The Portland daily press., 1872-10-07
WASHINGTON.
Uuited States Currency.

Uuited States Currency.
WASHINGTON, Oct. 5.-In a work now in
course of preparation by Assistant Secretary of
the Treasury Richardson, giving information
on the subjectof the finances with digest of
the various acts in relation to them, he says
that after quoting the law iof February, 1868,
for the reduction of the currency, at this time
the amount outstanding was 1856, 100000 and
that is the limit below which the circulation of
United States notes cannot be reduced without
Congressional enactment Between that
amount and the $400, 000,0 900 authorized by law,
the issue of the reserve of $4 000 900 is left to
the discretion of the Secretary, who has never
since awaited himself of it to any extent what
ever, except on two occasions.
During the month of September, 1869,
about one million and half of three per cent.
demand certificates came in Suddenly for re-
demption and were paid out of this reserve but
the amount SO withdrawn was paidSwithn two
weeks and was again restored thereto.
Various Matters.
Secretary Robson returned last night, and
resumed his official duties this morning.
The customs receipts for the week ending
Sept 2S. were as follows: New York, $3.50,
3O1; Boston, $685., 374; Philadelphia, 1S3,O63.
The only official information concerning
the San Juan arbitration is that the de-
cision will be made early this month.
No appointment of minister to Sweden is
contemplated until the Senate is in session.
The government has taken no recent action
plants which would have authorized it.
The United States and Spanish Commission,
though organized more than year ago, has not
adjudicated any claim.
DR. Towards memorial has not yet been re-
ceived.
Minister Nelson has informed the Depart
ment of State that there is prospect of the
Mexican government soon appointing conf
missioner in order that the business before the
United States and Mexican Claims Commission
may be resumed.
There are now ISnety cadet nidshipmen at
| the Naval Academy from June and September
examination, including one japanese and one
| cOored boy.
Indians at Church.
| WASHINGTON, Oct. 6.-The delegations of
Indians now here, dressed in fanciful costumes,
attended services to-day at the Metropolitan
Methodist Church. At the CONCLUSION of the
services the character of the exercises was ex-
planned to them by the preacher.
Delegate in Congress.
| f. A. Boswell (Republican) having withdrawn
| as candidate for Delegate in Congress for the
District of Columbia, the contest is now be-
| tween Gen. Chapman (Republican) and the
present incumbent and +. G. Hine, who will be
supported by the Liberals and Democrats. The
election for Delegate in Congress and mem.
bers of the lower House of the Territorial Leg
isature will take place on Tuesday next These
are the only elective officers i'll this district.
The Mixed Commission.
The United States and British Commission
had long session yesterday and closed the
proofs in a large number of claims and extend
ed the time for taking testimony in others. The
following cases were disallowed :-Lawrie, Son
& Co. VS.. the United States, for personal prop
erty destroyed by the United States army
Samuel Irwin & Co. vs.. the United States, TO
personal property destroyed by the United
States army; Edward McHush VS.. the United
States, for illegal Imprisonment by the United
States; Elizabeth Sherman, administrative, VS.
the United States, alleged imprisonment of he
husband by the United States. The Commits
sion adjourned till Oct. 28th.
Payment of thcyGeneva[ Award.
1t is anticipated in official circles that tn
award made by the Geneva Tribunal VIII b
paid before the expiration of twelve months 9
the announcement this being the treaty limit
The money will be paid to the Department @
State, and as there is no law concerning tn
disposal of it legislation by Congress become
necessary for that purpose.
Large Sale Of Gold and Purchase Of
Bonds.
With view of easing the money market
Secretary Richardson has directed the Assi'
tans Treasurer at New York to buy $4,000, 00
of bonds and sell $5,000000 in gold on Monday
the 18th inst, subject to the usual conditions
| monthly purchases of bonds and sale of Golt