The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1879-01-06
EUROPE.
Failure of Another English Bank.
French Republicans Successful
in the Senatorial Elections.
King AIf0nsO's Assailant Executed.


land to enforce return to the aggregate offty-four
hours as the weekly quota of labor One or two large
establishments have already posted notices to that
effect The men have taken no action yet, but hold
a meeting next week.
Failure of the Cornish Bank.
LONDON Jan. 4th-The Cornish bank has filled
A despatch from Plymouth says that the stoppage
will cause terrible distress among the traders of
West Cornwall. The immediate cause Of the sus-
pension is run on the bank during the last fort
night, resulting from that the late Sir Fred
erick Williams was largely in debt to the bank, and
that large portion of its capital locked up in
Mines which security is not Immediately reaizabe.
The further stoppage of the Cornish mines is newt
able. The failure of many private firms must follow.
Popular Discomfort with the Turkish
Currency.
Owing to the depreciation of the Turkish paper
money and the high prices of provisions at Constan
tinople, anonymous letters have been addressed to
the Porte threatening serious riots if the legalen.
ders are not withdrawn. Military precautions have
been taken accordingly.
Cork Gives Gen. Grant the Cold Shoulder.
CORK, Jan. AT a meeting Of the Town Council
Friday, after several bitter speeches by Catholic
members motion that the letter of the American
consul at Queenstown, announcing Gen. Grants
VlSl, De SIMPLY enuOTSeu 0edu, was cdrIleI WILL
out dissenting vote. The previous motion to give
Gen. Grant a proper reception was ignored. 81
Gen. Grants Dublin Speech.
DUBLIN, Jan. 4.-In his recent speech Gen. Grant
referred to himself as fellow citizen of Dublin and
intimated amid much laughter and cheering that he
might one day return to Dublin and run against
Darlington for mayor and Butt for parliament He
warned those gentlemen that he was generally a
troublesome candidate.
Passing to serious matters the General said: We
have heard some words spoken about our country
(my country before I was naturaized iu another.)
Gaughter.) We have a very great country, a. pros
porous country, with room enough for great many
people. We have been suffering for some years from
very great oppression; the world has felt it.
CHear, hear.l There IL no question about the fact
that when you have 45 Of consumers, such as
we are and when they made to feel poverty then
the whole world must feel it. (Applause) You hav
bod here great prosperity because of great ex-
trayagaDce and our great -aiafortunes We had a
war which drew into it almost every man who could
bear arms, and my friend who spoke so eoquenty to
you few minutes ago lost a leg in it. You did not
observe that, perhaps, as he has wooden one in
place OF it. When that great conflict was going on
we were spending thousand million dollars more
than we were producing and Europe got very dollar
VI lt ~ ludu0 Aol yUu AdisO piVSpCAtys 4Ou NOio
getting our bonds and promises to pay, you were
cashing them yourselves and that made producers
beyond the real necessities of the world OF people
But we finally got through that great conflict and an
inflated currency which was far below the specie you
use here made our people still more extravagant.
Our speculations were going and still continu-
ed to spend 100000 900 100000 Of money per
year more than we were producing We paid it back
to you for your labor and manufactures and it made
you apparently and really prosperous. We, on the
other hand, were getting really poor, but being an
honest people we came to the day Of solid, honest
payment. We came down TO the necessity OF selling
more than we bought. Now we have turned the
corner. We have had our day of depression. Yours
is just coming on. I hope it is nearly over Hear,
hear) Our prosperity is commencing and as we be-
come prosperous you will, too; (applause) because
we become increased consumers of your products
as well af our own. think it safe to say that the
United States with few years more of such prosper
ity will consume much more than they did. Two
distinguished men have alluded to this subject. One
the President of the United States and he said
that fhe prosperity of the United States would be
felt to the bounds of the civilized world. (Applause)
The other was Lord Beaconsfeld who seems to me
to see as far into the future any man know, Zap
plause) and he says the same as President Hayes.
Striking Railroad Employees.
LONDON, Jan. 4.-The striking employees at al
points on the Midland Railway remain very firm.
The Company are filling their places with porters
and others, but it is currently reported at Noting
ham that the drivers will strike masse if incom-
peten persons employed. 1t is sad the drivers
will hold meeting at Nottingham on Monday. The
points men also threaten to strike.
Execution of Moncasi.
MADRID, Jan. 4.-Juan Moncas who attempted
to assassinate the King Of Spain in Madrid on thu
18th Of October, was executed at 55 this morning
The prisoner made will. leaving his property to hi
wife. Two battalions of troops were around thu
scaffold. An immense number of spectators vert
present.
The Kingdom of Bulgaria.
SOPHIA, Jan. 4.-The assembly of Bulgarian
mobiles which will assemble at Tr Jan. 18th ant
elect prince will consist of three classes: The
first will comprise the presidents Of municipal and
judicial councils of all the Bulgarian communes, and
will number 1914 representatives; the second clas
will be composed of 120 members elected by thu
people, each representing 1900 Inhabitants; tn,
third class will consist of nine Bulgarian bishops
one Greek bishop. one multi and one grand rabbi
In addition to these 256 Prince Dondoukof
Korsakof will nominate thirty, selecting, it il
believed, dozen Turks so that the Turkish element
will be proportionately represented.
The Greek Frontier.
CoNsTANTINoPLE, Jan. 4.-The commissioners to
arrange the delimtation Of the Greek frontier will
assemble at Arda, the proposal to set at Athens
having been abandoned. Vaben Effendi has declined
the appointment OF commissioner.
Bismarck's Tariff Schemes.
BERLIN, Jan. 5.-The tariff commissioners hav
received notification from Bismarck that he has no
abandoned his tobacco monopoly schemes. The fed
eral representatives of Barona, Saxony, Baden
Brunswick, and the Hause towns are PARTICULAR.
guarded against committing themselves to the ap
proval of the chancellor's letter. The tariff COM
missioner has been entrusted to consider separately
the adyisability of imposing more than ordinar.
increase on tobacco, petroleum, csffee and sugar.
The Explosion ON the Thundooer.
CoNsTANTINoPLE, Jan. 5.-The cause of the ex
plosion in the British turret ship Thunderer is still
mystery. The gun which exploded will be sent t.
Woolwich for examination. Several of the wounded
have since died and many others have become blind
Suleiman II asha Exiled.
Suleiman Pasha's appeal has been rejected. 81
has been degraded and exiled for life and now ap
peals to the Sultan for pardon.
The French Senatorial Elections.
PARIS, Jan. 4.-The senatorial elections which
took place To-Day (Sunday) resulted IN grea
Republican triumph Of AZ Conservative senator
whose terms have expired only Is were reelected
All the returning Republican senators have beer
re elected. The general result shows that thu
election of Is Conservatives and ca Republicans. Tn
Republican majority in the Senate will be about 81
Second ballots are necessary in five depart
ments. The result of the election in Martinique i
not yet known.
Foreign Notes.
The Hungarian deficit for 1879 is estimated at %.
8e2,398 forms.
Four of the former leaders of the Macedonian in
surgents, three of them Austrians, who are unde
arrest at Sophia have been ordered to quit the
try.
The French consul has received telegraphic order
to demand requisite satisfaction from the Bey Q
Tunis.
1t is reported that the illustrious Spanish states
man Don Espertero, is at the point of death.
Seven individuals forming an internationally
commune, in Xeres, Spain, have been arrested an
important documents found on them,
1t is said Moncas before execution, gave his con
fessor instructions to maze personal communica
ton to the King.
n II