Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1875-08-28
WASHINGTON.
Government Transferring Gold to
California.
Bad Management in Southern
Districts.
Spinner on Silver Currency.
An Army Officers Opinion Of the
Indian Ring.
Spinner on silver Currency.
Government Assisting the California
Hanks

Governments Assisting the California
| Hanks.
WASHINGTON, D. c., Aug. 27.-HeavV
transfers Of gold TO California are being
made by the Treasury to-day, in support O!
the banks Of that section, upon official no
tice being received at the department that
the agents Of the banks have deposited
/ gold with the Assistant Treasurer at New
York. Telegrapbie instructions are sent
1 the Assistant Treasurer at San Francisco,
placing credits to the respective banks
making such deposits in New York. Thus
far over a million dollars have been trans
ferred.
lae Department OF Public Robbery.
Special to the Cincinnati Enquirer.
Shortly after assuming charge Of the De-
partment of Justice, Attorney-Gen
Pierrepont set on foot a series Of investiga-
| tiOus into the management Of the judicial
Districts in the Southern States. The in
yestigations have been completed, and a
report will shortly be submitted to the
President. While many districts were
found to be managed in loose manner,
the worst cases were found in Arkansas
and Texas. A number Of removals will be
made at once. United States Marshal
BOZzoloni, Of the Western District of Ar
kansas, was removed to-day. Several
United States Marshals from other States
are here now to Try and explain the causes
Of bad management in their districts.
Gen. Spinner on Fractional Currency.
Special to the Cincinnati Commercial.
WASHINGTON, Aug. 26.-Gen. Spinner
left the city to-day for the North, and does
not expect to return for some months. In
reply to a letter from friend, the General
has taken occasion to give his views with
regard 10 the financial policy Of Congress,
with especial reference to the act authOriz-
ing the substitution Of silver for paper frac-
tional currency. This he terms transpa-
rent bumbug. He asserts that every dollar
thus paid out will simply 60 from the Treas
ury vaults to the melting pot and crucible;
that silver coin is worth TO day but little, if
any, more than paper fractional currency;
that, all European governments have long
since discarded silver as o measure Of value,
and that the result will be, if the act is
carried out, that both silver aud. fractional
currency viii 90 QUITO circulation and the
people viii be compelled to resort, as once
before, TO postage stamps rs currency 70
meet the requirements of trade. The
General charges that the passage Of the act
in question was secured or promoted by the
silver miners, prominent among them being
Jones, Of Nevada, who had great influence
with the President and Secretary Bristow.
In Arrears fer Salaries.
It is asserted that the last Congress, in
their economical zeal, Outstripped discre-
tiOu, and left some Of the departments
with such insufficient money supplies that
formidable deficiencies will have to be
made mp by the next Congress. The Navy
Department has been, il is alleged, COM
PEELED to postpone the payment of the regu-
lar salaries Of its employees for some months
past, and in other departments all sorts Of
eXpedlents to meet current expenses, such
as drawing from one fund to meet demands
upon another, have been resorted to.
The Indian Ring.
A letter has bsen received from a promi-
Lent army officer IN the plains, in which,
while agreeing heartily with every word of
Professor Marsh's pamphlet, he expressed
very little hope Of a successful attack upon
the ring. He says: ave regard the Indian
Ring with mingled suspicion, hatred and
respect. Il is composed Of shrewd, intelli-
gent and INSCRIPTIONS men. Il wields an
influence whose motive power is unfailing
as gold. No committee appointed under
its auspices eau gather and digest evidence
of its malpractices with a mind unbiased
or a vision unblinGCG. / have but little
hope of the result. The department, with
admirable skill and hypocrisy, has yoked
religion to avarice and intrigue. Whoever
as an army officer opposes so strong a sys-
ten Of fraud and deceit, must kick against
the pricks."