The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-05-17

The New York Herald publishes long list
OF wooden and iron American steamers-old
and new, mostly coasters which it says car
be purchased by any power going to war
The preface to the catalogue of steamers runs
as follows:
We publish to-day a list of III steamers
available for transformation into armed
cruisers, which can be bought in this country
by any one who has the money and will pay
the price, Nearly all of these vessels are
new. They vary in size from 500 to 5000 tons.
They are staunch ships, built both for service
and for speed, and are just what Is wanted by
nation that proposes to go to war and needs
ready-made navy to cut up it's enemy's
warranted to completely Alabamaize Eng
lish commerce If properly equipped and COM
manded by the right sort of men. Russia
can have them all If she planks down the
cash at once, otherwise a portion will proba-
bly, fall into the hands of England, which is
also reported to be ON the lookout for good
steamers, for sale. 1t Is reported that the
prices ss. asked for ships suddenly lhave in
are likely to be driven to other coun-
rites by this folly of owners, who are
likely to spoil their market through their
greed. This sudden demand for American
steamships If taken advantage of, might
give an impetus to our shipbuildng and
make business lively in that branch of trade.
In view of the proposed international silver
Congress-, German opinion on the subject is
OF particular interest at this time
The Borsenhatle of Hamburg, in an article
adverse to the monetary policy of the United
States, says:
We do not believe in the probability, but we
admit the possibility of an understanding
being arrived at in the congress We do not
think that those States which have the gold
sfn nFl mud
France and Switzerland will, by a gradual
elimination of silver guilders and 5-franc
peices, return to the gold standard. Then we
shall have, the gold standard in Europe,
Africa, and Australia. and the double stand
ard In America and Asia. There will be
periodical fluctuations in the relative value,
but no progressive depreciation of silver is to
be looked for.
The Neue FREE Presse, of Vienna, SAYS:
1t is unquestionably the duty of the govern
ment OF Austria and Hungary to accede to the
invitation of North America as the latter de-
clared themselves ready to attend such con- |
ference This duty is more urgent from the
previous inactivity and helplessness of our
government on the standard question. The
herman, French and English, governments
may very well refuse the invitation, as they
are perfectly agreed on the line which the |
congress is likely to follow, and have really |
nothlng to expect from it. 1t is otherwise |
with the governments of Austria and Hun
SuAss "hSh' lSi IIle lctSl TWO years, nave Deen /
completely at sea among the monetary com
plications.
The Baltimore Sun presents an instance of
a mercantile firm having suffered great loss
by reason OF the seizure of their establish
ssment by over-zealous customs officials, and
now, after three years litigation, have been
found innocent OF any intention to defraud
she government, but can find no remedy for
such an act of injustice. 1t appears that on
sshe eighth of December, 1875, the customs
officials in New York City seized the estab-
Rshment of Messrs. Wellington, Kidder Il Co.
IA charge Of defrauding the revenue
ny falling, as it was alleged, to take
Slt a license as rectifiers or to paw a
4ssx as rectifiers. All the property in the
Establishment at the time Of it's seizure was