The New York herald., 1877-01-19
Defiant Attitude OF tho Turks-Stranse
Action Of the Christians.
HOW WAR RUMoRS AFFECT ENGLISH TRADE
Troubles in Spain-The Basques Ex-
cited Over the Fueros.
lBY CABLE TO THE HERALD

unanimously decided to reject them Warned BY
European demands and Of tho mpossibity OF raising
ands to meet the expenses OF the Council voted
the rejection amid cries Of Death before dishonor,'
and thus destroyed the chance Of peaceful settlc-
ment of the difficulty.
STRANGE ACTION OF THE CHRISTIANS
The most unaccountabe part Of tho whole anair 10
the reported action OF the Christians present at tho
Council whother not their action was dictated
by fear Of by the nfurated Turkish popu.
lace on the outbreak OF war remains yet to DO seen;
bu, few who know Turkey can believe that the Greek
and Armenian patriarchs expressed the real senti.
ments of the Christian population whom they voted for
the rejection Of tho proposals Of the Conference
rnx GRAND COUNCIL REJECTS THE PROPOSALS
A despatch from Constantnopc announces that the
grand council yesterday. after animated debate.
unanimously rejected tho last proposals OF the
European Powers as contrary to the dignity, integrity
and independence OF tho Empire. Several speeches
were mado, but pcrfcc. agreement prevailed.
DECIDED ACTION.
in tho grand council After the proposals Of the
European Powers had been unanimously rejected
M,dhat Pacha asked whether tho Porte might not
nevertheless enter upon negotiations with the Powers
respecting tho rejected points The council answered
no. and declared that tho Turkish counter proposals
were the only subject upon which tho discussions OF
tho Conference could be further carried on.
Avn
third despatch gives the following account Of the
proceedings OF the grand council Tho first three
hours OF the sitting occupied by the reading OF
abatement OF tho events which have occurred since
the outbreak Of the insurrection in Herzegovina.
Midhat Pncha then madc long speech, In the course
OF which he gave account OF the Turkish counter
proposals and the concessions which the Porte,
in spirit Of conciliation, had made upon
points where tho constitution would not thereby
be infringed Hs dwet the gravity Of
the situation He spoke OF the departure OF the Plcn.
potcntarics, tho possibility OF war, the horrors at
tending it, the injury II would do to the internal affairs
OF the country, impossibity Of procuring funds
for war and the that Turkey could not rely upon
any alliance.
UNANIMOUS DECISION.
sevcrnl speeches followed, tho most noteworthy be-
ing made bv the Greek and Armenian Patrarchs. All
the speakers rcpcllcd tho idea OF accepting the Euro
pcan proposals. Midhat Pacha again pointed out tho
gravity of the crisis and the distress which would ro-
suit from a war; Tho council, alter hearing all the
speakers unanimously rejected the proposals amid
shouts of death before dishonor."
rnK FRENCH RErRKsEsrArivx ABOUT TO LEAvx.
Tho French man -oi-war Chateau Remand will arrive
on Friday TO take on board Count Chandordy, tho
Plcnipotentiary of Franco.
TURKISH rArxR MONEY.
A Constantinopc despatch says-lt is understood
that ooo 900 or Turkish pounds paper money
will be issued
RorMASM REMAIN SrCrRAL.
Vienna correspondent tecgraphs that advccs have
been received from Bucharest thai tho Roumaniau
government has resolved to declare that It will
neutral in the evcnt OF war between Russia and
Turkey
AN IMPROBABLE RrMoL
A Telegram from Berlin says that Prince Gortscba-
kor has ISSUED circular the Russian representa-
tvcs abroad expressing his belief that Turkey will
cct the Con proposals and declaring Russia
cannot unuertakc n warlikc policy because Europe
would not support her and might form coalition
against her.
now THE WAR aUMoRs AFPEcr TRADE
The Times in its financial article says:-Prlvate ad
vices from Russia continue to afford strong evidence
of the injury already done the mercantile community
by the apprchensons Of war. Ono firm o cotton spin
ncrs nanuS, iost so neaviy s'ncs
Russia assumed a wariike attitude that the establish.
ment would have boon compelled to close had not tho
firm obtained assistance, II is said fDm the govern
ment, which was unwilling to suffer such catastrophe
TO involve so large number OF employees"
GERMAN ELEcTioS.
| telegram from Frankfort says that Herr aoltho.
the candidate OF tho national liberals, was yesterday
elected TO the Rcichstag by 5000 majority.
TROUBLES THE COTTON TRADE.
At meeting OF the Masters and Operatives CON.
mttccs Of the Lancashire Cotton Trade yesterday, tie
masters unconditionaily rejected all tho opcratvs'
conditions because they would result In general al.
vance OF wages meeting Of tho operatives will b,
held. A rupture expected.
I'll. FusRos QUESTION IN SPAIN.
A despatch from Bilbao says that the Governor has
forbidden tho Biscayan journals from discussing the
question OF tho iucros under pain OF suspension IL
Is probable that tho municipality OF this city will ro.
sign In body
| STRONG rxELiyG BASQUE PROVINCES
Madrid despatch reports a dccp sen sation through
out Basque provinces In consequence OF the pro.
mitigation of orders appointing tho LIST Of March M
the for the beginning OF military conscrpon in
each Basque province. General eucsada remains at
vntoria Tho occupying army of 80 900 men will
support the civil authorities Perfect tranquility pte
walls up TO the present hour
THE EUROPEAN RANKS
The bullion In the Bank OF England has dccrcasNA
f643, 900 during the past week. The specie in the
Bank OF France has increased 26 francs dur,ru
the past week The weekly statement OF the ImpcrtsI
Bank Of Germany shows an increase in Specie Of
IS, 900 marks.
THE PRICE OF SILVER
Silver was quoted yesterday al 5sd per ounce