Daily Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1876-1884, 1879-09-13
EASTERN.


Boat Race.
NEW YORK, Sept 12th.-An Au-
burn IN. Y special says: A meet
ing has been arranged between
Courtney aud his hacker aud Han
Ian aud his representative, at the
office of A. T. Soule, for a $4,000
purse, In Rochester to-day. AT
that time, if Hanlan does not still
insist upon being challenged by
Courtney, the location, distance,
date and terms of the race will be
settled and articles of agreement
drawn and signed. Chautauqua
Lake is favored by Haulan's party.
D@ L.sseps's F~iIurs.
NEW YORK, Sept. 12th.-The
World continues to ridicule Les
seps's canal scheme. To-day it has
the following points: Ever since
the performance of the HOUsac
Tunnel it has been admitted that
Massachusetts can beat the uni
verse in the way of bores. aud now
that he has secured the services of
Peter Cooper and his sand-blast,
Lesseps may as well be left to at
tack the Isthmus of Panama with
his American allies. 1t is to be
hoped that they may not bring the
whole business of establishing a
waterway between the Atlantic
aud the Pacific into contempt and
discredit, before America and Gen.
Grant, between them, can sue
coed in organizing a serious at
tempt to carry out the Nicaraguan
project. which was long ago pro-
nouuced 10y competent judges to be
the best and most practicable of all
the many schemes for the constitute
ton OF such a waterway.
rns CnisnoIm Harder Indirin,eats,
NEW YORK, Sept. 12--The Her
aid says: 1t has just been dis GOV
cred, except by those who are in
terested in keeping the matter
dark, that about thirty indictments
for conspiracy and murder in the
Chisholm case have Stun bered I'M
disturbed in Kemper county fol
two years, no arrests having been
made.
Faiiure of the Nat,omai faux o
Peru.
NEW YORK. Sept. l2th.-Rela
tive to the failure of the NatiOna
Bank of Peru, announced yester
day, Joseph Hobsou, of the firm Of
H0bson & Hurtado, of Pine street
who are the financial agents in this
country of the government OF
Peru, said last evening that so fai
as he knew, no one here would sus-
tain any loss by the failure of the
bank, as the transactions of the
concern were confined almost en-
tirely to Lima. His firm, he said,
would not be affected in the least.
The bank was private institution,
and had no more connection with
| the government of Peru than q pri-
vate bank in this country had with
the government of the United
| States. He had no knowledge OF
| the cause OF the failure, nor of the
amount of liabilities. The war with
Chile may have had something to
do with il. The government re-
Gently authorized the banks not to
redeem their currency, ani took
the notes of the various banks In
payment of customs, etc, This
amounted to forcing bank notes
upon the people, aud the result was
that specie rose in value to 252
The nominal value of the bank was
II 000 900 soils Ia sol is about equal
In value to five francs), and of this
amount about 80 per cent bad
been paid up. Last year the bank
paid dividend OF 10 per cent, and
ut last advices from Lima, by mail,
the stock was quoted there at 60
"rhere WERE" Hobson said, "twu
banks in Lima with similar
names, one If them being the
Bank of Peru, AMI the other the
National Bank of Peru"
"John" rahe- IA step iu Advance.
New YORK, Sept. l2th.-The first
Chinaman ever arrested for being
drunk, according to the tradition
of the Police Courts, was arraigned
at the Tombs.
A Glowing Description Of Colorado
New YORK, Sept. Itch.
Davis, of the New York Supreme
Court, who has just returned from
Colorado, whittier he went for his
health, says that Colorado Is the
grandest physician tho sun ever
shone on. His system was shatter.
ell with malaria, and visits to the
seashore had been Intellectual.
Now, however, he was quite cured.
He continued, after speaking of tire
| mines: ut Is u most wonderful
country, and is destined, so soon as
the means which are at hand foI
proper irrigation of the soil are
taken advantage of, to become val
liable as n farming territory. Al
though the great plains now bear
only short, scrubby grass, upon
which bullocks can be fed only ut
the rate OF one to several acres, ii
has been proved that they need but
proper irrigation to turn them into
the most magniticent farming
lands. 1t Ia indeed n land of prom :.
Use, and suppose ii it were In Eu-
rope it would he visited by twenty
five thousand Americans every
year"
Fatal Disease.
ATLANTA, Ga, Sept. 12th.-Re.
ports of fever raging In the coun-