Daily globe., 1879-09-08
WASHINGTON.
The Russian and English Missions-Treas-
ury Decision Against Silver Miso0l-
laneOus.
THE VACANT FOREIGN MISSIONS.
ISpecial Telegram to The Globe.1

|
laneous.
! THE VACANT FOREIGN MISSIONS.
Special Telegram to the Globe.
WASHINGTON, Sept. 7.-Marshal Jewell, 81
governor aud ex-postmaster general, had an ir
terview with the President yesterday, and on
purpose of his visit was to urge the immediat
appointment of minister to Russia. Mr.. Jew
ell, who has just returned from Russia, say
the business interests of Americans deman,
| that this country shall not be left withou
ohilds of Wisconsin,, now consul general q
Paris, or Courtland Parker, of New jersey
In private conversation Gov. jew
ell says that Gen. Grant by hi.
European trip has done q good deal for tn
United States, and that Americans. in Europe
Irrespective Of party, favor bis nomination fo
Blaine. Governor Jewell met Grant frequently
while in Europe, and is convinced he would
accept the Presidential nomination if It should
come to him as the practical desire of tht
Republican convention, but he would not seek
the place.
Governor Fenton still remains here, and the
fact that he is supporter of the bi-metalie
theory gives color to the rumor that his name
Is under consideration as minister to Europe. 70,
HAYES SOUTHERN 46LIcY.
A gentleman who has recently conversed
with the President on the subject of contrlbu.
tions of clerks for political purposes and on
civil service generally, makes the following
statement: The President does not regret his
conciliatory policy pursued toward the South.
1t was matter of conviction and principle
with him, but he thinks in the face of the
pledges and promises made there has bean but
very little done to merit q continuance of this
policy. Having no political ambition to sub
tSn1 $orv,, IA1, 4
to faster in the Southern States such ideas of a
national regard ~ would make political rights
of all persons duly respected. While he does
not change his views, it becomes aserious ques-
tion with him whether the experiment can be
continued, according to sentiment expressed
in his lnaugursl HE serves his party best
who serves his country BEST
SILVER.
There is a new development in the silver
dollar policy of the treasury department. The
ten per cent. So order. by which silver dollars
are to be forced out of the treasury into circu-
lation is maintained, but within day or two
officers of one of the national banks Of this
district, which is also q United States deposit
tory, say that . policy has been adopted which
will ehable the treasury itself to refuse to re-
ceive silver dollars in payment of dues from
national banks to the government. The case
was this: A national bank which was de-
pository presented to the treasury, in process
of transferring its account, a quantity of silver
certificates. The bank was asked by treasury
officials whether these silver dollars or silver
certificates were received in its capacity as a
government depository from any government
officer. A negative answer was returned. The
treasury officers then refused to receive the
silver certificates. The theory of the treasury
appears to be that national bank might buy
silver certificates at a discount
and deposit them in its regular
account with tho government, making a
profit. This will not be allowed. The treasury
will also decline to receive silver dollars or
silver certificates from national banks on &C.
count of the five per cent. redemption fund.
This is done on the ground that the laws
authorizing the issue of national bank notes
requires that these notes shall be redeemed in
legal tender notes. The treasury officers main
tain that nothing in the silver dollar act re-
peals the provision as to the five per cent. re-
demption fund, providing for redemption in
legal tenders. The point undoubtedly will be
made that the provision as to redemption of
national bank notes, requiring that they be
redeemed in United States notes only, was by
the silver dollar act repealed and they may be
redeemed in silver dollars, that consequently
the government cannot refuse to take silver
dollars from banks on account of the five per
cent. fund. The fact, meanwhile, is that sill
yer dollars and silver certificates are to be re-
fused from national banks on account of the
five per cent fund or on account of any in
debtedness whatever due from the banks to the
government, except the indebtedness shall
have been on deposit in kind by some disburs-
ing officer in a national bank as United States
depository.