Foster.— I'he Connecticut Legislature this
morning. May 10th, re-elected Senator La
fayette S. foster. The Democratic candi
date was Hon. W, W. Eaton, of Hartford,
who in ide a speech in the Democratic cau
cus last night, taking strong grounds
ugaiost Douglas and his doctrines; declar
ing that the seventeen Democratic States
repudiate them, and defending the South
ern view on the Territorial question.
The vote stood in the Senate 16 for Fos
ter and 7 for Eaton; in the House 139 for
Foster and 17 for Eaton.
Periodicals are the dead leaves that
fertilize the soil of literature.
Allan s of the Milwaukee and Mis
sissippi llailroatl Company*
The New York Herald, of the Ist inst.,
contains the following article in regard to
the settlement, of the financial difficulties
of the M, A M. R. R:
“The bond-holders of iheMilwaukee and
Mississippi railroad company, held an ad
journed ineeiing to-day at the office of the
company, and adopted unanimously the
plan submitted by the Rond holders’ Com
mittee for the reorganization of the com
pany;' plat ing the management of the road
in the hands of the bond-holders. The plan
is substantially as follows:
First mortgage on first section, 8 V cent. $030,663
First mortgage on first section, 8 V cent. 647,000
Total $1,2(7,00.
The foregoing and accrued interest may
be converted into 8 per cent, first preferred
stock, or may rem tin as a lien on the road:
First mortgage on third section, 8 V cent. $1,037,000
First mortgage on Southern Wis., 8 V cent. 346,000
Total $1,383,000
The holders of the foregoing are to re
ceive 8 per cent., first preferred stock for
the principal and accrued interest, and,
with the holders of second mortgages, as
stated below, may take the control of the
road.
