The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-06-14
EXPECTED GLUT OF GOLD.

lati0n oil the new coined gold, IL is believed at the
Treasury Department, will soon end this. BY act OF
March last the Secretary OF the Treasury is re-
quired to use the amount paid by Great Britain TO
redeem, so far as it may, the public debt OF the
United States, and the amount redeemed shall
be invested in the five per cent registered
bonds OF the United States, to be held
subject TO the future disposition OF Congress. That
the amount awarded may be available Immediately
upon the payment /. is understood Secretary Rich
ardson will in few days give the required three
months notice. and call In Sl5,50O 1900 in 1ve-
twenty bonds, applying the Geneva award to their
prompt redemption. At the proper time he will
purchase like amount OF five per cents out OF his
own hands There also arises another important
question. The Syndicate have the refusal OF the
entire three hundred million OF five per cents until
placing all but the amount taken by the Secretary
they will claim the commission, amounting to
about three hundred thousand dollars, otherwise
they will not derive any profit from the financial
skill OF the Secretary of the Treasury.
The Report of the Poinris Investicn cation.
Secretary Robson and the other gentlemen who
conducted the Polars investigation will meet this
evening TO agree upon report.
The Geneva Award.
1t has been formally announced by the British
Minister that the payment of the Geneva award,
provided by the Treaty OF Washington on the I4th
day OF next September. The language ofthe treaty,
If literally construed 1t is cOntended by American
members OF the Joint High Commission, would
require Great Britain to pay In Washington the
amount in hard CON- and already diplomatic con-
troversy has arisen as to what the word "coin''
means. The British government contends that
the commercial Specification OF the word is that
which should be accepted for 1t, and q bill OF ex-
change for that amount is all the United States
government could expect or exact. 1t Is not an
ticipated, however, that any troublesome question
like that of the "consequen ta damagesr will grow
out OF this controversy. more important matter
Is now under consideration by the Treasury De-
partment.
The Duty ON Velvet Naturalization
OF the Attorney General.
The Attorney General to-day decided an impor
tan question referred to the Department OF Justice
by the Secretary OF the Treasury, and OF great in
terest to importers. The eighth section OF the
Tariff act of 1864 fixed duty OF sixty per cent on
all ribbons OF which silk was the principal compo-
nent. From the time the act went into effect,
nearly nine years ago, importers OF velvet ribbons
with cotton backs have protested that the egisla-
ton OF Congress- far as it concerned this class
of imports, intended to exact only fifty per cent
duty, and IRON that day to the present most Of the
importers have. paid the higher rate under pro-
test. Recently Judge Smaley, OF New York, decided
in case involving the correctness OF the Treasury
Department, ruling that duty OF fifty instead OF
sixty per cent was plainly intended. The ques-
ton then came before the Secretary OF the Treas
ury whether the Department should acquiesce in
the decision of the court and this decision was re-
ferred to the Attorney General. He concurred in
the opinion of the Judge that fifty per cent was all
that could be exacted. All importers, therefore,
who have paid the higher duty under protest are
entitled to reclaim the amount in excess OF fifty
per cent, and this will necessitate the refunding
OF large sum.
Japanese Minister Mort Contradicted.
Before Mr.. Mort left Washington he stated to
friends that he had rendered his resignation, but
that 1t declined, and that after several months
absence he would resume his functions here as
diplomatic representative Of Japan Members OF
the legation express much surprise at the
Gently published accounts in the newspapers to
his detriment. and say that Mr. Mort possesses the
entire confidence of his government. He lett Mar
settles on the sth inst, by way Of the Isthmus Of
Suez for Japan, intending to visit Vienna on his
return voyage to the United States.
French Priest Drowned.
The body OF drowned man was found this morn
ing, at ten O'Clock, in the Potomac River. ltwa
removed to the station house, and there recog-
nized as Father Anthony Grim, French Catholic
priest. He arrived here about six months ago from
the Indian country, where he had been serving as
missionary For some weeks past he stopped at
Providence Hospital, an institution under the
charge OF the Sisters OF Charity, and went out
early this morning, 1t was thought for walk and
was not seen again until his body was recovered.
He is believed to have committed suicide while
aboring under temporary insanity. No inquest
xyaa mp1 line
turned over to his friends OF the Church for
burial.
Laws Regulating Mining Lands.
private inquiry having been made OF the Attor
ney General on the following subject, the question
was referred by him to the General Land ONCE,
and Acting Commissioner Curtis to-day makes this
statement as the rule Of the Department:-'lf
lands have been entered and patented as agricu-
tural, upon which valuable mines were known TO
exist at the date OF such entry, the parties owning
such mines are In no way debarred from acquiring
the title thereto upon a iull compliance with the
laws and the instructions regulating the disposal
of mineral lands as by express provisions OF law
no title can be acquired TO mineral land under the
acts regulating the disposal OF agricultural land.
In all cases where lands have been returned as
mineral upon the township plot, or where ami
davts were filed with the local land officers al
leging that the lands are more valuable for mining
than for agricultural purposes, II - tAe duty Of the
register anu receiver TO cause hearing 10 deter
mine their true character before allowing their
entry under the Presumption or Homestead laws
Postal Intelligence.
The Postmaster General to-day ordered station
OF the Chicago Post once TO be established on the
west side. TO be known as the West Division sta
ton the service therein to be commenced July /.
THIS station will also be a money order office.
orders were also issued for enlarging the free de-
livery system OF san Francisco and Cincinnati,
authorizing the employment OF seven additional
carriers In the former city and three in the latter;