The Portland daily press., 1877-06-13
WASHINGTON.
Cabinet Meeting.

Cabinet Meeting.
WASHINGTON, June 12.-The Cabinet Coun-
Gil to-day lasted two hours, but beyond giving
attention to certain affairs of minor importance
there was no business of extraordinary interest
1t is understood the subject of appointments
to the positions of Collector of Customs and
naval affairs at Baltimore, was discussed, but
no conclusion reached.
The Presidenl and the Alabama Delesa-
In view of the conflicting reports of the in
terview held yesterday with the President by
the Alabama delegation, headed by Marshal
Turner of that state, the following authorized
statement is made: The gentlemen informed
the President that after the returning of ex-
Gov. Souths delegation from the Cincinnati
and did not pretend to manage the canvass in
Alabama. That canvass was managed entirely
by the Republican committee of which Chas.
E. Mayer is chairman. The President ex-
pressed some surprise at this statement and
said thu appoin tInents he made in Alabama
might have been mistakes, but he could not
now recall them. He answered the delegation
he would make removals only for cause, that
when the officer term had expired he regarded
the office as belonging to the appointing power
to reappoint or appoint new one, as might
seem best. The conversation then turned on
the subject of "carpet-baggers," when the
President said that he did rot regard as
"carpet-bagger" man who went South to
become bona fde resident Only those who
went South for the purpose of holding Office as
a matter of business should be Stgmatized as
'carpet-baggers."
The interview lasted half an hour and the
gentlemen of the delegation left with the
impression that the President would make no
further changes in Alabama, except for cause
or where the commissions of office had expired.
Additional Circulation Issued to Banks.
To correct various published msstatements
in IN n ri
lation recently issued to national banks in the
city of New York, the Comptroller of the Cur
rency furnishes the following:
The total amount of additional circulation
issued to all national banks of the country since
the passage of the act of January IA. 1875, to
date is 1921, 81 1926. Of this amount $3 402. 40
has been issued to banks in the cily of New
York as follows: From January IA, 1875 to JAN
uary, 1876, $1S6, ,7S0; during tn year 1876, ST.
223, 200. From January 1, 1877. to June 10, 1877,
04O; March $3S7,72 April $659,69O; May
1923, 900; to June 11th SAG, 100 The greatest
amount issued to any one bank during the year
| ending June was $675. 900, issued in install
ments during the six months previous to the
tional banks ia New York city was in October,
1872, $4,000, 900; in October, 1873, 27 0OO, ,OOO
October, 1874, $25,0O0,0OO; October, 1875, $1S,-
100000; October, 1876, $14 S32, 900. Circulation
January l, 1875, was 24, 800, 900, and April IA.
| SIG, 5000. So the circulation of New York
| city banks will need to be increased $4,000, 900,
or one-half the present amount outstanding at
| date of passage of the act of January IA, 1875.
There is no foundation whatever for the state.
ment that national bank in the city of New
York has had issued to it 81 100000 additional
| circulation, three different times during the
past week. as the whole amount issued to all the
banks in New York city during the present
year has been but slightly in excess of So, ,000,-
| 900.
President Hayes in Favor of The Double
Standard.
President Hayes, although in former years
| predisposed to adhere to the prevalent doctrine
Of finance writers in favor of a single gold
standard, has materially changed his views
during the progress of the general discussion
regarding the wisdom and propriety of the act
| of 1873, which demonetized the old legal tender
| silver dollar He is now in favor of its remon-
tization and of the readoption of the double
standard of gold and silver, or in other words
he favors full return to the condition of things
n relation to these subjects what existed previ
GUS to legislation of 1873, being convinced thai
/ such return TO its former system will greatly
promote resumption to specie payments, an OBJ
| ject that he regards of the first Importance He
| considers the legislation of 1873 to have beer
hasty and uncaled for interference in the legal
tender powers of a large portion of our circulat.
| lug medium. He has not yet formed any de.
termination to bring the subject officially to the
attention of Congress. although it is by nc
means impossible that he may hereafter con.
clude that some recommendation on his part
of the nature above outlined will be admissa
BILE.
Various Matters.
In reply to a delegation of Louisiana colored
| people to inquire whether he thought one-third
of the patronage for various positions in the
custom was too much. Secretary Sherman said
if men of integrity and intelligence were chosen
he thought they were entitled to a fair share oi
| patronage, and further remarked that he would
write to Collector King at New Orleans, on the
| subject.
The revenue receipts to-day were $2O7, ,24O
customs $314,31
The Secretary of the Navy has issued cir.
cular urging economy in public advertiser ents
in accordance with law.
The books of the Treasury department show
the total of one and two dollar notes in circula-
| tion to be $51 ,404, 511. The amount of such
notes in the Treasures Office and reserved for
use is $40, ,1S3. .387. The amount in bureau of
engraving and printing prepared, or nearly
ready for delivery to the Treasury is So, ,7O4, :
972.
Seven hundred millions of per cent. bonds
| are open for subscription by our people, and
| subscriptions of from $50 to 800 will be
thankfully received by the Secretary of the
Treasury.
Frank P. Hastings of Maine, lately clerk
in the department of state, was to-day promot
ed to the Office of consular clerk. The offices
of this grade in the consular service are per
manent in the tenure.