Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1876-08-31
FOREIGN.

buNs AuSucV ia OoAAO
spondent of the Times at Belgrade
telegraphs that journal as follows /:
Within two or three days heavy
guns have been sent to Ohapriga to
strengthen the second line of de-
tense. If Alexinatz is taken |
should not place much reliance on
any defense the Servians might
make except in the way of mere
bush fighting. An examination by
Russian, English and Servian sur
geons fully confirms the statement
that a large number Of the Servians
wounded themselves in order to
avoid battle. Thispractice has been
made the subject of a Strong report
by the medical staff. 1t is stated
that the Turks have received a siege
train from Lesch, and in default of
an armistice something very defin-
lite may be expected at Alexinatz.
A dispatch from Vienna says at a
conference at Belgrade at which
Prince Milan communicated his
resolution in favor of peace to the
representative of the powers, Prince
Wrede, the Austrian representative,
asked how far Prince Milan was
authorized to represent the Prince
of Montenegro. Prince Milan an
swered that he had no direct written
power, but from communications
had with Prince Nicholas on the
subject he thought he could speak
for him also. This reply was
only calculated to bring out prom
inently the informality of Mon
tenegro's demand by proxy,
which, if not cleared up, might of
late have led to all sorts Of misun-
Outstanding. These points have,
however, been cleared up since by
Prince Nicholas asking the powers
directly to support the demand
made by Prince Milan for both.
His communication was made to
Austria and Russia, which alone
are represented in Montenegro,
with the request to communicate 1t
to other powers. 1t seems that
Prince Nicholas is as anxious to
treat as Prince Milan, for on Tues
day he again urged the subject,
expressing his apprehension that
Derwish Pasha was about to
invade Montenegro, and his anxiety
to have this prevented by the in
nuence of the powers, as after the
failure of the Seryians all further
operations would only lead to use
less bloodshed and devastation.
These considerations seem also to
have induced him to order his
commanders in Herzegovina to act
strictly on the defensive.
Specie in the Bank of England
decreased f1S5,OOO the past week.
The proportion of the bank reserve
to liability is sixty-one per cent.
The remaining three hundred
millions Of the United States
funded loan was offered to-day fol
subscription at 1881. The Financiel
says the issue will probably have
little effect on the money market
the operation being a substitution
for existing stock; but some effec.
, will be produced while deposits ar
! locked up, pending the receipt o
new bonds.
CoNsTANTINoPLE, August 81
A counsel Of ministers and grea
dignitaries of the empire have pro
: claimed Abdul Hamid Sultan, vic
Murad, deposed.
LIVERPOOL, August 31.-Th
Journal of Commerce says 9Th
crisis in the Cleveland iron trad
: has assumed a serious aspect. /
is stated that Swan, Coats & Co
ironmasters, have filed a petition
in liquidation, and that the Sack
enby Iron-works Company, Thos
Vaugn & Co., Thos. Carlton & O.
e and r. H. Charlton have decide.
n IL. 49,.