Daily Los Angeles herald., 1879-07-20

Monroe Doctrine. De Lesseps is
moved by engineering and finan.
cial ideas, and not by schemes of
State craft. With his experience
of great engineering success, and
still greater financial success,
acb 'eved by his ocean level canal
at Suez, De Lesseps must instinct
lively have been preiudiced against
the American projects, explained
at Paris, except the Nicaraugua
route, for they require locks. 1t is
equally clear that the modified
Wyse plan of ship canal being
very short and at the level, must
have appealed very strongly to the
veteran engineers prejudices.
What is true of De Lesseps is
true of large body of engineers,
capitalists, constructors and Others,
who pin their faith to q man who
has already succeeded. He and
they may be wrong, and American
engineers and capitalists may yet
construct the Nicaragua route, and
practically demonstrate it to be
better than De Lesseps's. But the
point Just now to be observed is
that the French expert and his fol-
lowers were moved in the Paris
Congress by his natural prejudices
and actual experience to do ms they
did, rather than by political
Vaccinations or stealtl-y enmity
to the Monroe Doctrine.
Money aad stacks.
NEW YORK, July 19lh.- Silver
bars, 1134; silver coin, s9s dis
count; money easy, 23@3t; Gov:
ernments strong; stocks closed
firm; Western Uuion, 9Os; Quick
silver, 241; Pacific Mail, 15t; Mari
posa, 6; Wells, Fargo & Co., 979;
| New York Central, 11a; Erie, 274;
Panama, $50; Union Pacific bonds,
1901; Central Pacific bonds, 1881;
Sutro Tunnel, 43; Leadville, 4,3OC
at 3@3l.
Pacific Mails Financiai Affairs.
NEW YORK, July 19th.-It was
reported on Wall street yesterday
that the Pacific Mail Directors were
in session in reference to the claim
made by Comptroller Kelly for
taxes due the city, amounting to
over Sl3O,0O0. Hart denied that
there was a meeting of the Board,
and said he had been in com 1lta-
tion with Houston regarding 1an-
cial affairs, and that all m, ers,
including the clty's claim, were
settled.
The World says Houston told its
reporter that the city's suit against
the company ston2 Were It did
two years ago. He was not aware
of steps holng taken by the
Comptrol',r's lawyer to enforce
--y ment, but possibly an attach.
ment might issue.
Appeal by Italian sRk Producers
NEW YORK, June 19th.-The
Tribune says: The threatened fail
ure and the consequent raising OF
the prices of silk would seem to in.
dicate an unnecessary "scare," "
look ed at in the light OF a touching
memorial in leading journals OF
Italy, from silk growers and weav-
ers of that country. who appeal to
ladies who, under the rule oil
Parisian fashion, have this season
taken to wearing so many light
wooden and cotton materials,
where lately they wore silk for the
sake of weavers thrown out Of en-
ploym by the closing of facto-
ries. 1t also appeals in the names
of small growers, "who, 80 far,
have only had just what was neces-
sary for existence, and who, with a
crop of cocoons were unable to buy
meat for Sundays dinner and
clothes for the children " Bad
weather in Italy has doubtless in
jured this years crop of cocoons,
but the supply of raw material still
seems largely in excess OF the de-
mand. The puolic will do well to
resist vigorously the upward move
ment in the price of silk which, in
fact, should be cheaper and not
dearer.
Lake George Bont Race.
LAKE GEORGE, July l9th.-The
Saugerties crew won the four
race. Time, 9:03. The double scull
race was won by the Olympics of
Albany. Time, 9:0i4.
toronto Regatta.
TORONTO, July 19th.-The Han
Ian Club will hold regatta here
from August 18th to Goth. Eight
thousand dollars will be given in
prizes. Elliott and Boyd will be
invited.
LONG BRANCH, N. j., July 49,
A fire at Seabright caused loss of
$50, 900; partially insured.
Murder by "a DesperRdc.
SIDNEY, Neb., July 19.-About
IL O'clock last night, John Hodg-
son, alias "English jack" a hard
character, shot and killed John
Brown, an employe of Charles Cof-
fee, whose cattle outfit is in camp
near town. While the officers
were in search of the murderer, he
went to livery stable where he
had been employed, secured a
horse and escaped in the darkness.
This is his second offense of a SINH
lar character, he having killed q
man on Red Cloud road some time
ago.