The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1880-12-09
LATEST FOREIGN NEWS.
England.
ANOTHER COMPLICATION IL THE BRITISH
CABINET.

England.
ANOTHER COMPLICATION IN THE BRITISH
CABINET.
LONDON, December S.-The Morning Post
says "Anotber very serious difficulty has
arisen within the Cabinet Mr.. ParnelPs
last speech has convinced many OF the min
listers that land.aw reform alone will not
satisfy Ireland. and the advocates OF CO.
ercioD, headed By Mr. Forster, Chief Secre-
tsrv for Ireland, are increasing their dc.
mands for the immediate employment Of
force in order TO maintain the law. The
urgency OF The question has become so great
that there is strong probability OF De-
cember session OF Parliament or Of inn
portant secessioDs from the Cabinet. III Mr..
Gladstone summons Parliament TO propose
coercion he may lose two colleagues, and II
he refuses that course four may desert him."
The dissatisfied members of The Cabinet
are believed TO te the Earl Of. Selborne,
Lord High Chancellor; the Duke OF Argyll,
Lord Privy Seal; the Marquis OF Harting
ton, Secretary for India, and Right
Hon. w. Il. Forster, Chief Secretary for
Ireland. There are also rumors that
Earl Cowper, Lord Lieutenant OF Ire
land, threatens TO resign unless coercive
measures are adopted. These rumors
the general feeling OF dissatisfaction
at the condition OF Ireland is concerned,
but are unlikely to result in any rupture
before the opening OF Parliament, or at any
rate before the new series OF Cabinet
councils begin on the 18th OF the present
month.
Ireland.
THE LAND LEAGUE.
IIrVIIN J6trfuufIPr & Al MEETING. of
the Land League here to-day MIR. L. ID. Sui
hvan vehementv attacked Chief-Justice
May, who. he said, had done more to pre-
judice the trial of the Traversers than the
articles OF the Evening Mail. lie protested
against the TraverseIs submitting 10 be tried
by the Chief Justice, and recommended an
abandonment OF the defence. MIR. McHugh
proposed a resolution that the Land League
recommend its representatives In Parlia-
ment to bring the language OF the Chief
Justice before the House OF Commons i'm
mediately after the Queens speech. An
address TO the people Of Ulster. asking them
to assist in the agitation, which the address
declares is unsectariaD, was adopted.
A circular was read which had been Is
sued by the Grand Orange Lodge, sum-
moning the brethren and loyal people to
purchase rifles aud bayonef5 to resist the
agitators when the occasion arises.
Mr.. Parnell hunted on Monday with the
MARQUIS OF Watrrford's fOX-hOunds.
Turkey aud Greece.
LONDON, December S.-A dispatch from
Constantinorle says. "The note prepared
by the Ministers was sent TO the Sultan for
approval. IL proposes that Greece should
receive considerable increase OF territory,
but that JaniDg, Wetzova, and Larlssa
should remain Turkish"
Improvement of American Credit
Abroad.
LONDON, December 8.-Tenders for
ca. 500, 900 Of India 81 per cent. stock were
opened yesterday. The applications amount
ed to over ETA 800 900, varying from The OIL
cial minimum of 90 10 104{. The tenders
at E103 12s. will receive II per cent. OF The
amount bid for; those above that figure Will
receive the amount bid for In full. The
Endncier, in a discussion Of the foregoing
IN connection with the redemption OF the
American debt, says: The United States
will be apt tofale It's credit as at least equal
to that OF India. II may be questioned
whether, on the issue OF the coming loan for
refunding the bonds falling due next year,
the Secretary OF the Treasury Will be so
liberal as to give 81 per cent. when he can
evidently float bonds at lower rate. The
success OF the loan has strengthened the
market for all irst-class Investments, but
prices are somewhat restrained by rumors
that $500, 900 in gold will he taken to-day
or on Thursday for New York. an operation
which would rendr an advance OF the bank
rate on Thursday to 3per cent. possible.
The Times, in its financial article this
morning, says: The finances OF the United
States may excite the envy not only OF EnR-
land but OF Europe. The unprecedented
rate OF redemption Is having its natural
effect in raising the credit OF the United
States TO the level OF the most staid and
best-paying communities OF the Old World.
In reaching that level the United States Will
only attain the rigbifnl position. A coun-
try which Is so faithful to its engagements.
whose resources are so IimiIless, and whose
population increases with such remarkable
rapidity, ought to enjoy The best credit ac-
corded TO any State In all probability,
should conditions remain favorable, Secre-
tary Sherman will accomplish bis refundiDg
operations ut the rate nearer 3 than 4 per
cent. The very rapidly with which he Is
able TO nav of the debt must aid him most
materially by reducing the supply OF stock.
This acting pari p0sSu. with the augment.
ing demand f,r sound investments, viii
give him an incalculable advantage In bis
operations. $3.50,
The Panama Canal Subscriptions. 9
BERLIN, December S.-The subscriptions
here for the Panama.canal shares already
amount TO 13.000.000 marks.
Rochefort's Petition Rejected.
PARIS. December 8.-The municipality OF
PARIS has rejected the petition of Henri
Rocbefort for q site for monument TO de-
ceased COMMUNISTS -. -