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Washington Notes And News

Washington Notes And News image
Parent Issue
Day
10
Month
May
Year
1878
Copyright
Public Domain
OCR Text

At.Tj Assistant Treaeurors throughout the United States have been anthorizod to exchango silver dollars for grecnbacks. The House Committee on Agriculture have unanimously recommended the passage of Repn. sentative Outler's bill declaring the Department of Agriculture one of the executive departnients. The treasury authorities say tliat the coinage of the new silver dollars from this time forward -will be nearly $3,000,000 monthly. There continúes to be a small demand for the silver dollars themselves, but thero is a groat demaud for the silver-coin certificates. The figures at the department show th at the amount of fraetional currenoy still outstaudiug is 810,805,000. The printiDg of fraetional currency was stopped iü Pebruary, 1870, and, although b large Emouut was on hand at that time, it was mostly destroyed. It is thought at the department that not more than 5,000,000 of the sum still outstauding will ever bo presented for edemption. For the first time in many yeara gold, f-ilvpi', and gxeenbaoks aro practically on an equality at the paying-teller's tvinlow ut the treasury. Silver dollars were jaicl out at par for gieenbacks, and either greenbacks, silver, or gold as might be callod for by those settliug inerest accounte. The currency balance s rapidly increasing on account of the exchange of silver dollars, and the legal tenders thus taken are used again in all currency traneactions. The statement of importa and cxports of tho United Htr.tpR during tho uiue ! montliB of the cunen t fisoaj yè&c, ending March 31 last, shows as follows: Domestic exports of merchandise, $522,581,923; forcigu exporta of merebandise, $10,149,207; totai $533,031.130. Imports of merchandise, 8329,801,629. ExceBS of exports of merchandise over importa, 8203,229,5.01. Exports of specie and bullion, $23,036,092. Import of specie and bullion, $19,749,849. Excess of exports of specie and bullion over importa, $3,310,243. Total exeess of expoita of specie and merchandise over imports. $20G,545,744. The Trensury Department continúes to reoeive information of cases where persons entitlcd to large suins of iutcrest due in gold havo refused gold and tiiken greenbacks instead. A gentleman collectiug interest at tbo treasury in Washington declined to take $3,000 due bim in gold, and made a special recjucst toi greenbaoks. The saving of gold in this way upon the pending payraeute of interest will doubtlMB be very ïarge, and the expectation at the Treasury Department is that it will henceforth make an important element in the increase of gold for resumption purposes. So says a Washington correnj; ondent. Ahonq the valuable public documenta recently issued from the Government printing office at Washington is n volnmo contuining the diplomatie correspondence of Hon. E. B. Washburne during the Franco-German war and the insurrection of tho Commune, in 1870 and 1871, while he was the Envoy Extraordinary and Minister Plenipotentiary of the United States at Paris. This correepondenee is exceedingly interesting, being not only a record of the eminent ; services rendercd by Mr. Washburne during that period, bnt embodying the history of two years of the most exciting events that have ever oecurred iu the French capital or in European war or politics. The National Redemption Agency at Washington makei the following statement for the past ten months: National bank notes disposed of, notes üt for circulation assorted and returnablo to banks of issue, $120,550,000; notes unflt for circulation assorted and delivered to the Comptroller of the Currency for destruction and replacement with new notes, $39,551,900; notes of failed, liquidating and reducing banks deposited in the treasury, $8,775,600. Total, $168,877,500. Same for corresponding ten months last year, $181,090,500; decrease this year, $15,213,000. Decrease during the month of April just passed, $5,619,100. The bill recently introduced in the United States Senate by Mr. Bootli, of California, for the repayment of landoffice fees on certain classes of void land entries, has been reported upou favorably by the Committee on Public Lande. It provides for rofunding all fees and eommissions paid by innocent parties upon locations of soldiers' and sailors' additional humestead claims, subsoqitently cancelad as fraudulent, and applies likewise to &11 oases where homostead or timber-culture entries ure canceled for conflict, or where, from any cause, the entry has been erroneously allowed and cannot be confirmed. The committee recommended its passage, and it will probably receive favorable conBideiation. " TnK biennial publication of the blue-book," says a Washington telegram, "serves to oxplodc tho popular fallacy that Ohic has reeeivod a greater number of appointments, acoording to populatiou, thim any otner Ktite. A careful compilation of this official roster disclosos the toot that Ohio, in respect to the groed of her eitizens for office, is much behiud rnauy otiur States, and that Maine ana Maryland rauk all others as States of ofiiuelioklera. i'row thjs statemeut it oertaiiily appeara that ühio ha beoa bftilly abussit, and that the Exccutive has not as yet done justieo to tho State whieh prodnced him. 'Die compilation of officeholders, both in executive departnieuts at Washington an in tlio foreign service, shows the following excess or dcficiency over the proportion to which the States woiild be entitled if the quota was based npon populatiuii : Muñe, 97: Cuunecticnt, !2; Maryland, 149; Maasnchusetts, C8; íew Hampshire, 44; New York, 143; Pennfiylvania, 53; Virjiniii, 57. The States thut are deficiënt are: llliuois, .')'.); Indiana, 113; Iowa, 59; Miohigan, 13; Ohio, 57; Wiscousih, 45; and New Tersi-y, G."

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Subjects
Old News
Michigan Argus