Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1879-04-11

the bills, what congress will do. Nous UerrO1S.
Messrs b. A. Enloe, of jackson, and Nat.
Baxter, jr., of Nashville, agents appointed
by the governor of Tennessee to confer with
the creditors of the State in New York and
urge their acceptance OF the terms proposed
by the general assembly, have been here for
day or two, and left for New York yesterday.
They procured letters from the Tennessee
congressman and other leading Tennesseans
In this city.
The American rapid tele .raph company,
which has been organized in New York, with
a capital of three millions of dollars, an
nounces that 1t will Immediately construct a
line of steel appropriated telegraph wires
between New York and Philadelphia, Wash
ington. st. Louis, Chicago and other cities.
The company claims to have an Invention by
which one thousand words per minute can
be transmitted. II able to carry out the pro-
gramme, the public will enjoy the adj
vantage of their system by Janu-
airy l., 1880. The schedule of rates
will be: First, express messages to be dis
patched instantly at q uniform rate of
twenty-five cents for thirty words to all sta
tons east of the Rocky mountains. Second,
mail messages to be dispatched within one
hour and delivered through the nearest post
office, or by messenger, within two hours
rom date OF message at twenty-five cents
for fifty words. Third, night messages to be
delivered before ten o'clock In the morning
az fifteen cents for fifty words. Fourth,
press reports, for exclusive publication In one
ournaI, at ten cents for one hundred words.
Fifth, stamped messages-by an arrange
ment with the postoffice department CORE
sDoadents can place a letter of fifty words In
an envelope, put en- a twenty-five cent stamp
and drop 1t into lamp-post box. The let
ter-carrlers will make collections every half
hour, and will at once deliver such letters to
the telegraph company, which will be deliv-
n,-nS Ia pOr.yl n pItU n tina IIpltD1 Stafna
within two hours. The company expect to
pay the postofhes department one and one
half cents per letter for collecting, and the
same for delivery. The company promises
within three years to telegraph an ordinary
business letter to and from any point in the
country for ten cents.
Judge J. A. Anderson and Colonel R. F.
Looney. of your city, have just returned from
| New York, where they closed trade with
| some of the largest capitalists In
that city for an interest in their
mines IN Mexico. The trade was made
| through the agency of the finest mining en-
| glneer IN the country, who has gone forward
| with necessary machinery to put the mines
/ at work. 1t Is believed that this viii be tn
| wealtbiest mining company in the country,
| and its stock Will undoubtedly command a
| large premium very soon. Colonel Looney
| has been persistently at work at this matter
| for the past four months, and has allow
| no UlfnCultY 70 stand In MS way, ana mas, Dy
| his indOmitabe industry and management,
one Of the largest mining operations on the
continent. Major B. Z. Fly, who first brought
| these mines to the attention of the people In
this country, has been engaged in this matter
for the past ten years. Up to short time age
| he could get no hearing from men Of capital
| but he has persisted, and through his great
familiarity with the mines OF that country
| and its leading men, and his high standing
| and character as a man of honor, intelligence
| and the strictest veracity, has awakened the
| deepest interest among the people of this
| country for making investments there, arc
has also forced upon the attention of congress:
! the importance Of commercial treaty with
| Mexico, which 1t is now confidently believed
will soon be made The weather IS still more
ike winter than ethereal spring. Hon
Casey Young has been suffering very mucl
| from the effects Of severe cold, but Is muci
improved in the last few days. X.