Marshall County Republican. (Plymouth, Ind.) 1856-1878, 1878-05-02
News OF the Week Condensed.

The Senate bill repeating the bank
rupt law has passed the House.
Immense floods arc reported in the
Black Hills region.
The House has passed Forts bill for
bidding the further retirement of legal
tender notes. Yeas, III nays IS.
The run on Eastern savings banks
continues, and many of them are enfor-
cling the sixty days clause.
The House last week passed the Pa
cific Railroad funding bill as it came
from the Senate. There were only two
dissenting votes.
Thirteen business houses at River
Falls, Wisconsin, were burned Friday.
This included the entire business por-
ton of the place.
The Matapan paper mills, at Hyde
Park. Mass, the oldest in New England,
have shut down, owing to dull times and
lack of orders, for the first time in one
hundred years.
Another Indian raid is reported on the
Northern frontier of Texas. Raiders have
been seen between Forts Concha and
Stockton where the mail rider was killed
last week.
The New York and Erie Railway Com
pany has ceased to exist. Since the sale
last week 1t has been reorganized as
the New York, Lake Erie & Western
Railroad Company.
The Treasury Department has decided
that Mexican silver dollars are not legal
tenders in the Uuited States, and that
persons who accept them at their nomin-
al value do so at their own risk.
On the 22d of April the Fourth Nation
al Bank Of Nashville, Tenn, announced
that it had resumed specie payment, but
nota single note has been presented for
redemption in gold.
The House Committee on Education
and Labor have agreed to report favora-
bly, the resolutions authorizing a confer
ence between the United States, Great
Britain and China, on the question of
Chinese emigration.
The gas main leading into the Detroit
Free Press building exploded Monday
morning, and the whole edifice burst into
flames. The twelve presses i'm the build
ing were more or less damaged, and $40,-
600 worth of job type and material en-
tirely destroyed. The entire loss to the
company is estimated at $4,000. In
surance $4,000.
The Veteran Club of Chicago composed
of Union pensioners have memorialized
Congress against the passage of the pend
ing bill for the transfer of all pension
agencies to the bureau at Washington
They think that the new plan will be just
as expensive as the old. and will cause
great delay in the payment of pensions
Large deposits of phosphate of lime
have been discovered near Wakeeney
32l miles west of Kansas city. Similar
material is found in Georgia and some o
the southern states, and is shipped nortl
and to Europe; IL is used as fertilizinl
matter. 1t is most important discovery
and will prove OF great value to Kansas
James Baynes, cashier of the FIRST Ma
t.onal Bank of Salem, Indiana. disappear
ed mysteriously last Thursday, but let
ter which he left. and an examination O
the bank accounts, show that he is de
faulter to the amount of twenty thousan,
dollars. All of this was lost in stool
speculations on Wall street with ii
Clews, & Co.
The Mrs. Rutherford B. Hayes tenn
perance society, last Friday night droppet
the name of the organization, on tn
ground that though Mrs. Hayes discoun
tenanced wine at the Duke Alexis an,
other dinners at the executive mansion
she countenanced the use of claret puncl
at dinner on the excursion of the steame
on Delaware bay, during the recent presi
dental trip.
Matt. Weaver, retiring cashier OF tn
Citizens National Bank, of Urbana, o., il
reported to be defaulter to the amount o
$4,000 He had been dabbling in Chi
cago wheat margins. His property to tn,
amount of $4,000 to $25,OO0, and hi
wife,s personal effects have been turne,
over to the bank, which will suffer n,
impairment of credit, its stakeholder
being wealthy.
The Republican Congressional Com
mittee have determined to make an ener
getic campaign in the Southern States
Special attention will be devoted to thos
districts in which colored voters FREEDOM
mate. 1t is proposed to test the sincerit
of the Southern Democrats by attemptin
: to conduct the campaign with the sam
, freedom that they are conducted in tn
North. There are at least lively
districts now represented by Democrat
, that are Republican if vote without in
timidation can be had.
The amount Of United States notes r.
, tired the present month in consequence c
the issue of national bank notes will
about $4,000. The Secretary of tn
!: Treasury orders that this amount b
replaced with silver dollars, to be pal
out in the course of business. The SUI
will be distributed among the variou
sub-treasuries and public repositories, S
that to this extent silver dollars will b
I paid out for currency obligations. Thi
payment of silver dollars will not intel
> fere with procuring silver dollars in ex
change at par for gold coin at any tim,
Notice.
The Marshall County Teachers