The New York herald., 1877-07-03
GENERAL WASHINGTON DISPATCHES.

wAsnISoTos, July 2 1871
TEMPORARY ABSENCE OF szcRErARy SHERMAN
An IAoER CROWD OF PLACE SEEKERS.
Assistant Secretary Mccormick took charge Of the
Treasury Department to-day - Acting Secretary, Sec
rotary shsrm intending TO leave the city this After
soon on his tour inspection Of the Life Saving Ser
rice along the North Atlantic coast Nj. Mccormick
bsseged by applicants for positions IN the Treas
pry Department. some oi them persons VINO were
seosptly removed The corridors leading 10 bis omce
wore denscly crowded by sad and eager looking
thrours. the larger number being women who called
for that purpose.
A COMPLIMENT TO GENERAL KRTcHAM, RETIR-
ING COMMISSIONER OF THE DISTRICT.
number OF prominent citizens OF Washington have
usised IN letter TO Hon. John H. KStcham, Of New
York Who has. Just retired OF the Commission
srs Of the District OF Columbia j. Bryan succeeding
him They take occasion express their sincere COM
mendsion OF the ability, industry and thoughtful con-
sderatoo always manifested in the faithful discharge
Of his duties and express their regret at parting with
him. General Kctcham publicly acknowledges the
compliment adding that 'ff Congress will but DO It's
duty as we'll tho citizens have, future OF unprece-
dsntsd growth and prosperity Tor this beautiful city Is
assured" +"
PENSIONS TO BE PAID BIZ THE PENSION AGENT
AT NEW YORK
Pension Comm iss oner Bentley officially announces
that Colonel +. e. Howe. Pension Agent at New York
city, will hereafter pay all the government pensions in
tho counties Of Albany, Clinton, Columbia, Delaware,
Duchess, Essex, Greene, Kings including brookynh
Queens, New York, Orange, Putnam, Richmond, Rens-
selasr Reckland, Sullivan, Saratoga. Suffolk scho-
nectady. Ulster Warren, Washington and estchester
in New York Staie
DEPUrY MARSHAL FnANKs HELD TO BAIL.
Deputy Marshal Franks, OF North Carolina, charged
With dcfrauding the government by presenting false
vouchsrs was this afternoon held to ball in the sum
OF $4,000 Tor hrs appearances Ashcvie in that tate,
10 answer to the charge.
INDUCTION or THE NATIONAL DEBT.
The reduction OF tho interest charge on the public
deb. since July l. 1876, is s1s45,s25 co. which is the
result OF the funding operation.
ISSUE AND RETIREMENT or NATIONAL BANK
,brEs AND LEGAL TENDER NOTES.
The Comptroller Of the Curoney has made his usual
atcmcp, showing the and retirement Of national
hank notes and legal tender under the acts OF
June 30 1874. and January IA, 1875, to July l. 1877.
The amount Of legal tender notes deposited Tor the
purpose Of retiring national bank notes, under the act
Of June 20 1874 follows:-
From June 20. 1874. 10 June 80 1879 $40 623 o5e
For the fiscal year ending June 80 lS7o.. 3020,576
For the fiscal year ending June 10, ls77.. RoS7,lo7
Total. COS. 600, 500
Tho amount Of national bank notes retired was:-
From January IL 1875 TO juno So 1879 .$15 la3 ls1
FOR The fiscal year ending June 80 1885,. =! SD 300
Por Assal year snatnS Juns 90 1S77... 09S
TOTAL. ................ $sa, oa5, 7sS
The amount OF additional national bank circulation
issued foows:-
From January H. 1875 to June 80 1s75... ST. e9 S25
For tho hscai year ending juno 80 1885,. 7l, 260
For the fiscal year ending Juno 30. ls77 H. 500
49, -. -,
Upon the issue OF this additional bank circulation
eighty pcr cent OF tho legal tender notes has been
rotired follows:-
Prom January H. 1875 to June go 1s75... So 420
For the fiscal year ending June 80 l876.. 99y, 296
For the fiscal year ending Juno 80 lS77.. TO- t52
Total $22 235 66S
The total amount OF national bank clrcula-
juno 30 1877, was 3l5, $40, 247
Dcducting from tLis the amount OF green
backs on deposit Tor tho purpose OF
retiring circulation. ton................. IL, 93S S02
Leaves the national bank circulation. .S30l 681 445
The amount OF legal tender notes outstand-
ing $3.50, 764 s32