Evening star. [volume] (Washington, D.C.) 1854-1972, 1878-06-18

SECRETARY SHERMAN's FINANCIAL Policy.
Hon. W. A. Phillips, of Kansas, a member OF
the committee on banking and currency, ad.
dressed a telegram to Secretary Sherman
saying: several members desire to know
whether, If the House agree to the Senate sub
Stltute Tor the bill repeating the resumption
act, there is danger of legal tenders taken for
four per cent. bonds being locked up, OF
whether they will be paid out only for current
expenses, and whether any surplus there may
oeW oe VIII be used In retiring the bonds bearing
higher rate OF interest" The Secretary re,
piled: My intention and expectation is to
apply all the proceeds of the four per cent.
bonds, whether sold for United States notes or
coin, to the redemption of the five twenty-six
Per Per cent: bonds. ! hope the House may make
customs duties discretionary instead of com
pulSoly.n To this Mr.. Phillips replied: Your
answer does not cover, the question whether
you VOW VIII Keep in circulation the legaLtender
notes received for customs or whether they
WI VIII pc h0arded so as to produce contraction T.
me me secretary answered this by saying: 81
eefil;aihiy Ssir;t would obey the law in letter and
spirit, and would seek to keep in Circulation
an united States notes that could be main
tailled az par with cOip notes received for Gu;
obaEs toms duties ut and would be used in the pur-
chaSes OF coin and bullion"
Inc House refused to concur in the Senate
amendments to the repeal of the RESUMPTION
law, because the soft money men construe the
ssbove sbor' correspondence to mean that Secretary
SRernan would execute the law as measure
OF contraction.
The OBJECTIONS TO DELFossE.-Additional
correspondence was laid before the Senate last
night in regard to the selection of M. Maurice
DJei!osse ~ as one OF the commissioners under
the treaty OF Washington on the fisherias ones.
tlon. IL deVelopes nothing new of special in.
ierest, except letter addressed to Secretary
Evarts by Monsieur Delfosse ON the 23d ultimo
pOintment which was rafsed hv tbe rnVorpp %p
ment OF the United States several wears agn
had nag. never never been revealed to him, and were In
TACT absolutely unknown to him previously To
their publication about two months ago az IA ri
OF the official correspondence then sent to the
United States Senate. W 'no
THE MISSISSIPPI TIMBER DEpREDAT1oss-
Mr.. V. j. Baxter, chief clerk of the Land Of
flee, who was sent by Commissioner William.
son to Mississippi to examine into the lumber
cases pending before the courts of that stata
has made his report. The condition of each
OF OF the 70 eases which were continued is shown
volyed in any one OF the suits is 7,l6l logs and
the status OF the suits Mr.. Baxter visited the
versed with log-cutters and learned their
habits and methods of operation He reports
mat there Is great difficulty in the identffica.
tion of logs cut from government land, OWING
to the loose, disorganized system of ioseinS
operations largely practiced on these streams
After Portraying the distinctive features of
The Mississippi cases Mr.. Baxter recommends
that immediate provision be made for a sur.
vey, when shall connect the evidence, prop
erly Identify the lumber as government prop-
erty, and show where and by whom it was emf.
In order that the suits may be brought to q
favorable termination at the November term.
NAVAL ORDERS. - Lieutenant Commander
VIM. nj. Folger from the Navy Yard, Wash.
ington, 9th inst. and ordered to duty at the
Naval Academy, 25th inst. Passed Assistant
Surgeon John III. Hall, from the Naval Hos.
pltaI, Washington, 30th inst, and granted six
months leave from the Sth Of JULY with mar
mission to leave the United States,