The Findlay Jeffersonian. [volume] (Findlay, Hancock County, Ohio) 1870-1881, 1877-06-29
From our Special Correspondent

Jul SPCCAhA AOOAlcSkOhdChb.l
WASHINGTON, d. c., June IL, n.
Financial matters continue to absorb
most attention and promise to hold the
field until Congress convenes in October.
Statements of the Presidents position
vary with the prepossessions of the au-
thOrity whence derived. 1t is, however,
admitted by all that his views have un-
dergone radical changes since he has
devoted more time to their considera-
ton. He has undoubtedly come to re-
gard the lemonetization ofsilyer to some
extent with favor, but still holds to the
prime necessity of resumption at the
time designated: and he is reported to
favor a suspension of further payments
on the public debt, for the present, hold
ing that all our energies and resources
should be directed to a compliance with
the terms Of the resumptian act.
Secretary Sherman's disposition as in
dicated by his official acts, is watched
with degree of interest rarely aroused
by any of his predecessors. Congratula-
tons continue to pour in upon him for
his success with the new loan and his
able administration generally; but the
crusial period of his incumbency has
hardly yet arrived, when he will be look
ed to to pilot the business interests of a
country great in the diversity of its in
dustries through the trying period of
further contraction, condition prece-
dent to resumption, no matter when at
tempted; and if he succeed in retaining
the confidence of those interested until
that desideratum shall have been accom-
plished and we are in the calm water
beyond, his possession of the highest
order of ability will have been demon
strated beyond cayil.
Formal notice has been given by the
syndicate that it is prepared to receive
subscriptions to the new loan, in sums
from $50 upwards. a large popular
response is anticipated and it is believed
that it will have the effect to materially |
lower the rate of loans for ordinary bus
iness purposes.
The Bureau Of Engraving and Print
ing enters at once on the work of pre- |
pairing the bonds. This necessitates a |
small increase of the force but to avoid |
an overwhelming rush for reinstatement |
Of those recently discharged, notice is
given that all extra help required has
been secured and that there are no va
cancies requiring to be filed.
The State Department has been noti-
fed by Minister Maynard that among |
the regulations recently adopted by the |
Turkish Goyernmentlikely to be Ofinter- |
est here are the following: All steamers
will be denied ingress and egress tO and
from the straits of the Dardanelles and |
the Bosphoras during the night All
lights in the lighthouses of the coasts of
those waters are liable to be extinguished
by military orders, save the two ON the
Black sea side at the entrance of the |
BOsphorus, and the two known as Yedee
Bohr and Koum-Kalo, which are only TO
be disturbed in case Of great emergency
The firing of cannon, az signals, in foggy
weather by ships, is also prohibited.
The Attorney General has decided
that there is authority to issue subsidiary
coin to replace fractional currency lost
or destroyed beyond the chance for be-
ing presented for redemption, to the ex-
tent of SJOOOOOOO including the frac-
tional currency still in circulation, which
is to be determined BY the Treasury
Department records and from other
sources Of information pointed out. BY
the same authority it has been decided
that retired army or navy officer can
hold civil Office, and legally receive the
salary attached and his retired pay as
well, provided the Office he fills is not an
elective one nor in the diplomatic or
consular service.
The Tammany demonstrations last
week are still good deal talked about
by politicians. There is general agree
ment in the verdict that Tilden, against
whom a suit for $4,000 of taxes fraud
ulently withheld from the Government
is being vigorously pressed and which he
proposes to defeat by pleading the
statute of limitation, never attempted a
more brazen role than when appealing
to the ignorant, priest-ridden masses of
a political organization that has furnish
ed our penitentiaries, jails and work
houses with some Of the most noted
, thieves, ballot-box suffers and other
criminals Of any age, to preserve the
: public morals and the purity of the
elective franchise. But by his inoppor-
, tune appearance he undoubtedly disar-
ranged the plans laid to shelve him by
his enemies among the Tammany gang
He embraced the opportunity to make