The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-03-31
WASHING TON.
Postmaster General CresWcII
Going South.
THE TREASURY PROGRAMME.
Operation Of tho New
Coinage Bill.
The Pacific Railroads Earnings
Withheld.
Necessity for Life-Saving Stations ON
the Florida Coast.

leave washington with Senator Coles family for
the Pacific Coast, when the President and Mrs.
Grant will go North.
The Postal Gar Difficulty Settled Salts
ACKNOWLEDGEMENTS General Cres-
well Going south.
The Postmaster General made some interesting
remarks to your correspondent this evening with
reference to the latest action Of the railroads in
the postal Car matter In reply to the question
whether the Settcment of the difficulty not
unexpected to the Postmaster General he
said:-'The railroads were surprised at the in
terest taken in the matter by the whole country.
and particularly by the people of New York
city. Mr. Bangs, superintendent Of transpOrta-
ton, who returned this morning, made
representation to these railroad people which set
them thinking that their proposed withdrawal OF
the postal cars Is a far more serious matter than
they supposed themselves. Yes it proved too big
thing for them to in direct conflict with the
government. or course, In the letter which they
have addressed to me they put 1t upon the ground
that they do not yield, but take their appeal to the
Senatorial Committee on transportation, which
they say has been instructed to treat with them"
81 presume the railroads have been induced to
yield by the irmness which you have shown In the
matterH"
'Wel, the press has been powerful help TO us.
The HERALD in particular has done much to bring
ABOUT IHc present. SeItleHenJ Ol the uIUCulIy inc
vigorous stand has taen in the matter has exercised
wholesome influence upon the railroads. believe
in giving the utmost publicity to all matters re-
lating to the Post ONCE Department so that the
people, through the press, may be clearly informed
on the exact state OF affairs. Thus the matter Is
settled untn the next Congress meets"
"Are they, then, likely to receive increased COM
pensatiOn2'
'They may, but had great deal of difficulty
to get the $780, 900 increase last session 1t all
that could have got through, even had tried to
get more. hope the next Congress will be more
liberal. l can assure you the settlement Of this
difficulty is great weight Off my mind, for it
might have caused arrangement in the business
OF the country"
In the course of the conversation the Postmaster
General gave the following important information
to your correspondent
81 expect to leave tomorrow evening or Tues
day morning on a trip to the South, in company
with Senator's Howe ana Cameron We shall go,
in the first place. to Charleston, and then con-
tinue the trip further South. l shall be gone
about two weeks unless some trouble happens
again in the meantime requiring my immediate
presence in Washington. The strain of work has
been very severe upon me all last season and need
| some recreation. intended to start about week
ago, but this postal controversy arose and
is, however, to inspect the postal service in the
South in order to see what improvements can be
made. for which there is plenty of rOom although
think the service has been much better done of
late than in former years"
After some further remarks, not of public in
terest, your correspondent departed, wishing
BON Ooyage to the courteous Postmaster General.
The Treasury Programme.
The Assistant Treasurer at New York has been
directed to purchase $50O, 900 bonds Wednesday,
April o. and Wednesday, April %, each, and to sell
$1,000, 900 of gold each Thursday during the month
Of April thus purchasing in all $1,000, 900 of bonds,
and selling so, OOO, 900 Of gold.
Treasury Hints for Wall street.
The financial programme for April was announced
early to-day, and Ia understood to be in accordance
with Secretary Richardson's assertion that he be-
lieves In limiting the legal tender circulation to
the minimum Of 1856, 900. The large sale
of gold and small purchase OF bonds will
enable him to increase his currency balance
and not compel the Treasurer to draw upon
the reserve to pay the Indebtedness OF the govern
ment. The public has Inexperienced the action
OF the Department in suppOsing that whenever the
reserve is drawn upon it is done by order OF the
Secretary II is not 80, and the best evidence OF
change OF public opinion is the seeking for
affecting the money market outside of the Treasury
Department
The Union Pacific and Central Pacific
Earnings Retained by the Govern
mcnt.
Il is understood that an order has been issued
from the Treasury directing the retention of the
whole amount OF the earnings OF the Union Pacific
and Central Pacific Railroads for mail and trans
portation, IN order to carry the recent law Of
Congress on the subject.
The Washington Anniversary OF the
American Tract Society
this evening was addressed by Vice President VII.
son, Senator Ferry Judge Strong, Rev. DR.. Ziebert
and others. The donations and egaces for the
year were $126,s33. The benevolent expenditures
slightly exceeded the receipts The society prints
In 143 languages and dialects OF the 263 missionary
colperteurs aboring in thrty-four States and Ter
ritories four are converted Cinnamon, and are en-
ployed on the Pacific coast The grants Of pubca-
lions for the year averaged nearly one hundred
dollars worth per week.
The Mixed Commission on British and
American Claims
disposed OF fifteen cases last week, awarding about
fifty thousand dollars The Commission have, thus
far, settled $50 cases, leaving 21s the docket,
the larger part of which ready for hearing.
The commissioners are confident they can close
their business In September next or within the
fixed limit of the duration of the Commission.
Necessity for Life-Saving Stations on the
Coast OF Florida.
Mr.. Kimball, of the Revenue Marine Bureau OF
the Treasury Department, with Captain Merryman
and Captain Faunce, leave for Florida next week
to examine into the commercial necessity FOR life-
saving stations on the coast OF that state. In this
connection it Is interesting to know that the actual
annual loss by wrecks on the South Florida coast,
according to accurate statistics on file in the United
States Court at Key West, averages nearly five
millions OF dollars. From 1s4s to 1859 the value OF
wrecked vessels and cargoes on that coast was
s22 s27, while in 1870 the loss was much above
the general average. This includes both the salvage
cases and the unadudicated cases These statistics
have been compiled not only for the purpose OF Sc
curing commercial protection on the coast but as
an argument in favor Of the project Of an inter-