, 1873-12-25
Tho Government Considerably Ahead Of the
Requirements Of tho Sinking
Fund Law.
Judge Carter Mentions Some Difficulties
IN the Way Of tho Postal
Telegraph, Scheme.
Union pAcific Lands Sold in Spite
Of tho Government Pro-
hibitiOn.


nistr;ot a,o -, t1,o lat ~ Tormarv will bo |
-ro,n,,,'v mil stntononta 1ovo 1,oon ,nhliahol
aierinn ,ho ino,,itv of tho Dstriot ,rreusuror to
9 ~ ~ s' ~
meet th's aeuana'
THE p1sTn1or roon
Whom jay Cooke l. Co. failetl thoy had in their
handa as snectal douoaits largo B,l1nH
- s.s.. aa,,,r;,,,tod bv c,o,;tob,v.d,s.
pe posed peu PERSONS ont Of which tho unfortunate
inmates Of the various charitable institutions OF
the city wero to be benefited. This money, Of
courso, xvna 1ost. md tho couaoouonco is that d
,raat ,,,o ~ t,,o ,,or ,y,1 m ,yitont f,l,riat
nj nas dinner tomorrow.
a baznar for tho benefit Of tho ol'i'asen's Hos
pital has boon opou for The pnat week. u,iler
ill., .,,Iorvi,op NJ 1nnrv of t),o most arBtocratic
1olica NJ washington. md. mon counting up
tho proceeds to-aays IL was ascor.a'neo .'l''
about $1,000 bud boon received, which WILL go
to mako happy tho inmntos of thnt establishment
to-morrow. Tho affair was conducted by Mrs.
Admiral Danlgtoo.'' 4Aull'''"l io.,ot uA'1sAsol'
tho AliHaea Frolinghuysen, anu otnors; aho "aa
almost exclusively patronzcd by tho representa-
t,vo. of f,rc,on aovortnonfa. and tho dis
t,.,ss..,.l.aa ,saor,a ~oo;,,o-,t 1,oro
nnHo'ehoa psopa' 'on'ooas nsao.
h1cifAhpsoS TO ASswEh eoaohEss:
Attention las been rcoontly callod to tho fact
that in 1888 Inv was passed by
Congress, directing that tho Secretary of
~ s,,a,,,a ,,,oor hof,ro o,tf,or 11onao
tue treasury ai'ou.a "pt.al u'ioAo o'.no' ..o ,as
" Cou6Ies6 letlai.hh I'M ~ ~ aot " l-Ft -
any recommendations WHICH he may haVo 20
nuke, aud to nnawor Win feenTu 70 aty 1uateeta
that might have been rofeffe1 TO UNI oy ssca
HoubeA: The Ivy was passed at tho instance OF
Alexanaof Hamilton. "ho, ~ "as oeotesas "
tho Ireasufy, ana nne lor tuo .,' ae
tive opposition q Ihomas 'enelhaon' tae.a haca1
sec1ey ,sol, o - ''9' NJ othar momsora Mom of tlo
Cabinet. 4 resolution, 1t IL asserted. will p, pc
introduced in the House Immediately upon the
roassemblng Of Congress- recurring secretary @ .;t
1sicharduon to appear, " aecoraance a,. WIN @ Inc
posed to DO particularly valuable, on n. tne
various financial Questions connected % e WIN WIN
Ills department ot interest )nst as :n pFGs-
ent. n ho 's 81. SO cnlloa' t,o WI nacorn, W
tue at aco r. to haGfy 81 ,a sno ad se
requirement to meet. - ,,,.. ,,;u -
There is aomo rrospect, too, that ~! TO
make tho proylBions OF tl.o lnw apply TO 9 Inc tne
memoora OF tho Cabnlot WI ne lh.rVuucou a!!oi
tue recess, az 1t ~ thought tnnt snGn praeneo
could not but proso highly bonohcal 70 al con-
cerned. -.-
m surnEaE COURT UT r nonS-sEhvANTs ,IIE T.,
There nse foaS9ms WY tue , aao m N
M fo cort Of bor
bouy-herTants carrlea oa tno rons w. nGeSen- t, ~
gers ana pald W tnG 1oVeln1nGnt Gn1 snouia 10
taken WIN gram o. allowance. tnola's p.on. ot
apty tnaS tn1 ~ .ou ofaau 1aat 'u tts ta
cabo' .o.,,,.,.u
THE THE h1SK1so FUND: .-,.:.. r..
Tho act Of la62 REQUIRES that sinking iuna !al
OF per gent OF tne nat1otaal aoes 20 o. sGe asao
for It's ultimate hp d m n9
This compounding process nus pnoh opo1a1eu 70
it's utmost advantage IN redemption a. OF tne @ aens
for the past low yeafsi ln9 tno lug iap' as an
az sao"a W hass a5e,atio,.' s'S ~ +,,o
aro now, IN the Fedehptlon " tAe
dobt. several years aheaa OF tne slhKi1nngoamna
regulremensa. Iho sccrolaiy ol tno arens1as ea
eslnates taat ine aaa,9 '. ane a
tno a ann od aof 1np lux. XII 1o M " 10
Gopeross IL Jaunry % to suspend tie anking
luna 1or oup seai. , ~ sno ,Sn 6.ea'.o nr-
that II VIII not ~ any mannot' unae1 ; eas -
lstlng c'rol'aistances, n1o .au,o;,. ~" otoot ~
our paat lheuelal leco.u uu'a,av,y n,ot nntse =
our natiohal ndeer1J III ns'u u 70 sAeMa Ill.,
clear s3o oUo'o1o ean theh pe oioppuo; Wieuou'
question from tno estlmates OF applopf'a'loh' tn
~, UNION rAo1t!C NAlL1uAp y. hasG3. l1's IT., H.
dh9 novo1nment naeceois u el1 uaaiom ~
citic 1ailroad report that owing 70 tho rouaai or
the GoVefnnohs 70 cert'4y latu-9fan1s " tt5
company, they ate 6olalhG ~ sno sea'tseu 'n"a
lands at an average VI Ss.ou " acie
title 10 m 10 pei1ecton tAo ~, Go' oam, an.
mont' tAe lucb - Inv etlcao !I4lae .i4 ~, ~
withheld py executive oreor: necause sne uoia, ~.
pany aas not ye1 p1tla aay " tHo 'tteilss " 40
subsidy bonaH, except IN aofVlee 70 tne .ss. u4s.
urnmont. The Government DIRECTORS lns1ss
upon q sinking fund to be set asido. as re-
alirod by law. for tho redemption Of tho Sub
sidy bonda, aud thon raise tho question whether
tho lRnd-grants' las not lapsod. ThlE
question IL raised upon the conten'
tion Of tho Company that tho road il
not completed as contemplated III tue not pro-
viding for q sinking fund, tlat is completed toi
all purposes Of their claim to subsidy bonds oil
Of which havo been issued. a. well III tue entire
land grants.
THE WHEELER EXPEDITION.
Llouts. Marshall and Tilman. OF the corps o.
engineers, latoly in charge Of two Of tho tlelt
parties Of tho Wheeler expedition. arrived il
Washington to-day. Lieut.. AlurHl.alEn. part,
explored highly interesting region In tht
Rocky Mountains Of Southern Colorado, and re-
turns laden with valuable sciontitlc data. Lieut.
Hoxio, who has been brought bofore tho public
on several occasions III connection, with tho loss
through the dSssron Of some paeako.a Gf arg
cecde1 In making good tho time lost on tllat ac
count, and is represented as having accomplish
| Al. l. ~,