The Milan exchange. (Milan, Gibson County, Tenn.) 1874-1978, 1878-01-17
CURRENT NEWS.
WASHINGTON.

II was determined at a recent Cabinet
meeting that the Secretary of the Treasury
should, as soon as practicable, invite a
further subscription to the public loan Of 4
per cent. bonds, and so conduct it that all
subscribers in all parts of the United States
shall have free and easy opportunity to sub
scribe 70 bonds Of any amount authorized
by law, through National Banks and
bankers OF established credit, and TO give
every facility allowed by law to convert post
al orders, certificates Of deposit and United
States notes into coin for the payment OF
bonds, and, where necessary, TO sell coin to
facilitate subscriptions, and TO favor any
legislation that Congress might see fit to
adopt TO promote deposit Of savings for the
funding of the National debt.
The National Female Suffrage Convention
met in Washington, d. c., on the It'll.
The Secretary Of War on the 9th made
requisition upon the Secretary Of the Treas
ury for 500, 900, the second installment due
to Capt. James b. Eads on the improvement
of the mouth of the Mississippi. A practi-
cable channel, no where less than 200 feet
wide and % feet deep, now exists from the
South Pass between the jetties to the deep
water Of the Gulf of Mexico.
The Senate Committee on Privileges and
Elections on the 18th heard the arguments
of number of delegates from the National
Woman's Suffrage Convention.
On recommendation Of Secretary Schurz,
an Executive order will shortly be issued
disseminating the Central Superintendency
OF Indian Affairs, in regard to the conduct
recently made by report Of the Board Of
Inquiry. A number Of clerks in the Indian
Bureau have already been discharged in ac-
cordance with the recommendations OF the
Board, and similar action win soon be taken
in regard to a number Of other persons con-
nected with the service. Various other re-
formatory measures, based upon the report
of the Board, have been determined upon
but are temporarily delayed in order tc
make them more effective by institution oil
civil suits or criminal proceedings against
parties implicated.
John Q. Smith, eXCommissioner of In.
dian Affairs, has written a letter bitterly
attacking Secretary Schurz for the alleged
injustice done him in the report Of the in.
vestigation Of the Internal Bureau. He sayi
that MIR. Schurz promised, il any evidence
was submitted against his integrity or eff.
cheney, that he should be given an opportu
nifty to reply. He received no notification
but finds himself seriously attacked. HI
asserts that some statements in the repor
are false.
An anonymous pamphlet, containing very
serious charges against Secretary Schurz
has been circulated in Washington and laiC
before the members Of the two houses.
The new tariff bill reduces the articles
taxed from 2,160 to 400.
A bill introduced in the House by Mr..
Price, of Iowa, empowers Secretary Sher-
man to issue $40, $40, $50, and 500 certif-
Gates of deposit, bearing interest at the rate
OF 3.65 per cent. year, and redeemable ex-
clusively in per cent. bonds of the United
States. 1t also requires all national banks
TO receive these certificates at par and ac-
crued interest, and provides that any ma.
tional bank may hold two-thirds Of its re-
serve in them.