The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1875-10-02
From Washington.
Correspondence OF the Baltimore SUM-
rarS1prSTrt 0plrnpy

shadow TO great extent any interest as to
he new Secretary OF the Interior or any
other current topic. The speech OF the
President made at Des Moines marks
the first OCCASION in his life where
his public uttelances have measured
more than Il dem lines of type. This
ncw departure is regarded rs one OF great
significance and Importance. The most sa-
gacions politicians are very decided in the
expression CT the opinion that it is an uner.
ring indication that the President means
business, and that this speech OF his. dealing
AS it do s with live topics, Is distinct notice
to politicians and people that he does Tot
mean 10 be reminded 10 back seat without,
ut all events, a very vigorous and determined
resistance. Some are s,t.sfed, and among
them are more than one personally familiar
with the presidential characteristics, that the
occ ,Sion now availed Of by General Grant is
An indubitable token Of the possession of
that remarkable preScicnce which has seemed
on former occasions to have come 10 him
inst in the nick Of time. That the speech
viii create sensation throughout the whole
C oun'ry is certainly TO be expected, as also
that it will bring the President prominently
forward IN The political arena. 1t looks as
il this presidential sphinx bad arrived ut the
conclusion that for him silence no longer is
golden.
THE CHICAGO CUSTOM HOUSE ROW.
The remova! of Mr.. Ham. one of the ed-
tors Of the Chicago Inter- Ocean, from the
position Of appraiser at that port, has been
very naturally expected by all those here IA
mliar with the pecultr dispt sitiou Of the
Secretary of the Treasury. The Inter.
ocean, which is orc of the stauncbcst Radi.
cal papers in the whole country, has from
the very hegiun,ng Of the personal war inau-
gurated br the Secretary Of the Treasury
against MIR. Delano, TAX n strong ground
IN favor OF the later, aud, as IS said in the
dispatch from Chicago, has teemed with
attacks on Mr.. Bristow. The mate
rial fot most of these attacks has
been furnished from this city by MIR.
Delauo. or by his infinite personal friends
and adherenis. As human nature goes,
it cannot, of course, be wondered at that
Mr.. Dclaro should do all in his power to in
lure Mr.. BriSiow, who has been untiring in
The effort 10 get him out Of the Cabinet.
Neither would it he according to human pa-
ture for Mr.. BriS.ow 10 retain an Off :er Of
his Department who was constantly asSailiug
MIN through the press. AS OF Interest just
now IN connection with this matter, it mly
ne stated that last summer, when MIR. DelaCo
was first informed that Secretary Bris.ow
was try ing 10 &c: him out CT the Cabinet, be
said 10 a personal friend that he intended to
have Bcistox put out. Mr.. Dclano also said
At that time that be had certain letters Of
General BciStow in his possession which
would show that gentleman to be anything
but The imm ,cuate Ie'oIm"r which he was
setting hi nSelf up for. II MIR. Delano really
has any such letters, now would be a good
lime TO make them publc.
WORK AT TIE UNITED STATES MIATS--SILyER
COINAGE.
WASHINGTON. September 30.-The act OF
January II. 1915, to provide for the resump-
ion of specic.pay mcutS, authorizes and re-
l!ires the :. cre.ary Of the Treasury as rapid.
Y as practicable TO cause TO tie coined ut the
rin's Of the Unicd States. silver coins OF the
denominations Of 10, -. and % cents, and
o issue them 10 redemption OF an equal
number and amount OF fractional currency
# similar denominations. DR.. Liuderman. |
lirtc.or OF The Mint Buren,, is now engaged
II pcliecliDg m2aS ureS for the coinage OF such |
pieces TO cra1le the Secretary TO carry out |
he law, The total amount OF fractional cur |
cncy shown bs the books OF the Treasury De-
part1lrut TO be now in circuiltl0n Is S4o,- |
$50, ard it is estimated OF this amount |
,ycr $4,000. 900 are in tCn.cent notes, ST. |
100 GOO 10 fifteen cent notes, $1,000, 00O III |
IL, cent notes. Sl0,000.G00 in twenty five. |
.ent notes, and Sl5.000,000 10 tlty'cent notes.
Hence il will require one dundred and twen.
V million dunes TO retire the fractional cur.
cucy.notes of that denomination, and with |
be nreseut operations of the minis two years
Will be required to coin them alone, unless
he coinage OF all other pieces be sus-
,cuGcd and the whole free assigned TO |
work upon them. Forty million |
quarters will be required TO replace
he - cent notes, and $4,000 900 half dollars
@ rcDIace the 50.cent notes. Ii is believed.
lowever, that at least SS,00O,O0O Of the trac-
iuual currency has long since been worn |
mt while in circulation, and will never |
Je presented for redemption. At The Pnlla- |
iclphla mint the priuclpal work is on small
liver coin, ard at san Francisco aud |
arson City minis gold coinage is being
orwardri as rapidly Is possible on account |
f a great demand for coin on the Pachc !
.oa>t. At the assay Ctlic, in New |
York refining operations have been
somewhat restricted on account OF eX. |
c;,sive alterations and repairs required to |
cmedv damage to the building, and TO en-
are the calacily Of that establishment |
since the failure Of the BaLk Of California |
he demin for trude.doliars has become |
,reater than heretofore, and much time is
occupied at the minis in coming them. The |
ca.on for the Increased demand is ex-
,aincd by The fact that the Chinese residents
# tue Pacific COST, since the failure Of that
,ank. transact all their business with the
rade-doIlar, and will use nothing tut the
ctual coin for remittance, fearing to pur' |
.hase drafts and thus risk the loss Of their
money should other failures fcloH.
FINANCIAL.
The following is statement Of United
s,ates currency outstanding issued from the
Treasury Department to day: Oiddenand
ooteS, 500 S32 so; lagal.tender series of 1874,
s5a, G91 AL 80 ;.It gal-tender notes, new issue.
s34 923, 550.95; legal tender notes, serie' Of
1869, S276 SAC 1915; legal-ter der notes, Sc
ries Of 1873, IS, 4S0, 900; ore year notes OF
1868, SG5, 775; two-year notes OF 1868. $40.
400; two.year coupon notes OF 1868. S26 $50;
interest notes, 1857 400; irac-
Iional currency, first issue, 81, 32S, ITO. 10;
second issue, 50, 139. 7s467; third issue, So
lG364O 81 ; fourth issue, Fl EST series, Sc 09i.-
l47 Al: fourth issue, second series, 81 ,5S2,-
1863 10; fourth issue, third series, II 994.
292 .O5: 9Th issue, 81, 4Sl, 3I613 total,
s4l5. PA S97.03.
THE AFFAIRS OF LEE & SHFPARD.-B Boston,
co.>o,,knr Tim commit an.