, 1881-03-11
PORT TOWNSEND.

Northern racine stock IN New Ork
was run up rapidly on the announcement
that parties in the interest of the o. K. &
n. Co, were buying acontrolling interest,
which also caused a sharp rise in Oregon
shares.
Upon good authority. though not yet
officially, is stated that Secretary Shermen
intendsto to pay out the five millions already
received from the banks for retiring cir
culatiOn and all which comes in from
that source in the purchase of bonds.
The decision in the Cannon-Campbell
mandamus case was rendered by Asso-
ciate Justice Twiss, who decides that the
court has no Jurisdiction over the COVER
nor. Notice of appeal has been given by
Cannon's attorney.
The Tribune says: Fernando Wood
left his large property to his eleven sur
viving children. He WAS married three
times but had no children by his first
wife. The house and grounds surround
ing it, occupied by Wood when in the city.
are worth over 500, 600, and he was pos
sessed of great deal of valuable real es-
tate in other parts of the city, which he
saved with difficulty from the panic of
1873.
The New York Commercial says: While
it is generally admitted that Gould has
taken hold of the Central Railroad of New
Jersey for an outlet for his Southwestern
system of railways, all of which he med
itates presently consolidating-th Mis-
souri,, Kansas and Texas, st. Louis and
Iron Mountain, and Texas Pacific, his new
move is regarded az nothing more nor less
than ultimate possession ofthe Southern
Pacific road as soon as it touches the
Texas Pacific road at Ell Paso, which it
will do in little over year.
Senator Slator has introduced amend
ments to the river and harbor bill, pro-
posing to Increase the house appropria-
tions as follows: For the canal at the
Cascades of the Columbia river, from $780,
600 to $500, 900; for the Lower Willamette
and Columbi from $45, 600 to $40, 600; for
Yaquina bay, from $4,000 to S25, 900, and
new items as follows: For Coos bay, $40,-
tection of tile beach at Point Adams at
mouth of the Columbia, 10000.
Senator Eaton, chairman of the foreign
relations committee, emphatically denies
the published statement that he has con-
Guided not to call up the Chinese treaties
for action by the senate this session. He
says, on the contrary, that he is confident
that they will be ratified within the mex:
ten days. Commissioner John +. Swift
has arrived in Washington. The main
object of his visit is to promote the ratif-
cation of the treaties, and with this object
In view he spent some time on the floor
of the senate during to-night's session,
cOnversing with various senators.
The death of Senator Carpenter will
make it impossible for the republicans to
control the organization of the next SEN
ate Immediately upon its assembling, even
if Malone or David Davis vote with them,
for the Wisconsin legislature cannot con-
stitutionally fill the vacancy prior to the
second Tuesday after receiving notice
from the governor ofits sexistence. Hence
no election can take place before March
Sth, and it will probably be delayed be-
yond that date as a number of powerful
competitors for the succession are already
in the field. Philetus Sawyer who has
been elected to succeed Senator Angus
Cameron, from eastern Wisconsin, and the
western portion of the state, will now
claim the right to furnish successor to
Carpenter. Among the most. prominent
candidates are Ex-senator Hone, Boss
keyes, Governor Pound and possibly
Senator Cameron, whose present term
expires on the 4th prox.
At the instance of Senator Farley, the
senate committee on commerce, of which
he is member, has agreed to recommend
that California items in the river and
harbor bill be increased as follows: For
the improvement of Sacramento river,
from $4,000, as proposed by the house of
representatives, to S60, 900; for San Joa-
quin river, from 500, 900 to $50 900, the ad-
ditional amount to be expended in the
improvement of Mormon slough; for Will
mington harbor. from $4,000 to $33, 600,
and to itsert an entirely new item of S40,-
600 for the improvements of Humboldt har-
bor. for which purpose the house refused
to appropriate anything. These amend
ments, ifratified by the senate and finally
concurred in by the house will add $lOl 900
to the total now provided by the house
bill for California, which is Sl30,0O0 Far
ley has also obtained the approval of the
senate committee for Slater's amendment
to insert an appropriation of S25 900 for
the improvement of Coos bay, Ogn.
The New York Tribune says: Evidently
the Canadians do not expect the Pacific
Railroad TO draw any trade from our west
ern states and territories. The charter
their parliament has given to the new
syndicate prohibits the construction of
any branches of the line within fifteen
miles of the American border, instead of
reaching out for our trade. They are
afraid that our railroads will grasp por-
ton of that yet to-be developed in their
own northwestern. provinces. and divert
it from Montreal and Quebec. The Cana
dian enterprise, although highly impor-
tant one in it's bearing on the settlement
of Manitoba and British Columbia, on the
problem of dominion in the future will
not be likely to exercise any appreciable
effects on cure ats of transcontinental
trade in this country. We shall have
three Pacific roads in operation before the
Canadian line is built. They will all be
competitors for the China, Japan and AUS
tralian trade and each will possess de-
cided advantage in the matter of distance
from ocean to ocean over the far northern
rival, to say nothing of the better climate
for winter operations.
French, government auditor Of rail-
road accounts. has received from an un-
known person copy of a circular dated
New York, Feb. 17th. and issued by Fisk
& Hatch, IN which the auditor is charged
with unfairness in preparing statements
on which the attorney general based his
recent action against the Central Pacific
Railroad Company. French asserts that
this circular contains such comments and
reflections on him that, in his judgement,
it may require for his vindicaiion publi-
cation of a full statement of the whole
matter at issue between him and the
Central Pacific Campany, which would
include ali correspondence and official