Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1878-10-22
FOREIGN NEWS.
The Glasgow Bank.

GLASGOW. October 81. The directors of the
Glasgow Bank arrived Saturday, and were ar
raigned before the stipendary magistrate of .Glas.
gov, and remanded.
LONDON, October q. OF the directors Of the
Glasgow bank now under arrest, W. Taylor is ex-
town councillor of Glasgow, member of the school
board, and partner in large grain dealing irm in
West Scotland; lnglis is q landed proprietor in
East Scotland; Louis Potter is member of q
large shipping firm in India; Mr.. Wright is a
member of the East Indian, in London and Glas
gov Robert SalmoDd was manager Of the Glas-
gov bank when it stopped in 1870; Mr. Stewart
is an Ednburg merchant. The arrest creates
great sensation, but meets with the general ap-
prevail OF the community.
Stocks.
The depression on stock exchange is reported
to be caused by rumors Of smother heavy failure
at Liverpool.
A later despatch says stockmarkets are steadier
upon the contradiction of rumors shoat regarding
the suspension Of Liverpool firms.
ROumania.
The Times correspondent at Bucharest tele-
graphs the following: "Dr. Smith. the American
Consul at Galstz, himself told me that he was the
bearer of letter from President Hayes, recognize
ing the independence of Roumsnia, and that he
had presented the same to Prince Charles
Germany.
BERLIN, October 81. The federal council has
given assent to the socialist bill and the early pro-
mulgat Of the bill as law is expected.
Personal.
Hon. Frederick A. Stanley, secretary of State,
and Hon. WIN. Henry Smith. first Lord of the ad-
miralty, will leave Paris Tomorrow for Cyprus,
from which circumstance it may be inferred no
more important business is expected to come be-
fore the Cabinet for some time
Failures.
Lecour & Watson, shipping agents of Glasgow
and Leith, have failed; liabilities large.
Alexander Bell & Sons. merchants in Spanish
trade, have failed. Their liabilities are not vet
ascertained.
Jas. Morton & Co. and other firms largely in
debted to Glasgow bank, placed their books in
the hands Of accountants.
Arrested.
MADRID. October 81. Senior Margall has been
| arrested and sent to Seville, charged with com
plicty 10 the recent republican Conspiracy.
DENIAL.
CoNsTANTINoPLE, October q. The whole sto
~ OF an Afghan Envoy to the Porte, is untrue.
France.
PARIS. October 81. The ceremonies of distn
button OF exhibition prizes took place to-day, il
Pass De lie Industries, IN the presence of al
immense audience. At 100 Marshal Mac Mahon
President of the Republic, opened the ceremony
OF distribution. lie said that the result OF the ex
position showed what seven years of self.concen
tfatlon, devoted to labor, have effected in reev
| ing past disasters. The recollection of those mis-
| fortunes he said will teach US to develop ant
maintain spirit of concord, absolute respect fol
| our laws and institutions, and an ardent dIsater
| ested love of country.
| The boulevsrds are crowded tonight and al
the inclpsl streets are brilliantly Illuminated.
| Robbery.
| GENOA October 81. Two and half million
| francs forwarded to Ancons by the National bsnl
| were stolen enroute. Three employees of tn,
| bank were arrested for the theft.
| Aid for the Sufferers.
| PARIS. October 81. The Count de Paris ha
sent VI 900 france to the yellow fever funds.
RumOr.
| ROME, October 81 1t is rumored that Premie
] CARROLL will himself take the ministry of foreig
affairs, made vacant by the resignation OF Coun
| Cort.
IIundatiOn.
| ALEXANDRIA, Egypt, October 81. The inun
| datioD which carried away the dyke on the Dam
eta branch OF the Nile, immersed so 900 acres c
| land, on whoa were fifteen villages.
| Personal.
| LONDON, October 81. A Berlin despatch say
that the sudden journey Of Count Schouvsloff =
Lvadia is considered Of the highest moment.
is believed be persists in his determination to re
tire If Gortscha6 remains 10 office.