The Portland daily press., 1877-11-09
WASHINGTON.
Nomtnatiou. nv ,.e Pre,ideut.

Nominations by the President.
WASHINGTON, Nov. S.-The President sent
the following nominations to the Senate to-
day:
Henry s. Sanford of Florida, to be minister
to Belgium.
John McClintock to be United States Mar
shall for Maryland.
The Paris Expositiou.
The House Committee on Foreign Affairs,
will, at their meeting Monday next, agree upon
a bill for American representation at the Paris
exposition and report it to the House on that
day. An ample sum for that purpose will be
proposed though as yet the details are not ar
ranged. The committee will have all the facts
before them, including the views and recon-
mendations and the estimates Of the Depart
ment of State.
The President and the Silver Bill.
Mathews says he made no assertion that the
President will sign the silver bill. He merely
expressed the opinion that in the event of the
bilps passage by the Senate the President will
approve it, and this expression of apinion was
made by him without any information derived
from the President.
Silver Bill Before the Senate Committee.
The Senate finance committee this morning
Informally discussed the silver question at some
length, but has not taken up any of the bills
on this subject for action.
The Senate Committees.
The Republican members of the Senate held
q brief caucus today to provide for filling the
vacancies on the various committees caused by
the death of Morton. Messrs. Hamlin, Sar-
l gent and Allison were appointed a committee
to report on the subject at future caucus
Stanley Matthew Imitation Bill.
The financial bill introduced by Senator
Matthews today provides that when any U. S.
legal tender notes are returned to the treasury,
or shall have been redeeme 4 in coin under the
specie resumption act of 1875. they may be re.
issued from time TO time, as the exigences of
l the public service may q1ire, or otherwise.
provided that the amount at any time outstand-
ing shall not exceed $3.50, 600, 000 and the Sec
rotary of the Treasury shall not make any re-
duction of authorized currency by retiring U.
s. notes below that sum. The bill also requires
the Secretary of the Treasury, for the purpose
of redeemng legal tender notes as prescribed
by law, to require and maintain a reserve fund
in coin not less than $100,00OO00, to be provid-
ed by the use of surplus revenue and sale of
bonds. 1t the coin reserve be reduced to $50,
100000 the redemption of legal tender notes
shall be suspended until the reserve fund is re-
stored to 500, 900, 900, but in that event the
holders OF legal tender notes may exchange
them for United States per cent. bonds, in
sums not less than $50. Notes thus redeemed
shall not be re-issued or replaced by others un-
til the reserve fund is restored to $780, 000 600.
The bill also authorizes the Secretary of the
Treasury to receive in payment of any bonds
which he may sell under the funding act of
1871, the legal tender notes In lieu OF COLD, but
at not less than the par value of said bonds in
coin, less an allowance not exceeding of per
| cent. of the said bonds for expenses And he
is required to use the legal tender notes so re-
| ceived, or such other notes as may be issued in
lieu thereof, in the purchase of any outstand-
| ing bonds at price not exceeding their par
| value in coin, or in purchasing coin for the re-
| demption of such bonds.
Democratic Caucus.
| In the caucus of the Democrats of the House
| today it was decided to elect Rev. DIR. W. P.
Harrison of Georgia. chaplain, and not attach
| any proviso that none of the troops be used for
| political purposes to the army bill.