Show FOREIGN foreignness NEWS DISTRESS ix IN lancashire the tho feeling in england in regard to the pros e ets of cotton manufacturers is very sects pd I 1 inie ifie rent from what it was wag last an august t at that time mills were reopen reopened eyan elan and business was tolerably brisk but af it was found that though supplies of the raw material might be obtained from india or other sources tile the demand for finish ed goods was restricted by high prim prices cg consequently se the mills could not be ru run n at a a profit and manufacturers await awalt the time when india is better supplied with capital forthe for the culture of cotton and railways for its transportation or until the he cotton plant is grown once more on the southern plantations of america A london paper says this is a gloomy prospect for long suffering is exhausting the strength and draining the permanent resources of lancashire scores of manufacturers have recently failed some because they have eni embarked barked ill in rash speculations 0 of f which the tho prosecution of their proper trade trado tra da was the most rash ash r of all he 1 rest doubt their own ability permanently to weather tho the storm balfy alv awo wo ards or three fourths of their 1 air wealth 1 is locked up in buildings and machine ry which are useless for any other purpose than that of manufacturing out of the rest they must live and pay enormous moil s rates and render such help al as they can to their workpeople people the tee machinery is wearing out fa id idleness than in work and no profits are made wherewith tore place it it is only the richest of th the C in manufacturers 3 tile the giants of the trade who can feel feels sture stute ure hat that bat they will survive the crisis while the industry of lancashire is is decaying thousands of operatives have mig migrated abed in search of employment others are afe resigned to their condition as paupers haupers pau pers depending pending ru on the relief committees with witti neither shame nor regret degre many will fare hard this winter jn in hel aej he manufacturing districts of E england angland journal of commerce dec 29 THE RUSSO busso AMERICAN TELEGRAPH Aletter A letter ietter from froin st petersburg notices the arrival there oi of sible sibley and collins who are in russia to push forward the plans for the completion of the contemplated telegraph line via bell beh rings straits across the north of asia to europe they occasioned much surprise in london bythe by the anjou announcement that all the stock of the overland company was taken and that no money was wanted 0 of f any capitalist or corporation at st petersburg too the american visitors received a continual ovation including a dinner at which were present no less than lifty fifty governors besides generals counts and other less distinguished they were favored by prince Gort sch k off with a an n interview and were subsequently presented to the tile emperor before mr collins finishes his work he will llave h ave much to do besides eating cating big dinner dinners with we the koffs an ancl anil lios llos kis at the capital of russia ho he has secured grants rants ranta from russia authorizing the construction krue kruc st tion of a continuous line of telegraph from the mouth odthe of the amoor river to the front frontier ier ler of tile tilt russian possessions des ili iti america with promise of assistance si from the emperor england has given dut aut authority hority to extend tenda extends ex a line through the intervening territory of british columbia alread already russia is making rapid d progress ress eastward tacon to connect st petersburg with the pacific coast designing to embrace in the plan a network net work of wires through makalita Kiak Ma klita hta now how the of european and chinese commerce and from thence to pekin k in also a line across the straits of T ara ry and over the island of lin to Hakoda Hako dadi dl and the capital of japan a i the growth of commerce in the east L ast resulting from the steady en eri croach ments or of the european powers to say nothing of whaling fleet in the pacific and tile sea gives es to this enterprise an importance which C augments from y year CC tr to year there is is reason to look with interest confidence for its success journal of commerce i ITALY the law for the transfer of the capital of italy to florence countersigned counter signed b by y aalthe ministers is promulgated in the official gazette JAPAN the paris has receive received a letter from hallon to the effect that the t e prince of bagatto Na gatto having refused to pay the war indemnity stipulated in the treaty r eaty of peace signed by him ta the iel lel criminal tribunal of yeddo had decided that his two palaces should be razed to the ground and his servants put to death the sanguinary sentence was approved by the and tycoon the temporal and spiritual sovereigns of japan the number of servants killed in the execution of the sentence men and women and children the prince himself had besought the english freno french american and russian ministers to intercede wilh with with the tycoon in his own behalf he having decided to pay all sums due duo SPAIN A terrific hurricane has been expert encee at lisbon nume numerous rous small vessels being sunk the extent of the disaster on off shore is not yet announced LETTERS re received delved at pt sydney from missionaries at the loyalty islands south pacific report extra extraordinary ordina ry wo ce edings by the french at difu the e t frencl french soldiers had prevented ae the n natives attending divine service and put in irons some of the natives and missionaries sion slon arles aries who refused to obey the prohibition hibi tion the unfortunate islanders are 1 it is said treated with the greatest cruelty and many of their leading men have been carried away captives to new caledonia |