The weekly Elko independent. [volume] (Elko, Nev.) 1872-1887, 1878-03-17
wAs,IrxeToN NEWS.

sultation with the members of both
Houses of Congress, tho Secretary of
the Treasury detefrnincd, first, that
the silver dollars to be issued will bo
used only in exchange at par for gold
coin, or for the purchase Of silver bull
lion at the market price. He does not
feel at liberty to use them to pay for
current expenses until the amount
coined is sufficient to furnish all alike
without discrimination. Therefore
they will at present be used for the
purchase Of silver bullion ut the market
/ rates. The silver ciTtitigates will soon
| be ready for issuc aud are Of the form
of bank notes engraved in the best
manner and printed on bank note fibre
paper.
In response TO tho recent resolution
of the House, the Secretary OF the
Treasury sent a commission to the
House, in which he says all bonds dis.
| posed OF by Inc have been sold for par
value in coin.
The Subcommittee in charge Of
Senator Dorsey's bill for the creation
Of a sinking fund 10 liquiiate tho Pa
| ciiic Railroad Indebtedness reported
IT fnVorGbly to tho full Senate Com
mittee 0u Railroads. After some dis
cUSs!On II went over to the next meet
ing w!thou; action. Tho bill provides
AS main, feature thA, tie Union Pa
ciiic and Central Pacific companies
shall each pay SO, 900 into the United
States Treasury annually and the
Government shall allow the sinking
fund to bu credited with $500. .OOU for
each company as ;hc estimate vale OF
G.OO0, 900 Gcren u land Ia, the United
States.
The Secretary Of ihe Interior sent
90 the i!u"se . suWmuaicatiou recon-
intending an appropriation Of $1,000
to be expended In carrying ont the in
t"ntlom Of The act Of Murcn 10Th. 1872.
relative to setting apart ;rucl OF land
near the head Salprs OF the TrllowStune
river rs a public park. TO be under the
cXclUsiv" crHtrol of tho Secretary Of
the iptoTiur, who shall make such re-
iuuncTat.Ous rs he may deem proper
for tho preservation ~ all tirIbors.
mineral deposits. natural curiositics
and wonders within the park and their
retention ia their natural condition.
Mr.. Page made few minutes =
speech !H the uJGse OF Representa-
tivcs on tbebili appr4ria,iug S2O.UOO
Tor the employment OF clerks i'll the
Interior Department to investigate
fraudulent land cntrius and trcsspns.
ses Oh public timber. Hc denounced
the Democratic mUjuity of tho last
House FOR making such niggagdly ap-
lroWiahgns. 2s - proven; surveying
Of timber lands. aud sold it WAS a
disgrace to tho American Congress tn At
no action had been taken to enable
citizens to acquire title to lands which
arc IN many cases absolutely needed.
lilo also earnestly declared himself op.
posed t" the system that provides for
SPECS and iuiormers on people who are
compelled TO use timber.
Judge Marks. member Of tho Louis.
lana Electoral College, tclcgraphs there
IL no prospect Of pardon for Anderson.
and ihnt IL motion for re-: ::;.! his
been postponed two weeks.
The Secretary OF the Treasury has
been strongly urged to buy silver bull.
ION with gold. but this b. ii not inclined
to do, believing it injudicious To use tho
surplus gold in the Treasury for this
| purpose. 1t Is claimed lie can save
oight per cent 10y paying gold for tho
bullion needed 10 coin the new Silver
dollars. Tho Director Of tho Minls has
received number of offers for tho sale
Of bullion TO the Government in accord.
"nco with provision OF tho recent circu.
lar. and from the amount offered il is he.
lievod that the present prico cannot be
maintained.
IL is said the President has deter.
mined not to make tho appointment OF
Collector for New Orleans from any OF
the warning factions thero. G. a. Lee.
formerly II merchant in the intorio OF
tho state, is mentioned for the Office.
Tho now appointment will be followed