Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1878-12-31
Sherman's Explanation.

doubtful, however, whether the frtsl-
dent has given any intimation to any
body.
Sherman's Explanation.
WAsIuNGTuX, December 30.--Serre-
tary Shcrmans explanation OF the
large balances standing to the credit OF
the Treasury of the United States in the
FIRST National Bank OF New York since
February LIST In not satisfactory To all
parsons and il is proposed to have an
investigation To- ascertain the exact rcla-
tons of that bank to the Treasury. The
resolution Tor an inquiry will be So
framed ~ To- ascertain who are the
ri ,ckhuldcrs and otherwise interested
ia that bank 1t is not Ia he presumed
that any one will object to the pro-
y DScd inquiry, because Secretary
Sherman has expressed desire
To- an examination OF the whole
subject. He has said hc would rather
prefer II, because II would call such at
tentiun to the subject as to induce other
blnks tu become more active agents OF
the ntcd States Tor rounding the debt
at lower rate Ul interest. Secretary
Sherman will, therefore, hardly regard
IT rs Kindness on the part ui any OF his
friends To- Ohj~ct To- any proposed inqui-
~. The more the figures are studied,
the more remarkable il seems that the
First National should have been the
only bank to- appreciate the great AL
vantage that would flow from extraordi-
" activity a. an agency oi she Govern
IA mt Western bankers, especially,
seemed To- hack their hoastcd enterprise
TIcy did not seem Ia realize that there
wlE money H. he made out Of these
Transactions. Perhaps they were in
that class ofhanks which Mr. Sherman
SAWS were timid and AFRAID Ia assume
the responsibility.
Resumption Matters.
WNSiuN"TuN, December -. Treas
urrr IrIIiillLn ridiculcs the idoa that any
successful attempt 1T combination can
H. made las banks or brokers to inter
tcTc with resumption. lie says that the
treasury Is prepared Ia avoid that; Il
hi liCicmt extra force oi tcllcr5 has been
provided for the sub-treasury III New
York IT, meet any demands. lie does
no, however expect that legal tenders
viii hr presented in large quantities, rs
he does net think that only persons
W bb NUM- any N'lhNNi'ItpIt nudIitilltS
VIII he willin. to surrender them Tor
Presentation. Resumption will not take
place, al course, until January al, as
January LIST was last yoar, by act OF Con
gross, made national holiday.
WAsHISGToN, December 30,--The
Secretary 'oi the Treanarv laughs NJ the
announcements that hc will he in New
York City Thursday To- witness the
effects OF specie resumption. why
ho sud, II good many persons think
there will br some violent CummOtiOn
on that day. have no doubt that
IL will In one al the most quiet daVs
New York has ever experienced. There
may he some lew persons attracted by
curiosity aud Others to obtain little
coin Tor their notes bat there will he no
excitement When business closed at
tho Treasury Department to-day the
available coin balance was S22G, ZOO, 900,
at which ,2OO. OUO OuD is gold The cur
rcnCy balance MAS Sl2, hOOOD. There
WI. sos, 2SO PAID out to-day IN currency
to persons prclcrring legal tender notes
togold
Consolidating Government Surveys.
WAsHINUr"N, December 20 The
Subcommittee oi the Appropriation
{ Immittcc, il Is said, has agreed 10 II
new plan to consolidate all SURVEYS in a
sort ul thrcc-hcadcd bureau in the In
terror Department. Conductors at pres
ent surveys, with one exception, are
SUPPOSED to oppose this scheme. An |
attempt will he made To pass il a. a see |
ton OF the legislative appropriation, |
under the plea that itpromises retrcnCh- !
nrnt. The bill proposes To- transfer the |
cast survey to the Interior department.; |
u create psychological survey; IT, strip |
the Commissioner Of the General Land |
O.iirc OF many al his present functions; |
T. abolish the Hayden, Powell !
and Wheeler surveys and generally 10 |
rcorganize the survey system.
Elections Investigating Committee.
WAsInNGT0N, December 30.-rhe fin
aucial officer OF the Senate has $4,000 |
for the Teller Investigating Committee, |
which met to-day. Chairman Teller !
aud Cameron, kirkwood Bailey and |
Garland, members uf the committee |
Present, were constituted a sub-commit |
tee to start Thursday next for New |
Orleans, Charleston, and such other |
points as the subcommittee may deter |
mine, To take TESTIMONY aud report to |
the full committee. Ii is understood |
that other subcommittee will nc APP |
pointed. The President and Attorney |
General were asked for all information |
IN their possession compatible with the
public interests.
Army Of the Tennessee Grant.
WAsHINGToN, December 30.-General
sherman is reported TO have recently |
sud, IN speaking OF the next reunion Of
the Army ut the Tennessee, that the
time and place OF meeting was left with
MN, and that he now expected To call
1t To meet in Chicago next November,
aai tn make the reunion coincident |
with the arrival OF General Grant In |
that city, and give the latter triumph
ant reception by his old comrades He |
said he had just written to General
nrant net tn hurry back too fast, but To
arrange to reach Chicago in November,
1919. However, General Grant expect
Ell to leave on his homeward route jan
nary L., travelling via India. lie may,
alter visiting California and Oregon,
hunt in the West during the summer.
War Of Chiefs sohury and Sheridan.
WASHINGTON, December 30.-General
Sherman has received the reply OF Gen.
eral Sheridan to the letter of Secretary |
Sthurz, demanding authority for Sheri-
nan's statement about the management
:" the Indian Bureau. The reply is said
u be quite as sharp as the letter OF in
curry, and refers to Enclosures, consist
ing OF reports from an army officer sta
TONED at or near the Indian agencies.
Inc letter will he furnished for publica-
toh as soon as a copy can be made and
forwarded to Secretary Schurz by the
Secretary of War.
Healing Plaster.
:, WASHINGTON, December 30,-Lewis
r. Payne, OF Virginia, who was recently
liie Republican candidate for Congress
sYalnst Hunter, in Alexandria Va.) |
Qlstrlct. has bean annoinfod liairicf Al.