The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-06-16
GENERAL WASHINGTON DISPATCHES.

meut OF the paper Mr.. Albert Rhodes. tho author.
GENERAL WASHINGTON DISPATCHES.
WASHINGTON, Juno II, 1871
THE FOUR PER CENT BoNDs-ADDIrIoN TO
SECRETARY sHERMANs PRosPECTUs-cIR-
CuLAR TO THE NATIONAL BANKS.
Tho Secretary Of the Treasury has issued the follow
ing addition 10 the prospectus issued yesterday
relative the four per cent bonds:-
Any person subscribing and making payment IN Iuii
before July 1877, VIII receive IRON the treasurer Oh
the unltea States interest check covering Inc
period from the date OF such payment 10 the oato o
the bond July J, 1877.
The Comptroller OF the Currency has this day issued
the following circular the national banks 10 refer
cnce 10 the four per cent loan
TREASURY DEPARTMENT,
OryicE or COMPTROLLER or THE CURRENCY,
WASHINGTON, June Is, 1917 J
In reply TO numerous inquiries received from lhe
national banks Ia reference TO the terms ana condi-
tons upon which United States bonds may De obtained.
II may be stated the ISSUE OF Inc iour and ha per
cent bonds has ccased and transmit herewith the
published proposals OF lhe associated contractors tor
The nov per cent hrtyycar United States bonds
issued with tho approval Of the Secretary OF The
treasury il is a condition OF mo contract
that thc loan should DO offered for
reasonable period 70 the people OF the
United states par, and the circular accordingly
viies subscr ptons par until the 10th Of july prox
with the privilege oi pay mcnt for three months there
Europe as we'll rs here and the associates may ad-
vance the price after that date remains therefore,
10 be seen TO what extent the privilege oil purchase
thus reserved will be awaited o. ana the expectation
and desire is general that the American subscriptions
shall be as large AZ possible.
Az the subscriptions by the people outside OF tho
commercial cities will be paid largely IN currency
wnc bonds by law be sold only for gold. 1t is
obvious that the banks must generally be employed
Nv tho public either tho purchase Of tire gold
Tor renting the currency TO the associates ~ New
York Tor that purpose he bonus are dated July !,
haas snfnr iron mi In
tons made during the prcscnt month arc paid IN full
Tor the period from date OF SUBSCRIPTION 10
date OF bond will DO romitted IN cneck by tho Treas
urcr Of the United states.
rho bonds viii be ready for delivery July 2 Pay
mcnis mado alter July will be charged with accrued
interest per cent from the date OF the bonds
up the date OF such payment ut the current PREM
um OF gold
The present bonds will be sold at a lower price than
any other ISSUE while, they mature only after thirty
years, they are more desirable, from their perma
Lence THAI bonds bearing higher rates OF interest,
whose net returns on the amount invested will bc
found TO be slightly, II ~ all, higher than the In
come from the new ISSUE National banks which may
desire exchange the bonds now deposit with tho
Treasurer who propose 10 their circulation
avail themselves Of the opportunity TO subscribe
tor bonds until the 10th ot July paying
tue same any time within three months thereafter
The national banks have always heretofore mot tho
financial cxEencies Of tho government with the essen.
tlnl which they able Afford aud IT is
believed that they will heartily JOIN with the Secretary
OF the Treasury reducing the public burdens and
NonaI finances. JOHN JAY KNOX,
Comptroller OF tho Currency.
TEMPORARY ABSENCE OF THE ARGENTINE MIN
IsIER
Sonor Carols, Minister Of the Argentine Republic,
,cng leave, the Secretary Of the Argentine
legation, Senior G. videla Dorna, was to-day pro-
Secretary Seward at tho State Dc.
lartmcnt the accredited representative OF tho Re.
,ubhc during the Minister'S absence.
ExTRADIsIoN WITH ENGLAND BEFORE THE
CABINET MEETING.
At the Cabinet meeting to-day the propriey Of OPEN
ing negotiations extradtion treaty wfth Eng
and and the general terms which should DO proposed
N the event OF sucA nseotsatons being insugurated
we're subjects OF discussion without action.
RETURN OF OFFICIALS ANTICIPATED.
The Secretary OF War, General Sherman and other
pflcers who have been West Point several days
past and the Secretary of tho Navy with tho chiefs Of
Inc various bureaus in his department, who been
inspecting the navy yards at League Island Pa. and
Brooklyn, n Y, are expected TO return here &c:
morrow
THE CONSOLIDATED PENSION AGENCIES.
The list OF appointments for the consolidated pension
agencies ghout the United States is not vet com.
peicd. Strong political influences being brought
10 bear to the selection Of various rival appli-
for retention, to obtain the Offices for outside
parties who are not now in any way connected with
the service, but IL still believed DO the Intention
Of tho President and Secretary Schurz to ignore
personal and political innucnccsin these appon,
and to bestow them in every instance upon those
pension agents who in their respective consolidated
DISTRICTS have made the best "civil service" records
and have the highest personal character, or who
things being equal have tho longest unexpired
commissions.
decided that tho consolidated Pension Agency
for Illinois shall BIO located at Springfield instead OF
Chicago, and that Knoxville Qnstead Of Richmond as
heretofore ordcred shall BIO the OF tho ofncc for
The payment of pensions In Virginia, West vrgnia.
North Carolina and Tennessee.