German markets The result Of this delay that the
Funding act OF 1870 not approved until july
Ii. This was the very day which russia
withdrew her representative from the Frchch
Court and before any provisions for the sale Of
bonds could be the great FrancoPrussian
actually progress This made the sale OF Az per
cent Dc nd In Europe impossible and AT no time during
the past five years until very emily has the market
rate OF United securities ia Europe been such that
bond bearing less rate Of interest than per cent
could be sold there al par In gold.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1876-04-26
AMERICAN AND BRITISH MONEY.

PROPOSED COMMON UNIT FOR THE TWO COUNTRIES
"A CONVENTION CONTEMPLATED 10 FIX THE
UNIFORMITY IN COIN AND ACCOUNTS.
GENERAL PRESS DIsPATCH.l
WASHINGTON, April 25.-'The concurrent res
outon proposing a unit OF money and accounts
for the United States and Great Britain amended by
the Finance Committee and reported TO the Senate to-
day with a recommendation for adoption, IL In its full
text as follows:
The magnitude Of the transactions IN
and the intimate social relations between tho people OF the
United and OF Great Britain and Ireland combine 10
importance Of uniformity the
OF account OF the respective countries and
WheTds existing circumstances change In the standard
OF the gold The United States could be introduced
without serious and the United States Will
ing TO make change 70 the and Of such uni
formity; therefore
Resoped BY the 1.-THE Of Representatives
ourns That the President be requested TO propose con
venu0n betw United Her Majesty
Of Great Britain and Ireland having for Its object
uniformity In the coins AND account OF the respective
countries the bass herein stated but subject 70
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1876-04-26
THE FRENCH REPUBLIC.
PARIS. Tuesday. April 25.


A meeting in favor of amnesty was held
here last Friday, with NJ. Harant President OF the Mu
nicipal Council, Chairman, at which Dr. Robnet and
Others made violent speeches going far as TO justify
the Commune The Government has instituted proceed
ngs against the organizers OF the meeting IL is also
stated that the Les Dros dc FHoome will be prosecuted
under the laws for publishing Dr. Robnets speech
The Project Of the Seine has submitted 10 the Municipal
Council the project OF the loan OF S2i000000 for public
improvements in the city.
The announcement OF the end Of the insurrecton in
Algeria was premature The insurgents recently attacked
the French camp. but were vigorously repused.
RoUEN, Tuesday, April 25-Evenng.
The Theatre des Arts and adjoining buildings are In
flames Several lives have lost and many persons
injured. Too ,o-o
great Radical demonstration made In Paris at the
funeral OF the wife ~ VI. Louis Blanc which took place
Yesterday IL estimated that 100000 people lined tie
route of the procession
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1876-04-26

TATIoN OF THE REPORT THAT He LIVED
BEYOND HIS INCoME-sURREJOlNDER OF THE
IMPEACHMENT MANAGERS.
fGENERAL PRESS DIsPATCHl
WASHINGTON, April 25.-lt is asccrtained
from the friends OF Belknap that he feels very
much agpreved the statements OF Gen Custer, who
testified before the Committee Expenditures In the
War Department that If he had done his duty there
could have been frauds In the management OF Indian
post-tradcrslrs which COMPOUNDED with the military
post-traders Indian posraders are appointed by The
Secretary Of the Interior and not bv the Secretary OF
War; and are entirely under his control and manage
ment.
While Gen. Belknap Secretary OF War the dsburse-
ments % the Department over S330,0O0OO0 not
dollar - which could he expended without his signature,
and not penny Of which remains unaccOunted for This
fact he intends to show and he Will also show II he shall
have an opportunity, by the testimony OF the War and
other Departments and their sub0rdnGtes, and by The
division generals OF the army that for promp;ncss In
tcgity and general efficiency his administration has
never been surpassed II has been charged that the rac
tce OF purchasing posttraderships is universally prac
tced but Beknap will, If permitted, call every one
OF the $50 pOsttradera to refute the hearsay testimony
on this point There has been much said about the ex
Secretary being forced to, obtain money corrupty to
maintain his eXtravagant style Of living He has Kept
strict Of his housekeeping expenditures extend
ing over about three years and his books and bills month
expenditures less than his salary fccctay BY
way Of example his house II 800, and has
been than $1,000 These facts will serve TO indl
cate his probable defense IN his approaching trial The
otrepeaed statement that NJ made confession to the
Chairman of the Committee Expenditures IN the War
Department will be utterly reed and the facts brought
out Will shoT the popular prjudgment Of his ease Is In
many respects INV warranted.
The impeachment managers to-day filed with the Sec
rotary Of the Senate their surreonder the r0nder OF
Gen. Befnap which was fled yesterday. They reiterae
in the name Of the House and OF all the people Of the
United states the assertions Of their replication 10
the plea OF Vim. W. Beknap, to the effect that the Senate
has jurisdiction 10 hear and determine the articles OF i'm
parchment preferred, and that the House OF Representa-
tlyes is ready 10 verify and prove the same
tinue Wherefore, nasmuch the said WIN. W. Belknap
hath not answered the articles OF impeachment any
denied the same the said House Of Representa-
tives pray judgment thereon according to law"
In the next place they accept much Of Gen Beknaps
rejoinder as demands trial according TO law" But az
TO the remainder OF his rejondcr they deny that the
House OF Representative should be barred from main
tanning the said articles OF Impeachment.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1876-04-26
DAFFIED CURIOSITY.
MR.. AKFRMAv lxCITEs THE ANTICIPATIoNs OF A
COMMITTEE TO THE HIGHEST PoINT-IhE DID
GUST AT FINDING HE HAD NOTHING 10 TELL-A

MR.. AKERMAN hXCITEs THE ANrICiPArIoNS OF
COMMITTEE TO THE HIGHEST PoINT-THE DIS
GUST AT FINDING HE HAD NOTHING 10 TELL~A
WORSE WITH IS THAN MR.. DAVENPORT.
IBr TELEGRAPH To the TRIBuSE.l
WASHINGTON, April 25.-The Committee on
Expenditure in the Department OF Justice had peore
Them today torney General Alderman and no other
witness Mos OF the sesson was private but uniIn
portan Mr. Akerman at his examination yesterday DC
cIncd 20 bcray the sations between himself ana
the President the subject of the Society Tor the IRE
vcnton Of Fraudulent Voting and asked for time. lie
was given until this morning. when, on being again
called before the Committee, he eti declined unless
the Committee should decide by vote to compel
him A recess OF the Committee followed
another session was called motion was made 10 COM
pei him 10 answer forthwith, and vote in The ahrn
tive was declared. After all this ceremony The Commit
tee hopeful degree almost incredible, learned WIN
sorrow that Mr. Alderman knew nothing. ana had never
talked with the President very much on the subject not
even remembering It's purport. The Committee thi'
evening having nothing better to do, calling him
"Pecksuin."
Mr. Akerman did testify however, that he knew very
little about the work being done by Mr. Davenport IN
Ncw-York and that his first Information was by letter
from the President by the hands Of Gen Porter IN inc
summer Of 1871. tie President being then at Long
Branch. lie had talked with the President seNera
tnIc4 but he could not remember anything that the
President said. lie heard that great frauds had
been committed in Ncw-York In the election OF Con
sres-mon and other officers. The President hal hr't
directed payment Of money under the laws but ne a.
suuics the whole responsibility. He hah wIthuia"h
money from the Secret fund and conyertedt Ia
the paymcnt Davenport but most Of II had passed
through Col Whitley hands the head Of the secret
service Division. Sir Alderman said, Ia reply to Pies
lions that he had Issued instructions 10 Mr. bav
EXPORT nor had the latter made any rcp0rs To LIN
10 tohow the money wasSpent, matter % great SUI
prise 10 the Committee hut NJ Akcrman explained thar
wa, impossible make report eycryi day or Two on
such ,e and had he stayed In the Cabinet 40 doubt he
woui have required reports and issued instructions AZ
the proper time.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1876-04-26
TURKEY AND THE NEIGHBORING POWERS.
THE PORTE PROMISES NOT TO MOLEsT MoNTENE-
GRo-A GREAT BATTLE EXPECTED.

GR0-A GREAT BATTLE EXPECTED.
ST. PETERSBURG, Tuesday, April %, 1876.
The Official Gaeette to-day says the fears en-
tertaned for the peace OF Europe eroundess The
great Powers acting in concert and their unanmity
strengthened. When It recently ascertaned shat
the Ottoman Ministry had decided TO invade Montene-
gro Russia Immediately invited the Powers furnish
their representatives with identical Instructions for the
purpose of dissuadng the Porte from taking the
offensive. Germany, Austria, France and Italy have
already acqucsced and there Is To expect
that England in this most dangerous crisis will acqulcscs
also. Already adyices from COnstantin0ple are more
emphatcay TO disavow any aggressive intentions,
and 10 give ASSURANCES that the military movements
Albania are only defensive.
CossTASTINoPLE, April 25, 1875.
The representatives OF all the Great Powers have
seIed the Porte undertake nothing against Montene
gro promising united efforts for the pgcGcaton OF tho
Insurgents The Porte has taken note of these promises
but has not discontinued military preparations.
RAGUsi April %, 1876.
Intelligence has reached hero that the nsurgent chief
PekO PauOyics, with 800 men, occupied SuttOrina
sunday last is stated that Mukhtar Pasha is
centrang the Turks at GaschkO and great battle Is
expected by the end Of the present week
AUSTRIA To INTERVENE.
LONDON. Wednesday, April 90, 1876.
The Paris correspondent of TIE Times says
he has received the following information from
worthy ofrespeet:
plan il on the point Of being adopted according TO
which Austria Is 10 occupy Herzegovina, BuckoNtna,
and Bosnia. and impose a complete separation OF
Turkey the Christian provinces, the foregoing,
together with Montenegro and Serya, becoming indie
pendent states nterposed between Turkey and the
mandcr Of Europe.
Ihe correspondent adds that he has doubts about the
above Intelligence, although the source is good.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1876-04-26
FOREIGN NEWS.
GRAND FRANCO AMERICAN FETE IN PARIS.
PARIS. Tuesday, April %, 1876.

The Grand operate Festival, organized by
ton of the statue of Liberty NewYork harbor.
held tonight. The exterior and stage Of the Opera
House were decorated with American flags. The audi
brilliant consisting of many distinguished
persons and the elite Of Partisan society. Among those
present were Minister Washburne and all the members
OF the United States legation exPresdent THEIRS NM.
waddlngon, Oscar De Lafayette, Rochambeau, and DE
Tocqueville.
The American Colony very fully represented The
selections Eight hundred picked singers from the var
Orpheon societies joined IN the performance Of
cantata, entitled Liberty Enlightenng the World"
dedicated the People OF the United States and COM
posed especially for the occasion by Charles G0unod.
The work rendered with great spirit, aud received
with immense applause. Several patriotic songs were
sung The audience was most enthusiastic.
NJ. Labouaye delivered eloquent address. He
described the position Of France and America in 1776.
proclamation OF American independence the
introduction OF free republican government in the mod
ern world. lie pointed out the part taken by the French
nobility in the achievement OF American liberty and con-
cludcd as follows
The proposed movement symbolizes American freedom,
which bears peace and enlightenment everywhere IL
will he eternal monument Of the friendship OF
France and America, recalling the united names OK
Washington and Laay and the union of two peoples,
who formerly united to found independence, and now
unite 10 cement fraternity.
Tie proceedings terminated with the singing OF Hail
Columbia"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1876-04-26
rELEGRAPHIC NOTES.

rL,DrIPHI, April 25.-It is estimated that
Of the centennial goods arrived here are now In
the buildings.
U,RRIsBURG April 25.--The Tanners National
Convention was held today, and centennial subjects
formed the man topics OF discussion
NASHVILLE, Tenn, April 25;-Four prisoners were
liberated last Sunday night from the Smith County jail D.
armed men.
Boston, April 25-The Lawrence School Com,
mee refuse 10 let agent OF tho Massachusetts lota
Absnence society address the public schools ana eo'ah
pledges from the pupls
OTTAWA April 25-The ice on the Lower O sa,S
moved 70 day tearing rtorehous and badly damaging
browns Wharf Pantagenet number OF wharyss WEE
at dinerent places Papineauve the new wharf
iaev built vas completely obersed The Ice 10 about two
feet thick, and moved with great rApaolv'
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1876-04-26
THE BARBADOS DISTURBANCES.


In the House of Commons this evening Mr..
Lowther the Colonial Department said the latest ad
vices the Government had received from Barbados
dated sunday last and reported that slight disturbances
had taken place, which were speedily queled. Earl
Carnaryon has teegraphed FOR further particulars.
The telegraph says to-day, with reference 10 the Barba
does telegram published yesterday:
II will be observed that date is ascribed to the
events narrated The latest Information obtained by the
Government i, believe through dispatches received
on sunday last. These convey the Intelligence that in
cendaris has Eeen rife, but not to unusual extent
Tie Governor stated that he mad cOunermanded an
plcatiOn which had been made Ia the neghboring sta
lions additional troops and left IL 10 be Inferred that
he felt confident OF speedy restoration OF order. No
news has been received by the Admiralty from the naval
commander station cOuhImatOTy vi the reports
published Yesterday.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1876-04-26
THE CENTENNI1L BALI.
4 SUCCESSFUL AND ENJOYABLE FESTIVAL WITHOUT
CRUSu-THE BOX-HOLDERs

4 SUCCESSFUL AND ENJOYABLE FESTIVAL WITHOUT
CRUsH-THE BoX-HOLDERs.
The ball given at the Academy of Music last
evening under the auspices Of the womens Centennial
Unic was not SO largely attended its purpose and
patronage seemed to promise. IL was success in
every particular except that OF a great crowd The
dance floor, balconies and boxes were well filed,
however and the evenings recreation was followed up
with spirit The Womcn's Centennial Union Will be able
with the help Of the profits OF this ball to contribute
$4,000 10 the exhibition OF womcns work at the Con-
,onial THIS amount was what the Union originally SCI
out 70 obtain.
The Bal Committec-couslstng of Gen. and Mrs. Geo
w. Callum, Mr.. aud Mrs. Benjamin H. Field, Mr.. and
Mira. Chester A. Arthur, Mr.. and Mrs Adren Tssln Mr.
and Mrs y. F. UosGck Mr.. and Mrs Edwin NJ. Felt, and
Mr. and Mrs Charles C. Goodhue-had its headquarters
ON raised platform nc the rear OF the Academy stage
mountain and pastoral scenery forming background
To the brilliant scene, over tho Committee were the
words Our Centennial Union" formed by hundreds Of
tiny gas lets Vases OF flowers and trailing vines
nened and marked the boundary between the floor and
the dress circle. After the dancing OF the hrst Court
ouadriile," which took place at 1890 y. NJ, the
officers OF the Brazilian corvette Nchiheroy who we're
IN box Of the rst balcony conducted the floor
by Theodore Roosevelt John JAY aud other members OF
the Rrcepton Committee and introduced 10 the ladies Of
tIo paIi Committee after which they joined IN the
dance the Commandant Jose da Costa Ascveda escort
ug Mrs. John BgclOw
MANY OF the toilets Of The Indies very elaborate
ht tnts Of silks and saus satin stripes, brocaios and
rfhroldcrIcs prtdomiuate a few continental costumes
were conspicuOusy pretty, and powdered hair, lace
hcaddrcss, ana blnck patches prevailed Inc supper
no,n was prOfuscy decorated with tno national cOors
fcsOoncd Rags drlpng the walls ana trcolor banners
and steamers the ceiling.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1876-04-26
THE ISLANDER COMMITTEES.

NODE OF CONDUCTING THE INTERCHANGEABLE
WORK OF JoBBERs " AS PRIVATE DETECTIVES
NQUiIToRIAL CHARACTER OF TESTIMONY RE-
CEIvED.
lBr TELEGRAPH TO THE TRIBUSE.I
WASHINGTON, April Pa gentleman of high
position, who has been summoned as witness before
one OF the Democratic committee has made this state
ment Upon my arrival in Washington learned of the
presence OF numerous private detectives Of the class de-
Nominated jobbers H. c. always ready to put up job
~ anybody for money! Upon inquiry learned that
notorious "jobbers" from Chicago we're there vgor.
Uuny NJ work in the interest OF the Chicago
WHISKY Ring some tire during last Winter one
VI .neSe same Chicago detectives visited Springfield H.
sno suggested TO certain United States oxoncal that
s]oooo would be paid for case Of corruption or fraud
against the Government that could be made TO "stck
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1876-04-26
CHAMBER OF COMMITTEE on THE JUDICIARY,
HOUSE or REPRESENTATIVES,,
IMPORTANCE OF 4 SINKING FUND AS SET FORTH BY
PRESIDENT DILLON.
fGKNNRAI PRESS DIspAICHl


WASHINGTON, April 25.-The report contains
the follow ng from the President Of the Union Pacific
Railroad Company to the Secretary Of the Treasury:
Feb. o, 1875.
The tSage held by ~ Government i'm its terms and
BY ajud ial decision of the United states Circuit Court
cannot le enforced until t1e maturity OF the bonds
winch l. near the close OF the present century The
bonds are accommodating and interest
count, also uncOllectabe until the principal
Is due. The principal and interest when
cue WI amount 10 the very large aggregate OF over
SOOJOOO, though the actual amount advanced by the
1oyeruinent was only $272365l2 For this very large
amount me Government has only a second mortgage.
su II II ne allowed TO accumulate without any provision
vens mace 70 meet IT, the Company Will probably be ut
mIy unable TO pay IT, At the time il s equally
'aAest mat the Government will be unable TO collect
eAcept upon the assumption that IL will advance tho
money 70 discharge prior mortgages and the road
Dvheihment account policy which wise state6mansip
vSiu h n0t a9Nlse BY standing still therefore, the Com
Pss ns Ioda OF debt accunul9ting for which pro-
Nslon made, and the Government is drifting further
u uIlher from the opportunity 10 just return
s u a,CT. 10 90 nothing Is TO inurc both the Coy
"nuen' ana INC Company perhaps irTetrieyaby both.
Hs upon this and other statements of facts that the
report and recommendations Of Judge Lawrence are
based
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1876-04-26
VOL. XXXVI.....No 1898.
WASHINGTON.
rrcr1nnNY FROM LONDON.


.,D,v,1 OF DOCUMENTS FROM THE EMMA COM
PANY-sCHENCK's LETTER REslGNlNG lhN ~
prcroRsuIP-LYoNs STORY SAID TO BE BUS
r1xrD AGAINST THE DENIAL OF sCHENCh AMI
PARK.
tEY TELEGRAPH TO TIE TRIBUNE'l
w,cu,vGroN. April 25.-The House Commit'eo
~, Foreign Affairs received through mail TO-DAY d"
;n,nortant nackage of documents from mes ol '"'
pm,no Mining Company of London. Iheso w.
trvorded nv Mr. Mcdonald at the requesV Va Va.
Comnittee and in accordance with PROMISE "'i'0
bo +elaoranbed about two weeks ago. Al'ei oA'i-
ir;no them the Committee agreed 10 hooP w.
tents secret until after Gen. Schen0h A ~ -
uortunitv TO see and explain thein' ,..ood
-. i,rortont of these papers is understoou
- ,;,o1 letter Of resignation when oeh
co1o,ol forwarded TO the Directory OF the Euiilia
xt;ni,g Company IN December, 1911 u may NC
ro,enbered that James d. Lyon testiheu oeiole Tue
Committee that TrenOr W. ParK shoWeu iii" ie'.'i
of resignation, purpOring to nave Deeh WIl''e" "
c. Scbenck. in which little or nothing in re-
III - b,s continued faith in the Company
Trao contained and that Park at the time remarked
.at Ina would have better letter than this, and one
.not vonId be more useful TO the Company that
snhsoouently Park showed him letter which was
6rov submitted to the Board of Directors, and that
4Io co,,, which he saw was in Parks handwriting
and signed by Gen. Schenck.
His story both Schenck and Park absolutely de-
MED. Gen. Schenck said that the preparation OF his
letter of resignation was his own work, ana tha'
Park had nothing whatever to do with II. III was
nosuble after it was prepared that be might have
handed it to Park to deliver to the Board
lint was not certain that he had even
dome that Park denied that he hao
ever seen but one letter of resignation prepared oy
Cen Schenck. The original of this document, which
is now in the hands of the Foreign Affairs Commit
fee. is in Parks handwriting and is signed by Gen.
sebenck. This fact goes long way to corroborate
the testimony of Lyon and places both Fark anu
Gen. schenck in very unpleasant position
The other documents received to-day are c0mmunl-
cations between Gen. Schenck and his secretary IN
Paris, and Trenor w. Park in London, in regard TO
stock in the Emma Mine held by Gen. Schenck, and
about which there is a conflict between the testi-
mony of Gen. Schenck and Park and the statements
made to the Committee by letter and telegraph by
Mcdonald.