Daily Los Angeles herald., 1878-02-24
European Gable News.
Turkey Ktcks Agalnst tho Con.
digtOno,

Turkey KtcAs Against tho Con.
disiOns.
LONDON, Feb. 22d.-The Porte
hesitates to comply with the Rus
sian peace conditions and constant
Cabinet meetings fail to reach a So
luton. Russia threatens to occupy
Constantinople at once IL the terms
are not signed Immediately. They
include the cession of Armenia and
the surrender of the Turkish fleet.
silver Rising ia London.
LONDON, Feb. 23i.-The Econo-
mist says the rate of discount in
open market has been firm at Ii
per cent. The rise in the price of
silver is due to the passage of the
Bland silver bill, the speculative
absorption of India Council paper,
and the purchases by Russia from
Germany for coinage, and to the
very sharp fluctuations during the
week. Thursday the fall of prices
was almost universal. Statements
were circulated that Russia was
massing large bodies of troops in
Roumania and buying silver from
Germany to heavy amounts; that
our government was hurrying pre-
parations, and that Lord Derby
would make an unfavorable state
ment in the House of Lords this
evening. This Lord Derby did not
do. Consequently, there has been
a fairly good revival OF confidence,
and the result of the week has beer
q moderate improvement in most
securities. The effect of the passage
Of the silver bill through the United
States Senate by a more than two
thirds majority was not at once APP
parent in American bonds. Prices
at first showed tendency to ad-
vance, probably in sympathy with
the general tone of the markets,
but there has since been some gen.
uine selling, which has caused q
relapse.
The lockout of 1000 weav ers at
Oldham, if not quickly terminated,
is likely to cause the disemploy-
ment of 10000 operatives in other
branches of trade.
Proposed Peace DeMOMstrRtiOn-
Eastern News.
LONDON, Feb. 23d. - Aubern
Herbert, OF the Liberals, will pre-
side at the peace demonstration to-
morrow. Bradlaugh will move the
resolutions. The anti-Russian pa
pers announce that q loyal and
patriotic demonstration will be
held at Marble Arch to vote down
the peace resolutions, and protest
against any attempt to embarras
the Government during the pres
ent crisis and against the Russian
occupation of Constantinople.
A Times st. Petersburg s2Lcial
says the conference is not likely to
meet until the Adrianople negotia-
tions are concluded. Russia does
not wish renewal of hostilities,
which would inevitably result in
the destruction of the Ottoman
Empire, but her position ought not
to be construed as weakness or o
desire to retract. L have reason to
believe that the cordially between
the Courts of st. Petersburg and
Berlin has not increased much
lately. The official journals are
very reserved in commenting on
late speech in the
A Paris correspondent says that
to q telegram from Buch.
Arrest, the first Russian detachments
are arriving in Roumania, several
of them without arms. 1t is be-
lieved they are also destined TO
form military colonies in Bull
garia.
The Times editorially says that it
the situation very unsat-
isfactory. Europe is armed to the
Teeth and is increasing its arma-
ments day by day. In such cir
the country can but
give confidence to the government
and we trust they will he able to
control the dangerous susceptible
ties which have OIL all sides been
aroused.