Daily Kennebec journal., 1877-06-02
WASHINGTON.
Reduction.

WASHINGTON, June |. The debt statemen mt
shows REDUCTION of the nation al debt for May OF
s6,9Sl ,2l4S3 r,ducion from July lst, 1876 to
date, S36 U62 00262.
Tue large balance of the apparen Mt reduction OF
the debt during May is partly explained by the
1act that large sums are due TO the ravy and for
the necessary expenses OF other departments but
Tor which there is no appropriations, aggregatiDg
perhaps two millions OF dollars. = Tnis does not ap
pear 10 the debt statement but is really money due
under the existing laws but unpaid for want of sp
prohfiations. This is shown in the following
hbH:
Decrease in called bonds due S727 ,0SO 90
Legal teLders redeemed l0Sl S24 90
Fractional currency redeemed 9l9645. 20
Com certificates decreased 1905 200. 90
Total 81 ,093, ,749. .29
Less other items increased 42474.46
Ordinary decrease of the debt 5000, ,OOO. 90
Estimated amount OF decrease ON
account OF deficiency in appro-
piiauon including pay Of navy 1881, ,274 SO
Total decrease S6,9Sl PASS
The Border Troubles.
AT a cabinet meeting the secretary of war was
authorized TO address II letter to Gen. Sherman
directing him TO prepare instructions for Gen. ORD
to follow the Mexican marauders, if necessary
hom Texas into Mexico
Denial.
A special says there is possible flaw in the
ofhca title OF Judge Carpenter of South Caro-
lima. His removal is one of the most glar:ng acts
of bad faith on the part of the democratic legsla
tu"e.
Cabinet Meeting.
In the cabLet session to day no appointments
were agreed upon, but number of recomme nda-
tons OF persons ior various important places
read, and lengthy discussion followed as to the
selection of proper men for positions at home and
abroad. The general tone OF the conversation
was that ample time should be taken and every
precauiOn used in the selection of the most mcll-
torous persons for the office.
Contract.
The contract for supplying the government with
postal cards, during the four years commenc ing
July |, was to-day formally awarded to the Amer
ican Photograph Co. of New YoIk. The cards are
10 be furnished to the government at 60 56-l00
cts. per 1000.
Public Debt Statement.
WASHINGTON, June |.
Debt bearing interest In Colin
Bonds at per cent, 1884 ,G9S000
Bonds at per cent, 703, ,266, 5000
Bonds at l2 per cent $4,000, 900 90
Total, Sl.692, ,99i $50 90
Interest, "a, ,4y3, ,027 81
Debt bearing interest in lawful money
Navy pension fund, at per Ct, 100000 90
Interest, 10000 90
Debt on which interest has ceased since maturity
Principal, 1894 300 26
Interest, l65562 "a
Debt bearing no interest
Old demand and legal tender
notes. $500 All 642 so
Certificates of Deposit S46.5l0,0O0 90
Fractional Currency, Il ,206 $50 23
Coin cert ifCates, 45 4U7 800 90
Total Principal, S473602072 70
Total unclaimed interest, 0,jy7 03
Total Debt
Principal, S2,l95 46l 022 80
Interest, 34S4l lS9 Is
G,a d Total 1920 PIP II
Cash in treasury
Coin, Sl0S 1877 0S3 33
Currency, 4,5155l5 AZ
Currency held for the redemp-
ton of curreucy, 7,762,27l 90
Special deposit held for redemp-
ton Of certificates of depos-
it as provided by law, 46,5l0,OO0 90
Total Sl66 9S4, ,S69 50
Debt less cash in treasury
May |. 1877, 2,o7O,35s,6l7 20
June /, 1871, 2U63 377 ,3i2 81
Decrease during the month, So 1881 ,274 SO
Decrease since June 80, T6, 29,0S0 527 70
Bonds issued to Pacific X.
Il. Co.'S. interest payable in
lawful money
Principal outstanding S64 623,5l2
Interest accrued and not yet
paid l,6l5,5S7 so
States s4,Ols,923 7s
Interest repaid by transporta-
ton OF mails, &c. S,455,525 so
Balance of interest paid by
the United States % 563 3Q7 QS