The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1876-08-21
WASHINGTON.
An Important Purchase.

WASHINGTON, Aug. 19.-An English COM
pany, with capital Of ten millions of dollars,
has purchased the water power at the great
falls of the Potomac, fourteen miles above the
city. General Cushing and other Massachu-
sets men We're large OwDers.
CONSERVATION Among Naval Officers.
There is great CONSERVATION among naval
officers Of al grades at the recent order of the
Secretary of the Navy reducing large number
of all grades to Through pay. The order states
that the officers relieved from vessels in COM
mission may have leave for as many months as
they have been years or fractions thereof during
their last cruise, and then will be regarded as
ION furlough," and will be so paid. Officers
| relieved from shore duty or special duty will
have one monta's leave, and then be paid as
ION furlough." While, in addition, all officers
of the navV who are not employed on the first
of September are furloughed. The navy is
payed at three separate rates, sat sea, ON shore
or other duty" and 'ton leave, or waiting or
ders," sea pay being the highest received. In
addition to this is fourth, known as " fur
Tough pay" which is one half of "waiting
orders pay, and is only paid to officers who
request longer leave than the regulations per-
NIT, and as a punishment for military offences.
Secretary Robson states in the order that the
necessity for this course is caused by the appro
priat'on of So, 900 for the pay of the navy,
while the estimate called for $1,000, 900, or
nearly two millions more
The fractional Currency.
The fractional currency outstanding at the
time the act providing for its redemption in sill
yer took effect was forty millions.
Secretary + ish has gone home to remain four
or five weeks.
The Revenue Service Grip led.
The Commissioner of Internal Revenue says
the reduction in the force of gaugers will be
gradually made. Such as are designated for
discharge under the retrenchmeut order are to
be dropped when their present duties are full
Had IN fad at No &c
Revenue that it will be impossible to collect the
whiskey tax in consequence of the % per cent.
reduction to be made in that Bureau nnder the
act of Congress. Additional detectives will be
employed, who must be provided for in the de-
ficiency bill next winter.
The -Four and a Half Per Gent. Bonds.
WASHINGTON, Aug. 2O-The Secretary of the
Treasury has not yet completed arrangements
for dlsposing of the $1,000 900 d per cent.
bonds Probably the question will be settled
early this week, and the entire amount taken
BY various parties composing a syndicate on
terms favorable both to themselves and the
Government.
The Sioux and the Governments.
The clause in the Indian appropriation bill
for the appointment of Commission to treat
with the Sioux provides that none of the sums
appropriated for the Sioux Indians shall be
paid 10 any band thereof while said band is en-
gagged in hostllites against white people, and
for the subsistence of said Indians unless they
shall first agree to renquish all right and claim
to any country outside the boundaries of their
permanent reservation, and also SO much of
their permanent reservation as lies west of the
1O3d meridian of longitude, and shall also grant
the right of way over said reservation to the
country thus.ceded, for wagon and other roads,
from convenient and accessible points on the
Missouri river, in all not more than three in
number; and unless they will receive all
such supplies herein provided for, and
provided by said treaty of 1868 at such points
and places in their said reservation and in the
vicinity of the Missouri River as the President
may designate; and the further sum of $2O,0
is hereby appropriated to be expended under
the direction of the President for the purpose
Of carrying into effect the foregoing provisions.
It provides also that no further appropriation
for said Sioux Indians for subsistence shall
hereafter be made till some stipulations, agree
ment or arrangement shall have been entered
into by said Indians with the President of the
United States, which is calculated and design
ed to enable said Indians to become self-sup-
porting.