The Panama Canal Scheme and Financial Collapse Fears
The Bankers Monthly warns of dire Panama Canal financing, estimating completion cost at 120 million, noting bonds at 88 and 56 percent discount. It warns of rising debt near 420 million, suggests a possible collapse, and links potential panics to collateral use in Paris and sovereign credit strains.
MENTIONED IN THIS ARTICLE
Panama Canal
Bankers’ Monthly of
Chicago
M. de Lesseps
de Lesseps
United States
Paris
Centipede Bite Prompts Quick, Unusual Home Remedy
An Albuquer que social figure was bitten on the neck by a centipede while blackberrying. She braced the wound with ammonia and fire, then wrapped soda, keeping calm without a doctor. The swelling subsided and the bite later resembled a minor insect sting.
MENTIONED IN THIS ARTICLE
Albuquerque
Boston Bank Aid in 1861 War Credit Restored Europe
The New York Sun reports an upcoming convention paper from Pittsburg detailing a Boston bank’s wartime actions to sustain government credit. It cites August 1861 loans with Philadelphia and New York banks totaling 150 million dollars that curbed foreign intervention, opened European money markets, and supported Union finances and eventual peace.
MENTIONED IN THIS ARTICLE
New York Sun
Pittsburg
Boston
Associated
Philadelphia
New York
Europe
Sun
Practical Home Missionary Work by Mrs Claflin
A Boston era feature highlights Mrs Claflin’s Loyal League for city children in Newtonville. The club bans oaths alcohol tobacco and instills kindness through meetings duties fines and a playground, earning praise for discipline and rising gentle influence.
MENTIONED IN THIS ARTICLE
Claflin
Zion's Herald
Newtonville
Loyal League
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