Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1878-02-06
Washington.
APPOINTMENTS.

APEOlNIMENTo.
A Washington dispatch dated Jan.
31st says the president has appointed
the following honorary commissioners
TO the Paris industrial exhibition:
Alexander Mcleod, Delaware; Jos. G..
Thorpe and Robert H. Baker, Wiscon-
sin, and W. S. Keys, Nevada.
A GOVERNMENT RAILWAY PROJECT.
The house committee on railroads
and canals to-day heard an argument
in advocacy of the several bills now
pending before the committee provid-
ing for the construction of double
track line of railway from New York to
Council Bluffs. After some considera-
ton it was agreed to refer the matter to
a subcommittee consisting of Schleich-
er, Mckenzie and Mitchell.
SUBSCRIPTIONS TO THE FOUR PER CENTS.
Arrangements have been made by
the secretary of the treasury to receive
IN payment subscriptions to the four
per cent. loan, coin or currency checks
drawn on banks or bankers in New
York. The currency checks will be
converted into coin at current rates
without expense to the owners, and the
excess over the amount due on subscrip-
ton will be returned to subscribers.
Similar arrangements for collecting
drafts will be made, if found necessary,
IN other cities having sub-treasury
offices.
THE VALUE OF MONEY.
Advices from Washington Of Jan.
Both state that the Senate Finance Com
mittee to-day authorized Senator Allison
to offer, with Its sanction, as an amend
ment 10 the silver bill, his provision for
an international money conference to
TX the common ratio value Of gold and
silver. The determination of this ratio
is not, however, a condition precedent
10 the provisions of the bill. On the
contrary. the bill if enacted is to go
into effect Immediately. and the CON
ference, if agreed to, will be held sub
sequently. elltE.
THE TWENTY CENT PIECES.
The House Committee en- Banking
and Currency agreed to Recommend
the passage of bill disseminating the
coinage of twenty cent pieces.
THE sECOR CLAIM.
The House Naval Affairs Committee
decided to report adversely upon the
claims of Secor & Co., Nathaniel Nc
Kay, and Perine, Secor & Co. ior extra
compensation for building certain
steam rams, etc.
STEALING GOVERNMENT TIMBER.
The secretary of the interior has re-
ceived a letter from a prominent citizen
Of Utah giving an account Of the de-
predatiOns of contractors for furnishing
timber of all kinds to the Union Pacific
railroad company, who states that these
depredations are committed all along
the line, and that hundreds of thousands
of railroad ties, stores for snow-sheds,
cord-wood. logs, and timber. are taken
from government Understands on the
line of the Union Pacific railroad track,
ali the way from Tie-siding to Ogden,
and that these depredations amount to
millions of dollars annually. The cor
respondent also states that the contrac-
tors have established system of pc
onage similar to that in Mexico, in
which scores of honest, Woodworking,
sober and faithful men are being OPP
pressed, in violation Of every right be-
longing to freemen in the United States.
COMBINATIONS.
The senate confirmed the following
nominations: G. Boldey, receiver of
public moneys at New Orleans; James
[. Ray, receiver Of public moneys at
Monroe, La; j. L, Mahan, of Indiana,
agent for the Indians of La Pointe
agency, Wis. Postmasters- Robert
Cowden, Galion, Ohio A. C. Silsby,
Idaho (tifx- II w EorJ Lo,+ ~.
annie, Wy. T.; Mrs. Myra Backstock,
Manitou, Col 80
SHERMAN ON SILVER.
A Washington dispatch dated Jan.
18th, states that Secretary Sherman in
an interview says that he recognizes the
fact that the silver bill will become a
law. He believes there is clear two
thirds for it in each branch Of congress.
He saw no reason for a belief or nope
that it could be defeated He thought
an amendment might be put in, but
that not much difference could be made.
He thought that the people in New
York did not fully understand the
strength of the silver bill move
nent IN congress. Up to to-day the
correspondents Of New York papers
have insisted that the bill could not
command a two-thirds vote. He was
not, therefore, surprised at the course Of
THE GOLD MARKET.
Besides, the reconciliation Of silver
will not affect gold or greenbacks at
once. All the silver that can be coined
for several months would be used for
the payment of duties, and the people
n general will not see much of it until
sometime after the passage of the bill.
He sad that a. the supply Of silver in
creased gold would entirely disappear,
and then greenbacks will gradually de
preciate. Mr.. Sherman was of the
opinion that the silver people viii be
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