NEWS BY THE SAN FRANCISCO MAIL.
[From Exclumges.] Lon pox, January 20. The Cornish Lank at Truro faiT-d aft,or an existence of 100 years. The deposits amounted to Lodl0(),00(). There is great financial trouble in consequence. The City Bank of Glasgow liquidation realised only LBOO,OOO, as a first instalment of calls upon (ho shareholders, instead of L2,000,0't(), nominally due.
Crichton brothers, of Newcastle-on-Tvne, merchants ; McKay and Kirkwood, printers, Glasgow ; Comas and Co , morel units, London, have failed, the latter for LHO.OUO. Hooker and Co., Glamorganshire, ironmasters, have also failed, owing to the failure of the Bristol and West of England Hank. Liabilities, LOGO,OOO. On the 17th a run on the London and County Bank, Lombard street, began from tiie fact that an idle crowd had assembled in front of the building in consequence of a cabman’s dispute. This crowd gave rise to the report that the bank was in danger. Distress to a fearful extent continues in the manufacturing and agricultural districts throughout England. Five hundred agricultural immigrants left in a body for New Zealand. Every member of the North Wales Miners’ Union who desires to emigrate to America is promised L 7. Those who go to Australia receive Ll 4. The Norik Wales Slate QuarrymeiVs Union offer the same terms. The distress in England is specially prevalent among the class which is most defenceless, namely, the lower middle class, such as bank clerks, commercial travellers, and such like. By the failure of large manufacturing concerns, it is believed that largo numbers of those poor people arc deprived of their means of sustenance, and arc suffering terribly in consequence. Unlike the laboring classes they are unable to turn their hands to anything, and simply starve, being too proud to beg until really in extremes. Some pitiable cases of this kind have been discovered. Strikes against reduction of wages or extension of hours have taken place among the miners in South Yorkshire and North Derbyshire ; in the wire trade at Warrington ; colliers in several places ; fonndrymen, shipbuilders, and housebuilders of Bangor ; the weavers of Carlisle ; and the engineers of Hudderslield, Most dreadful scenes are witnessed in onr immediate neighborhood. The newspapers teem with instances of intense hunger and destitution, only one of which I will give as a sample of the rest. A butcher missed a large bunch of “lights,” which he had seen hanging outside his window a moment before. Going to the door ho observed a scarecrow of a fellow making off with it quickly. Fie followed him unobserved, picking up a policeman as lie went along. They went into the man’s house, only to find him, his wife, and children tearing asunder and ravenously devouring-the “ raw material ” just stolen. A family of four persons at Darlington, England, being in distressed circumstances, recently put an cud to their trouble by stopping up (lie chimney, and lighting a coke fire in the room. Lord Derby, speaking at Liverpool, showed how the increased ability of other nations to manufacture for themselves was constantly diminishing the market for English goods, and how difficult it would be for England to keep on paying large sinus of money in return for articles of food which she was compelled to purchase from Anierica and other countries. The only remedy, Jus Lordship said, which suggested itself to his mind, after long and anxious reflection, was wholesale emigration to America and Australia, and he urged this with great earnestness. The Nihilists arc irnv rampant, and in their determination to put down Nihilism the Russian authorities are goinghfar to render freedom of speech and opinion impossible. Tile central authority of the State is becoming the object of intense detestation, and of elaborately organised conspiracies. Private ci rrospomlcnce, of an absolutely trustworthy character, states Vthat in the war with Turkey, Russia Ibst 100,000 men killed and 150,000 wounded. The .Russian exchequer is exhausted, and the loss of men in the late war is sorely felt. An attempt to float a new loan lias failed. A grand national exhibition has been proposed at Moscow for 1880. The Russian Press has adopted a con ciliatory tone towards Britain. European capitalists refuse Russia the loan unless her armies are withdrawn from Turkey, and no fresh wars me undertaken in Asia. The articles of the definitive treat} 7 are agreed to, and the peace proposed accepted by Russia. The latter reduced the indemnity claim by 100,000,000 roubles. The construction of a barracks for 150,000 men on the Constantinople line of defence has been ordered. Prince Bismarck introduced a Bill into the German Reichstag to punish members for words spoken in debate, and handing them over to the Courts. Also for opening all letters on the frontier. These measures are said to be directed by the Empemr himself. In Germany not a day passes without persons who are suspected of complicity in Socialistic designs receiving peremptory orders to quit the country. There is quite as much industrial and commercial distress in the Fatherland as in Britain. The plague at Astrachan is assuming serious proportions. There were 400 deaths from the disease np to January 4th. At Naratzln 173 deaths occurred. The mortality is estimated at per cent, of the population. Germany joined its sanitary forces with those of AnstNa in attempting to stem the course of the Astrachan plague westward. Some Mormon wives appeared before Congress to speak against the Supreme Court decision, which declares that polygamous marriages in Utah are illegal. Brigham Young’s daughter was one of the speakers. The Government of the United States form ally resumed specie payments on .January Ist. There was great rejoicing in financial and commercial circles. Vanderbilt intends starling 7 a lino of eight steamers between Now York and Europe. Sitting Bull and "20,000 Indians came into the United Stall's from Canada. A prominent contractor of Cincinnati has entered into contract to construct a railroad from Jerusalem to Jafla, Palestine. Weston, the pedo-trian, has started to wall: man' highways 2000 miles in 1000 hours, and deliver 50 lectures. Mrs Anderson, an English woman, walked 2700 quarter miles in as many quart or hours. The feat was accomplished in Brooklyn. Harvard College challenged Oxford to a rowing match. The latter declines, |
The Giant Powder Mills at Ban Francisco were blown up. The shock was felt sixty miles off. A' letter from Finland says that Lapland has suffered, dreadful ravages from wolves this summer. One-third of the reindeer belonging lo the Laps are destroyed, and nearly all the young ones. Information received at St. Petersburg from the Government of the various provinces of Russia show's that the loss occasioned by the cattle plague throughout the empire exceeds 00,000,000 roubles this year.
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Temuka Leader, Volume 2, Issue 122, 19 February 1879, Page 2
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1,112NEWS BY THE SAN FRANCISCO MAIL. Temuka Leader, Volume 2, Issue 122, 19 February 1879, Page 2
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