Ottumwa weekly courier., 1878-03-06

strongly suspected that torpedo boats
and white head torpedoes are being
dispatched to the sea of Marmora in
sections. The Russians occupy
Charkoi, Rodaste, Eregli, Silivri and
Tchekmedge, all Of which are admi-
rably suited as bases for torpedo op-
erations, should it be decided to
menace our fleet. Precautions are
taken nightly to guard vessels against
surprise. ..-
ST. PETERSBURG, March 4.-Grand
Duke Nicholas has sent the following
dispatch to the Emperor:
ST. STEFANo, March al do my
self the honor of congratulating your
Majesty upon the conclusion of peace.
God has vouchsafed to us the happi-
ness of accomplishing the holy war
begun by your Majesty on the ami
versary of the enfranchisnent of the
serfs. Your Majesty has delivered
the Christian from the Musselman's
yoke.
CoNsTANT1NopLE, March 4.-Previ-
Gus to the signature of the treaty of
peace Gen. Ignatieff demanded that
Turkey should unite with Russia in
defending all its stipulations before
the Conference. Safvet Pasha refus-
ed. Gen. Ignatieff then telegraphed
st. Petersburg tor instructions. 1t is
not known how the question was set
tied. Russia agreed not to include
Salonica in Bulgaria. 1t includes
Bosergas Varna and Kustendii. The
money indemnity of Gao, ,OOO, 900 orig
inally claimed, in addition to terri
torial cession was finally fixed at
fl2,0O0,OOO.
LONDON, March A Pera corres-
pondent writes: BY giving up the
hostile European provinces, at the
same time receiving tribute from
them, or saddllng them with a por-
ton of the national debt, and eoncen-
trating the Musselman in territory
contiguous to Constantinople and
making the concentration required
by territorial concessions in Asia Mi
nor, the Turks will create new OF
toman power, ten times stronger than
when 1t was spread over vast, badly
organized and hostile territory.
LONDON, March Especial dis
patches from various points in the
Greek provinces of Turkey, indicate
that the insurrection Is spreading.
These say two thousand Insurgents
are encamped within sight of Volo in
Thessaly and are entrenching. The
district between Mount Olympus and
the Hindus Range is in revolt. Epi-
rus defeated the Turks at Ghiasta
Friday, after four hours fight, killing
80 and wounding $50. Another fight
took place at Carolimpe with similar
result, the Turks leaving 70 dead on
the field.
A provisional government has been
formed at Sycursion and a union with
Greece proclaimed.
Two hundred and fifty refugees of
women and children from Sycursion
have arrived at Corfu. A great panic
prevails among the christian popula-
ton Of finsurrectionary districts. The
Consular from Larissa, capital of
Thessaly says sixteen unarmed men
and thirty-five women and children
were massacred by Turkish irregu-
lars, all the women in the town vio-
lated. ft
LONDON PREDICTIONS REGARDING OUR
SILVER LEGIsLATIoN.
By Cable to the Chicago Tribune,
LONDON, March 3.-The.. passage
of the Bland silver bill over the Pres
ident's veto has been commented on
by all the leading papers, " hich have,
as heretofore, shown intense bitter
ness and unfairness in discussing il,
but the public in general
DO NOT SEEM TO HAVE BEEN ALARMED.
Its effect upon the value of our bonds
has beeen scarcely appreciable, what
ever changes that have occurred hav-
ing been due to other causes. Goin9
back nearly six weeks previous to the
passage of the bill by the Senate. I
find that on Jan. %, United States
five-twenties closed at 1867, while
English consols closed at 9515. Yes
terday the American securities closed
at 1867, and English consols at 951k.
Thus, while English funds have fal-
len q, American bonds have
FULLY HELD THEIR OWN,
and this in spite of the fact that the
United States have been accused, not
only by English but by many Ameri-
can newspapers and financiers, Of
having partially repudiated their en-.
gagements, and endeavored to swim
die their creditors. The truth is that
the English holders of the United
States bonds cannot be frightened by
any such nonsense, ana while the
prophets of evil have been prophesy-
ing that American securities would
have great fall, they have
MAINTAINED THEIR POSITION
in the most extraordinary manner.
1t should be remembered that there
is hardly one security on the London
Exchange that has not fallen from u
to IL per cent in the same time.
The effect upon silver is equally en-.
couraging to those who insisted on
its reconciliation. From about SO
pence per ounce it has steadily ad-
vanced, in spite of heavy sales on
Germany, until now
1T STANDS AT 5514.
An equal increase further will
bring it on an equality with gold as
a coin; that is, an American silver
dollar will be neither better nor
worse in any market of the world
than a gold dollar. English holders
of American bonds
HAVE NOT YET BEEN FRIGHTENED
into selling them to any noticeable
extent, and it is quite likely that the
men who bought them when the
prospects Of the United States were
80 gloomy as to make them worth
less than SO per cent of their face are
not going to be greatly alarmed about
30 just and reasonable measure as |
the reconciliation Of silver.
OF LEO XIII -FRANCHIl |
SUCCEEDS sIMEoNl-MoB DoINGs.
ROME, March 3.-Pope Leo was
crowned in the Sistine Chapel to-day.
The ceremony commenced at 8 80 in