Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1871-12-02
WASHINGTON.
december Statement of Public Debt.

WASHINGTON, Dec. 1.-The following is
recapitulation Of the statements of the
public debt: Debt bearing interest in coin:
Bonds at per cent, $l,57T, ,l35, $50; bonds at
5 per cent, S277, 1868, 700; principal, Sl,S54,-
498, $50; interest, S36, ,954, ,S39.42. Debt
bearing interest in lawful money: Certi-
ficates of indebtednessness at 4 per cent,
S67S, 1896; Navy pension fund at 3 per cent,
$14, 100000; certificates at 3 per cent,
$23, 100000; principal, $3S,16S000; in
terest,. $244,760. Debt on which in
terest has ceased since maturity, principal,
81, ,769, ,277.26; interest, $294, ,346.34. Debt
bearing no interest, old demand and legal
tender notes, 1857 7,592, sol rs; fractional
currency 40,166, ,036, ,05l; coin certificates
"a, ,92S, 140. 90; principal 422, ,686, ,977.30 I'M
claimed interest 14,442. IS. Total debt,
principal, 2,31T, ,123, 1886, interest 37,50S,-
357.69, total, 2,354, ,631, ,512.45. Cash in
Treasury, coin interest, 96,256, ,554.84, cur
rency, 10, ,123, ,589.76. Debt, less cash in
treasury Dec. j, 1871, 2, PAS, ,251 ,367.85. De
crease during the month 9, ,462, 2,080.lS. De
crease since March 1, 1871, Y, ,457 ,470.O7.
Decrease March !, 1869 to March /, 1871,
204, ,754, ,413.09.
Bonds issned to the Pacific Railroad
Companies, interest payable in lawful
money, principal outstanding, $64 4,61S,S32;
interest accrued and not vet paid, S1,6l5,-
1850; interest paid by the United States,
Sl2,692, ,4T5.41; Interest repaid by transpor-
tation Of mails, S3,317,9 ,907. "A: balance of
interest paid by the United States, 9,374,-
567.97.
The Secretary of the Treasury issued an
IL
York, calling in million and quarter of
the per cent. certificates.
Internal revenue receipts to-day S1,071,-
164; for November S., ,54l ,S27; fiscal year to
date So, ,29S,9S1.
Secretaries Boutwell,, Belknap and Delano,
were the only members absent from the
Cabinet meeting to-day.
Spinner's Yarn.
NEW YORK, Dec. 1.-Treasurer Spin
ner's report to Secretary Boutwell, states that
Notwithstanding the unfavorable circum-
stances at the time of putting the five per
cent on the European market it has all been
taken at favorable rates, realizing one hun
dred cents on the dollar, while the French
loan put on the market at the same time
realized only eighty cents. He fayOrs the
payment Of interest on our bonds in the
foreign countries where such bonds are
taken, and believes if this system is opened
the remaing loans of four and half per
cent and four per cent will be soon disposed
of in Europe at par. He devoteS consider
able space to refutation of the charges
against him by the newspapers of New York
which have been previously published He
suggests the appointment Of third Comp
troller to audit and settle agency accounts.
He argues an increase of salary to procure
competent clerks.
Cuba.
WASHINGTON, Dec. There was no
mention, whatever, made at the Cabinet
meeting to-day concerning events at Ha-
vana; nor has any recent intelligence been
received from that quarter. II was said
this afternoon, by gentleman prominently
connected with the Administration, that we
have no quarrel with the Spanish authori-
ties, and the return of the North Atlantic
squadron in the Cuban waters was
from prudential considerations only.
The Government viii hereafter and
until better condition of things shall
exist in the Island of Cuba, keep strong
naval force in Cuban waters. While this
viii have no hostile significance, it is de-
signed to be an intimation to Spain that if
that Power is so weak as to be unable to
secure the peace and good order Of the
Island, in case of an inSurrection or other
grave public disturbance, this fleet will be
used in such case for the protection of
American citizens and interests in Cuba, if
needs be, to the full extent of the power of
Government.
The Navy.
The report of the Secretary of the Navy
will recommend more liberal appropriations
by Congress, those of last year being insult
ficient for an effective force, not more than
thirty or forty vessels being now atloat of
the one hundred on the list, exclusive of
fifty iron clads nearly all of whi.h are laid
up and out of service. The Secretary read
the proof slips of his report to-day.
The Mails.
The Postmaster General has, this after
noon, commenced sending 10 different
points copies of his annual report. He en-
closes a note to the publishers, depending
on their honor not to print the report in ad-
vance of its deliverance to Congress. He
viii again recommend the abolition of the
franking privilege, and ask for legislation to
relieve the Department from the delay and
embarrassment of re-adyertising proposals
for carrying the mails in cases where there
have been deceptions and failures by ''straw
BIDS" and to make provision for giving con-
tracts TO the lowest responsible bidder.