Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1873-02-17

through him, I fear there may arise rnisun
Outstanding, and therefore ask you to inquir,
into it and ascertain whether the commit
tee of the stock exchange still recognize thu
contract; if they do not and will continue my
labors, let me hear from you at your earlies
convenience.
Please preserve the letter.
Another thing, please inquire what is the
selling value of the stock Of the Central Paci
fic of California. and let me know.
Yours truly,
(Signed) c. +. SHERMAN
The witness was examined in regard to the
official report Of Colgate to the stock ex.
change relative to the proposition of Geo. A
Bassett, clerk of the ways and means com.
mittee, and said he had no knowledge what.
ever, except from report and a casual con-
versation with Colgate and Derry, Preside nj
of the stock exchange. Such proposition
was never submitted to the exchange or to
the government committee of that body
which transacts all the business. He assert
ed in the most emphatic manner that no mon
ey had ever been used with the authority or
knowledge of the stock exchange, come cted
with legislation and that there is no general
impression on the part of the exchange that
public legislation could be obtained in Wash
ington by the use Of money.
He presented letter written by John F.
Deuney, chairman Of the law committee of
the exchange, dated February Il, 1873, stat
ing that Mr.. Colgate had always had distinct
Instructions that the exchange would not con-
sent to any payments being made for corrupt
purposes, and that if he could not succeed on
the merits Of case, he was to use no other
means. No payment had been made by the
bureau of claims, except Colgate's salary,
and two small bills for stationery, ETC.,
amounting to about $l26.
The committee will resume the investiga-
ton Monday, when it is expected that Den
ney, chairman of the law committee of the
New York stock exchange and A. NJ. Bayls,
Alfred Colville and Charles g. Chapman, the
sub committee Of the exchange, who had the
claim Of Judge Sherman in charge, will be
present as witnesses.
TREASURY BALANCES.
The following were the balances in the
treasury to-day:
Currency S5lG4, 432 SO
Special deposits of legal tenders
for the redemption Of certif.
Gates Of deposit 2e4, $50 90
Coin 64s, lG3.7S
Including coin certificates 22,s5l 900
The treasury department to-day issued
9',ooV,VW OF new nve per cents 10 the syn
dictate upon the deposit of an equal amount
Of five twenty bonds as security for pay
ment. One million was issued yesterday on
the same conditions. The treasury will now
issue bonds daily to the syndicate as called
for by them.
The postmaster general having submitted
to the attorney general the question. "Should
letters not fully prepaid be charged at the
Office of delivery with double the deficient
postage or only with the balance not pre-
paid" the attorney general has, after full
consideration of the different sections of the
act relating to the post Office department,
given his opinion that letters not fully pre-.
paid at the time of mailing should not be
charged with double the deficient postage,
but with only the actual balance not prepaid.
Immediately on receipt of this opinion, the
postmaster general gave directions that the
postoffce department conform Herewith.
Commander Joseph N. Miller has been de.
tatched from the naval station at New Lon
don and ordered to the photographic bureau
at Washington.