Daily Los Angeles herald., 1878-12-10

sued Brown stabbed Gallagher,
killing him instantly, and then fled
and has not since been heard from.
rhe Mccullough n Bnnquet-ssrange
FraserDising.
WASHINGTON, Dec. 9.-The dln-
ner last night to John Mccullough
was marked affair. Report says
there was some remarkable
fraternizing between political
chiftains of opposing parties.
About fifty guests were present,
among them Secretary Sherman
and General Sherman. The latter
presiding and making a prelimina-
ry address said they had come
there 10 unlimber their guns
and fire away without re-
ssraint and objected to the
newspaper reporters present
taking notes of speeches. 1t is
said that Blaine ard several Con-
gressmen were very cordial In mu.
tual expressions of respect. Blaine
Is reported to have clasped Black
burns hand across the table amid
vociferous cheering. The festivi-
ties were protracted until near day
break.
The Case of the Trade D"Iisr.
New YORK, Dec. 9.-Apprehen-
sions have been expressed that the
passage of o law making trade dol
lars a legal tender would recall
some thirty millions from China
and, in this way, greatly increase
the value of currency. This Is
stated by merchants here to be a
mistake, as 1t is the practice of
Chinese bankers on receiving any
foreign coin and ascertaining
its value to put their mark or
"chopn on 1t. A coin so defaced
would not, under any coinage laws,
be receivable as bullion. A cable
dispatch from Hong Kong says
there are only 100000 of un-
chopped trade dollars there, and
the opinion is expressed that out Of
twenty-eight or thirty millions of
trade dollars exported to China In
the Last five years, all but one or
two million have been chopped
and therefore, under any change of
laws, cannot enter into our cur
rency.
An Oid China House Goes Uad,T.
NEW YORK. Dec. 9 -Olyphant &
Co., an old established China
house, have made an assignment.
The collapsed Enxiish Bank.
LONDON, Dec. 9.-The West of
England and South Wales District
Bank had fOrty-two branches. Its
liabilities are SIT, 500, 900; its assets
are stated at the same amount, but,
as they consist of local bills which
are not negotiable in London, the
Bank of England has refused to ad,
vance upon them. The run upon
the bank for the last few days has
been SO persistent that the cash on
hand is estimated at 81, ,250, 600.
The shareholders number 1900,
and their liability is unlimited.
The Afgha" War.
LONDON, Dec. "a special from
Hull says the British killed at
Peiwar are now estimated at twen-
ty. The vast supplies which the
Afghans had accumulated for the
winter In villages around Peiwar
greatly relieve the Com missaraiat.
A correspondent at Lahore states
on the authority OF high official,
that the last letter OF the Ameer is
as unfriendly as his former one.
LONDON, Dec. GA correspond
ent at Lahore says the Viceyoy tel
egraphed the summary of the
Ameer's letter to London on the
4th Of December, and the Govern
ment was consequently aware
thereof when 1t opened Parliam ment.
As the letter expresses no willing
ness to comply with the Viceroy's
specific demands, operations will
proceed, If possible, more actively,
in consequence of the Ameer's irres.
Olution, SO as to acquire as much
territory as possible before he sub.
mits. The continuation of General
Browns advance on Jellabad is
certain. 1t is reported that the
Ameer has fled because of revolu-
tion In Cabul.
LONDON, Dec. 9.-General Bid
dulphs telegraphs that he has
found an open road to Condahar.
A big Rmssiau Claim.
PHILLIPPOPoLIs, Dec. 9.-The
Russians have claimed from the
International Commission twenty
three million francs for the ex-
penses of occupation.