The weekly democratic statesman. [volume] (Austin, Tex.) 1871-1883, 1878-01-24
TELEGRAPHIC NEWS.
NOON DISPATCHES.
DOMESTIC.
The Money Question.

The Money Question.
WASHINGTON. Treasury Department,
January 16, 1870.-The Secretary OF
the Treasury hereby gives notice that
from the Goth inst, and until further
notice, he will receive subscriptions
for the four per cent. funded loan of
the United States in the denominations
as stated below at accrued interest in
coin. The bonds are redeemable af-
ter thirty years from July 1, 1877,
and bear interest payable quar-
terly, on the first day of jan
uary, April, July and October of
each year, and are exempt from the
payment of taxes or duties to the
United States, as well as from taxation
in any form by or under State, munich
pal or local authorities. The subscrip.
tions may be made for coupon bonds
of fifty dollars, hundred dollars,
five. hundred dollars and of one
THOUSAND dollars, and for reg
istered bonds of fifty dollars, one hun
dred dollars, five hundred dollars or
one thousand dollars. Two per cent.
of the purchase money must accomps-
ny the subscription. The remainder
may be paid at the pleasure of the
purchaser, either at the time of the
subscription or within thirty days
thereafter, with interest on the amount
of the subscription at the rate of four
per cent. per annum-t to the date of the
full payment the bonds will
be transmitted free of exchange to
the subscribers and a commission of
one quarter of one per cent will be al
lowed upon the amount of subscrip-
ton, but no commission will be paid
upon any single subscription less than
$1,000. Forms of application will be
furnished by the Treasurer at WASH
ington, D. c., the Assistant Treasurers
at Baltimore, Boston, Chicago, Gin
cinnati, New Orleans. New York,
Philadelphia, st. Louis and San Fran
cisco, and by the national banks and
bankers generally. The appropriations
must specify the amount and denomi-
nations required; and for registered
bonds the full name and postotfice ad-
dress of persons to whom the bonds
shall be made payable. The interest
of the registered bonds will be paid
by check, issued by the Treasurer of
the United States, to the order of the
holder and mailed to his address. The
check is payable on presentation prop
erly Endorsed at the Office of the Treas
urer and Assistant Treasurers of the
United States, and the payment may
be made n coin to the Treasurer of
the United States at Washington or to
the Assistant Treasurers at Baltimore,
Boston, Chicago, Cincinnati, New Or
leans, New York, Philadelphia, ST.
Louis and San Francisco. To promo. e
the convenience of subscribers, the
Department will also receive in lieu of
coin called bonds of the United States,
coupons past due or maturing within
thirty days, or gold certificates issued
under the act of March 3, 1868. The
national banks will be designated as
repositories under the provisions of
section 5153 of the Revised Statutes
of the United States, to receive depos-
Its on account of this loan, under regu.
latlons to be hereafter prescribed.
Signed JOHN SHERMAN,
Secretary of the Treasury.
WASHINGTON, January 16.-The SEN
ate's vote ON referring Matthews's bill
to the Judiciary Committee, where il
would be pigeon-holed, was considered
an important vote, and in detail was as
follows Yeas-AIthony, Barnum,
Bayard, Blaine, Butler, ConklIng,
Dawes, Eaton, Edmunds, Hsmlin,
Hosr, Herman, Mcpherson, Mitchell.
Morrill,, Paddock, Rollins, Sargent ana
WadleIgh-19.
Nays-Messrs. Armstrong, Beck,
Booth, Cameron of Pennsylvania,
Cameron of Wisconsin, Cockrell,
Coke, Jrnover, Davis of Illinois, Dor.
sey, Ferry, Grover, Harris, Hereford,
Howe, johnson, Kirkwood, McCreery,
Matthews, Maxey, Merrimon, Morgan,
Plumb, Ransom, Salisbury, Sanders,
Spencer, Teller, Voorhees, and With
ers-31.
WASHINGTON, January 22.-At a Sc.
cret caucus last night. irrespective OF
party, on the silver question, over one
hundred were present, mostly from the
South and West, several from Pennsyl.
vania, and G:n. Butler frcR Masse-
chusetts.
Mr.. Buckner, of Missouri, presided.
He stated that the caucus had been
called for the purpose of organizing q
movement in both houses of Congress
to accomplish three objects: /. The
repeal of the resumption act. 2. The
remone tization of silver. 3. The sub
stitution of greenbscks entirely for
national banking currency.
After discussion the following was
adopted:
ResOloed, That the purpose of the or
gsnization, now about to be made,
shall be confined to the reconciliation
of the silver dollar and the repeal OF
the resumption act.
The general tenor of the debate
showed an indisposition to interfere
with national banks.
The meeting adjourned, subject to
the call of the chairman.
Boston, January 22.-The Dorches-
ter Savings Bank has been placed in
tie hands of finance committee with
Instruction to report within sixty days
VIENNA, January %. = Three hun
bred thousand refugees are fleeing to
Constantinople. The impression gains
that the Porte must purchase peace on
any terms.
Bank Failure.
Sc. JOSEPH, Mo-, January a2.-The
Buchanan Bank, of this city, has closed
its doors.
Pratt, Hubbeh s. Co., the largest
mercantile firm of MONTICELLO, ILL.,, has
failed. Liabilities, $50, 900.
NEW YORK, January 22.-The court
has appointed Peter AnmermaU, agent
to wind up the Brewers and Matters
Insurance Company.
s. NJ. Bixley s. Co., manufacturers
OF backing, have failed. Liabilities,
$12, 900.
Bennett 6 Smith, manufacturers and
ioobers of web cloth and felt skirts, on
Leonard street, have suspended. Liza
bilities, SIS. 900.
CHICAGO, January 22.-Samuel Bliss
& Co., grooers, have failed.