The Portland daily press., 1881-05-05
Programme of the Monetary Conference.

ion, alter rapid march and turning move.
ment, succeeded in pacifying all the country
reached the mountain stronghold of the Krou-
Mrs on the side opposite to that which was at
tackled by Gen. Delbecque. Some Arabs hav.
ing fred on an officer sent out to observe the
movements of the Chaias encamped on the
plain of Dakla. Gen. Logerot ordered his
troops to advance, and an important cavalry
engagement took place. The French squad
rons made brilliant charge, killing, it is said
400 of the enemy and capturing a quantity OF
booty. The French loss is insignificant.
General evaporation is caused here by a
mendacious letter which Ali Bey addressed to
his brother, Mahomed Ell Sadok, accusing the
French troops of horrible atrocities at Ben
Bachir. "Men and women" writes Ali,
"were slaughtered indiscriminately.i had to
alter my rout to avoid the horrors that met
ming this letter. He hoped to excuse his igno-
minious retreat satisfactorily to the Tunisian
fanatics, and to avenge himself on the French
generals for forbidding him to enter Beja
Gen. Logerot has protested against the letter.
TUNIs, May 4.-Several sheiks preaching a
holy war have been arrested and brought to
TuniS. The Bey has returned to the Bardo
palace believing that it is unsafe in his ordi-
nary residence.
KEFCHERAGA, May 1.-The French camp on
this peak which is in the middle of the Krou-
mir cou ntry, has been evacuated. The column
there has united with two other columns OF
Gen. Delebecque's division at Djebarba This
movement is thought to be preliminary to an
advance further into Tunis.
LONDON, May 4-The Cranicle's Tunis cor
respondent announces that the French have
occupied Beja.
the Beers Growing Festive Again.
DURHAM, May 4.-News from the Transv aal
is disquieting. Gen. Wood has everything
ready for an emergency. A large meeting OF
Beers has been held at Pretoria whereat the
speakers expressed most extreme views rela-
tive to the terms of ultimate settlement.
Herr Most Indicted for Inciting Murder.
LONDON, May 4.-The grand jury found a
true bill against Herr Johann Most, publisher
of Freiheit, a Socialist journal, for melting to
murd er with rider that such publca-
tions are I'M English and ought to be vigorous
ly suppressed.
Proceedings in the Commons.
In the Commons the speaker said be had re-
ceived official notice from the Lord Lieutenant
of Ireland of the arrest of John Dillon, NJ. P.
Thos. P. O'Connor Home Rule) asked sew
al questions touching the abnse of authority.
Mr.. Foster did not answer.
A HON eruler gave notice of his intention to
move to add Dillon to the committee on con-
servancy of rivers
A Stirring Appeal from the National Land
League Of Great Britain.
of Great Britain, touching Dillon's arrest, has
been signed by Justin Mccarthy. 1t urges
Irishmen of Great Britain to evict landlords as
they themselves have been evicted and wreak
vengeance at the polls on the apostates from
liberalism whom they helped raise to power.
The Proposed Memorial to Beaconsfleld.
1t is understood that the opponents to the
BeacOnSfield memorial have represented to
Mr.. Gladstone that the vote on the measure
ought to be postponed until after the second
reading of the land bill. The debate on the
land bill is likely to continue throughout next
week. Some Conservatives believe that a
postponement of the memorial question is de-
sired in order to give an opportunity to the
Radical constituencies to demonstrate against
The Post says: "The resistance of section
in the Commons which owes peculiar loyalty
to Mr. Gladstone is either singular proof of a
lack of discipline or indicates double inten.
ton, which we should be the last to attribute
to Mr.. Gladstone. 1t would not be decorous
that the qualifications of the late Lord Bea-
consfeld for place in Westminster Abbey
should be the occasion of painful dissension be.
tween Mr.. Gladstone and an influential section
of his following who were mainly instrument
al in placing him in power" Conservative
prints declare that Mr.. Gladstone is himself OPP
posed to the memorial and the motion for the
erection of a memorial, was introduced at the
wish of the Queen. 1t is officially known that
the queen expressed Such wish.
The Monetary Conference.
A Paris despatch to the Times says Messrs
Horton and Cernushi have withdrawn their
proposals in the monetary conference, as the
committee decided to leave all questions of
theory to general discussion. The committee
has adopted the following programme, submit
ted by Vrolik, the Dutch delegate;
Have the diminution and. great oscilla-
tions in the value of silver, which have ocs
Cured especially in late years, been injurious
to commerce and consequently to general pros
perity? Is it desirable for the ratio of value
between the two metals to have greater fiXity?
2-Are the phenomena indicated in the first
part of the foregoing question to be attributed
to the increase in the production OF silver or to
legislative measures?
3tIs it probable or not that if a large group
of States accordS free and unlimited coinage OF
| legal pieces of both metals, having full paying
power in uniform proportion for the gold and
| silver contained in the monetary unit of each
metal. stability. if not absolute. at least very
substantial, will be obtained in the relative
| value of those metals?
lin case the preceding question is an.
swered affirmatively, what measures should be
taken for reducing to minimum the oscilla-
lions in the ratio of value between the two
metals? For instance, would it be desirable to
| impose on chartered banks Of issue the oblga.
ton of always accepting at fixed price 1ngOts
of gold and silver offered them by the public!
| Could the public be insured the same priv.
4 leges in countries where there is no chartered
bank of issue? Should the mintage be gratni
| tous or at least uniform in all countries for the
two metals? Should there be an understand
ing TO leave free of all obstruction BtesnatioI-
al commerce in the preceding metals?
| SIN adopting bi-metalism, what should
be the ratio between the weight of pure gold
and silver contained in the monetary units?
This programme gill be submitted at plen
airy sitting on Thursday; when Mesgr9. Thiel
mann and Fremantie will make declarations
on behalf of Germany and England respect
al