The New York herald., 1874-07-25
w A S HIN G 7 O ~ I.

WASHINGTON, July "a, 1874.
Another Rumored Change in the Cabi-
net-Bristow and the Attorney Gem
cralship-Williams Yearning for st.
Petersburg.
The new Secretary OF tho Treasury has scarcely
had time TO become familiar with the appearance
of his desk to say nothing OF the details Of the de-
partment than IL is reported that he is tired OF the
task and finds 1t uncongenial to his tastes. 1t is
understood that Attorney General Williams will
accept the Russian Mission, more on account Of
the health OF his vile, who has suffered severely
rom nervous prostration since the nomination Of
MIR. Williams TO the Chief Justiceshp, and
requires change OF climate to restore
ner to health, than for any other consideration.
1t will be remembered that Mrs. Williams
was unfavoraby criticised at the time and on ac.
count OF the nomination, and that she has been IN
III health ever since the question was pending.
Her ply ysicians are Of the opinion that she would
be greatly benefited by q foreign journey and
change OF lite. which residence at St. Peters.
burg would give her. General Brlstow would
gladly accept the once OF Attorney General IN
preference to remaining where he is. lawyer
by profession and practice, he accepted bis pres
enr position more to please the President
than himself, preerrlng not to be a member OF
the Cabinet unless 1t were as Attorney General,
and it is understood that he will be gratined in his
Presidents preference for Secretary Of the Treas.
uryis 4ugh McCulloch, to whom, the President
SAYS the country Is more indebted than to any one
else Tor instituiing plan for the gradual retire.
ment Of the legal tender circulation and an ap-
proach to specie payment This is the situation as
given to your correspondent. Secretary Brlstow
in conversation Yesterday said he would cheerfully
exchange his present position Tor that OF Attorney
Gene al, and that so iGr as the report
referred to him he had nothing to deny. About
his successor, he did not believe Mr.. McCuooh
would be the When Mr.. Brstow resigned
the office Of Solicitor General he accepted pest
tion on the Texas Pacific Railroad, the business Of
which soon proved to be OF too speculative char
acter to suit Mr.. Brstow's ideas Of business. Pc
promptly resigned. 1t Is now asserted by his
friends that he does not like the Presidents direc
tioDs regarding the placing OF the balance OF the
funded loan, and this was predicted when he took
the office.
The President mud Secretary OF the
Treasury in Consultation on the New
Loan-Thc Highest and the Lowest Bid.
President Grant was in consultation with the
Secretary OF the Treasury, General Brstow at
Long Branch this morning examining bids for
the new loan. 1t is probable that they will come
to a conclusion this evening, IN which case the
news Will lie given to the public by Tomorrow.
1t is said at the Treasury Department that the
highest bid yesterday was 10l 4 and the lowest
991s.
During the absence Of Secretary Bristow the
duties OF the Secretary of the Treasury devove
upon the First Assistant Secretary. That oi1ical
to-day announced, in an authoritative manner,
that ave don't care a damn for newspapers. We
are going to run this department on business
principles" This remark made on account
OF unlavoraDle criticism published III the admins
tration organ upon the manner IN which the bids
for five per cent bonds were opened yesterday.