The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1881-11-03

quite as ready to sell
y. There is now little
Fchasing movement grows
de by officers of the COnfed-
ing the late war, Of the sum
the Bank of England, and
this sum, which will lie there
hay be divided pro rata among
|of Confederate securities. tits
bable that the question of the
n of this money may become the
bf diplomatic correspondence be.
leN| he government Of this country and
leat Britain.
The explanation generally of the sudden
Nemand for Confederate bonds, which have
heretofore been reported worthless,
is as follows: At the close Of the late
war there remained in the bank of Eng
land to credit of the Confederate States of
America an undrawn balance which,
according to Solicitor Raynor,
Of the treasury ), dep om 600 h to
SIT 100000. This balance it is said still lies
there unclaimed, and there is a possibilitN,
not prospect that-it will shortly be divided
pro rata am ong holders of Confederate Sc
curities, or at least this step will be
taken to secure such division, In
in reply to inquiries Solicitor Raynor of the
treasury department says that he does not
know officially anything in regard to the
ins,efS about otan this is reported bal.
ance in the bank of England, and that
he is engaged in making Investigations
with the view to ascertain the, fact,
but thus far he has received no
definite information. He says. fur
thermore, that granting the existence
Of a balance he does not see what it has to
do with Confederate bonds or. how
bondholders are to obtain possession Of
it. The money was not deposited
in the bank to secure it, and it can hardly
be applied by the officers of the bank to any
such object A gentleman whose relations
with the state department, have long
been such as to o afford ho hlm sacr an
said in conversation tonight that the I'M
doubted balance, standing to the credit OF
the Confederate States, inthe Bank of Eng
land, amounts to about 5000 with IL
terest accumulations, and that it was
q subject of diplomatic correspondence
during the..administratio of Secretary FISH.
The position taken by the officers "
time was that the government "a the
United States in order to. establish
claim to the money must acknowledge
the existence of the government OF the
Confederate States, and prove that
it, as we'll as the United
States government had yhe rlght
analogous to that Of the admipistrator to'
governments property, as the government
of the United States had
always contended that the goYernmen1
af the Confederate sta ties had newr |
had legal existence, but was. simply an RI
semblage of people in insurtectioa ,'lhcse
conditions prestRted insurIn9dntable OBJ
stacles, and Rer .d,ll consider;
to the conclusion the money could
not be received. Rpinion ofgenteme al
the above quot asses of Confederate
bonds, W now being
made, of a great
specula - so far as the real
vail |ncerned has no sig
Failure.
pvember 1.-Warren
director of the Me-
,un law suit against
debt, caused by neg
lounsel denies he re-
unit stated by Cashier
e cannot assert how his
bank, because Baldwin
mixed up hewas in the
eceiver has not yet been
are no further develop
ldwins operations.
pr AFFAIRS.
November LA state
Merchants National
[ttorney Keasby, shows
gent & Co. has been
RAW its account to
of about $4,000
of last January.
for Prize Fight.
Fember frank White
n, who signed articles of
cber 3 to fight for $500
eather-weight champion
Br choice Of fighting
d the balance of tie stakes.
toss and will have the
playground. The pugilists
lnada, on the 10th inst,
miles of'Erie, Pennsyl-
usts In Rhode Island
November 1.-The /,
n delegation to York
Newport this morn
>panied by members
\Qf reception and |
Net hotel, where |
yard the Wis
1)ossett riding, |
exhibition OF the |
e they went TO
Panama etter.
Liverpool Cou- |
On says Re has
hat Secretary
secretary, has
|tary Blaine's |
Panama