The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1868-10-19
FROM WASHING TON.

WASHINGTON, oct. 17.--Nothing has been re-
ceived at the State Department confirmatory of
the cable dispatch that basis of agreement on the
Alabama claims has been reached though it is not
deemed improbable by the authorities here
The dispatch gave no indication as to the dispose
tion of the points in dispute between the two GO
vernments; but shouldit prove correct it must be
concession the part of Lord Stanley, as Minister
JohI son has not been empowered to recede from the
position hitherto held by our government.
The Treasury Department.
fractional currency printed for the week, S5l6,l71
Shlpped TO U. ). Depository, Louisville, $4,000
Shipped to U. S. Depository, Cincinnati, 10000
Shipped to Assistant Treasurer, New York. 100000
Shipped to Assistant Treasurer, New ..
Shipped to banks, &c. 35i,3S3
Securities held foT circulating notes, 3i2,O9i,950
Securities held for deposits of public
National bank notes issued for week, lll,8lo
Total issued to date, $40 1925
Mutilated notes returned, 9,Si2,@0
Notes of nsolvent banks redeemed, S3l33l
Actual circulation at this date, 209926,505
Fractional currency redeemed 525,4OO
President Johnson on the Change of
Front.
The many representations made in various news
papers that President johnson would be a candi-
date for the Presidency in case of Mr.. Seymour's
withdrawal are without foundation. There is the
best authority for saying that President johnson
Seymour's name nor intimated wish to be nomi-
mated, or a willingness to accept such a nomina-
uOn, but, on Jne contrary, mas looked upon the
position for a change Of candidates as injudicious
and ill-tmed.
Reciprocity.
So many contradictory statements have appeared
regarding the position of the question of trade with
the provinces of British North America, settle
Inent of the fisheries dispute and the free naviga-
tion of the river ST. Lawrence, that it was cons-
dered proper to obtain correct information on the
subject and the matter stands thus:
Mr.. Thornton, the British Minister here, ad-
dressed note to MIR. Seward in July last calling
att distressed condition ppODlp
of Nova Scotia in consequence of their exclusion
from our markets, consequent upon the termina-
ton OF the reciprocity treaty, and asking MIN TO
enter into negotiations.
Mr.. Seward referred Mr.. Thornton's communica-
ton to Mr.; McCulloch, Secretary of the Treasury,
who replied that the treaty having been abrogated
by the legislative branch of the government he
considered it would not be advisable to resume ne
gotations until Congress should give some intima-
ton of its desire that they should be reopened and
at the same time expressing his opinion that it was
for the interest of the United States that the ques
ton of trade with the British provinces should be
adjusted in some definite manner. This correspond
ence was sent by Mr. Seward to the Committee of
Ways and Means Just before the July adjournment.
In reply to an inquiry by members of the Commit
tee of Ways and Means, Mr. Seward informed
them he was ready to open negotiations for new
reciprocity treaty whenever the committee should
refer the subject to him.
Messrs. Hooper, Allison, Logan, Maynard, Brooks
and Niblack, of the committee, agreed TO make
such report, and MIR. Schenck willing it
should be made. Mr.. Griswold was absont. An
adjournment, however, took place so early That
there opportunity of putting a report before
the House, and hence the matter went over until
the assembling of Congress, with the knowledge
that the Committee of Ways and Means are nearly
unanimous upon the subject, and that Mr.. Seward
will open negotiations soon as the committee
enabled to report.
In the Senate the subject has also been referred
to the Committee on Foreign Relations and it is
known that Chairman Sumner is strongly in favor
of negotiations Mr.. Sumner has frequently stated
that he reported in favor of abrogatng the OLD re-
ciprocity treaty, not because he desired cessation
of trade with the British Provinces, but because he
did not consider the treaty as sufficiently cOmpre-
hensive beneficial to the United States, and that
he believed the proper course to abrogate that
treaty instead of attempting to patch it up, and
then to negotiate new treaty of comprehensive
character which should include manufactures, and
be made in the interest of this country, and not
the former treaty, with apolitcal object.