Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1878-01-11
THE EAST.

John Bonner IL Co., New York bankers
failed on the 8st ult. Liabilities heavy and as,
sets nothing. Bonner has fed to Canada.
The firm loaned money on securities and then
rehypothecated the securities for larger
sum.
The New York Legislature organized on the
1st by the election of w. r. Robinson REP
asPresident pro tenn. of the Senate and j. w.
Hustled (Rep) Speaker of the House The
Governors message was read 1t shows the
State debt to be Ss,7O7,633; actual reduction
of the debt duriHg the year by cancellation.
s12,35S, ,S43. The receipts for canal tolls $3.50.
900 were less than has been known for forty
five years. The Governor urges the Legisla-
ture to take strict account of life-insurance
companies and savings banks and hold them
to exact accountability. He favors the re-
sumption Of specie payments Jan. l, 1879.
The Pennsylvania Legislature met in ad-
journed session on the lst. Thomas V. Cooper
was chosen Speaker pro tenn. of the Senate
The officers Of both houses are the same as
last year, with but few exceptions.
The Maine Legislature met on the ID War
ren II. Vinton was elected President of the
Senate and Henry Lord Speaker of the House.
The total amount of rehypothecations by
Bonner ~ Co., Of New York, is equivalent to
81, ,s54,0OO.
j. 5. Lambert, eX-President of the Ameri-
can Popular Life Insurance Company, of New
York, convicted of swearing to false reports,
was on the 2d sentenced to five years impris-
onment at hard labor.
Gov Hartranft sent his message to the
Pennsylvania Legislature on the ID. The af-
fairs of the State are shown to be i'm a reason
ably satisfactory condition. The Governor
recommends the creation of the office of Bank
Examiner and Commissioner. A great DOR
tion of the message is devoted to a narrative
of the events of the July riots and sugges-
tions regarding the prevention of similar
troubles.
The Boston Board of Trade has adopted
memorial protesting against the passage of
the Silver bill.
The Maryland Legislature met on the 3D.
There were eighty-nine failures and eleven
assignments reported in New York city last
month, the aggregate liabilities being nearly
SSO0O,0OO
On the 81 the Grand Jury at Hartford,
Conn, indicted Y former President, the late
President, the Vice-President and Treasurer,
the Secretary and the Financial Manager of
the Charter Oak Life Insurance Company for
conspiracy and fraud.
Two more bodies were found in the ruins of
The Barclay-street New York; fire on the 3D..
Thomas Lord, one of the wealthiest retired
merchants In New York, aged eighty-four,
married Mrs. W. w. Hicks, aged forty-three,
a few days ago, and commission in lunaey
has been appointed in the case at the instance
Of his three sons
GOV Conner was re-inaugurated Governor
of Maine on the 3d. In his inaugural he dep
recated the passage of the Silver bin.
Gov. Rice, of Massachusetts,, in his message,
which was read to the Legislature on the Sd,
recommended amendments of the Constitu-
ttoh' 70 Prolong the tenure of executive
and legislative officers and biennial sessions
ofthe Legislature; advocated pacific policy
on the part of the National Government to-
ward the South, and said Massachusetts, was
in full accord with the purpose of the Presi-
dent to render practical civil-service reform.
The Maryland Legislature organized on
the 3D.. In his message the Governor, refer
ring TO the railroad strikes, said the only
remedy for unemployed labor was revival of
business and the encouragement of political
system which will bring 1t about. The Presi-
dents Southern policy has been of character,
perity, and like wisdom on the financial cues
tion would bringlforth capital, renew indus
try and revive the dormant business of the
country.
Capt Bogardus accomplished, at New York,
on the 3d. the fC7t of breaking 5000 glass
balls in 4Sl consecf minutes.
The National Association for the Prevention
OF Adulteration of Butter, l. d. Hunter, Pres
ident, has been organized by the butter mer-
chants Of New YORK,
The New York A dermen have resolved that
the city would gain by the release OF w. NJ.
Tweed after scouting what property he pos
sesses and taking Il 3asures TO secure his testi-
mohy iDany subse rnt suits.
On the 9th ano = body, charred beyond
recognition, was taken from the Barclay-street
New York; ruins.
The Iilden income-tax case was adjourned
again on the 9Th until the 18th.
A Jersey City On. j. Justice ON the 5th
sent two women to the Penitentiary, at their
own request, TO keep them from starving.
The Thompsonville Gem Savings Bank is
unsound