The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1876-01-05
FOREIGN NEWS.
ENGLAND.
The Effect on Russia Of American
Grain Exports.

The Effect on Russia Of American
Grain Exports.
LONDON, January 4.-The Tines, in ia
financial article, has the following: 1t
seems from recent articles in the Moscow
Gdseae that great stagnation prevails in
the grain trade in Southern Russia. Rus.
sian agriculture and commerce are threat.
ened with collapse. Chief among the
causes is the keen competition OF Amer
lea. Since the civil war in that country,
the British imports OF American wheat
have increased until they stand now where
Russian importation stood in 1867. Then
Russia sent out "A per cent. Of her total
product and the United States only IA
per cent. In 1873 the United States sent
out "A per cent. and Russia only 81. This
does not represent a decrease to that ex-
tent OF Ru.sia's total exports. On the
contrary, they have slightly increased;
but Americas exports have increased
much faster. The causes are. declared
chiefly 10 be Americas superior trans.
it advantages, her virgin soil and
her more scientific agriculture. The
Ga=ette therefore urges Russian agricul.
turists to incorporate new lands, use bet.
ter appliances and, more skill, but says
that cheaper inland transportation is the
chief need. The Garetts'S Odessa CORES:
pondent writes that the Oldest inhabi-
tants declare that Odessa was never at
such stand.still-no transactions effect.
ed, and BANKRUPTCY follows bankrupcy.
The Gd=stte says that this condition Of af-
fairs is largely influenced by the misplac-
ed activity OF private banking houses,
which made credit absurdly easy and
cheap, which occasioned storm Of fever.
ish speculation, and they are now forced
to eurtail credits, and have reduced to
most awkward position many who
thought such state Of things would last
forever.
LORD LYTToN APPOINTED vICERoY OF, IN
DIA.
LONDON, January 4.-Lord Lytton, ills
said, will succeed Lord NorthbrOok as
Viceroy Of India.
The India Office confirms the appoint.
ment OF Lord Lytton as Viceroy OF
India in the place Of Lord Northbrook.
Lord Northbrook retires because he does
not feel able to sustain the heavy labors
Of the Office during another summer. He
will be created an Earl.
A Liverpool company is negotiating
with the Marquis Of Butte for the re.es.
tablishment OF the steamship line between
Cardiff and New York.
Sir Anthony Rothschild died to-day.
MEETING OF ERIE BoNDHoLDERs.
An adjourned meeting Of Erie Rail-
road bondholders took place to-day to
consider the proposition recently made by
the Watkin Committee.
Sir Edward Watkin moved Chat the
scheme Of the Committee be adopted in
principles, subject to such modification
Of details as the Committee may think
necessary or expedient, after consul,a.
ton with President Jewett and the Amer
ican bondholders and stockholders.
A resolution that committee be ap-
pointed and empowered TO execute the
the scheme and that Gov. Tilden OF New
York be invited to act rs referee and de-
eide all questions that might arise in its
completion and execution, was adopted
unanimously.
A MINISTERIAL CRISIS.
A special says that ministerial crisis
is impending at Pcsth. Negotiations were
opened yesterday for a renewal for 10
years OF the compromise Of 1867. The
Hungarians wish 10 establish national
bank with power TO issue notes. The
Austrian Ministers oppose this, and
threaten to resign. The Emperor pre-
sides at the councils.
Andrassy's note on the project for
the paciication OF the Turkish insurgents
has received the approval Of Russia and
Germany, and has been sent to London,
Paris and Rome.
There is talk OF the celebrated race
horse Gallopin and the American racer
Preakness coming together for the Alex
ander plate in May.
The Pail Mall Gd:e.te is informed that
the Khedive Of Egypt has accepted the
resignation OF Ubar Pasha, his Minister
Of Foreign Affairs.
A special from Vienna says that news
has been received there that conspiracy
has been discovered in Belgrade to make
Karageorgewitch recognize the Prince Of
Seryia. Several arrests have been made.
A Viena dispatch says the reason for
the coronation OF the Arch Duke Ru-
dolph as King Of Hungary is that the
Hungarian government has resolved 10
make great demonstration Of the 10y
atty, by which it hopes to gain the sup
port Of the Imperial Court in the i'm.
pending negotiations with Austria
relative to the revision Of the relation
between the two halves Of the Empire.
The feeling in Vienna is very bitter.
All the journals declare that complete
separation of Austria and Hungary is
preferable 10 compliance with Hun
gary's demand for the forced circulation
Of Hungarian bank notes in Austria and
the bankruptcy which would ensue. The
trouble may lead to the resignation Of
the entire Cislei,han Cabinet, Of which
Prince AurSpery is President.
THE CUBAN QUESTION IN GERMANY.
LONDON, January "a dispatch from
Berlin says the German government is
reported to be favorable 10 the PROPOSE.
ton contained in the American circular
in relation to Cuba, German commerce
being seriously prejudiced by the Cuban
disorders. The German merchants set.
tied in Havada recently presented me.
mortal to the Reichstag asking for re-
dress through the Intervention Of Ger.
many. 1t is reported that the Spanish
minister at Berlin has notified the Ger.
man government Of the dispatch Of Spain
in reply TO the American proposals and
Of its contents.
COUNT ANDEAssY'sE NOTE.
A Paris despatch to the Times says it is
stated that the French government has
expressed desire TO act In accord with
England's feelings on the subject Of Count
Andrassys note proposing Turkish re.
forms. The correspondent adds: ~ do
not think, notwithstanding the moderate
tone OF the note, that adhesion to Aus.
tria's proposition should be looked for. |
am assured that the note is about 10 give
rise to prolonged exchanges Of communi.
cations between the Great PowerS."