Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1878-11-06

L, d.
dent of the United States. do appoint Thursday,
the 18th day of November next, as day of ma
tional thanksgiving and prayer, and earnestly
recommend that withdrawing themselves from
secular cares and labOrs, the people of the United
States do meet together on that day in their re-
spective places of worship, there to give thanks
and praise to Almighty God for His mercies, and
do devoutly beseech their continuance.
In witness whereof, | have hereunto set my
hand and caused the seal of the United States to
be affixed Done at the city of Washington, this
Both day of October, in the year of our Lord one
thousand eight hundred and seventy eight. and
the independence of the United State one hun
dred and third.
fSEAII RIB HAYES.
By the President:
WV. NJ. kvARTs. Secretary of State. :
A STATEMENT BY SEC. SHERMAN.
Says Washington dispatch of Nov.
LIST, Secretary Sherman has written the
following letter in regard to the condi-
ton ofthe treasury for specie resump-
ton, ETC.:
TART, WASHINGTON, d. c., Oct 3l.-J. Leroy II.
D0dd, Buchanan. Mich.-SIR: l am in receip-
of your letter of Oct. goth. making certain nquir-
les TO the condition of the treasury for resump-
ton and the amount of paper circulation per
capita in this country and the principal countries
Of Europe. In reply, have to inform you that on
was $685., 659, 646 This entire amount, however,
was not avail liable for resumption purposes, but
subject u IdOullleS, as lOllONs.
Interest due and unpaid g. 345, $50
Debt on which interest has ceased. 80. IL, 524, $40
Coin certificates (gold). ...........s. 81, 500 600
Coin certificates (siiVer)..-.... ..-.. 1,s4s, o7O
Unmatured bonds called for resumption Al, 500 COO
Total =. SIS, 4s7. ISL
Leaving for resumption purposes, S134, 23l, sos.
The coin receipts into the treasury will prob
ably exceed by a considerable amount the coin
payments between now and January, 1879, so
that at least the above balance will then be avail
able for resumption purposes.
1t should also be borne in mind that meanwhile
there is probability of the entire coin iabili-
ties being presented for payment. aN
As to the paper circulation OF the European
countries this department has no information,
cept what can be obtained from publications
open to all. The London Economist of Sept. IA.
1878, the latest at hand, states that the amount
Of paper circulation of the banks in the United
hngdom. the amount retained in the banking
966.9T The circulation of the Bank of France,
which alone in France has authority to issue
that of the Imperial Bank of Germany Sept,
43O45O,OoO 1t is understood that some OF the
country banks of Germany have authority, under
certain restrictions, to issue notes. but as the
amount issued is not stated in the financial pub
LEGATIONS it is believed to be inconsiderable
Reducing these amounts to the currency of this
country, the per capita of circulation appears to
be as follows:
Population. Per
France $3.50, 9s7, 900 1906, 7ss S. ' sfs.q
United Kingdom 213. 965, 600 3d. Ala 900 $50
Germany: 49,. las, O15, 600 az, ~, 800 $40
United States. 6ss, 597, 275 q. 900 900 IA 65
1t will be seen that the aggregate as well as the
per CAPITA amount OF paper circulation is larger
in this country than in anyof the other countries
named, and largely in excess of any except that of
France. Inthat country, however the circulation
has been reduced to the amount above stated
since November. 1873, from 1907 900, reduc-
ton OF sl4l ,0930oo while IN the same period the
of how has
Sl46,OOO0oO to Si35 100000. Very respectfully.
- ~ JOHN notwithstanding.
PAYNE's PROMOTION. -a-------
A Washington special of, Nov. LIST
says: President Hayes to-day signed the
commission of Halbert E.tPayne, Of
Wisconsin, to be commissioner Of pat
ents, vice Ellis Spear, resigned. Gen.
Payne will enter upon his official duties
tomorrow. r.-r - ~
IN. POSTAL REVENUE. n ~ H3iG}
ysaWashmgton telegram of Oct.31:
ending June 30th, 1873, of. J. McGrew,
auditor of the treasury for the postof-
nee department, has been completed.
lhe aggregate of postal revenue and
grants from the treasury during the
year was $34,5S5, 169, and the expendi-
lures S54. I6o,Oo4, leaving an excess. of
receipts over expenditures of $42O,OS
A part of the amount drawn from the
treasury during the year was, however,
appropriated on account of deficiencies
IN previous years. The net revenue
for the year, from the sale of postage
stamps, 500, $50, 115, against $15, 8S1 ,935
last year. The amount of stamps.
stamped envelopes, ETC., sold, $27, 375-
593, against 1926, 757, 515. In 1877 ex-
pended during year for mail transporta-
ton, S19,444, 179, against $40 $500
the previous year. .- 80 .''F .
j From the statement of the collecting
division, it appears that the balance due.
the late postmaster is $47 ,292, and the
balance due from postmasters to the
United States is $49S,563.
From tables showing. the operations
Of the money order Office, it appears
that the revenue from this source for
the year was $209,647 against 500, las
tor the previous year. e - "a
SETTLING UP THE PUBLIC LANDS.
Hon. }. A. Williamson, com missioner
of the general land Office, completed
his annual report to the secretary Of
the interior Oct. 30th. 1t shows, during
the. fiscal year ended June 80, that
s,6s6,17Si acres of public lands were
disposed of, and S,O41, oil acres, were
surveyed, in addition Ito 721 ,618,74S
acres previously surveyed. The total
number of acres of public domain shll
unsurveyed is something over one
thousand million acres. The disposals
were mainly as follows
Homestead entries oIsn 4. III. dis s44
. Timber culture entries ~ - H. SO 434
Desert land entries ..................... 3d. $50
Grants Gran su to faS1.oads . 80 S e. 40
swamp lands patented.s ..s...... -. 202 926
These figures show great increase in
the quantity of land taken up by the
class OF actual settlers as homesteads
and tor the purpose Of timber culture,