Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1873-11-14

EASTERN DISPATCHES
f.r.c,AI TO re, GOLD HILL DAILY xrws.l
o o M EsrIo IMTELLIoEHoE
Spanish Barbarity.


NEW York. Nov. 14.-The Sun says
it is said among Spanish residents OF
this city, that in addition to those
whose execution is already reported,
every soul found on board the Virgin
ius, at the time Of her capture, has
been put to death. According to this
statement, not one American witness
OF the affair Is left alive.
Investigating.
Tie Directors of the Pacific Mail
Steamship Company are making inves
LEGATIONS to ascertain where goes tho
81. 900, 900 earned and spent annually
by the company. President Bradbury
hopes to obtain a loan Of $500, 900 upon
the company's real estate in Califor-
mia.
Currency Projects.
CHICAGO. November 1.-THE Tri-
bune's Washington special says that
points in the forthcoming report Of
the Secretary OF the Treasury, which
have been developed by repeated In
terviews with him, are In the main as
follows: He will recommend that
the IA, 900, 900 legal tender reserves
be made a part Of the permanent cur
rency. The Secretary says that
whether he go for Initiation or con-
traction he will make enemies, but
he is on good terms with himself and
thinks lie has saved the treasury once
or twice already. He will favor the
convertible bonds Of small denomina-
tions, beginning as low down as $25.
bearing one cent a day interest and
convertible into greenbacks ut pleas.
ure. The old bonds Of higher denom-
nations will Of course be drawn In as
the small bonds are put out. The oh.
ject Of this scheme, as has been often
explained, is to make working people,
servants, labors and the thrifty classes,
have all interest In national securities.
1t is thought that this issue Of small
bonds will be favored by both contrac-
~tionists and ex%pansionists. The most
important admission Of Mr.. Richard
son Is that he will probably be a Dor
rover Of gold and greenbacks within
three months to pay the current ex-
penses of the Government and the In
terest on the public debt. Interrogat-
ed OH this head, he said there Is no way
for the Government but to 60 into the
market and buy like other purchasers.
The reason of this policy Is the falling
of of custom duties and Internal rev.
enue receipts. By this policy the
bonded warehouses are filled with
goods which the importers cannot pay
the duty upon. The stopping Of fac
tories has lessened the quantity Of
materials on which internal duties can
be collected. Another suggestion of
the Secretary will attract great atten-
ton. He expects to recommend 10
Congress the restoration of the duty
on tea and coffee. He shows that the
placing of these articles on the free
list has not reduced the price to con-
sumers, and that the congressional cry
of cheapening the poor mans bever-
ages and making a free breakfast
table, has not proved a success; where
as these articles formerly brought 800
600, 900 Of revenue every year. The
Secretary admits having used over
S. 900, 900 of the legal tender reserves
already, but as he feels compelled to
mako this deficit good when he will
have the resources to do so, he will
ask legislation to authorize the
mpaeure.