Daily Los Angeles herald., 1879-09-27

NEW YORK, sept. 25th. The
steamship AmeriQue from Havre
brought 1926. 200 in twenty-franc
pieces.
the "Pabffc" On "C0rners-"
NEW YORK, Sept. 26sh.-The
Public to-day says: The remarka-
BILE depression OF business in Cali
fornia, which the new Constitution
has caused, is shown in the COM
parison of exchanges. The sam @
paper adjs: For some weeks the
market has been tortured with
anxiety about an expected coal
combination. That such would
check the consumption of coal and
retard the industry of manufacture
ing is certain. There is an explain
alton of the state of the market not
altogether unnatural. Last winter
Keene put few millions into
wheat, and when the season ended
he settled transactions amounting
to eight millions Of bushels a.
comfortable profit. Suppose it had
occurred to him to buy coal this
year, and hold five million tons,
more or less, until the market gets
ready to take it. Suppose it should
come to pass that the market
should be- virtually cornered next
winter by the simple process of
buying coal when it is abundant
and cheap, and holding it until
consumption outruns immediate
delivery, might it not appear to
Keene desirable to realize fifty
cents or one dollar per ton clear
profit? That there would be some
incidental profit to the companies
which can deliver largely in VIM
ter, or to operators who happen to
hold large stocks, might also occur
to him. If men are searching for
an explanation why do they not
find one which explains that?
The COndftio - CT ths Negroes in
the south an seen by ~ Northern
Investigator.
NEW YORK, September 26th.-
A Times Washington special says:
f. S. Hamlin has addressed an eX-
haustive letter to the Secretary of
the Treasury in reference to the
negro exodus. He has been in
duced to Investigate the subject in
compliance with the desire of Sec
rotary Sherman. His verbal re-
quest was that he should examine
into the matter. He has visited
various Western and Southern
States, and his conclusions are the
result of personal observation and
of conversation with the emigrants
and with white people
in the South. From survey OF the
whole field the writer comes to the
that the negro in many
of the Southern States has no legal
protection of person or property.
He lives emphaticGlly under no
government of law, for the statutes
and constitutional provisions made
for his protection are systematical-
ly defied and successfully nullified
by lawless combinations Of white
citizens. He suggests that the APP
plication of the rule, "If you want
friends show yourself friendly"
would remove all the difficulties of
planters in securing the votes of
negroes. He suggests that some
kind of organization or organiza-
tions, personal or governmental,
should be formed to acquire large
tracts of land in the Southern
States, divide them up and retail
them to deserving men wishing to
buy them. by giving them an OPP
portunity to pay in frequent small
installments.
Tine New Mining District in Mon
tHnn.
NEW YORK, September 26th.-
The 1ribune'S Montana correspon-
dent, writing of the new discover
les of quartz lodes in Salmon river
mountains, reported very rich,
says: One circumstance which
leads me to believe that these new
mines will turn out well is the fact
that California capitalists, whose
money and enterprise have devel-
oped the Black Hills Bonanza,
have bought some mines in the
Salmon river country. They do
not buy mines anywhere until the
most careful examination of them
has been made and they are
thoroughly convinced of their
richness.
Advice Of q. w. Cusiis 30 Now York
Dissfre cted Republicans.
NEW YORK, Sept. 26th.-George
VIM. Curtis, In this weeks Hor-
per's Weekly, thus advises Repub-
licans disaffected towards Cornell:
There is but one way in which they
can vote so as to defeat the ma
chine and at the same time keep
New York Republican. 1t is the
only way in which the individual
voter can ever effect party manage
ment, for when party managers
discover, if they outrage the con-
yictions of party followers, those
followers will not follow, the man