New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-10-25

Meeting Of the Center ennial Board of 1
nance.

| Meeting Of the Centennial Board OF FL.
PHILADELPHIA, October 24-The execu-
| tive committee of the Centennial board of
finance met to-day, and made arrangements
tor trip of the committee through the
South, with the object Of awakening an in
terest there in the centennial enterprise.
The first place to be visited will be the fair
at Macon, Georgia
The Republican Majority in Pennsylvania.
The official majority for Judge of the
| Supreme Court in this State is Ia, ,294.
| To Resume.
E. w. Clark e. Co., bankers, will resume
| to morrow.
| Bankruptcy.
In the United States court to-day, Ped
| dan, of Frank N. Steers & Co., presented a
petition praying for adjudication of bank
ruptcy against Jay Cooke e. Co., Of whom
he is creditor to the extent of $1,000.
Judge Cadwallader granted an order to
show cause, returnable next Wednesday.
The National Board of Trade.
CHICAGO, October 24.-The finance com
| mittee of the Board of Trade presented q
| report for the resumption of specie pay
ments and the redemption OF greenbacks in
gold after the first Monday in July, 1877,
the redeemed notes to be available for pay
| ments by the United States other than
existing laws; greenbacks shall continue
legal tender for public and private debts;
that for the purpose of regulating the cur
rency as furnished by said treasury notes,
and providing tor its expansion or contrac-
tlon, at seasons when such changes in it's
volume are called for by the business of the
country. the Secretary of the Treasury he
authorized to issue in exchange for su oh
treasury notes registered certificates of
debt, in sunni of not less than $500, or any
multiple thereof, which certificates shall be
at an interest Of three and sixty-fve-one
hundredths of one per cent per annum.
The certificates so issued shall not exceed
fifty millions of dollars, in whole, and said
certificates shall be redeemable at the will
of the holders thereof in treasury notes of
the United States of denominations now in
use, and upon such redemption the interest
then accrued on such certificates shall be
payable and paid. And the certificates 80
redeemed shall be Cancelled and destroyed,
but new certificates may from time to time
be issued in their places, and the amount of
certificates so redeemed, if the same shall
be demanded by the holders Of United
States treasury notes and certificates so
issued, shall not be used for or computed in
reserves now required by law to be paid by
national banks tor the payment of their cirs
culation deposits.
The report was made a special order fols
tomorrow afternoon.
The Board of Trade discussed the trarss
portaton question in five minute speeches.
Mr.. Allen, of Philadelphia, believed Cone
gress should control the water as well aa
land transportation.
Mr.. Burwell, of New Orleans, favored
water routes. He thought the Mississippi
the cheapest outlet by thirty per cent.
Mr.. Lotshaw. of Kansas, thought ths
remedy was in competition instead Of Conc
gress. He urged Kansas City as the termie
nus of the Grand Trunk line
Mr.. Peyton, of Richmond, favored the
improvement of water routes.
Mr.. GanO, Of Cincinnati, thought the only
safety Of the commercial community was in
competition, and the improvement of the
water routes. He moved to refer the whole
matter back to committee, to collect facts
on the points involved.
Mr.. Bugsby, of Philadelphia, offered q
motion to refer the matter back, and IA
vOred congressional control of railroads,
Finally the whole subject of transportae
tiOn was referred to special committee, to
report on Saturday.
The resolution to allow citizens to buzz
foreign ships And sail under American colors.
with an amendment, allowing such pure
chase and use on payment Of reasonable
duty, was adopted by vote of 80 to 18.
The Board of Trade adopted the folIowe
ing:
Aesot0e0, Anal congress be memOrializef
to SO revise the tariff that the duties on
commission packages and the cost of getting
goods on shipboard be abolished.
Mr.. Wright, Of Chicago, offered resoluo
tons providing for freer expectation of disc
titled liquors, and giving exporters in ports
Of entry Of the West an equal footing with
others.
This was amended 80 as to include male
liquors, and was adopted.
Chicago Resumed Specie Payments.
About $65,OOO in silver coin was brought
70 this city to-day, by Adams Express
Company, from the Philadelphia mint, con-
signed to one of our national banks and a
irm of private bankers, who are paying it
put at par.
The bullion from which it was coined was
rom one of the smelling and refining works
If this city, which is producing about
300, 900 worth monthly, and all of which ID
will continue to have coined for circulatiors
The Sorry Modocs.
REDDING's, CAL, October "a. - Peopls
'ome from every quarter to see the remnant
# the Modocs. They were sorry looking
'arty. Captain Jacks wife and the Prin-
ess Mary attracted the most attention, clad
n doer's black, tar and ashes, for their
fooHruUED 0M yeUxTA RAoB.l