San Marcos free press. [volume] (San Marcos, Tex.) 1877-1892, 1877-12-01
Sun Btartus free gress.
rvD..sES'Ezfs1fssDEh
CURRENT TOPICS.

letter from Mr.. Belmont and other
members Of the Syndicate respecting the
House bill for the reconciliation OF sill
YER, ia which It was stated that the ef
feet Of such radical revolution in the
monetary system q the United States
would ldbe DISASTROUS and intima-
tons awere made NJ that it would
be impracticable to further conduct their
operations in placing tbpnew loan, The
Senate Committee, on Finance, at q
special meeting, also heard arguments
from, a, number Of Eastern gentlemen
representing banking end other financial
interests in opposition to the. passage Of
the BILL Representative Bland and
Senator Jones Of Nevada were present
and spoke in favor 81 the bill. ''"
The War Department, has issued an
order taking off the next number Of the
Army Register all mention Of battles of
the rebellion. At present the name Of
each FOSTER is proceeded BY names Of
the battles in which It has taken part,
beginning in some cases With early m
dian wars,, In Others With the War of
1912 and running on Though" the War
of the Rebellion? b The present order
grasses all the latter and is lin the same
spiritas the famous resolution introduce
ed byiSumner, erasing names ofbattles
of thsRebellion from battle-fagsof reg
imentsso 81 ned 700 ne2 nolroh 70 dn
THBPostal Savihgs-bank bill intro
ducedin the House by Mr.. Phillips' of
Kansas, provides that at each Office
where the Postmaster's salary ISL 900,
on NEUTRALITY-SUSPICIOUS. shall be
established Deposits shallbe received
of as low an amount as 20 cents, the
amouptnot to,eXceed $500. Itprovides
when 1925 dollars is deposited it shall
bear 8 per, cent interest, when placed
subject to 10days, notice before call ,alnl and
it authorizes the issue Of 3.65 bonds in
denomipati6ns Of S25, $50, 800 and
5000; with coupons, payable every three
months, which on demand shall be pay
able on amounts deposited when called.
1t provides for additional bonds for the
Post-offices Where such banks are estab-
lished.a and that The Bonds may be in
creased from time to time, and leaves
the execution of the provisions Of the
act with the Postmaster General. iaol'
THE Emperor Of Brazil was SO favor
ably impressed with the American mar
row-gauge style of railroad that he has
causedd a. contract to- be made with
MessrssP. &, L. Collins, of cPittsburg,
for the construction of 1870 miles of that
kind Of railroad, extending from the
head of navigation on the Madeira Riv-
er, branch of the Amazon, to "a. point
on the Marmore River, on the borders
of Bolivia. A Pennsylvania iron COM
pany will furnish all the rails and other
ron. The contract involves about So
100000. l.. -, ~. ....
Hon. WIN. F. CooLBAUGH, President
of the Union National Bank, Chicago,
committed suicide on the morning of
the 4th. The act was committed at the
foot Of the Douglas Monument. Life
was extinct when the body was discov-
cred, and an elegant pearl-handled, gold
moiihted revolver, with which the
fatal shot was evidently fired into
the BRAIN lay by its side.
Mr.. Coolbaugh was Sc years old and a
nativeJof Pike County, Pa. He former
" resided in Burlington, Iowa, where
he figured considerably as a politician,
being at that time Democrat of the
Douglas school and an intimate
frienda and admirer of that gen.
tleman. He was for eight years
a member of the Iowa State Senate, and
was the Democratic nominee for United
States Senator against Harlan, by
whom he was defeated. He had but
recently returned from tour in En-
rope. His suicide is ascribed solely to
domestic troubles, and his private iinan-
cial affairs, as well as those of the bank,
are pronounced all straight,
Nor the least important of the bills
Just introduced and which must be con-
sidered at this session of Congress
(writes the New York Herald CORE
spondenD, is one providing for taking
the ninth census and the apportionment
of representation under it. 1t is claim
ed by the Southern members that to
protect the New England and Middle
States the Southern States
,ver,s not properly canvassed