The home journal. (Winchester, Tenn.) 1858-188?, 1873-03-27
FROM WASHINGTON.

The Secretary of the Treasury states that
the use by tho department of legal tender re-
serves will exceed 90, OOO, 900, and it is hardly
expected there will be much over $2,0O0,O00.
The amount drawn from the reserve fund is
for the convenience Of the department alone.
and has no relation whatever to the money
market, and it is not concentrated at any one
place, but distributed in paying warrants to
parties all over the country. There is no in
tention at the department to permanently ex-
pand the currency, and in his views upon this
subject. t..t..
The Senate has confirmed the nomination
of VIM. Y. Elliott for Pension Agent at Nash
vile, Tenn.
Congressman William II. Roberts, in
communication addressed to the Secretary Of
the Treasury, says he directs his back pay as
member Of the Forty-second Congress to be
paid into the Treasury Of the United States.
1t is said that Mr.. Merrick, Of Maryland, also
refuses his extra pay, and that Mr.. Hoar, of
Massachusetts,, accepted his and afterwards
turned it over to charities.
The negro Senator from Louisiana Pinch
back has addressed q communication to the
Republican members Of the Senate, complain
ing that he has not been fairly treated, and
that his claims have been ignored without q
hearing. He holds that he has as much right
to seat in the Senate as Spencer, Of Alabama,
whose election was held under similar cicum-
stances. Had Congress ignored both parties
claiming recognition in Louisiana and ordered
q new election Pinchback says he would have
had no ground for complaint, but the President
has recognized the Kellogg government, and
Congress, by failing to act in the matter, has
| virtually indorsed him, and as Pinchback was
elected by the Kellog Legislature he holds
that he has prinla Jfdcie right to be admitted.
Robert W. Douglas, eldest son Of the late
Stephen A. Douglas has been confirmed Unit
cd States Marshal for the Eastern district of
North Carolina. Douglas was until recently
private Secretary Of President Grant.
In an interview with Herald reporter at
Washington, President Grant is reported as
saying that no changes are to take place in the
Cabinet beyond that which Boutwoll's resig-
nation will occasion. Nevestheless, the finan-
cial policy will not be changed. He hopes to
zee the republic Of Spain well established, and
thinks that by tho end OF the year the inde-
pend nee of Cuba will be secured, Notroubls
is expected with Hayti, and the President
thinks that the Samana Bay scheme will result
in the development of that country, 80 that
our government will ultimately annex 1t for
something like ten or fifteen million dollars.
The people of Utah, he says, must obey the
laws. He is satisfied with his Louisiana policy,
and his Indian policy succeeds 30 well that he
has great faith in it. His visit to st. Louis
will be made when the first opportunity of
business will permit.
-Ketdama, a Japanese law student, in
Washington, has been elected to deacons' or
ders by the Baltimore Methodist Conference
and admitted to full connection. He will soor
return to Japan.
Congress having failed to take action or
the matter, it is reported that the Secretary OF
the Treasury will issue the forty-four million
of legal tender reserve There is strong
pressure brought to bear from the West ant
the South, where moro currency is wanted, to
get the Secretary to act Immediately. o
course it meets with opposition from the East
ern bankers and capitalists. The Senate Fl
nance Committee made a report against thu
power of the Secretary to issue this reserve
but it was not acted upon, and Boutwell, thinks
he is free to act. He is Of opinion that thu
business of the country demands more cur