The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1878-02-08
WASHINGTON NOTES.

The Congressional Silver and Greenback As
ISOLATION, organized for the purpose Of secur-
ing the reconciliation of silver and repeal of
the Resumption act, held another meeting last
week. Resolutions were adopted instructing
| the Finance Committee to solicit subscriptions
to defray the expenses of printing and
distributing documents authorizing the
Executive Committee to correspond with
Senators and invite an independent or
ganization Of that body, with an Ex-
ecutive Committee, in conjunction with that of
the House Association. The Executive Com
mittee was also instructed to investigate and
report concerning the old law which authorizes
the Secretary of the Treasury to appear before
the House of Representatives in person and
answer inquiries, etc. This report is to be
made with view Of determining the advisa-
bility Of calling the Secretary Of the Treasury
before the House on the silver question in
the event of the Executive being arrayed
against the views Of the majority on silver re-
| sumption.
1t is reported with positiveness, from Wash
ington, that Information in due form has
been lodged with the legal authorities Of New
Orleans charging Secretary Sherman and sew
eral other prominent Republicans who visited
Louisiana to witness the count with attempt
ing to influence the Returning Board and con-
troll their count, and with participating in the
general work Of preparing ahidavits or in
ducing others to do so. to establish intimida-
| ton, and with procuring false evidence. 1t is
claimed that the understanding in New Orleans
among those directing operations against the
Returning Board is that Secretary Sherman and
others there with him will be indicted for pres
ent trial.
Secretary Sherman is satisfied that the Sill
yer bill will command a clear two-thrls ma
jority in both branches Of Congress, and that
there is no doubt Of its becoming law. Mr..
Sherman is reported to have expressed the
opinion that "the Likelihood Of the passage of
the Silver bill was not understood in New York.
He was not surprised at the O. arse of the gold
market. The reconciliation of silver he
claims, would not affect gold or greenbacks at
once. All the silver that could be coined for
several months would be used for the payment
of duties, and the people generally would
not zee much Of it for some time after
increases, gold will wholly disappear and green
backs gradually depreciate. The Secretary
thinks the silver advocates generally will be
disappointed with the immediate effect of the
RECOMMENDATION of silver, and that the ultimate
effect will pc to strengthen the paper imitation
ists."
1t has been decided by the Cabinet to order
the Mint at Philadelphia to resume the coinage
of trade dollars.
Francis Murphy, the famous temperance adj
vocate and reformer, has begun a four weeks
campaign against intemperance at Washington.
The Secretary of the Treasury, in answer to
the resolution of the House, has sent a com
munication to that body showing the amount
of interest paid in coin and currency to national
banks on bonds held by the Treasurer for the
security and the redemption Of the currency
issues Of said banks from 1868 to Jan. 1, 1870 |
recapituIation shows the coin interest 30 paid |
s244, 27s, 271 currency interest 1850, 2s5; |
total, 1882, S37, $50.
The passage by the House of Mr.. Bakers |
anti-subsidy resolution, 1t Is claimed, ends all |
hope which may have existed of the slightest |
countenance to Tom SCOTS Texas Pacific pro-
ject.
The Comptroller Of the Currency reports the
amount Of additional circulation issued during
the month of January, 1,04I, 900 total amount
issued since the passage Of the act. July IA,
1875, s41, III, $40. The total amount OF legal
terder notes retired to date under the act Of
Jan. IA, 1875, is $50, s29,57 amount retired
the present month, ss93,952, leaving the
amount of legal-tender notes outstanding Feb