Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1878-10-21

orraionei before the Stipondisry Magistrate OF
GLASGOW and remsnded I'LL to-morEow.
LoSDoS. Oct, 2l.-The Times 10 its hnaucla!
article this morning says: ut looks extremely
nrobab|e that ca! of 500 rouods per SHARE
m the shareholders of the City Of Glasgow
Rank will be enough. For n-s 1rlty OF the
shareholders that meas atsoute rulo. Some
of them cannot pay anything, aud the copst-
oueuce will be hcavy drafts upon the residue
Who are rich. These drafts will psrilSze bust
ness. weaken credit and prove source OF nls'
cry to Scotland for years. Banking c;eci;: has
received a shock wish is ltse oCe CT the
greatest calamitcs a country could undergo
Confidence is shaken at time when the con-
dition of trade required it to be peculiarly
strong. The mischief thus done is nov ooIy
beeinnipg to te revealed. Ultimately, dou0i-
less good will result from this collapse, but
meanwhile it hangs over the cou0lrJ like
nightmare, and nobody can be sure that 1t may
not prove the signal for many fur her disasters
At the came tine notblogl5 to be more dep
recated than upreasoniDg suspicion We are
glad to 6nd that there is 10 all the banks ct
London s:ropg feeling of con6d:rc, and
readiness to help these rtQulrlCg 1t Wnlch must
90 far 10 prevent any extreme danger II tue
business public is as sensible as most OF The
London bank managers the worst that Gu q
happen may probably be avoided.
LONDON, OCT. 2l.-Of the dlrrctrr or the
City of Glasgow back now under ART, ".
Taylor is 40 ez iowa councillor, CT Giss ~,
member tftbe school ard a tEat ely aGd u
partner in large graft: d. Z trN 10 the
west of Sco,laod. Mr.. log i l. landed pfo
prietor IN the east Of Sc,.laud. L1ni1 Potter
is d. mber Of large sl'ippiDe tlrn IN Gf:'gnW.
Mr. Wright is a member Ct az Z / lrEl.u
fun 10 London aod Glasgow. Il b=It 5 stu, I'D
was the msuager Of tn" City OF glasgow Bank
when it stopped 10 1857, Mr.. Stewart Ia az
Edi1burg uaGchant. IGe atr,s'a have c'ea!td
great sensa'lo1, eu; neet VIII Inc 2enel.
approval OF the community.
LONDON, o.: 2l-5 p. The depression
on the Stock Exchange ID caused by rum0rs q
auother heavy failure at Liverpool.
PARIS. Or. 2i.-Tha ceremony OF the dis
tributon of the exhibition prz IS to1k place TO
da7 10 the Pasis dc L'lndus:rie, before >
brIiaot assemblage,in accordance with the pro
gramne heretofore announced.
President MacMahon opened the ceremony
With speech to which the Mi0i;.er of Com
MERGE responded
The latter then read the list Of awards aud
distributed the principal prizes and decorations.
LONDON, Oct. 2l.-Hoo. Frederick A
Stanley. Secretary OF State for War and Hou
VIM. Henry Smith, first LSrd of the ADM
rally, will leave Paris to morrow for Cyprus.
from which circumstance it may DO inferred
that DO moro important business is expected t.
come before the Cabinet for some time.
TIE Vienna correspondent Of tho Maoobc5'
| ter Guardian telegrapbs that negotiations ara
pending between Austria, France and Fog land
with the object ofsecuring common treatment
of all European questions az couoterpolse tc
Russia, and substitute for the kaisertuad, &c
entente between France, E0gland aud Au5tl a.
Count Vonbeust's appointment as Ambassador
to Paris is believed 10 be connected this pro
ject.