Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1878-12-18
WASHINGTON JOTTINGS.
SCHEME TO DEFEAT RESUMPTION
Frauds in the Bureau of Engraving and
Printing - Coin for Resumption -
Sherman's Answer to Becks Re-
solution Of Inquiry.
s-heme to Defeat Resumption-Its
Ramaly.

s-heme to Defeat Resumption-Its
Remedy.
WASHINGTON. December lit is
-,.,,.J that A band OF Wall street specu-
,t,nr, ha, Organized to lock up gold, i'll
p;,riuatiun of resumption. The House
Ranking and Currency Committee has
nudrr consideration some measure by
,hich il is hoped that such scheme
vll hr defeated. The plan proposed is
, hin max ing it ii uIISdenleanor to lend
money on collateral security OF gold or
.ij,rr COIN, or certificates. A bill OF this
..,rt p,.ssed at the time speculatOrs were
In the habit oi locking up greenbacks,
,trrruallv prevented this speculation.
The law prohibiting loaning money on
'r.rnharkS as collateral does not, how
ever, include gold.
C,mmunication of the Secretary ef the
Treasury in Reference to Silver Coin.
WASHINGTON, December 1.-THE See
r.,ary of the Treasury sent to the Sen
AZ. Today, "A communication iii response
=, The resolution OF Mr.. Beck adopted
.u the 81 inst, regarding silver coin.
Tine secretary transmits the report made
+, him on this subject by the Treasurer
.uIuIdS: Under the existing law either
,DM ur silver CON, or standard Silver
,I,lars, may he used in the payment of
The interest Of the public debt. Thelaw
doe, not direct which shall be paid, but
E.ayrs this to the discretion OF the De-
r.rtment to be exercised upon consid
raton OF public policy, and the
ractire of allowing the public credi-
irr the option of form and denomination
n. The money in which he shall be paid,
ms been observed. \ manifest object to
the act To authorize the coinage OF the
silver dollar, and restore its legal ten
i.r character, when construed i'll con
u.rlIun with the resumption act, Is
That gold coins and the standard siver
.,llar shall be maintained at par with
rrh other, and this object can best be
uIlAlned by paving out such coin as
nav SuhServc the Convenince Of the
p.r-on to he paid and not to force upon
him either form OF money. Any other
course would discriminate against the
standard silucr dollar and tend To- Its
d,prcciation.
treasurer Giltillan, i'll his report,
sn, that no distinction has
ever been made between gold
and silver moneys in the Treasury's
general coin account. The total receipt
ut standard silver dollars from July LIST
IL November 30Ih were ~, S,345, one
million and hall being on account Of
customs. These figures do not cover
silver certificates. The Treasurer has
exchanged standard silver dollars with
the public for gold coin to the amount
I'll 81 ,234, ,7S5. The coin interest Tor the
current fiscal year amounts to S;D,;ii5,-
~. The silver coin received Tor the
current fiscal year have not been spe-
officially applied to the payment OF in
trrrst upon bonds and notes OF the
'nited states, except So far as the irac-
uunal silver received las been used in
making payments Of fractional parts of
4 dollar.
Cabinet Meeting.
WASHINGTON, December l1.--At the
cabinet meeting there was a general
rongratulation among those present at
the peaccablc condition OF things
throughout the whole country. One
member remarked that at no time
within his memory was there more
harmony and good feeling i'll all sections
lnm now. The financial condition was
alluded To- as thoroughly satisfactory,
ami the only Indication Oi trouble any
where, was in the military department
ui the Columbia. where ten. Mcdowell
M,, some reason tuirar Indian hOstllltles
Frauds in the Bureau OF Engraving and
Printing.
W,>HINnruN, December IL. -- MIR.
clover, Chairman of the Committee on
Expenditures in the Treasury Depart
m,nt, has sent Mr.. Atkins, Chairman
ot the Committee ON Appropriations, II
statement that National bank notes
had been printed i'll the Bureau OF En-
craving and Printing instead Of under
the direction ul the comptroller oi cur
rrncy Us the law requires, and that the
Bureau obtained the work on the back ol
The notes hv Offering to do II ior
sN22 4 thousand impressions, which
Wt> less than the bid of any al the
seven bidders, hut from the lst ot Jan
uiry lu the ist of July last, only
about one-siXth uf the work was done
IL that price, the remainder being
changed secretly at fourteen dollars Il
thousand ior second printins or green
Int, and twenty dollars Il thousand Tor
lmrd printing "n faces
Mr Glover saws that Congress ami
ih' public have been deceived; that
The Bureau figures are wholly unre-
liable; that the Bureau reports do not
mtkt proper showing Ot the cost and
Tie tank note pcintiug indicate, loss,
expenditures and extravaganza within
The last fiscal year tnthe extent ot over
sLnUn The expenditures OF the
Bureau before 1874 are not even known
beng mixed with the so-called expense
81 thr National loan and it would take
a'"rps "f clerks six months to ascertain
The actual state ul the account.
Coin for Resumption.
WASHINGTON, December 1.-THE
nlted States Treasurer expects 10 have
ny the first oi Sanuary, exclusive u! all
drmsndS, l35,@0,0O0 ir coin with
which To resume specie payments.
Senate Combinations.
Washington, December IL. - The
senate confirmed the following nomlna-
lions: Eugene Schuyler. OF New York,
inrmrrIy Consul-,iencral at Constan-
inoplc to be Consul at Birmingham;
I" Harris Heap, OF Ponnsylvania, for
mrrly Consul at Qunis, to be Consul
Girneral at Constantinople consuls; }. T.,
trIsbie, OF Michigan, at Rio Grande, Bra
I'll; Il. W. Fish, Michigan, at Tunis;
Andrew Cone, Pa, at Pernam huco; {;
John ). Mosby, Va, at Hong Kong;
tnsene }. Ball, Indiana, at Pesth, Hun
gary; VIM. Thompson, District OF Col
Hnbia, at Southampton; John &. White,
secretary Of the legation AT Brazil Cot
rector OF Customs, John W. Fuller, for
ihe District oi Miami, Ohio.