The Independent. [volume] (Honolulu, H.I.) 1895-1905, 1896-09-07
AROUND TIE WORLD.

NEW DIRK, aug 40 llilIOu,
Hughes e. Co, once A. L. Stewart
& Co., have made an assignment to
G.. M. Wright. The assignment is
without preference. Elihu Root is
attorney for the assignees.
Among the banks the failure is re-
garded as due to gradual decline
Of business. The firms credit for
the last FIVE years has been badly
impaired. 1t is understood little OF
the firms single name paper is out.
The firm has been taking stocks for
several weeks, and recently it was
understood to have received about
100000 which has been used in re-
ducing liabilities. 1t is reported
that Siegel, Cooper g. Co. will take
over the stock OF Hilton, Hughes
& Co.
LONDON, Aug. 2S.-The Westmin-
lister Gazette says, the Bank Of Eng
land is beginning to feel the gold
Withdrawals, and has reduced the
price of eagles and raised the price
of bar gold with the object Of in
ducing shippers to take eagles. The
Gazette adds it is probable the bank
will be forced to further raise the
price of bar gold in order to retain
it, but states it is not likely enough
gold will be withdrawn to cause a
rise in the banks rate of discount.
With gold at the present figure, it
is further stated, it is probable the
bank will permit further Withdrawals
OF seven or even ten millions before
taking protective measures.
LONDON, Aug. 26.-The new Vene-
zuelan blue book, which will be
issued shortly, was forwarded to
Washington on Saturday. 1t con-
tains dispatches dealing with the
condition OF affairs in Armenia dur
ing 1866. The chief point of in
terest is found in the fact that dis
patches are published showing that
Sir Philip Currie, British Minister
to Turkey, in December, 1894, in
formed the Earl of Kimberly, the
then Secretary OF State for Foreign
Affairs, that the Sultan was prepar-
ing to strike terrible blow against
the Armenians in Zeitoun on
Marash.
In an editorial this morning, COM
mencing upon the issuance of the
blue book, the Times says: "We
presume the Governments object ia
issuing yesterday the blue book con
tanning exclusively DIR. Shomburgk's
letters in relation to the boundary
mission stations from 1871 to 1874
was for the purpose of refutipg the
Venezuelan allegations relative to
the alteration and extension of the
Schomburgk's line twenty years
after Schomburgk's death"
Continuing the Times says: "The
blue book disposes Of these myths
very completely, thus refuting and
silencing imputations which ought
navar 10 h,ya baan n,,Ia ,no;,,t
Great Britain"
LONDON, Aug, 2S.-Dr. Thomas
Gallagher of New York, the Irish
political prisoner, was released from
Portland prison this morning, in
charge Of the infrmary nurse.
PHILIPPoPoLIs, Aug. 2S.-Travelers
who have arrived from Constantine
pie say the state OF anarchy con-
tinues at the Turkish capital The
number of persons massacred reaches
into thousands.
CoNsTANTINoPLE, August 2S.-The
Ministry OF Police has appointed
commission OF eight Christians and
eight MusSulmans to inquire into
the revolutionary rioting of Wed.
nesday.
The official account OF the trou.
bles attributes the riots to an organ
lied effort on the part Of the Cen
trail Committee of the Armenian
revolutionists to stir up revolution.
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