, 1878-02-08
OUR WASHINGTON LETTER.


~tyu.tGrv sherman gNr> Nu'lF IN''
irm IN, !Hrh inst. unit. further no'Wc.
h,. Wi'. ps, We subscription. t1r lh' per
,,nut | = mnhi 'lu. boz denominations
=, ,lalri ~ ov, rl par and aoturd lu-
trr.-t iu puu lhy hpuI- an rdr"mih'
m ~ wear, uum Ju.y J. -" aud lFii
ui,u.,r. p.,ah.n quarterly. "u thr llr'l
~, uI January. \pt0. IuN Jui OtinEr
ruI an exempt from taxes or duties llll-
Ne t.n'',,I ~,,ly, state, Municipal or l."-
cal Laws.
rne >u, -criptiouS may hr made Tor tou-
luu brud, uf 80. SluN. S5Oo, S.OVo, ami
Tor registered bond, of $50, 900, S1Oo'
>I.NrG $i.WN and Slo.os".
Two rrr cent. of th" purchase money
must ACCOMPANY the subscriptions the re-
msinder io H. paid At the pleasure OF the
p,Iphl,cr. ~ any time within ~ hayS
thereafter. with interest Oh the amount at
4 per cent. per annum. TO date ot pay,
ur.ut, when the bonds will be transmitted
irre Of charge 10 the subscribers, ahd u
commission Ot one fourth OF one per cent
will he allowed upon the amount oi all
tngle subscriptions reaching $1,000 or
above,
urms of application will be furnished
hy the Treasurer At Washington, the as
sistant treasurer At Baltimore. Boston,
Chicago. Cincinnati. New Orleans, New
York. Philadelphia. st. Louis and san
Francisco, and by the national banks and
brokers generally. Interpretations must
specify the amount and denominations re-
uuircd. and for registered bonds, the full
name and post-olice address of the person
TO whom the bonds shall bo made payable.
The interest on the registered bonds will
be made payable 20 the order of the holder,
mailed to his address. The check will be
paid on presentation, properly endorsed,
at the offices OF the treasurer and assistant
treasurer of the United States
The payments may be made in coin to
treasurer at Washington, or assistant
treasures at the points above named.
For the convenience of subscribers the
Department will also receive, IN lieu Of
coin. called bonds of the United States.
coupons Just due or maturing within 80
days, or gold certificates issued under the
act Of March 3. 1863 and national banks
will be designated as repositories under
the provisions of section 5,l53 revised
statutes OF the United States, regulations
to he hereafter prescribed.
The flagmentary report on the Chinese
question found in Senator Morton's pa
pers, aud presented in the Senate. Thurs
day, as minority report, takes strong
- u ol' IA favor of the MOngolian imni-
grant. Ii gives evidence of research into
I ,e history of the Chinese and favOrably
contrasts China with medieval Europe
His overflow into California is claimed to
be decidedly beneficial to that State. and
any restriction upon immigration is OPP
posed as Repayment to the genius of our
Institutions. The report claims that the
evidence taken by the commission shows
the Chinese as industrious, temperate and
honest, as rule: that nearly all agrcul-
tlral and railroad work in the State would
have to be suspended without him; that
his presence has tended to elevate, rather
than degrade white labor, and that the
bitterest enmity against him exists among
the worst elements OF San Francisco pop
,llatiOn. In this connection | may men-
tiOn that a bill to restrict Chinese immi-
grafton, was introduced by Mr.. Davis of
North Carolina, in the House, Thursday
About all the time Wednesday and |
Thursday in the Senate was consumed in |
enlogizing deceased Senators Bogy and
Morton, and the feeling appears to be
quite general outside Of Congress that
portion OF the time thus frttered away in
formal specch-making, could have been
much more protitably devoted to the many
vital problems now awaiting Congress
sional solution, without any Impairment
of the POST MoRTEM prospects OF either of
the dead Senators. Much time is devoted
In the lower House to the introduction of
private bills and of public bills relative to
the most trivial matters, by members ap-
parently anxious TO impress their consti-
tuents with their Representatives devo-
tion, or ambitious 10 slime in the "Rec-
ord rs author of Il bill; and the health of
majority appears unequal to the strain of
more than three or four hours duration.
Hoods various Committees under his in
vestigation resolution, are organizing for
for grand hunt after derelict Repubi-
car officials; aud il found. we may rest
easy as to any danger that the real magnl.
iude OF their offenses will not be promptly
aud fully made known.
A special message is soon expected. re-
commendng that members of the cabinet
he allowed seats In tie House. to enable
them TO penonally explain the necessity
Of such appropriations as they urge in |
their annual ppors, and to give inf6rma-
tion upon otiler matters Of their jurislic.
ton calling 6r legislation. The cae of
Thos. jefferson rs Secretary Of State. Is
cited as furnishing preudsnt tor such an
Innovation; aud u Is claimed that mem.
iers could thus prepare themselves 20 vote
on measures much more intclligenily than
nov. KNOX.
THE American consul al Honolu.