New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1876-09-16

DtIfONs EAACfED-THE ISSUE OF PAPER MONEY!
AT coEsrANnNoPLE
LONDON, Friday, Sept. 10. 1876
A Reuter- dispatch from Copstantinople says
the Porte hss informed the Enbassadors OF the Power
In reply their representations made Saturday last
that impossible TO grant armsce but the Porte
Is prepared to accept peace based upon tho following
points:
First The reoccupatiop Of the fortresses which
held by Turkey previous to 1857
Seeod The destruction Of the orressee constructed
Taird The nysstturs Of Prince Milan at Constant-
pople.
FOURTH The reduction of the effective seryan army 10
10000 men and three batteries.
FVth: The construction Of railway across servIa.
sixth point follows which is ndeeipherable IN the
telegram.
The Porte insists chiefly upon the necessity of the
eupaon OF the principal seryisn forresses TO
vent fresh aggression, and leaves tho negotiation OF
treaty the above bases entirely in the hands of the
Powers It is stated that although the reply OF tho
Porto the ambassadors formuates these conditions Of
peace II win Leave the conduct OF the negotiations in
the hands Of the Powers
INFLATION IN TURKEY.
The General Committee OF the Turkish I3ondboldars
has issocd circular embodying scheme for permitting
the Turkish Government 70 issue paper money the
Of 100000. be legal tender and bearing
interest The whole amount Is 10 be redeemed In tep
years by half yearly drawings Of 000 900 each and
that is to be provided for by deduction Of
10 per ccut from the interest paid to existing bond
holders the provisions of the proposed scheme
is that the Porte shall adopt what called the Hamond
Scheme"
Reuter- dispatch from Belgiadc says report is
rent there that the Turks had captured two Of the Ser
Wan redoubhs at Little zwornick.
The Government will shortly issue notes of denomiDar
tons ranging from one to 100 francs which to 10
legal tender.
THE PROGRESS OF THE PEACE NEGOTIATIONS.
to mako peace with servia first drawn by the
Council Of Ministers. They were submitted last Sunday
TO the Sultan who deemed them too severe, and
yoked the Extraordinary Council Of Eighty Tor their
consideration This council oycrruled the 5uan's de-
eision, and confirmed the conditions adopted by the
Minsters The terms now laid down would give the
Turks possession OF Of Belgrade and entail
the destruction OF important dcfenscs elsewhere. The
reduction OF tho army 10000 and three batteries
would result in placing the province entirely ut the
mercy OF the Turks who have large garrsons at Wddin
and other places contiguous 10 the frontier. The rail-
road which the Turks require to have but Serva
IA likewise Intended TO place the province in their power
tribute troops throughout the country The propOsed
ipyesttnre OF Prince Milan ia simply meant TO make his
submission to the Sultan more marked and humilating
The year 1887 s mentioned by the Turks because he
Treaty OF Paris which secured Sevyia neutrality-suspicious.
went into effect about that time. The Turks now in-
ploly seek reduce the province - s former condi
ton OF comparative serytude
TIE TURKS WITHOUT SHELTER.
Belgrade telegram TO The Daily Ne,cs says:
days The Morava Valley is now great swamp BY
systematically burning the villages the Turks have de-
exposed without cover to the storm. Import.
ant military operations impossible, aud week~f
rain will render the " LEY untenabe. The seryians
have supplies for a years campaign ut DeHgrad and
Alextnatz. The Turks are obliged to haul everything
from Nisch Their withdrawal 10 that point s expected
GERMANY TO BE NEUTRAL
The Doy Teegraphs special from Vienna asserts that
Germany will not in aid of Russias demand upon
Turkey and in the of will remain absolutely
neutral.
The Teieorapks correspondent at Paris reports that
sensation caused in that city by the publication last
evening in the newspaper La France Of the text OF an al
legged treaty signed By Prince Bismarck and Prince Cert
chakof purporting TO have been made last june aud
providing settlement Of The Eastern question In
ease Of war. The whole thing istbsurd but 1t caused
much excitement aud obtained credence in certain
circles.
AIR. GLADSTONE ON THE GOVERNMENTS POLICY.
The Times publishes letter from Mr.. Gladstone, deal
ing with the recent speeches Of Lord Derby the East
ern Question Mr.. Gladstone finds fault With the Gov
ernment merely protesting and demonstrating, and
concludes with the declaration "Ihe time has come to
say you must Europe define what is JUST and then
ACT it." The writer expresses the belief that the crcn
stances demand the early reasscmbling OF Paria-
ment.
THE TERMS OF PEACE CONDEMNED.
The London Times, In an article Turkeys basis Of
peace, says
Europe cannot permit Turkey to occupy the servian
fortresscs which she held until 1857 The European
Powers will Ee tho judges what military force
Prince Milan should maintain after hey compete saee
empty form Prince Milan doing homage 20 the sultan
In fact the only safe condition OF those proposed by
Turkey tie construction OF railway across Serva.
SPAIN TO BE WARNED NOT TO PROSECUTE.