The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1878-02-06
board, with George C.. Ayres, of Danville, rs
nroci6opf

board, with George c. Ayres, of Danville, rs
president.
Secretary Sherman has called for popular
subscriptions to the new four per cent. loan in
the following notice: The secretary Of the
hereby gives notice that from the
26th inst, and until further notice, he will re-
ceive subscriptions for the Jour per cent. fund
ed loan Of the Uuited States, in denominations
as stated below, at par, and accrued interest
in coin. The bonds are redeemable after
thirty years from July /, 1877, and bear interest
payable quarterly, on tho first day Of January,
April. July and October Of each year, and are
exempt from the payment of taxes or duties to
the United States, az well as from taxation in
any form, by or under State, municipal, or local
authority. The subscriptions may be made for
coupon bonds of $50, 500, $500, and $1,000,
and for registered bonds Of $50, 800, $500,
$1,000, 5000, and $4,000. Two per cent. Of
the purchase money must accompany the sub
scription the remainder may be paid at the
pleasure Of the purchaser, either at the time
of subscription or within thi, ty days thereafter,
with interest on the amount OF the subscription
at the rate of four per cent. per annumt to date
of payment.
Upon the receipt Of full payment the bonds
will be transmitted, free Of charge, to the sub
scribers and a commission Of one-fourth OF ono
per cent. will be allowed upon the amount Of
subscriptions, but no commissions will be paid
upon any single subscription less than $1,000.
Forms of application will be furnished by the
treasurer at Washington. the assistant treas
urers at Baltimore. Boston, Chicago, Cincinnati,
Louis, and San Francisco, and by the national
banks and bankers generally. The applications
must specify the amount and denominations
required, and for registered bonds the full
name and post Office address of the person to
whom the bonds shall be made payable.
Tho interest on 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 il payable on
presentation, properly Endorsed, ut the offices
of the treasurer and assistant treasurers OF the
United States. The payments may be made
in coin to the treasurer of the United States, at
Washington, or acknowledgements at Balti-
more, Boston, Chicago, Cincinnati. New Or
leans, New York, Philadelphia, st. Louis and
San Francisco. To promote 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 Marcn 3, 1868; and national banks
will be designated as repositories, under the
provisions Of section 1888 Of the revised sta
tutes of the United States, to receive deposits
on account Of this loan under the regulations
TO be hereafter prescribed.
A treaty OF commerce and friendship between
the United States and the Samoan islands has
been signed by Secretary Evarts and tho repre-
sentative Of the islands.
The late Senator Morton's incomplete report
on Chinese immigration, found among his
papers after death, has been made public. It
favors free admission Of the Chinese to this
country also their naturalization and repre-
sentation in Congress and the legislatures.
The House committee on appropriations have
fixed the pay of letter carriers at $500 and
$1,000 per annum for first and second class
salaries, the latter to apply to cities containing
over 5000.
At a cabinet meeting the President an
nouEced his intention to send to Congress a
message on the subject Of Chinese immigra-
grafton.
During q discussion in the House regarding
a bill fer the relief of W. q. Newman for pro-
perty destroyed at Alexandria, Va, in the war,
MIR. Jones, of Ohio, sent up to the clerks desk
and had Samuel J.. Tilden's letter Of accept
ance of the presidential nomination read. The
discussion that followed was wound up by
Representative Mills, Of Texas, who said that
Mr.. Tilden would never again be the Demo
cratic candidate for President.
A meeting Of prominent business men from
all parts Of the United States will be held in
Washington soon for the purpose of discussing
the question OF how to restore American COM
merce and to urge Congress to take steps lead.
ing to the attainment OF that object.
A oRe-cent eating house has been opened in
Washington.
A meeting OF congressman favoring silver
money and anti-resumptiou was held for the
purpose Of couferring together as to the means
to be adopted to attain the reconciliation
Of silver and the passage Of the bill repeating
the resumption avs Speeches we're made by
Messrs. Butler, Of Massachusetts, and Ewing,
of Ohio, and an executive committee OF sever
was appointed.
Foreign News.
A letter has been written by General CARR
baldi to King Humbert l., begging him tt
follow in the footsteps of his father, Victor
Emmanuel.
The cassion containing the Cleopatra obelisk
which was abandoned at sea and afterware
towed to a Spanish port, is again afloat and or
its way to England.
The Grand Duke Nicholas IS prepared to tel
the Ottoman ENJOYS the preliminaries Of peace
Russia will expect. Both Russia and Austris
have repeated their claim to be consulted or
the conditions Of peace. The Greek nationa
guard has been called to arms. Queen Victoria
has formally assured the sultan of her sym
pathy.
The British parliament met without any
State ceremonies, as the queen did not oper
the session in person. In her speech the
queen says that the conditions upon which she
had declared her intention of remaining neutra
IN tho Eoofarp mo bod mot hoon iDfriDuac
upon; but should hostilities be prolonged some
unexpected occurrence may render it incum'
bent upon her to adopt measures Of precaution,
and in such an emergency she would look tt
parliament to literally supply the necessary
means.
The late King Victor Emmanuels funera
took place in Rome, after the body had beer
lying in state several days. The procession
was headed by fifteen military detachments
after which came the funeral car, surmounted
by the iron crown Of the Limbards and sur
rounded by o guard Of honor and special rep.
sentatives from foreign countries. Then came
the dead kings favorite horse, riderless, after
which followed eighteen d tachments Of civil
dignitaries and 1900 Populations from all parts
of Italy. The procession took one hour and
half in passing a giving point. The religious
ceremonies were short and simple.
The American residents in Rome have pre-
seute1 an address to King Humbert OF Italy
through the United States ambassador.
Queen Victoria's speech to parliament. has
caused disappointment in Constantinople.
The Egyptian obelisk (%Cleopatra's needle
has arrived in London.
A banquet to the African explorer, Stanley,
was given in Paris.
Adriarople has been occupied by the Rus
sian advance guard, and the sultan and Turkish
government have determined to evacuate Con.
stantinople as soon as the cars troops arrive
within, twenty-five miles Of that place.
CONGRESSIONAL SUMMARY,
Senute.
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