Lexington weekly intelligencer. (Lexington, Mo.) 1871-1887, 1878-10-19

aster in Great Britain continue to thick
en-, and there are ven some fears of a
general monetary panic. Since the fail
ure of The Bank of tho City Of Glasgow
the business world has been on the 1ui
rire to see where lightning would strike
next. and on last Saturday the general
uneaslness was justified by the an
nouncement OF the failure of Messrs
Heugh, BalfouI 4 Co, of Manchester.
with liabilities estimated ut $4,000, 900
Great excitement extended to every
branch of commerce on the promulSa-
ton of this news. and the general ex-
clamation is reported to have been, ell
Heugh. Balfour & Co. have failed. who
is safe?" This firm was extensively en-
gagged in the East India and China
trade, and it is thought their failure was
occasioncd by losses in shipments to
these countries of Manchester manu-
features. No doubt the competition ol
American goods of the same classes
which have Of late even invaded Man
chester itself. has had much TO do with
the result. In addition to this failure
q feature of the London money marke,
which attracted great attention was the
trausmittal from the bank of England
TO Scotland of $4,000, 900 in gold. and
the significant shipment to the United
States of $500. 900 in gold to settle bal
ances. If anything. more interest was
manifested in the latter than in the Tor
mer transaction, as it was an indication
that United States bonds could no lon
ger be obtained to square accounts with
this country. u tact 10 be attributed to
the popularizing of the American loan.
The developments in the British tinan-
cial world during the next few days w!lI
be observed with great interest in al
parts OF the civilized world, which will be
more or less affected by any consldera.
bic disturbance there. One phase OF the
complications in England which will at
tract attention. is that it is especially I'M
fortunate that they should have occur
red upon the eve OF al almost unavolda'
bic declaration of war.
We print elsewhere Mr.. Robert Taub'
mans announcement a. an independent
candidate for county collector. Why he
desires to run is past our comprehension,
rs there is rs much probability OF hi.
being translated as there is OF his beng
elected. He IS q very clever fellow, nc
doubt, but he is q horrible radical, who
would see q democrat III hadcs before he
would vote for him il he could get a re,
publican to vote for. Beside, he has
already made a comfortable competency
out of the office, in days gone by. and
he should not ask tor it again. He cal
culates entirely too much on democratic
family quarrel which took place two
years ago, and which the republican
paper in this city is making laughablt
contortions in trying to KEEP open in hi:
interest. He should remember that
it is pretty much as Ben. Butler once
said. that democratic fights are like
cat tights-they always result IN more
democrats. Hi, opponent. Dr.. Fu!kcr
son, has been fairly nominated by the
democratic party OF Lafayette county
which made no sort OF objection TO 1t,
organized head. against his candidacy
and the party will give him 50 nearly {
solid support that il a few democrats
should vote tor Mr.. Taubman their vote
will be thrown away. THIS is no tim,
for democratic division or desertion o
nominees, and every earnest democra
should sink every minor consideration
in the one grand determination to pre-
serve the integrity OF the party agalns
all omers.