, 1876-09-23
Washington letter.
wAsHrSeroS, D. c, september 9Th, ls76-

EDITOR STATESMAN -
Secretary Chandler left for New YORK on
Monday. on business connected with the re-
publican campaign committse. Htchariah
will have a week's pay deducted from his sal
ary. Cameron has also gone; he is to meet
Gen. Sherman on Saturday, when they will
proceed on a tour of inspection IN the West
and the Pacific coast.
\ landlord of this city, who has for tenants
threeH Hnployees of the treasury department,
was 1 titled by them on Saturday that they
cold not pay their lass months rent, because
SIS Of their pay had been stopped for cam
paign purposes. Affairs appear to be coming
to a pretty pass when cabinet officer goes
/ dancing off from his duties 10 arrange the
campaign tactics of State, no, even his own,
and the poo- clerks are taxed beyond their
means, most likely TO aid in paying his ex-
pauses.
The work on the new four-and-a-half Per
cent bonds is progressing rapidly, the force
of the bereau Of engraving and printing be-
ing employed night and day Abont Sl0,-
900, 900 of the bonds have been completed
and will be Forwarded to the Syndicate in
two or three days. \ London dispatch says
that the recent decline III English consols
is due to the attractive character OF these
bonds Several English banks are selling
their consols for the purpose of investing in
them. Foreign capitalists are taking them
up for permanent investment. There is lit
tie or no speculation in the sales. The
United STATES could easily place three times
a. many bonds Ia the European market
! thy are eagerly sought by the most careful
and far sighted capitalists, whose estimate OF
the solvency and good faith Of our govern
ment Is no idle A.ttery. The high apprecis-
| tilus of oar natiJnel securities at once shows
tnat the depreciation Of our paper money or
currency j. by no means due to suspicious Of
American credit. Il is kept down by other
Z ,uscs, chiefly Of which is the bad legis.a
ton OF the republican Congresses and the ab-
5 I'D policy of Boutwell, and Richardson.
/ Ii these secretaries had devoted their time
and talents 20 raising The markets and NOV
iug the crops, our currency would to-day be
at par. But such fnanciers and such opera
tors as the Grant Curbin- Fisk Biark- FrIdly
aud the rejssuing of the currency already re-
t ed, is what has kep; United States currency
below par:
The clear AMI practical plan laid down by
Mr.. TiIien in his letter Of acceptance, when
carried out by democratic administration.
viii soon bring ouT mou.y 30 par, and s'ar'
into life once again the s;agnant and torpid
industries Of the nation.
Ex-Gov. S,yuour has ajdc,s s-el letter 70
he chairman Of the S'a'e Democratic e.n-
mittce Of New York, positively d,cIing TO
accept the nomination for the governorship
Of New York. His reasons arc the iuiicm
condition of his hsal,h and his inabi' V in
consequence thcreo. 20 fulfil the lu'ie7 of the
position should he be elected. Mr. S. ymour
thinks that under the circumstances his ac-
ceptance OF ;he nomination would be a source
of weakness 10 the party instead Of an ele-
ment of strength He does not believe thai
the course which has been forced upon him,
viii in any degree present the election from
L,
the Presidential election is put in jeopardy.
"Ephraim is certainly joined to his idols." ."
\ correspondent Of the y. Y. HyaLd has in
terviewed the President at Long Branch, and
! gives this a- tne result: Grant is confident
that Indiana will 20 republican, and thai
/ Hayes and Wheeler will be elected, and if
I Intimidation Of voters cau be checked the re-
J pubiicaus viii carry North and Sou Caro-
/ liuia, Louisiana, Florida, New York. Con-
/ necticut. West Virginia and Maryland. On
the Indian war the President regretted 10
say that he regarded the Custer Massacre q
| sacrifice of troops br lght on by Caster him-
self, and that It was wholly Unnecessary. He
adds. we shall have no more Of the Indian
wars after next 81 -.ng- and details at length
J what Is TO be the future policy with regard
70 The Indians. In conclusion, he passes judg-
menf upon himself. aud bis admin ration, a.
! follows: With ali tb- experience have had
! 7 do not know that would do many things
differently IF had to begin my term OF ottice
now. / might do some rhings differently in
the way OF appointments and that sort Of
/ thing. but as TO the measures Of large i'm.
porrance do not know that would change
/ sny of them II l. well for him that he Is
satisfied with his record, and it = wei for
rbe country that it will never have TO be
written over again. MEMO.