The New York herald., 1873-10-30
WASHINGTON.
WASHINGTON, Oct. 90, 1878.
OpJecs or the Government In Paying

WASHINGTON, Oct. 20, 1878.
| OnJect or the Government In Paying
Silver.
| AS there appears to be some misapprehension on
the part OF the public In relation to the purpose o
the government in paying out silver coin the ioL
| lowing explanation has been furnished by the
/ Director OF the Mint -
| In this as In other countries where gold is the
sole standard or measure OF value, silver coins are
| overvalued Tor the purpose Of rendering them
| inexportable. They are manufactured and issued
on government account the law, however, placing,
prevent redundancy II issued, in times
CT e spnc for osyCaa Change tue such
win not maintain their purchasing power with
the standard coins. Owing 70 various causes
value 20 point at which the government can pur-
chase 1t with gold manufacture 1t into small coin
has recently purchased quantity OF silver bullion
ncard snincens i0r its purposes at Ii2n cents per
eon at shs xsa sna M era sa nS
cents per ounce the difference between
! the purchasing and issuing rate being with.
ten and a half per cent on the gold coin paid In
the purchase: This operation is believed to be .
more profitable one Tor the Treasury and also
more advantageous to the public, In the present
condition OF the money market, than the sale OF
goid @ for legal tender notes, and is not scheme
lor resumption OF specie payments, but simply
compliance with the Mint laws. A dollar in United
States currency will purchase little more gold in
The dollars viii. therefore, soon find their level,
and. unless there be rise in both the prices
circulate concurrenty with paper money. The
government has In the possession Of the Assistant
treasurer, about $780, 900 in silver coin, and at the
mints and assay ofces III silver bullion and coin,
about 81 100000. This stock Is ample for the pres
ent. This mode OF paving out silver coin will be
continued until circumstances shall dictate O con-
trary course as proper. The government will ex-
act the iu scgnorage required by law but VIII
not undertake TO control the disposition OF the coin
after II Is paid out. The coin will then become the
property OF the holders, who may do what they
please with 1t. This course was not decided upon
until 1t had been fully considered by the Secretary
OF the Treasury.
President Grant Accepts nm Invitation.
The President has accepted the invitation OF the
Trustees Of the American Museum OF Natural His.
tory, In Central Park, New York, to lay the corner
stone Of the great freproof ediace now in process
of erection by the Department Of Parks, lor the
permanent occupation OF the Museum. The new
building Is situated between Seven ty- seventh and
Eighty-frst streets and Eighth and Ninth avenues.
The ceremony of laying the corner stone will take
place early next spring.
The Irrepressiblc Conflict in Texas.
Attorney General Williams to-day received a re-
port from United States Marshal Ochiltree of the
Eastern District OF Texas, giving a detailed &C
count Of a serious hostile feeling between party
of desperadoes, led by one Jim Roam, and the col.
ored people on the line OF the Galveston Harrisburg
and San Antonio Railroad, resulting in the afro.
cious murder of two well known and peaceable
colored men, brothers, named Wright, who were
going from the plantation upon which they were
employed to Eagle Lake, on horseback, carrying
sack Of pecans, which they had proposed to sell.
They were met by members or the Roam
party, ordered from their horses, tied together
and shot dead. Friends OF the desperadoes
say that the difficulties began by Roan the
leader OF the desperadoes, who had been depu-
tized by constable to arrest q col0red man, and
upon his resistance struck him over the head and
severely wounded MIN. Roam was arrested and
tried but acquitted and 1t is alleged that on the
following night his house was fired into by un-
known parties, but neither he nor his family were
there
This seems to have been the origin OF the organ
izati0n OF desperadoes against the colored people,
eliminating IN the murder OF the wrights, which
creates much excitement among the citizens
There is danger of further difficulties between
the Roam gang and the negroes which may result
In further bloodshed at any moment. as Roam and
his associates, as well as many Of the colored peo-
pie In that neighborhood, go heavily armed.
Attorney General Williams, whose attention has
been called to letter published in the st. Louis
papers, dated May, 1879 purporting to have been
written to him by J. A. Williamson, in reference to
the Wright case and speaking or an arrangement
to select jury favorable to the government, &c.
says that the entire letter is forgery, he is in
formed by Mr. williamson and that no such letter
was ever received by him or was ever on the files
OF his department.. Wright, 1t will be remembered
has had charges preferred against him in connec-
tion with certain Indian frauds
General Van Buren, at the White House.
General Van Buren,, ex-Chief Commissioner of
the United States to the Vienna Exposition, had
an interview with President Grant to-day, having
had one with Secretary Fish previously. The Gen.
erals object was to dsabuse their minds OF the i'm
preston that he had spoken Of them disrespect-
fully, his strongest condemnation being applied to
the unfriendly reports of Minister Jay in which he
was condemned. rs he alleges, unheard. He stated
to friends in private conversation that he was de.
termined to vindicate his character from all asper.
sions.
A Man who Wants to Run the Govern
ment.
The policeman on duty at the Presidents house
to-day took into custody crazy German, who was
lettering about the premises. When questioned he
stated he had been appointed to take charge OF the
United States government and had walked all
the way from Massachusetts, He demanded to
see the President forthwith. He was conducted
to police headquarters, and among a vast
quantity OF papers and rubbish on his person was
q hand stamp. which makes the impression in cir
cular form OF the legend, "U. s. Government, -
and across the centre PRESIDENT 1t is likely the
unfortunate man will commence his SUPER
vision OF national affairs at the government insane
asylum.
Flock of Crows mt the Indian ONCE.
The delegation OF Grow Indian chiefs, why have
been here for several days, had q final pow-wow
this afternoon with the Commissioner Of Indian
Affairs, and after considerable talk and objection
acceded to his proposition for settling their griev.
ances They wanted their reservation In Montana
enlarged and Commissioner Smith promised
to recommend to Congress the extension
OF Its boundaries. They demanded to be paid on
account OF the money due them 800 each while
here. but they finally agreed to be content with
$50 each In silver. They particularly insisted that