Daily Los Angeles herald., 1878-01-06


tain Campbell from further ares
or custody.
WASHINGTON, Jan. 5tb.-A
Com mittte VIII met on Mon,ia,
to hear Bulls and Shafter from
Texas.
The Cabinet to-'lay considered
the silver question and it was
thought best to prepare bill upon
the subject as a means of escaping
conte t with Congress over tn,
B and bill. The President il deter
mined to veto the Bland bill, II
necessary, but Is anxious to
avoid hostility towards "a ma
jority of both Houses. This l.
learned from high official author
ity. All members of the Cabine,
to-dny except Evarts, (whn was
Iepre>ented by Assistant Secretary
Seward and Secretary Thompson
were present aud -ach uuhe.itat
ingly gave his opinion at the Pres
DENTS request. This resulted in a
prolonged discussion in which there
was great diff-reuce of opinion aud
the matter was dropped without
conclusion, except that the Bland
bill should be vetoed If passed.
sch""ner Aanorp.
Boston. Jan. 5th.-The schooner
Martha lnness went ashore on Cape
Cod Thursday. Crew drowned.
several Vessels wrecked,
BOSTON, Jan. 5th Several ves-
sells were driven ashore and fouu-
dered in the gales last night. Loss
of life not serious.
Oppen~s tao K~coe otsi"n of Dtaz
WASHINGTON. Jan. 5.-Minister
Schlelcher has drawn up a report
on our relations with Mexico in
which he opposes the recognition
of Diaz.
TIE Baak Presidents Aroused.
NEW YORK, Jan. 5.-A meeting
of the Presidents of the leading
banks has been called for this
afternoon to arrange for concert Of
action regarding future loans. The
fear of the passage Of the silver
bill by q two-thirds vote has arous-
ed the bankers. This meeting is to
secure united action to make no
future loans except on q gold basis.
They du &c La Canada. too.
NEW YORK, jan. 5.--Louis E.
Dorion, city treasurer If Quebec,
Is said to he detaulter to the
amount of 100000
wha, thn New York nnnhers
RsSoivsd.
NEW YORK, Jan. 4.-The Bank
ers of New York in joint meeting
adopted the following:
Resolved, That, in view of the
bill now under consideration in
Congress which proposes in eff ct
to supercede the existing law re.
curing the redemption of legal
tender notes In gold coin on and
after the LIST of January 1879 by
making silver dollars of four
hundred and twelve and onea
half grains legal standard for pay.
m-nt of all debts aud measures of
com mercial operations in the
United states, 1t Is the duty of
bank officers to seriously inquire
what effects this important change
In the circulating medium will
have upon the conduct of general
business and upon the respective
institutions under their charge, and
what practical measures, If any,
can be adopted to preserve their
various trusts from serious decline,
which may follow the passage of
the bill in question.
Resolved, That u copy of these
resolutions be niediatply tele.
graplIed TO the Clearing Houses Of
Boston, Philadelphia and Balti-
more, and AL invitation to the
bank officers there tn consider the
same eini, and il practicable to send
lie egntes to attend our meeting
Wednesday next, with u view to u
mutual consideration and concert
Ell action.
Resolved, That the Presidents of
Savings Banks and Lite Insurance
Companies In this city be also re-
questpd to attend this meeting aud
to participate In the discussions.
The following We're appointed as
the committee provided for 10y the
resolutions: Geo. .. Cox, WIN.
Dowd, J ID. Vermilge, Moses lay
Tor, II f. Val and }. L. Hunter.
VIM. Dowd, President Of the Bank
Of Norih America, occupied the
chair at the meeting, aud VIM. A.
Camp, manager of the Clearing
House, acted as Secretary.
The German n4ncst.
BERLIN, Jan. 5.-Supplementary
estimates have been land before the
Federal Council for next years
budget, swelling the probable def :
cit to So, 100000 marks.
News From tho War.
VIENNA, Jan. A special from
Tiflls says the Russians have occu
pied Alulja. If this is true, com
munication with Erzeroum is cut
off on all sides.
A Massacre by She Chinese.
LONDON, Jan. SIT is reported
on reliable authority that official
information has been received in
st. Petersburg that the Chinese
have msssacred Is, 200 men, women
and children at Kashgarian, a town
of Manas, com hitting most fright
full atrocities.
French Coup.
PARIS, Jan. 5.-The RepubliQue
Francdise (Gambetta's organ) calls
on the Government to remsve the
present commanders of several
army corps. Most Of these Gener-
ais are Bonapartists; none Repub-
licans.
Crlsfu m En o. N al NtIx AWsaa