The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1878-01-11


Balance oil interest paid by the United
states. OBSERVATION-DISCLOSURES. 269ol, 4S9
The Comptroller of the Currency has called
for report showing the condition of the ma
tional banks at the close Of business on Friday,
Dec. %, 1877.
The internal revenue receipts for December
fell off ?44S,000 The cause is thought to be
the agitation in Congress TO reduce the taxes
on whisky and tobacco.
The coin in the national treasury, as shown
by the monthly statement Of the Treasurer,
amounts TO $3.50 SIS, 405. Nearly one-fourth
Of this belongs to private persons who hold
certificates OF deposit and may present them at
any moment. The amount owned by the Gov
eminent appears TO be 51O6, O93, sos, while the
legal-tender paper outstanding, for the re-
demption of which this coin has been accumu-
lated, is nominally $3.50, cor, 1903. A considera-
bic portion of this total has doubtless been
lost, worn out, or destroyed, and will never be
presented for redemption.
1t is stated from Washington that the pur-
pose Of the Ways and Means Committee in its
scheme for the reorganization of the tariff is
TO make o harmonious new Tariff bill. The
committee have taken the official estimates
Of the necessities OF the Government for reve-
nue., and propose to reduce the tax and tariff
40 that, while the necessary revenue will be
produced, the burden will be removed from the
people and from home industries.
The Postmaster General has prepared .abu-
lar statement showing the number of stamps
issued each fiscal year from 1859 to 1877, both
years included. From this statement the rapid
and constant increase in the business of the
postoffice is plainly apparent, the issue of Or
binary letter stamps growing from about
2O0,000,000 in 1S59to nearly 100000 in 1877.
The Postoffice Department, under directions
from Congress, is engaged in ascertaining
the compensation paid to postoffice clerks in
the different cities with the view 10 legisla-
ton looking to the equalization of the sal
aries.
1t is stated from Washington that plan is
in contemplation at the Treasury Department
TO send to the Senate bill intended az COM
promise for the Bland bill. The proposition
will be TO 80 amend the Bland bill a. to make
the silver dollar equal TO a greenback, and a
legal-tender to the same extent as the United
States notes are. Another proposition of the
opponents of the Bland bill il TO coin dollar
Of the same value intrinsically az the gold
dollar on the basis Of the present price of
silver.
The President has appointed the following
Assistant Commissioners to the Paris Expos-
ton ID. r. Morrill,, of Pennsylvania, Presi-
dent of the Cambria Iron Works; Prof. Wat
son, OF Michigan, the astronomer; Alfred
Grey, of Kansas, of the State Agricultural So
ciety; Andrew b. White, Of New York, Presi-
dent Of the Cornell University Prof. Jenkins,
of Louisville, chemist Col. Jillard, of Louis
vile, aud Prof. Stafford, of Tennessee.
8. A. Galpin, Chief Clerk of the Indian
Bureau, has been removed by Secretary Schurz
on account OF corrupt practices.
The report submitted TO Secretary schurz by
Joseph X. McCammon, Of the Department Of
Justice, Capt Thomas II. Bradley, United
States army, and George M. Lockwood, Chief
Clerk Of the Interior Department, the Board Of
Inquiry convened by him in June last to investi-
gate the Indian service, is very elaborate and !