New-York tribune., 1879-01-06
GENERAL FOREIGN NEWS.
REPUBLICANIsM IN FRANCE.


HEAVY GAINS IN THE SENATE ELEcTIoSs-sUsPEN-
SION OF THE CORNISH BASK-gxECUTros or
MoNCAsL
The elections in France resulted in
Republican triumph, si~ty-four Republican
Senators having been ;iected, though there
were only nineteen among the eigbty-two
outgoing members. The Cornish Bank,
of Truro, Cornwall, England, an in
stitution 40 years old, and having
branches at Falmouth, Penryn, and Redruth,
has stopped payment. Its liabilities are esti-
mated at f1,OOO,00O. Moncasi, who at
tempted to assassinate the King of Spain, was
executed at Madrid on Saturday. Don Espar-
tero, the Spanish statesman, is reported dying.
Several additional deaths have occurred from
the accident on the Thunderer. The Porte
has announced that the surrender of Pod
goritza is absolutely decided upon.
REPUBLICAN TRIUMPH IN FRANCE.
sIxTY-FOUR REPUBLICAN SENATORS ELEcTED-A RE-
PUBLICAN MAJORITY OF FIFrY-sEvEN ~ TnE
SENATE.
PARIS Jan. 8, 1879
The Senatorial elections which took place to-day
resulted in great Republican triumph.
Of forty-seven Conservative Senators whose
terms expired. only thirteen have been reelected.
All the retiring Republican Senators have been
reelected.
The general result shows the election of fifteen
Conservatives and sixty-four Republicans.
The Republican majority in the Senate will be
about ifty-seven.
Second ballots are necessary in the Departments
of the Haute-GarOnne and Landes.
The result of the election in Martinique is not yet
known.
Among the newly elected Republican Senator'S
are NM. Founier, Ambassador to Turkey, do
R6musat, Faye and Massy and General Faldherbe.
Among the rejected Conservatives are NM. do
Belcastel Lacave. Behic, Dufaur dc Gavardie,
Adren de Montgolfer. Vicompte de MeauI, NJ.
Depeyre. NJ. de Bastard, COmte Daru, General
Boissonnet, NJ. Bernard Destren VI. Bompard,
Comte de Boul6, Marshal Canrobert and Gem
erals Pourcet Loysel and de Espenilles.
Ldtr.-Later returns show that VI. Dufaur de
GavardIe, Conservative, has been elected to the
Senate by second ballot. Electoral statistics
derfully corroborate the reports of the progress
made by the Republican party IN France.
Fifty-six Conservatives elected in 1875 received
15.846 votes. whereas in 1870 they only obtained
3,20S votes, thus losing 12,43S votes. Nineteen
Republicans elected in 1876 received 5636 votes,
and in 1879 received 20,262, thus gaining 1926
votes.
The number of Senators to be elected was
s2 OF the outgoing members. SO were classed as Re-
actionsts.' IA being A" Bonapartists" and AZ Non
archiss" Nineteen only Of the outgoing members were
Republicans. VIZ. NM. Brlllier, Eymard Duyernay.
Edmond de Lafayette, Jacotin; D1mesni DauRn,nnot,
Fresnay, VarrOy, Bernard and Colonel dAndlau
SUSPENSION OF THE CORNISH BANK.
ITS LIABILITIES ESTIMATED AT ONE MILLION
POUNDs-DoUBrs OF ITS ABILITY TO RESUME
OR PAY IN FULL.
LONDON. Saturday JAM 4. 1879.
A correspondent telegraphs from Truro,
Cornwall. as follows: Great CONSERVATION is mani.
tested here this morning in consequence Of notice
posted the door OF the Cornish Bank announcing that
IT was closed. Unfavorable reports had been In
circulation for few days to It's stability but the gen.
eral feeling Of confidence, although there was
slight the bank 10 hoped that the suspension
will be only temporary, but nothing definite can be
known for few days. The bank did very large busi-
ness in mining and other commercial enterprises"
The Cornish Bank belongs 10 Tweedie. Williams and
Company. IL was established about one hundred and
Penryn and Redruth Sir Frederick Williams. member
of Parliament for Truro who died recrntly held one
third Of the concern, and hs widow Is his sole executor
The bank had an authorized issue OF $40 900
dispatSh from PlyTOu9 E to ne pa N Man Gsee
ble distress among the traders OF West Cornwall Tho
BANK during S e last % fortnight rssuins from % Imors
that the late Sir Frederick Williams largely
capital locked mp in mines used In advances tin.
neither of which were immediately realized. The fur.
ther st0ppage OF Cornish mines Is inevitable and tho
failure OF many private firms must follow"
This afternoons Echo states tia. the deposits in the
Cornish Bank amount TO f0OO,OOO.
LIABILITIES OF ONE MILLION POUNDS.
iorDoS, Jan. 3, 1873.
1t is believed that the liabilities o. tie Cornish Bank
are over FL 100000. Some say the bank can pay in
full, bnt it seems TO be the general
opinion that this is impossible IN the present
state OF mining enterprise IL is believed the mines Of
Western Cornwall alone owe the bank 100000, tho
calling in OF which loans would have disastrous
effect the whole OF West Cornwall