Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1877-11-14
EASTERN NEWS.
ESPECIAL. TO THE DAILY SENTINEL.
YESTERDAYS DISPATCHES
Washington Intelligence.
RAILROAD INDEBTEDNESS.
THE L..
TRADE DOLLARS IN CHINA.

WASHINGTON, Nov. IL.
The Senate Judiciary Committee
heard arguments to-day from ex-Sen-
ator Trumbull. representing the Cen
trial Pacific Railroad, Shallabarger
representing the Union Pacific Rail
road, in opposition to Senator Thur
mans Sinking Fund bill. Sidney
Dillon, President of the Union Pacific,
and G. p. Huntington, Vice President
of the Central Pacific, were present to
submit a proposition for Repayment of
the Government advances of interest
on the bonds Of the companies, but the
arguments of the counsel we're long
and prevented their submission. Ii is
understood that the two companies
offer, first, to reconv6y to the Govern
ment about six million acres OF lands,
which they propose shall be redited at
tie rate of 81 25 per acrej secondly, to
pay into the Treasury serni-annually,
one million each per annum, n also
such amounts added To the foregoing,
and to the earnings for Government
transportation, as will create . sinking
fund sufficient with accumulations OF
compound interest to liquidate the to-
tai amounts advanced OF to be ad-
vanced by the Government for interest
Oh tu0 JULIUS ny thO yCot ioOct VI
about five years subsequent to the av-
erage date OF the maturity Of the bonds.
The committee ex poets To make a re-
port upon the subject at al early date.
Over zoo bills were introduced in the
House to day making nearlyl, 200 in all.
Leonard, OF Louisiana, introduced a
bill fixing the salaries of Judges Of
District Courts in California and other
districts at IS, 800 and reducing the sal.
aries of several District Judges to
$500.
During the army bill debate, it was
noticeable that while Garfield and
Conger we're ready and energetic in
the defense of Secretary McCrary
against any i'm putation, not a word
was said in defense of the President.
The House army bill amendment
restricting enlistments to a total of 20.-
900 men was adopted by so small a
majority that the friends Of the army
arc very hopeful of securing he acqui-
escence of the House.
Minister Seward writes to the De-
partment from Pekin under date Of
September I'D in relation to the cir
cuistion Of the American trade dollar
in China. Representations having
been made to him that the circulation
Of the trade dollar might he increased
through the favorable action Of the
Chinese authorities. as has already
been done AT Canton, Mr.. Seward ex-
plains that these dollars are already in
circulation and receivable at their de-
clared value In all ports in China, ex-
cept Shanghai. At this place
there Is a special demand for
the old Spanish Carofus and for
the Mexican dollar. they being
| current In the great silk producing re-
| gion adjacent to Shanghai and com
mauding q premium which sometimes
! ranges as high as five per cent. for the
Mexican, and eight for the Carolus
dollar. They are Of course never cur
| rent at par as the trade dollar Is at
Shanghai. 1t has been hoped that the
trade dollar would eventually COM
mand a premium at Shanghai, and so
have an official declared value as at
| Canton and other ports, but this has
| not vet happened. On the contrary,
| the trade dollar is considerably under
valued at-ports where a declared value
| has been assigned to it by the Chinese
Government.
Vanderbile's Will.
NEW YORK, Nov. IL.
The case OF Mrs. LoDau, VINO SueS 10
revoke the will Of Cornelius Wander
bilt. came up for trial before Surrogate
Colvin this afternoon. The amount
for which she seeks 10 one million. and
the amount Of the estate in one hun.
bred million. MIR. Lord, for Mrs. Le-
bau. daughter OF the t~estator. said $685.
600 900 was given to one son by indul-
gence, delusions or disease; that the
testator's mind was unduly influenced
and his desire to ~perpetuate his great
wealth in the m of Vanderbilt, over
ruled his judgment. Daniel p. Allen
son-in-law of the late Commodore,
had spoken Of his wife as weak
physically and mentally, and
then sent her to . lunatie
asylum: that William Fl. Vanderbilt
said when talking Of a governess who
had gone away and bad been written
for, 1.-THE old man is bound to fall
under the influence Of some woman.
and If she don't come back, l am
bound to replace her." He, William