Daily press and Dakotaian. [volume] (Yankton, Dakota Territory [S.D.]) 1875-1880, 1878-12-17
Gold Sold 1t Par in New York
To-Day.
Senator Plun introduces an Amend
nent Of Interest to the
Frontier.
Trouble Breaking Out IN the Bank Note
Printing Department.
Coin to the Amount Of Sl35, 600 900 Is Now
on Hand for Resumption Purposes
WASHINGTON.

l WV ssss0 sVs ssV sVSUSbPsSVss 60s YV00A
=. Z.
WASHINGTON.
EVIDENT CR0OKEcNEss.
Washington, Dec. l7-Mr. Glover, chair
man of the committee on expenditures in
the treasury Department has sent Mr.. Atkin-,
chairman Of tlecommittee on appropriation,
statement that national bank notes have
been printed in the bureau of engraving and
printing instead of under the directions of
comptroller Of the currency, a. the Law re-.
quires, and that the bureau obtained work
on the back Of notes by offering to do it for
1892 = thousand Impressions, which was
less Than the bid of any of seven bidders;
but that from the first of Januaoy to the first
of July last only about one sixth of the
work was done at this pricea,the the remain
der being charged secretly at fourteen dol
lars thousand for second printing, or green
tint and twenty dollars thousand for third
printing on faces. Mr.. Glover saws that
congress and The public have been deceived;
that the bureau 6gures are wholly .unreliable;
that the bureau report, do not make . prop.
er showing of the cost, and that bank note
printing indicates less expenditure and ex.
travagance within the last fiscal year to the
extest Of over one hundred and thirty thous-
and dollars. The expenditures of the bureau
before 1874 are not even known, being mix
ed with the so.called expense of the nation.
81 loan, and it would take q corps Of
clerks six months to ASCERTAIN the actual
state Of the account.
DUTY ON SUGAR.
Washington. Dec. 17.-The secretary Of
the treasury and other treasury officers
we're before the ways and means committee
this morning, and advocated fhe passage nt
q bill prepared at the treasury department
to prevent the evasion Of duties on sugar
under tte:present color standard.
SECRETARY SHERMAN EXPLAINS.
The secretary Of the treasury sent to the
sena ,e to-oay communicative In response
10 the resolution Of Beck. adopted on the
Sd inst.. regarding sllv,.r coin. The secre-
tary transmits the report made to him on
the subject by the treasurer and adds: I'm.
der the existing laws either gold coin or
standard silver dollars may be used in the
payment Of interest on the public debt
The law does not direct which shall
be paid, but leaves this 10 the discretion of
the department to be exercised upon con.
siderations Of public policy and the practice
Of allowing the creditor the option of the
form and denomination of money in which
he shall be paid, has been observed. The
manifest object Of the act to authorize the
coinage Of the silver dollar, and which re-
stores ito legal tender character, when con-
strued in connection with the resumption
act, is that gold coins and standard silver
dollars shalt be maintained at par with each
other, and this object can best be obtained
BY paying out such coin As may SUBJ
serve the conveniences of the person be
paid, and not 10 force upon him either
form Of money. Any other course would
discriminate against the standard silver dol
lar and tend to iss depreciation. Treasurer
Gil6llan, in his report, says no distinction
has ever been made between gold and silver
money in the treasurer's general coin ac-
count.
The total receipts Of standard silver dol.
lars from the lat Of July last to November
30th, were $5,l78,345, one million and =
half being on account Of customs. These
figures do not cover silver certificates which
The treasurer has exchanged for standard
silver dollars with the public for gold coin
! to the amount Of 81, ,54l,7S5. Coin interest
PAID during the current 6scal year amounts
to eS9, ,846. .224. Silver coins received dur
ing the current fiscal year have not been
specifically applied 10 the payment Of inter-
eat upon bonds and notes Of the United
States, except 40 far as fractional silver re-
ceipta has been used in the disbursements
for coin interest in making payments Of
fractional parts Of dollar.
TO BEGIN WITH.
The United States treasurer expects to
have on the first of Jaausry, exclusive oi
OIL demands, $l35. 5000, 900 10 coin With
4 which to resume specie payments.
Ex.sEcnErARY RosESsoN.
I Washiastoa, Dec. 1.-THE committee on
naval shsirs to-day decided to give ex.Sec.
setary Robe.on and o.hsn implicated in
irregularities BY testimony taken 10 the IN
| ves.iea,ion, an opportunity 10 furnish Prool
a desired BY lhsn 70 shov that the change
were false.
| A5ro,xs,aErE
The president has sonfaaied Mn. Emily
D. Dsliaas po.eaialrss u Toledo.