Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1877-06-23
EUROPE.
Austria.

LONDON, June q. The Times Vienna cores
pondent explains the origin of rumors relative 10
the mobilization of the Austrian troops which al
most caused panic in Vienna yesterday. Every
year since The commencement Of the trouble on
the Dalmstan and Croalian frontier, which COW
ers hve hundred miles, it has been occupied by
Tour divisions, who, on peace footing, number
"a, 900 men. All that has been done was to con-
suit with Rodich abd Molenari about eventually
placing these four divisions of two army corps on
war footing.
The time for doing this, however, was not fixed
being made dependent on the turn OF events,
such as the renewal of the Turco-Servian war,
and spread through the neighborhood of the Aus
tlan frontier. In view of such contingencies prep
aratory measures for putting the four divisions on
war footing have been taken. All rumors are
reducible to this.
Financial.
The stock exchange is doll and downward un-
der political rumors.
England.
The sum asked for in parliament last night was
5,OOO,OOO pounds for an Indian loan, which proba-
oily Is the basis Of rumors Of the purchase of the
suezeraiDty of Egypt.
Gen. Grant.
A London correspondent of the Scotchman
understands that ex- President Grant received q
communication from Queen Victoria, and he will
be received by Her Majesty shortly.
Explosion.
The Daily News says that a dreadful explosion
occurred on Tuesday on board steamship Pales-
tine, Captain Irving, which arrived at Liverpool
last night, from Boston. One fireman was killed
and two others are IN precarious condition.
Russia.
ST. PETERSBURG, June %. A ukase is publish
ed to-day, authorizing the minister of finance to
issue hive per cent. loan of 200 900 600 rouhles,
to be called the Oriental loan OF 1877. The loan
will be paid in forty-nine years. A special sink
IN. iund for that pursose is 10 be created.
India.
OF the S25, 900 900 which the secretary for In
dia is authorized to raise for the Indian deficit,
Sl2 800, 900 will be added to the Indian funded
debt. Lord Salisbury is empowered to raise the
other Sl2, 800 900 on treasury bills.
Loru Hamilton under secretary for India, stat
ed in the house of commons last night, that the
government accepted this latter power on the dis
tinct understanding that it only be used when
they could not possibly sell their bills, by that
means they would on the one hand be able to
keep the silver steady and on the other hand they
would not add to the permanent Indian debt in
this country. lie pointed out that the bills sold
here by the Indian government, for all practicable
aurposes might be regarded as silver.
The Indian government were is this unfortunate
position--if they forced their silver upon tie
market when there was no demand fur IL, they re-
duced the price of silver and gave rise to the
which were most ruinous to the East
err trade, and if they borrowed money in this
country they only put off the evil day. 1t has
been, therefore. suggested that shey should issue
treasury bills, reversible from time to time.
France.
PARIS, June %. The difficulty between Lean
Renault and Baron DeSaint Paul has been ar
ranged and q duel sverted.