, 1881-01-16
BRITISH ITEMS.

Special Cable.
LONDON, jan. 15.-The general opinion in
financial circles on the proposed new
funding scheme Of the United States debt
is, so far Us ] eau Judge, that
the ratio Of Interest is too low for short bond.
If it Is brought out under such conditions it is
fancied that comparatively little will be taken
up over here in Europe. Il long date for bond
bearing low interest is deemed essential
FORMS AND CEREMONIES.
To the Western Associated Press.
LONDON, Jan l5-The Court of Appeals to-
day ordered the discharge Of Writs OF attach
uent against the Neys. T. Pelham Dale and W.
E. Enright. The Court holds that the proceed
inss before Lord Peuzauce were regular. and
tho prohibition forbiddlng Dale and Enrfeht to
perform the services must hold good, but the
writs ordering their lmprisonmenr were defect
I've, because they we're brought into the Court
of Oueen'a Bench. Enright will be mme-
diately released. Dale Is already out On bnfl.
The Court consisted of Lord~Justtce James, Sir
William Brett, and Lord-jussice Cotton.
BURNED.
Maynart's cotton-mfll Mt Preston burned.
Loss, 600. The mill contained q 900 spindles.
HANLAS.
LoNpos, Jan. ia quantity OF drift-ice IN
tho river makes possible tho postponement OF
Mondays race between Han1au and Lnycock.
great disadvantage. caused by extreme cold md
fogs. If the weather Monday is foul it is
thought 1t will tell In favor OF Iaycock, whose
rowing weight will be It's pounds; Hanlan's Isl
pounds. Laycock will row with u ruddcr. which
will be OF much service in the event Of u cross
Wind :Hanan refuses to adopt the rudder.
HauIap will TOW in the 6ame boat
and with the same sculis he used in the previous
race He will be piloted by Drewitt. Trickett
will pilot Laycock, who will TOW in n new bout
Hanlnn thought it advisable to return after pro-
ccedlng half a mile up the river. Odds we're
nine to four in favor Of Hanlan.
A. MINOR scuLLEEs' RACE
over the full co,1rse. from Putney to Mort1ake,
took place between D. Goodman and ]. Ander-
son for Ell0. The race was won by Anderson
NINE PERSONS DROWNED.
Tho ship Leonore, Cppt. Bailey, sunk or Har-
tlepool in collision with the steamer John Dix
m. Nine persons were drowned, including Capt
Bailey.
COLLISION ON THE MEI.sEY.
LryERpoo1 Jun. 15.-The steamer Lord Give,
for Philadelphia, the 18th, was damaged in col
lision while at anchor III the river. The vessel
is reported to have her fore compartment full OF
water.
WORK STOPPED.
Owing to tho scarcity Of coal, caused BY the
strike of tho Lancashire miners, several mills
and foundries have been stopped, and distress
among the working classes IS apprehended.
THE EXPLOSION.
The explosion at Stafford, supposed to have
been caused by Fcnian attempt to blow up the
armory Of the infantry barracks, was heard for
the distance Of mile. The barracks arc in
very populous district. L woman and bog
wero probably fatally injured. There we're sew
f4al thousand stand Of arms In the arlnory at
tho time. There was ycntlator in the wall be-
tween the she'd Of tho barracks and the street,
and one theory is that the explosive WIS dropped
through this vcntilator. 1t is ulso asserted that
the regiment now quartered In tho barracks
contains many Irish, and that Fenian!sm had
been previously suspected among them. It is
rumorcd that u fuse hns been found In the
ground near the she'd The damage was more
serious than first reported. In the outer wall of
the barracks hole was made By the explosion
Inrxe enough to admit man,