The New York herald., 1878-09-12

articie IN the Times OF yesterday IL Woulu appear
tnat the cotton trade Is IN a really desperate con-
dition. The Times says:-"There is not single
encouraging feature in the cotton trade OF North
Lancashire The condition OF the markets Is worse
than ever and the outlook most gloomy. Goods
are not only being piled up in the Man
chester warehouses, but are fast accumulat-
ing IN the mil storerooms The small
manufacturers with limited means are obliged to
sell at almost any sacrifice, and before the crisis is
passed there is no doubt many OF these firms viii
succumb.n The gentlemen who in 1861, proclaim
ing cotton king declared with loud huzzas 'rhe
bubble OF repubcanism in America has burst"
must take that the democratic mills at Lowell,
Lawrence and Fail River do not destroy them.
Their "king" may prove to them King StorK.
REPORTED THREArENiNG RUSSIAN ACTION.
The Times Constantinople correspondents hears
from q trustworthy source that the Russians NJ
Kustendje the Black Sea again
arming the batteries which they dismGntled a
month ago, and that the orders for the departure
OF Russian troops have been cOuntermanded.
TIE ALBANIAN DEsPERADOEs.
There Is little absolutely new from the East.
Further details OF the circumstances attending
the massacre in cold blood OF Mehemet Ali in
ALBANIA continue to reach London by way OF Con.
stantinople. 1t appears now that at Gusinie,
PLAYA and Koasn even before the arrival OF
Mehemet Ali complete anarchy had gained
the upper hand and upon his arrival in
Yakova he . found the greatest excitement pre-.
vaing among the inhabitants He was violently
upbraided with having come to Albania to hand
over the land to the Scrvians. The agitation
went on increasing finding vent especially in
Mt ahns OrA nh Mol
adjutant Tho house selected by Mohemet Ali for his
lodging hrc BY Albanians Of Yakova and
Ipek Then fight began between the incendaries
and Mchemet All's escort, In which twenty men Of
the latter fell. Toward evening" through the inter.
vention Of some Uiemas. the conflict appeascd,
the insurgents promising 10 observe peaceful at.
tiiude
IN sHRD.
About six O'Clock In the evening, however, In
Yakova, where Nchemet Ali stl remained, the
struggle broke ntresh, resulting 10 the death Of
Abduiah Pacha with several officers Of the escort,
and Tho house IN which they took refuge WAS
fred. Mehemet Ali succeeded In escaping
from the burning building and IN concsaiing
himself In q shed close by, but his hiding place was
discovered and merciiessly put to death.
The Albanian League is said 70 number $4,000 well
armed and equipped men, determined to resist
the occupation OF their territory by any
Christian Power. IL is thought possible At
Vienna that the anarchy Albania may
compel Austria TO occupy that province also. This
they will find even moro serious task than reducing
the poor BOsaans. Servia's line OF conduct Is
watched with uch curiosity. A telegram from Sem.
lin states that Russia has advised Servia hot
to disarrn. aud has promised 10 continue subs-
dies to Ssrva. In Vienna shere Is much talk OF Ser
via and Montenegro cooperating with Austria, but
this 10 evidently mere ide GOSSIP for long Rus
ndu mi ninta 10 in thuaa tSn
States there Is real hopes Of alliance With Rus
sia's enemy
CAMPAIGN i BOSNIA.
There are 80 900 under arms, with forty cam
nons in Old Bosnia tThoy have IN advance guard,
G,OO0 strong. between gGracauicas and Han Karc-
novac. They have fortified, BelinA Zwornik,
Tuzla and Tolny. Alter the deisatol the Apstrians
BihAcs tho insurgents invaded Austrian tsrritory
a. Leskovasz. but wero driven back. The Turkish
troops and Albanians the nsighborhood OF Nitro
vzA and Novi Bazas arc rapidly sending reinforce
monts, which said to include q large force OF
artillery 10 operate against General szapary.
Greece is threatening TO do something again In
way OF buster. Dispatches from Athens state that
all soldiers on furiough, numbering over twenty-five
hundred ordered rejoin their regiments imme-
diateiy. The Greek government announces shat the
measure Is merely precautionary; but semi official
journals say secsss,tated by important reasons
A Vienna despatch 70 the, Telegraph says the Aus
trans lost twenty e0ecrs and six hundred 70 Sc ven
hundred men killed and wounded at Bibaco.
GZRMAsy's KEaR4rs ..
Tho regret OF tho Berlin people ap-
pears to be that Nob,Iipg mate no
confession roiativo to ha accomplices.
Franco is kept carefully informed By tho Paris
press regarding Tho Influences which the
Vatican bringing to bear In Germany.
The Paris TeSps says agreement TO a rsodus ui-
hats
Vatican, aud i, will be shortly announced in a le.ier
IRON the Crown Prince Frederick William 70 the Pope.
SHELVING scHoUvALoFP.
Tho influence OF Prince GorIschakoH Is paramount
at st. Petersburg, and Count SchouvaloT has been
released irem ofice at his own request The Prince
will now be able Rive his whole altsn-
tion TO the settlement OF the Dobrudscha
aud Bessarabiap questions despatch from
vienna SAYS Roumania has reserved Tor sepa.
rate decision the question OF occupying the
Dobrudscha tho population OF which are reported to
have become intensely hostile TO tho Roumaniana
POLITICS AED GERMANY.
The elections to tho Provincial Councils as far as
known at Madrid, indicate large government
majority. The coalcsced oppostionis,s have
been successful in the Provinces OF Almera
and Barcelona. The Diario Espdaol announces
that conspiracy has been discovered 10
Seville 10 establish federal republic Several arrests
have BEEN made and some important papers seized.
Tho new German Parliament which assembled on
Monday yesterday elected Horr Forkeabeck It's pres
ideut
Baron schsnck Won Staunenberg,a National Liberal
and Prince Hohenlohe- -Langcnburg, an aohcrent OF
Prince Bismarck. have been reelected Vice Presidents
OF tho Roichstag
THE NILE RISING.
An unusually heavy rso In the White and Blue
Niles reported from Khartoum. The rains are in
cessant and an inupdation Is apprehsndsd. The
Egyptian government is adopting IN easures Of pre-.
caution against disaster from food.
THx sooLoo IsLASpa
Tue Standard says It IL probable a portion Of the
Sooloo Islands, in the Indian Ocean. has
been about to be ceded to SPAIN Tho British
Consul General at Labrian has been ordered 20 pro