The New York herald., 1879-01-05
ANOTHER BRITISH BANKRUPTCY
Failure of the Corn
iSh Bank.
GERMAN TARIFF CHANGES.
The Bulgarian Reconstruct
ton.
[BY CABLE TO THE HERALD

p =
LONDON, Jan. 5, 1879.
correspondent telegraphs from Truro. Cornwall.
as follows s:-Great coEsernation is manifested here
this morning in consequence of notice posted on
the door of the Cornish Bank announcing that it
closel Unravorable reports had been in circulation
for few days to it's stability but the
general feeling was OF confidence. although there
was slight run the bank. 1t is hoped that the
suspension will be only temporary, but nothing de-
finite can be known for few days. The bank did
very large business in mining and other commercial
enterprises. despatch from Plymouth to the IaH
Mall Gazette says:-"The stoppage Of the Cornish
Bank will terrible distress among the traders
of West Cornwall. The immediate cause of the sus-
pension is the bank during the last
fortnight. resulting from rumors that the late Sir
Frederick Williams largely indebted to the bank
and that large portion of the capital locked up
in mines and in advances tin, neither of which
Immediately reazable. The further stoppage Of
Cornish mines is inevitable. and the failure of many
private firms must follow. The Cornish Bank belongs
to Tweedie Williams Co. It WAS established about one
hundred and ten years ago. The bank has branches
at Falmouth Penryn and Redruth. Sir Frederick
Williams, member Of Parliament for Truro. who
died recently, held onethird Of the concern and his
widow is his sole executor. The bank had an author
lied issue Of $4,000 The Echo states that the de-
posts in the Cornish Bank amount to f50O.000.
LABOR IN GREAT BRITAIN.
There indications Of intention on the part of
the employers in the west OF Scotland to enforce
return to the aggregate of hfty-four hours the
weekly quota of labor. One two large establish
ments have already posted notices to that effect The
men have Is yet taken no action on the subject, but
will hold meeting for that purpose next week.
GERMAN TARIFFS.
The commission for the general revision Of the
German customs tariff met at Berlin yesterday for
the first time. under the Presidency Of Herr Won
Varnbuhler. 1t is supposed that the labors Of the
commission will not be matured before the second
half of the session Of the Rcichstag. that the dis
cusson the subject will only begin after Easter
The TdgbtdH announces that the free trade members
of the Reichstag intend making demonstration
against Prince Bismarcks fiscal policy. great meet
ing of German Catholics is impending at Fulda, to
consider the situation between Church and State.
THE BULGARIAN coNGREss.
The Assembly of Bulgarian mobiles, which will as.
semble at -Trnova January Is and elect Prince.
will consist OF three classes The frat will comprise
the presidents of superior and inferior sdministra
tive municipal and judicial councils of all
tho bulgarian communes. and will number
12l representatives. The second class will be
composed Of 120 members, elected by the people.
each representing 10000 inhabitants The third
class will consist Of nine Bulgarian bishops.
Greek bishop. mufti and grand rabbi. In ad-
dition to these 256. Prince Dondoukof KorsakoR
will nominate thirty selecting. 1t is believed dozen
Turks. so that the Turkish element will be propor
tionately represented.
RUSSIA.
The Russian military martial. held at Kief to
try charges Of malpractice against certain officers in
connection with army supplies during the late war
with Turkey, has sentenced . captain to dismissal
from the service. and captain attached to the saf
and two leutenants to two months Imprisonment
in fortress. Prince Uruso the instigator Of these
mapractices. was fined fifty roubes.
TURKEY AND HER FRONTIER LINES.
Owing to the depreciation of the ''caimes" and the
high price of provisions at Constantnople anony-
nous letters have been addressed to the Porte
threatening serious riots il the Gaines not with
drawn and military precautions have been taken
cordngly. The commissioners to arrange the delim-
itation of the Greek frontier will assemble at Arda.
The proposal to sit in Athens abandoned. vahan
Enendi has declined the appointment Of commits
soner.
CABLE NOTES
Another death has occurred among the scamen who
were wounded by the explosion Of the 3s-ton gun
board the man-of-w Thunderer. The other suf.
fcrers by the disaster Going well.
A despatch from Lisbon January (hsving been de-
layed in trsnsmssion) announces that Pullmans
agent has identified Ange who will be taken to
Philadelphia by American police on board the Amer
can bark Shooting Star. now at Lisbon.
The Dir-Ne4risme Steele, Of Paris. says that the
Minister Of Foreign Affairs will propose to the Cab.
net to denounce the treaties of commerce with Eng
land and Belgium.
II. Hudson Co., seed crushers. of lie IDS and
Hull have failed. Their liabilities are E1OJOoO