Daily Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1876-1884, 1878-05-24
BostOIs Wool Market

| NssA' PSNpiS'
BostOn wool Marhes
Boston, May 23.-The wool mar
ket is in tn esame quiet state as last
week. The demand from manufac-
turers Is confined to immediate
wants aud holders are unable to OBJ.
tain any advance. Round lots of
fleeces cannot be sold except at low
prices. The new crop Of California
moves slowly and manufacturers
are very Indifferent about supplies.
On all old wool now on hand hold
ers have to submit to great shrink.
age In prices and even at present
low prices, it is difficult for manu-
facturers TO obtain the cost of goods:
California sells slowly at 15@2Sc
for Fall and Spring; pulled woods,
2S@422; for super and X mostly So
| @40.
rroubic in tns Indinn Depnrtinsat.
WASHINGTON, May 23.-The In
dian Bureau is greatly exercised
about the charges of fraud In
awarding contracts. News is also
received of very bad state of
affairs among the Ute Ind ANS in
Colorado and New Mexico on ac-
count of ill treatment by the Blu.
reau, and threatening TO result in q
general Indian war.
rerastm Accomptl-hes HIS Feat.
NEW YORK, May 23.-Peralta
completed his 305 miles in IA hours,
81 minutes, having 20 minutes to
spare. The quickest mile was
ridden in 2 minutes 10 seconds;
quickest ten miles in % minutes II
seconds.
Not Intendeh to Ouss Hayes.
NEW YORK, May 23.-The 2ri-
Dunes Pittsburg correspondent in
terviewed Speaker Randall about
the Potter Investigation. Randall
said positively that the investiga-
ton was not intended to put
Hayes out and Tilden in
the Presidential chair, but
simply to perpetuatc all the testi-
mony in the records Of Congress.
He incidentally remarked that
Grant would be the next Repubii-
can candidate for the Presidency.
Platform Of tae i.e"nsy,ysn,n De-
mocracy.
PITTsBURa, May 23.-The fol-
lowing is the platform adopted by
the Democratic conventions:
The Democracy of Pennsylvania
unanimously declare that the
Republican party, its measures
and its men are responsible
for the financial distress, misery
and want that now exists. Its
system of finance has been one of
favors to moneyed monopoly, of
unequal taxation, of exemption of
classes, of high rates of interest
and of remorseless contraction,
which has destroyed every enter
prise that gave employment to
labor. AS its present hold upon
Federal power was secured by
fraud, perjury and forgery, its
laws are unjust and its practices are
immoral. They distress the people
and destroy their substance. The
only remedy for these evils is in an
entire change of policy. We re-
solve that further contraction of
the volume OF United States legal
tender notes is unwise and unneces-
sary. With gold and silver and
United States legal tender
notes at par Herewith we have
just basis for circulation.
"A close connection Of the Federal
Government with the business
interest of the people through the
National Bank tends to monopoly
and Capitalization. In change of
the present system, uniformity of
notes, security of the notes to the
holder and protection of the capital
invested should be provided for.
Treasury notes issued in exchange
for bonds bearing low rate Of in
terest furnish the best form in
which the credit of the Gov
eminent can be given in paper
currency. Public lands should
not be sold to spectators nor
granted to railroad or other corpo-
rations, but should be reserved as
honest leads for actual settlers. Our
public debt should be held at home
and the bonds representing 1t ought
to be of small denominations in
which the savings of the masses
may be safely invested. Thorough
investigation into the Electoral
fraudsof 1876 should be made. Fraud
should be exposed, truth vindicat-
ed and criminals punished,
but we oppose any attack upon the
Presidential title as dangerous to
our institutions and fruitless in its
result. The Republican party Gre
ates new offices and adds enormous
perquisites to Others, and fills
them with favorites whose chief
duty is to manage its
political machinery. Its admins
tration of the State Government
grows more expensive each year.
Legislation has been directed by
Republican lobbyists, who in turn
manipulate and control the nom.
nations of the Republican party,
and its candidates are creations of
q junta, whose desires are accepted
as the irreverslble mandates of
absolute hereditary power. We
e!enounce these methods, these
measures and these men as I'M
worthy the support of an honest
and free people, and we invite all
of every shade of political opinion
to unite with us in the delivering
of the Commonwealth from their
hateful rule
The Bennett Polar ship.
LONDON, May 22.-The Bennett
Polar ship will soon sail for Havre.
where temporary crew will be
shipped, when she will leave for
Sau Francisco. Bennett hopes the
expedition will sail for the North
by June, 1879. 1t will GO by the
route through Behring Straits.
War News.
LONDON, May pa st. Peters
burg correspondent says: eve are
still far from the certainty Of peace,
though the general conviction and
sentiment in favor thereof Is pow
erful. Military preparations are