A HEAVY DEFALCATION INVOLVING INSURANCE AGENT PRIN DLE
Henry Prindle, agent for Atlantic and Pacific Insurance of Chicago and People's Insurance of Philadelphia, vanished after a wave of defalcations. Suits filed in Philadelphia attach remaining assets as losses range from 60,000 to 100,000 reacting to the collapse. Prindle reportedly left aboard a steamer to Europe last Saturday and sent his family earlier. Philadelphia despatches confirm the People's Fire Insurance Company collapse and larger misappropriations estimated around 300,000.
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Oung
French Assembly Debates Dissolution Motion in Paris
In Paris the Assembly resumed the dissolution debate. Depeyre and Tour argued against dissolving the Assembly, citing republican laws and orderly processes. Duval and others urged dissolving to ease trade unrest, but Malleville’s dissolution motion failed 332 to 374, Duval’s similar proposal was withdrawn.
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Germany and the Insurrection Aims in Spain
The Morning Post reports Germany negotiates to suppress the Carlist uprising and seeks recognition of the Spanish Republic with Russia opposing intervention. Berlin notes a German squadron's coast visit may influence Spain, while Le Temps says England, Germany and Italy plan joint frontier surveillance.
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