Evening star. [volume] (Washington, D.C.) 1854-1972, 1879-03-17
American Credit Abroad.

COuSul General Lee, at FfanhlOrt, WRITES 10
tie state department as foilows-"S so far as
can be Judged from continental standpoint, 1t
may well be doubted whether in any other
country labor IL SO diversified and so well re-
warded, or traffic so remuDeratlve, as at
the present time In the United states.
These things can be seen better abroad.
perhaps than at home, and hence the
occasion for submitting these observa-
ttons to the department. and at the
same time suggesting that the people OF our
tunate they are than by contrasting their tinan-
cia and commercial condition with that or the
most powerful and most prosperous countries
OF the Old world. In this connection il may be
II ctdentally mentioned that the continual call
ing in Of our bonds for redemption, which
Is Tow taking place, has obliged many German
holders to seek other investments, and thai all
other good American stocks have consequently
advanced about ten per cent. in this market.
direct and immediate bereht has therefore
accrued from the improved financial cond-
state ard other reliable corporations OF
tie United States. whose securities have
oeen negotiated in Germany. These securities
are bow generally worth about ten per cent
more in this market than they were anterior to
the resumption Of specie payments. Before re-
sumption there was scarcely any demand for
active demand for them; and the price, as
has been stated, has greatly improved
It may also be said In this connection, that but
Tor the prospective loans which will soon be
oHe1ed by the PruSsfan and Imperial govern
Ments, Tie four per cent. bonds OF the United
states would probably now be taken Iibsraliy
in this MARKET
The METHODIST PROTESTANT CONFERENCES az
Centreville, Md, on Friday, admitted Arthur D.
Murray, JDO. l.. Leil1ch. and Daniel w Austin
10 the ltinerancy; Geo. H. McFaden to serve
under he president, and elected s. Reese Muir
ray, w. Trout. c. b. Middleton and I. A. King
10 OldeTs. DR.. L. w. Bates, chairman of the
faculty. said that In earlier days the motive of
men applying for conference work could not be
suspected, FOR 1t meant love, sacrifice and toll
Dut now Tie case Is changed, and the faculty
proposed TO give every man a tight grip so that
ne Will not be as large when he gets through
ana 10 search closely into his moral character
and social department He gave a special com
Mendat1on TO S. r. Murray and c. B. Middleton.
A committee report indorSing the Jackson'S
woods Camp Meeting Association, and adyis-
lpg similar association on the Eastern Shore
eilclted long discussion. A. D. Dick argued tnat
camps as now conducted are an injury to the
church. The report was carried. Rev. w. It,
Dunm was assigned Superannuated relation
Inc president stated that he was In great en-
DarIasSnent. and could see no relief unless Ger
tam charges would relax In their demands: he
naa 100 many married men for places at hisd dis
P9sal. Ihe requests OF st. Johns, Baltimore:
Fllst Church, Pittsburg and HeathsytIle
ShuIch, for pastoral supply, were granted. on
saturday report was made that the ministe
RAJ educatlOn fund amounted TO s. 4OOtn vested.
DGt necessity existed to levy assessments
taken from the decision Of quarterly confera" ce
OF Alexandria enforcing six months pr0bati0n-
aIy membership was sustained W. F. Roberta
Z. A. warned, w. T. Dunn, j. NJ GILL and s.
r; Onlom were granted appropriations from
ihinlSIeflaI education fund. The order OF the
discussed 10 The hour OF adjournment