Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1877-07-06
WASHINGTON NEWS.
THE PU BLIC DEBT.

TIE Pl BLlC DEBT
WASHINGTON, Jaly 1.-The following is
the monthly statement of the public debt:
Six per cent. bonds, Se54 ,62l $50; five per
cent. bonds, S703 266, $50; four and one
half per cent. bonds, Sll0,0O 900; total
coin bonds, 81 .6y7 SIS 500. Lawful money
debt, Sl4 900 600; matured debt. 6,445.-
$50; legal tenders, 1859 SOS ,29l ; certif-
Gates OF deposit, S54, 800 600; fractional
currency, S20,4O3 1877; coin certificates,
S4l SIG 600; total without interest Si76.-
764 OBJ; total debt, 81 POS 3Ol 1872. Cash
in treasury coin, SIZE. l22, 473; currency.
s., $50 ga; currency held for redemption
of fractional currency. 81. 1868 .2l3; special
deposit held for redemption OF certificates of
deposit. S54 800 600; total in treasury,
SlS6, OPS $50 Debt less cash in the
treasury. s.. $50. l55 ,223; decrease OF debt
during June, IS 2l9 ll9; decrease since
June 30, 1876. S39, 2ll .l3l. The reduction
of the interest charge On the public debt
since July LIST, 1876, is 81 ,9i3. 625. 50.
END OF THE EIGHT HOUR LAW.
Tho government officers in charge of pub
lie works will heneetOrth make contracts
and have work performed upon the basis OF
ten hours to the days work. and all per-
sons who desire work of eight hours will
be paid Tor that number of hours only.
TIE NATIONAL BANKS.
The comptroller of currency has called for
a report of the condition Of national banks
at the close OF business on June -. The
comptroller has made statement showing
the issue and retirement Of national bank
notes and legal tenders under the act of
June so. 1874. and January II, 1875, to July
LIST, 1877. The amount OF legal tenders de-
posted for the purpose of retiring national
bank notes from June 20, 1874. to June 30.
1877, was sos 600 SOC the amount OF ma
tional bauk notes retired from January
18th, 1876, to June 30th, 1877, was 1884,,
OBS. 7Ss; the amount of additional national
bank circulation issued from January IA.
1879, to June 30, 1871, was S21 1874 ,555.
Upen the issue of this additional bank cir
culation 50 per cent. of the legal tender
notes have been returned.
OUR NAVY.
The appropriation for the support of the
navy during this fiscal year ending June,
1873, become available Yesterday. and the
officers of the navy (all OF whom have not
received their pay during the past three
months) will he paid as usual. They can
not, howevrr. -"rlive the back pay due
them for 4 YrII. May and June until Con-
gress shall l.s.A. an appropriation for that
purpose.
HELD TO BAIL.
Deputy Marshal Franks, of North Caro-
lima. charged with deirauding the govern
ment by false vouchers. was held to bail on
$1,000 for appearance in Ashyille. in that
state. to answer the charge.
\ LEGsL OPINION.
4 L
OF the supre re court Tor the district of
Columbia, has decided that the judicial
authority cannot Interfere with the execu
tive department in adiudging certain lands
in Colorado to Col William Craig.
the WASHINGTON MONUMENT.
The board OF army engineers have report
cd upon plan for 30 securing the tJunda-
ton of the Washington monument rs to
permit its construction to the originally
intended height of is feet.