Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1878-04-25
Miscellaneous News.
THE CARDINALS EASTER.

n
the Easter reception of the cardinals to-
day Pope Leo dwelt upon the strength
and vitality of the pontifcate. He
said: "The war which has
been declared against the
j papacy from the earliest times
continues with undiminished fierceness.
Trusting to God, We are ready to carry
on the warfare, and to uphold the rights
of the church.: The Roman Pontiff
concluded by expressing a hope that
! the erring children would finally sub
NIT. -zsa
A MONSTER SCHEME TO RAISE THE CABLE.
DECLARE WAR AND GET RICH ON WHEAT
/ MARGINS. }
A New York dispatch of the 10th
inst. says for four days past representa-
tives of the New fo5rrK Herald have been
at work developing a conspiracy, of
which they have had intimation, the eff
feet of which would be to almost bank
rupt the country. Within week the
Herald has received an explicit state
ment of the essential points in a con-
spiracy of grain men whereby an i'm
mense and sudden fuctuation in the
market prices was contemplated. The
cOnspirators number about about twen-
ty, who, between them, have raised
about 100000 to effect the consumma-
ton of their plans. The leader of the
gang is an ex-operator on the New York
board of trade, who was twice expelled
for good reasons, the last charges being
of a grave character. He is o man
wholly unscrupulous, who will hesitate
at nothing. Shortly after the inaugural
ton of the Turko-Russian war he set
his wits to work to secure pile on the
rises of wheat, and through other par
ties succeeded in making quite sum
during the excitement. When peace
was announced, he saw his chances for
honest speculation nipped in the bud
It was then he set about perfecting a
plan he had conceived 1t took some
time to secure the right co-conspirators,
and it was not until quite recently that
the organization was completed.
The plan is simply this: A chart,
showing the exact location of the At
| lantic cables, is to be stolen from the
government documents, and the parties
will then proceed to a point designated
| probably off the coast of New Bruins
wick-and, then having supplied them
selves with the proper appliances, will
| proceed to raise the cable. This done, |
| they will proceed to tap that useful coil |
and insert a wire of their own, which |
will he manipulated by an operator in
| the boat. In this manner all the cable |
grams from the old world will be inter-
| cepted, and those of no consequence
sent in to their destination. In the |
meantime other members of the or |
ganization are quietly buying wheat, |
both on New York Board and on the
Chicago Exchange. They have so man
| aged it that there does not seem to be |
an excessive demand. On April 25th,
these dealers are to stop buying, and
on that date it was the plan of the con-
spiritors to begin sending telegrams
that would indicate a war disposition
on the part Of England. On the second |
or third day the thing was to eliminate
in an open declaration of war on the
part of England, with immense pre-
parations for the affray. 1t was antici- |
pated that this would run the demand |
for wheat up to an unprecedented
height, when the dealers could discreet |
ly sell and realize millions.
TEN MILLION 4 PER CENTS FOR THE ROTH
CHILDs.
A New York press telegram of April |
Goth states that a few days since the |
ROthchilds of London, sent cable |
dispatch to the new syndicate, agreeing
to dispose of $1OO00,O 900 of government |
A per cent. coupon bonds under the |
| contract recently entered into with the |
syndicate, and this amount was taken
to Europe yesterday on the steamship
| Adriatic, for Mr.. Conant, the new man |
ager of the United States financial bu- |
reau in London. The bonds were
| packed in two smalliron safes at Wash |
| ington, and were forwarded to the sub
| treasury in this city, whence they were
| shipped on the Adriatic. They repre-
sented the various denominations of
this issue, u large proportion represent
ling the smaller denominations. Said a
member of the syndicate on yesterday:
This IS not exactly Il subscription to
the new $50,000,000 loan, though prac-
ticalfy it amounts to the same thing.
The Rothchilds, believing that these
/ bonds are safe investment, have I'M
dertaken to dispose of them, with the
! understanding that such as are not sold
may be returned.
TREATY OF PEACE.
Advices from Nicaragua of the 18th,
| gives the terms of the settlement of the
questions arising out Of the attack on
the German Consul Eisenstuck, in Mic
aragua, in 1876. The terms are: /.
The Nicaraguan government to address
Won Bergen a note expressing regret for
the occurrences of the night of October
26 and Nov 26, 1876. 9. The German
/ flag to be saluted by Nicaragua. 3.
Thirty thousand dollars current money
to bepaid as indemnity to the German
consul. 4. The trial of the parties who
made the attack On Consul Eisenstuck
to be re-opened, and these to be pun
| ished according to the laws Of the coun-
try. Otherwise, Nicaragua to pay ap
additional indemnity Of $4,000.
- LABOR TROUBLES.
/ A London dispatch of the 10th init
/ mates that there is prospect of troub-
bic among the employees of the cotton
factories and adds that strike at pres
ent would stop 5,950,0O0 spindles in
4 the first district and 10000 in another,
and the feeling of masters and men is
becoming stronger. Masters at Barn
/ lev, last night, resolved to cooperate in
! the enforced reduction of wages; card
froom hands at Blackburn, after hear
ing the report of the deputation which
baWaited upon the masters. unanimous
! " resolved to resist the reduction The
| Weaver's association advise that the
masters be requested to withdraw no
tees of the reduction when weavers