Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1878-10-09
7s i.sI 81 ~ y 3 Il - Z
FOREIGN NEWS.
A REVOLUTION IN THE WEST INDIES.


A REVOLUTION IN THE WEST INDIES.
A special from st. Thomas, West In
dies, under date of Oct. Sd, says: In
formation has Just been received here
of the outbreak of serious insurrec-
ton on the island of St. Croix. There
has been great deal of destruction Of
property already. and several promi-
nent whites have been murdered by the
negroes. The whole population of the
island is $4,000, ana a large proportion
of them are colored. Quiet continues
to prevail here.
THE BOSNIAN WAR.
Belgrade advices under date Of
Oct. 3rd state that news from
various parts of Bosnia show that the
Turks and insurgents have abandoned
further open resistance, having become
convinced that neither moral nor ma
terial assistance can be any longer
hoped for from the Porte, unless other
political complications arise. Upwards
Of four thousand insurgents fled to
Servia, where they have been disarm-
ed, and among them are two Pashas,
two hundred Beys, and whole battal-
ion of Moons. They brought with
them three Krups guns, two thousand
breech-loadipg rifles, horses, etc. Small
bands cross the frontier daily, with
their wives. children and property.
FIFTY MILLION FAILURE.
A London cablegram of Oct. End
says: The City Of Glasgow bank has
closed its doors. Its liabilities are stated
to be fifty million dollars. This liabil-
tiles of the shareholders is unlimited.
One hundred pound shares of the bank
were dealt in yesterday at over
920O. The bank was establish
ed in 1889 and had fifty to sixty branch
es. This is the heaviest bank failure
in Scotland since 1857, when this con-
Germ also suspended. Other Scotch
banks were asked for assistance, but
after examining the books at a meeting
yesterday they refused to do more than
redeem the note circulation Of the City
or Glasgow bank, which is stated at
three and one fourth million dollars.
The failure has caused great excite
ment throughout Scotland and in the
London stock exchange where there
was heavy fall in Scotch railway Sc
curities in consequence of the pressure
of Scoth holders to sell. The failure of
the bank is attributed to its resources
being locked up in bills. shares and de-
bentures of various kind that were not
readily convertible. The failure is very
important-not less than a national
disaster. The failure of the city Of
Glasgow bank is believed to have been
in consequence of large advances on
American securities, grain and real
estate, the values of which are largely
depressed.
AUSTRIA IN A BAD FIX.
A Vienna dispatch of Oct. list says
the governments embarrassment is ex-
IRENE. The Hungarian ministry de-
clare they can't provide the money re-
quired as Hnngary's contingent of the
expenses of the Bosnian occupation
until the meeting of the delegations.
Count Andrassy desires to reduce the
expenses by withdrawing n great part
of the army from Bosnia, but the mill
tary oppose this measure. The situa-
ton is greatly strained, and solution
which is expected the present week
may perhaps involve the resignation of
the Hungarian, Austrian and Imperial
ministers.
TROOPS LEAVING FOR INDIA.
Five batteries of artillery will leave
Portsmouth on the 10Th inst. for India.
says London cablegram Of Oct. LIST.
The second battalion Of the fourteenth
regiment, at Currah, will embark at
Queenstown for India Saturday night.
A dispatch from Simla says all pre-
parations are advancing with the ut
most speed. Several regiments have
already been modified, but the COM
missariat department requires rea-
sonable time for its completion. The
army is enthusiastic. The spirit of the
native troops is admirable.
THE sULTAN'S CIRCULATING MEDIUM.
A Constantinople cablegram of Sept.
30th says: The alarmingly rapid depre-
citation OF paper money continues and
causes most serious apprehensions. AT
the beginning of last week it had only
about one-third Of its nominal value
and since that time it has fallen nearly
y per cent. In all probability it
will fall much lower for it is no longer
accepted in payment of 1.-THE, and is
consequently flowing into Constantine
pie from all sides. The Sultan has
given strict orders that energetic mea-
sures at once be taken, and for this