Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1878-05-15
Washington.
THE FIVE PER CENT. BILL.

1nltto6 on puOHC ldlluS HAS ueClueu
to rec ommend the passage Of the
so-called 5 per cent bill introduced this
session by Representative Sapp, Of
Iowa. The bill provides for payment
by the general government to the states
of Ohio, Indiana. Illinois. Missouri,
Michigan, Wisconsin, Minnesota, Iowa,
Nebraska, Kansas, Arkansas, Louisiana,
Alabama, Mississippi, Florida, Oregon
and Nevada, 5 per cent on localities Of
military land warrants therein, estimat-
ing the same at one dollar. Twenty
five per cent. payment is to be made in
treasury certificates, running twenty
wears, and bearing interest at the rate
of $50 per cent.
ONES AND Twos.
In accordance with instructions, the
house committee on banking and cur
rency, Representative Phillips pre-
pared, and has been authorized to re-
port to the house a bill directing the
secretary of the treasury to reissue in
denominations of 81 and 81 y. S. notes,
the sum of $1O,OOO,OOO, held in reserve
in the treasury for the redemption of
fractional currency not yet redeemed,
and requiring that the same shall be
paid out on dem ind for current eX-
penses of the government, SO as to
place it in circulation. The bill also
provides that any fractional notes not
destroyed which may hereafter be pre-
scented for redemption shall be redeem
ed for coin or notes in the treasury,
and any sums accruing from this re-is-
sue, and needed to meet appropria-
tons, shall be employed in paying and
canceling bonds of the kind subject to
call, bearing the highest rate of inter-
est.
THE SOUTH CAROLINA Contested CASE.
The house committee on elections to-
day disposed of the South Carolina con-
tested election case of Richardson, dem
ocrat, against Rainey. republican, the
sitting member. A majority report of
the committee will be presented declar-
ing the seat vacant, and a minority re-
port in favor of retaining the present
incumbent.
THE POSTAL DEPARTMENT.
Washington dispatches of the Sth state
that the appropriation for postal
department as reported from the
senate committee on appropria-
tons. is amended by the adj
dition of the following amendments to
the items Indicated: r. r. transporta-
ton, $685., 900; letter carriers, $135,OOO;
clerks in the postoffice, 100000: r. R.
postoffice clerks, $4,000; route
agents, $4,000; mail route
messengers, $4,000; maps, SIS, 900; rent,
lights, ETC.. $4,000; miscellaneous
items, $4,000; total added, SS56,OOO;
making a total bill of S23, 996,373, OF
which amount the revenues of the de-
partment are expected to provide all
but 81, 962,274. The total of the bill as
now reported is about two and one
half millions less than the departme
estimates, and $109,77O less than the
amount appropriated for the postal SER
vice of the current fiscal year.
TAKING UP THE LOAN.
The syndicate has subscribed for an
additional 100000 of the four and
half per cent. bonds, making $25 100000
taken of the $5O,OOO,OOO contract.
GREECE ACCEPTS.
At the cabinet meeting to-day Sec.
Evarts announced that official informal
ton was received of the acceptance by
Greece of the invitation of the govern
ment to participate in the international
conference on the subject of proper
ratio to be fixed between the values
of gold and silver. Three European
nations having now accepted the invi-
tation it is competent for our govern
ment under the terms of the recently
enacted silver bill to make definite ar
rangements for holding conference
but no appointment of commissioners
on the part of the United States will
be made until other nations accept.
THE MEXICAN BORDER.
Washington advices under date of
May 9TH, state that Gen. Mcdowell has
been instructed to institute a vigilant
watchfulness along the southern bor-
der Of Arizona and Southern California
to prevent violation of the neutrality
laws by the Lerdo revolutionists, and
to arrest any and all parties who are
suspected of congregating on the Dor
der for that purpose. Gen. Ord has no
tilted the war department that he has
made such distribution of the force I'M
der his command as will, in his judy
ment, with the cooperation of other
federal officials and state officials, pre-
vent any serious violation of the neu-
trality laws. He has directed the
prompt arrest of all suspected persons
who may attempt to cross from the
United States into Mexico His action
has been approved at headquarters in
this city.
BONDS CALLED IN.
Washington advices Of the 9TH states
that the secretary of the treasury yes
terday called for the following five
twenty bonds On account of the sub
scriptions to the per cent. loan; cou-
pom bones dated July LIST, 1865, ramely:
$50, No. 53,OO1 to $4,000, both inclusive;
500, No. 90,OO1 to $4,000. both inclu-
sive; $500, No. 63,0O1 to $4,000, both in
elusive; 81 900, No. 114,4O1 to 10000:
both inclusive; total coupons, 3 millions.
Registered bonds redeemable at the
pleasure of the United States afler the