The Portland daily press., 1873-10-27
WASHINGTON.
Appointments.


APPOAnsAAAOAsS"
WASHINGTON, Oct. 25.-The President to-day
appointed Ben jamin Garrish Consul at Bor-
deaux, and Franklin Olcutt Consul at Nantz.
Treasury Balances.
Inc following are the Treasury balances to-
day: Currency So 164 $50: special deposits of le-
gal tenders for redemption of certificates of de-
post I'll 1870, 600; coin $81 1868, 513, including
$291 400 in coin certificates; outstanding legal
tenders $3.50, 2S4,S8S.
Silver Lining.
The Secretary of the Treasury has received a
large number OF inquiries relative to the con-
templated issue by the Treasury Department of
silver coin, to take the place of currency in
S making payments by the Departments The
secretary does not know exactly how much
Will be paid ont. He expects it to be conven-
lent for him next week to issue about 100000
In the regular course of business but this will
depend somewhat upon circumstances If gold
should go up. silver would not be paid out, nor
would it be if it were to be sold again to bank
ers for speculative purposes. 1t is not to be ex-
pected that the Treasury will begin now to pay
out silver coin for every purpose aud thus ex-
baust Immediately the entire amount held by
the government. One Illustration of the meas
ure of making such payments was presented by
the Secretary to-day, who said if a person
should present check for 1855 40 the chances
were that he would receive S. 40 of the amount
in silver. The determination of the Department
is to issue silver to whatever extent it can be
conveniently done, and DIS there is bullion suffi-
cent to coin 5000, 900 within week this will be
used as beginning.
The Orsa IMITATION of the House.
WASHINGTON, Oct. 26.-It is generally ad-
mitted that there will be no contest of impor-
lance for the Speakership, Clerk and Door,
keeper of the next House of Representatives,
and that Mr. Blaine, Macpherson and Boxton
will be reelected. Mr.. King Postmaster Of the
House, will not be candidate for reelection
Legrande w. Perce of Mississippi, is the most
prominent candidate.
AbOnt dozen members of Congress are now
here. Some of them have been at the Treas
ury obtaining financ' al information with view
to legislation on the subject of currency during
the coming session. There is no doubt that
numerous schemes will be proposed, including
one for the conversion of currency into bonds
bearing an annual interest of 365.
Increased Receipts.
The Treasury Department has been much
encouraged during the past week by the re-
cepts from customs and internal revenue, there
being an improvement in both from the week
previous They have not fallen off from the
estimates as much as it was expected they
would from the effects of the panic. The re-
cepts of the year will be sufficient for all pub
lie purposes provided that Congress will not, as
heretofore, appropriate money largely in excess
of the estimates. The Departments estimates
for the fiscal year of 1874 are $11 339 1888 less
than was appropriated by Congress. and $18,-
GOO, 900 more than the estimates for the present
year. The>estimates for all the Departments
and Bureaus with the exception of the public
printer, are now in the possession of the Treas
ury Department. They will aggregate about
the same as last year, about $161 100000. ire
spective of the permanent appropriation of
$147. 1856 ,943 not to be acted on for the pay
ment of the interest on the public debt