NEWS BY THE SAN FRANCISCO MAIL.
«. GENERAL SUMMARY. [Per City of New York, via Auckland.] The City of Glasgow Bank failed on 3rd October for £5,000,000, in consequence of large advances on American securities, grain, and real estates. The valuo of the latter is much depreciated. Smith, Fleming, and Co., East India merchants, Leadenhall street, are_ liable for cash advances amounting to £853,000, and acceptances for £900,000. All the directors of the Bank aro arrested, charged with fraud, and confined separately. Of these, W. E. Taylor is ex-town collector of Glasgow, a member of the School Board, and partner in a large grain dealing firm in the West of Scotland. Inglis is a lauded proprietor in the East of Scotlmd. Louis Potter is a member of a large shipping firm in Glasgow. Scotland Wright is a member of an East Indian firm in London and Glasgow. Robert Salmon was manager of the Glasgow Bank when it stopped in 1857. Stewart is an Edinburgh merchant. The arrests created a great sensation,but met with general approval. The Crown authorities appointed a lawyer officially to investigate the affairs of the Bunk, the research to extend back to 1857. The report is the most gloomy forebodings. The loss, £5,100,083, which, with the addition of £1,000,000, the capital, the shareholders will have to make good. Tho report shows systematic deception. A call has been made on the shareholders for £SOO per share. Steps are being taken to organise a relief fund lor the shareholders. Nicol Fleming, connected with the bank, has absconded, chirtering a steamer for the coast of Kintyre, whence ho hoped to reach Spain. A large number of Glasgow and Lonr^ n futures hate f
Among them »r< —Potter, Wilson and Co., Glasgow, for £600,000; Hanna, Donald, and Wilson, engineers, Paisley, for £70.000; Westwich and Co., merchants, of London, for £70,000 James Morton and Co., Glasgow, have placed their books in the hands of accountants. They wero largely indebted to the bank. Hugh Balfour and Co., Manchester, for £2,000,000. Five battrripg of artillery and the second battalion of the 14th Regiment at tho Curragh arc ordered to India.
A correspondent at Calcutta telegraphs as follows :—" Unless Shere Ali gives us satisfaction the present occasion will be seized to Becuro for ourselves tho passes piercing the mountain ranges along the whole frontier from Khyber to Uolan, and further strategic measures will bo adopted to dominate the Suliman range and Hindoo Koosh mountains."
The Sultan has been asked to intervene between Afghanistan and England. A number of war ships have been ordered to the Persian Gulf from tho squadron of the Admiral of the East Indian station.
The Bombay newspapers announce that the Kyberees have declared in favor of the British.
A despatch from Bombay to London says troops have been ordered to advance from Dera Ghazi Khan, thus threatening Afghanistan from a new point. It is reported that dissensions have broken out among the great Afghanistan chiefs. The Ameer has asked the tribal councils for assistance, and it is believed that tribes, numbering 150,000 fighting men, have assented. The other tribes, with about 35,000 warriors, remain neutral.
The Ameer has freed his son, Yakoob Khan, who is a noted general, from prison. A dispatch from Darjeeling says 200 men of each regimont at Peshawur, and the horse artillery, with forty powder batteries, have gone to Tamrood. A dispatch from St. Petersburgh says if the Ameer is beaten, and his territory annexed to England, Russia will occupy Merv and Balkh, near the Afghan borders.
The Ameer of Afghanistan's force, at Ali Musjid, is estimated at 25,000. An Afghan embassy is to proceed to St. Petersburgh. The Ameer's reply to the "Viceroy was received, and is in substance, "You may do your worst, and the issue is in God's hands." Sir Stafford Northcote admitted in his speech at Wolverhampton the possibility of a renewal of war.
The Government have offered free passages to the families of officers engaged in active service in India.
The organisation of the Quettah column of invasion is approaching completion. It will have six months' supplies by the 31st inst. The French Cabinet is discussing the English and Afghanistan question and the state of affairs in Turkey. The situation is held to be very grave. A movement is on foot in Bulgaria to exterminate the Mahomedans.
Baker Pasha has undertaken to complete the fortification of Constantinople in two months. The British Minister insists that the Turkish slave trade must be abolished.
80,000 Austrian troops have been withdrawn from Bosnia.
Roumania has been recognised by the United States. The British fleet were withdrawn to Artaki Bay, but further withdrawal has been stayed on account of the movements of the Russians.
Turkish money depreciated so rapidly that it is now only one-third its nominal value. Corruption among the Russian army officers is discovered to be widespread. Five hundred officers, including forty colonels, are accused of misapplication of money. The Government at Constantinople has received intelligence that Saad Gedan Pasha, on announcing that he had received orders to surrender Podgoritza to the Monteneurinc, was killed by the Albanians and 156 officers and men under his command were massacred.
Turkey definitely rejects an Austro-Turkish convention.
Pirates have appeared in the Persian Gulf. War between Turkey and Greece is considered inevitable.
A dispatch from Vienna states that Russia informed the Powers of the stoppage of the retreat of Russian troops, and has invited them to join in energetic representations, which Princo Lobanof is instructed to make, in order to induce the Porte to take prompt measures to stop outrages upon Christians. A Vienna dispatch says Russia is still urging Roumelia to accede to a convention, granting the right of passage for Russian troops through her territory for the minimum period of two years. Count Andrassy has so far induced Roumelia to withhold her consent.
The Russian army in Roumelia and Bulgaria still amounts, contrary to treaty, to 153,000 men. 4000 waggons, with Christians, are in the wake of the Russian army. The Sultan declared to Minister Layard that he would never conclude an alliance with Russia.
The Russians refuse to quit Adrianople till the signing of a definite treaty with Turkey. The Czar is contracting the issue of military furloughs, which in no case are to extend beyond February. Russia will make an immediate demand for 3,000,000 roubles. The Russian tariff is to be raised 15 per cent., and an income tax added. The Servian army is to be reduced to a peace footing immediately. The Clyde shipbuilders have reduced wages 7V per cent. The reduction affects 40,000 employees. It has-been quietly accepted. The Eddystone Lighthouso remains uninjured. The foundation, however, is reported unsafe.
The Colonial Trust Corporation of London decided on voluntary liquidation. Wages have been reduced ten per cent at Oldham.
Negotiations are said to be pending between Austria, France, and England to secure an anti-Russian alliance.
James Lawers and Co., of Liverpool, has suspended with liabilities amounting to from one to two millions. The race for the Criterion Stakes at Notmarket on October 21st, was won by Monsieur Phillippe, Lancastrian second, Baron d'Or third.
Count von Bismarck, nephew to the German Chancellor, committed suicide, the caußC being physical suffering. There was a panic in the Glasgow iron trade. The price of pig iron wa3 at one time lOd lower.
Viscount Bury and other directors of the London and Colonial Trust Corporation, which defaulted in its debenturo interest, have been sued and the books of the company ordered into Court.
1000 Glasgow weavers are on strike against the 7>V per cent, reduction in wages. A panic at the Coliseum Theatre, Liverpool, led to a frightful result. Thirty-five men, two lads, and several women were suffocated. There were between 4000 and 5000 people in the theatre at the time. The panic was caused by a cry of " Fire " without cause. By a railway collision at Pontyprid, in Wales, twelve persons were killed and thirty wounded.
A Prussian four per cent, loan was effected with Berlin bankers to the amount of 60,000,000 marks. The Countess Bismarck, Prince Bismarck's daughter, will, it is announced, marry Count Routzan on the 4th of November.
The Emperor William resumes the reins of Government early in December. The German Socialist Bill has passed, and tho central Socialist committee lias voluntarily dissolved. The Socialist newspaper? are also suspended, and will appear under >;ew titles. The Rothschilds have agreed to » Joan to Egvpt of £6,000,000. England, Italy, and France w'« n °t recognise Servian independence t# the civil and political equality of Jews * proclaimed. The Duke of Edinbon* nailed from Marseilles for Canada to welcome the Marquis of Lome. .. , T . , Negotiation* bo!wecn the Vatican and Germany hr<« f f C ;. L . .... Tho rV orfc t ' iat ' the annual military conscrint: -> n i Q Germany is increased by 20,000, jpjenied. After tho passage of the Anti-Socialistic Bill on tho ISth, by 221 against 149, tho Reichstag was prorogued,
Prince Bismarck read the message. Armed with this Bill he hoped to cure the prevalent disease. If not successful in two and a half years he hoped to obtain further concessions. The Emperor William sent 1700 lols. for the benefit of the yellow fever sufferers in the Southern States of America.
The International Peace Congress at Paris is ended.
Rumors of Prince Louis Napoleon's and the Princess Thyra's betrothal are revived. A strong French fleet has been ordered to the Mediterranean.
No more Communists are to be arrested,
Seventeen persons were drowned by floods in Northern Italy.
The Italian consul at Trieste has been insulted by Austrian sailors crying " Death to Italy." An Internationalist named Juan Monkasi attempted to assassinate King Alfonso on the 25th.
The cashier of the Bank of Odessa defaulted for 16,000 dollars. A run on the Bank followed, and 1,500,000 dollars wore withdrawn.
The deaths from cholera in Morocco have reached 696.
11 is expected that the proclamation of war against the Ameer will be gazetted shortly, specifying the full reasons for the declaration. Army officers are ordered to learn the Afghan language. Herr Hoffman, the Imperial Chancellor of Germany, has resigned. A dyke on Damietta branch of the Nile has burst. It is impossible to repair it, and 10,000 men are engaged in building a new one. Great damage was done, and twelve square miles are overflowed, and twenty villages submerged, involving the loss of from 600 to 1000 lives. A despatch from Constantinople of October 23rd contains the following : —The bulk of the Russian forces in Bulgaria are moving southward. The Russian infantry alone in Eastern Roumelia already numbers 80,000 men. Another army corps is near Constantinople. There are 15,000 men in Adrianople. The "Journal de St. Petersburg" stated on October 22nd that, in consequence of an increase in uncovered notes issued during the war, by 500,000,000 roubles, the tariff is to be raised 15 per cent, and an income tax introduced. It exhorts the people to improve the agricultural exports so as to compete with the United States.
The "Golos " says it is considered that a demand for the immediate payment of three million roubles is probable. The New York " Herald's " correspondent at Glasgow telographed on October 22nd as follows: —"The meeting of the shareholders of the City of Glasgow Bank was largely attended. In view of the hopelessness of resuscitating the shattered concern, a strong feeling was expressed by a few prominent shareholders in favor of voluntary liquidation, as being less costly than judicial liquidation and less oppressive to the poorer shareholders. Repeated reference was made to the prompt action of the Crown, and the names of the shareholders who can testify that they purchased shares on fraudulent misrepreeentations were taken down for the use of the prosecutor fiscal. Rumors reach me that further warrants have been issued for arrest of the old directors of the Bank." There have been runs on some of the local buildings societies to-day, but nothing ser.ouslv approaching a panic." On October 25th the "Standard" published a sensational despatch from Yiennn, that the Russian military preparations were now so vast that nobody can doubt that she is bent upon further conquest. The only question appears to be whether she will wait till spring or recommence war before that time. Her excuse will probably be the outbreaks of Bulgarians, which were got up by Ru'sian agents.
A camp of 60,000 men Jis forming at Kischeneff to replace the troops who have crossed the Balkans southward. Russia refuses to evacuate the Dobrudscha or Roumania until Roumania has concluded an offensive and defensive alliance.
Russian agents openly claim that Moldavia as far as the Sereth must become Russian.
The "Times," in a leader, says Russia ventures to stand in the way of the execution of the Berlin Trenty, because she trusts to the forbearance of others. A word spoken in earnest by England or Austria would bring her to her senses in a moment. It is preposterous to assert that our hands can be tied by the Afghan difficulty. We must force ourselves upon Afghanistan to the exclusion of others who have no right there. Our course is clear ; when wo shall enter upon it is another question. It is certain, however, that the decisive campaign will not commence before spring. Our attention will meanwhile be given to carrying out the Berlin Treaty. A St. Petersburg journal asserts that AngloTurkish intrigues are on foot, to spread the Rhodope insurrection to Shumla. The only result of such a move will be to cause Russia to assert her rights as conqueror, and revert to the treaty of San Stefano. All the Powers are too much occupied elsewhere to offer any resistance. A Bucharest despatch says the Bulgarians have been informed from St. Petersburg that neither Prince Nikota of Montenegro nor Princo Milan of Servia has a chance of becoming their ruler. It is believed that the election will be managed quietly, and that Europe will be confronted with an accom plished fact. London, October 25. A despatch from Rome announces that the Ministerial crisis is over. Admiral Briece has accepted the Ministry of Marine. AMERfCAN SUMMARY. San Fbancisco, October 28. The Australian Cricketers won the match with the New Yorkers on the 2nd. The total innings were—Australians, 162 ; New York, 161. The Philadelphia match was not finished on the sth when the umpires called time, and the match was over. The Australians were 40 runs behind, and had only four wickets down on their second innings. This was a drawn game. At Toronto, on the 9th, the Australians were victorious. They finished the first innings with 123 to the Canadians' 100. In the second innings the Canadians scored 54, when the Australians went to the bat and defeated their opponents, with eight wickets to spare. ])uriug the gumo a man in charge of the Australians' wardrobe absconded with five valuable gold watches. On the 10th, a second mutch, between the Australians and twenty-two Montreals, was commencod. Bannerman and Murdoch, for the Australians, made 86 when time was called, as against Montreal's 90. They also beat the Peninsula Club (eighteen) on the Ist. They did not play in Chicago. The party arrived in San Francisco on the 22nd, and was warmly received. Consul Booker invited the Board of Supervisors to attend the match, which commenced at the recreation ground, San Francisco, in the presence of an immense crowd. The matcli was, Australians v Twenty-two Californians, and it ended in favor of the Australians with 131 runs and an innings to the good. The Manhattan Savings Bank at New York was entered by burglars on the 27th, and 2,757,700 dols. stolon.
The hostile Cheyne Indians have all surrendered.
The elevated street railroads in New York have been indicted by the grand jury as a nuisance.
The schools are closed in Virginia on account of the utter poverty of the State. Hanlon beat Courtenay in a five miles sculling race at Montreal on the 3rd by a length and a quarter. Respectable sporting papers accuse Courtenay of throwing away the race in favor of Canada.
James Donnelly, a Scotchman, was discovered in the hold of the steamer Chester on her arrival in New York. Tho stowaway had been twelve days without food or water. The Chcjne Indians in their raids in Nebraska did incalculable mischief. The expeditions of U.S. troops sent against thorn were failures.
A drunken man walked into a New York church recently during service, and plunged a knife into a woman, whom he mistook for his wile, with whom he had quarrelled. An excursion train on a railroad noar Boston was thrown off the track on the Bth. Fifty persons were killed, and nearly 100 injured. They were returning from Hanlon and Courtenay'a race.
The released Irish Fenian prisoners who recently arrived in New York intend to make a statement that the treatment or' political prisoners in England was bo barbarous, degrading, and inhuman as to call for condemnation by the friends of humanity the world over. Bouoicault has subscribed 900 dollars to start them in business.
The October cotton crop returns show 50,000,000 bales.
The blacks at the Danish West Indian Island of Santa Cruz revolted, murdered the planters, and destroyed much property before they were suppressed. Seven negroes outraged four white women on 9th instant, near Mount Vernon, Illinois. The sheriff was killed in trying to arrest them, and they were afterwards all lynched by the citizens. Severe storms have done great damage along the Atlantic coast.
Admiral Paulking, of the United States navy, is dead. The Harvard graduates offer their college boat club 10,000 dols. to send a crew to England.
Frost has made its appearance in New Orleans and Memphis, and the yellow fever epidemic has ceased. The proposed commercial treaty between the United States and France will be defeated owing to the strenuous protest by American wine growers.
Admiral Gore Jones, R.N., was detected in disguise on board the Russian war vessel Europe, in New York, and requested to leave the ship. A meeting was held at the Cooper Institution, New York, on October 21st, at which the released Fenians Condon and Melody, spoke of the barbarities practised in English prisons. The steamship City of Houston, from New York to Galveston, foundered on the 23rd, during a gale. No lives were lost. The constitutionality of all laws bearing on polygamy, in Utah, is to be argued before the United States Supreme Court. By this it is intended to legally settle the Mormon question.
Robert Aulaig, grand chaplain of the Orangemen, at Ottawa, Canada, was murdered recently by the opposite party. He was found floating in the river with his skull pierced by a ball. Hayti lias been visited with a tremendously destructive hurricane.
Gold in paying quantities haß been discovered in Southern Chili.
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Bibliographic details
Globe, Volume XX, Issue 1486, 20 November 1878, Page 3
Word Count
3,139NEWS BY THE SAN FRANCISCO MAIL. Globe, Volume XX, Issue 1486, 20 November 1878, Page 3
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