The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1877-01-30
WASHINGTON.
Achievement of the Supreme Cont

Adjournment of the Supreme Court.
WASHINGTON, Jan. 29-The Supreme Court
today adjourned to February on account of the
impending withdrawal of five of the nine JUS
tees to form the judicial branch of the electo-
raj commission,
Tn. Clerk Of the Louisiana Returniu.
Board Refuses to Answer.
The clerk of the Louisiana returning board
refuses to answer any questlonS ABOUT the pre-
ceedings of the board.
Nominations Confirmed.
The Senate confirmed the following nominal
tons today: Ellis Spear, Commlssloner of
Patents; John S. Barton, Collector OF Customs
at Norfolk and Portsmouth; james Milward of
New York, consul at Client; VIM L. hughes,
Indian agent at Grand River agency. Dakotah
The President Thinks the Time Tor Re-
sumption Has Arrived.
President Grant yesterday announced his be-
lief that the time has now arrived wnen an i'm
mediate resumption of specie payments IS pos
sible The situation of our foreign commerce
shows balance of trade in favor )f this coutry
amounting during the last year to 100000.
During the present fiscal year ending the Both
of June next, he believes the balance will be at
least S10O, O0O, 900 in our favor. He thinks that
after four years OF rest since the panic of 1878
the country has reached point when healthful
industry and legitimate enterprise based on
sound monetary principles may again be en-
addition to this got over the idea that it is es-
sential TO our social life and to our happiness
that we should purchase manufactured articles
OF other countries when we can produce SINH
lar ones of equal merit at home. This is a very
important lesson, and is one of the principal
elements making return to specie paymen is
easier. Our people have learned to limit their
wants in great degree to productions offered
by our home manufacturers BY pursuing this
policy the people during the past four years
have actually been saving money, and this is
proved by the purchase of United States secur-
ties, and by general LOOKING about for safe
Investment" The President believes not only
that the foreign demand for American produce
ton is likely to increase greatly, but in addi
ton to this the capitalists of the nations of the
old world will look to the United States for
opportunities to invest money where it can be
secured from chances of war, and that. too,
even during what might be considered times of
uncertainty in our own affairs.
"To America" Gen. Grant repeated, 'sthey
now look for opportunities of safe investment
for their surplus capital. If any evidence of
this were necessary, it can be found in the Oth-
cial information already received from Europe
an money centres, and also in the fattering
manner IN which our Il per cent. bon DIS have
been received in Europe. Already $79,000,000
of these bonds have been sold, and the indca-
tions are that the remaining $3.50, 1000, 900 will
be disposed of as rapidly as the bonds can be
handled by the Treasury Department. and the
syndicate" The President said no more time
ly moment can be selected for the realization OF
the advantages attending return to specie pay.
ments, and the Ferty-fourth Congress cannot
better close its existence than by the enactment
of such legislation as will accomplish this re-
suit
The Exiradition Treaty With Spain.
The extradltion treaty between the United
States and Spain was sent to tbs Senate by the
President for ratification four days ago.
A. H. Stephens Condition.
A false rumor gained currency at the Capt..
Stephens was dead. Though quite ill he is in
no immediate danger.
Woods Impeachment Committee.
The House special committee, of which Mr.
Wood of New York is chairman which was
appointed to report whether the President has
employed troops IN Virginia, South Carolina,
Florida and Louisiana since the LIST day of last
their first meeting today. Nothing was done
except to authorize the chairman to appoint
four Sub-cOm mitteeS of three members each to
examine the documents transmitted by the
President in regard to these states respectively
and report to the full committee when it is
again called.
A isather Bad Atmosphere.
Mr.. Gatcheil. the new Superintendent of Po-
lice, reported to the police board today that he
had found II suspected gambling houses, Il
houses of ill-fame, 176 places where liquor was
sold without a license, and 25 designation hous.
es. He has expressed determination to rid
the city of these places and will commence a
movement in this direction Immediately.
Imports and Exports.
The imports to the United ST. tes during the
year 1876 were tgold vaue) 1926, 612 FOG against
1854 III SOL in 1875. Exports (gold values
$50 sos, 040 against $497, 263,737 in 1876. I'm.
ports (specie) 1874 479 1877 against 1874 324 956 in
1875. Exports (specie) $47, 1913, 752 against $40,
los, S52 in 1875.