Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1879-04-19
Representative Murch's New Currency
BiIi-A Call for Ten-FOrty Bonds
Another Circular from the
Becretary-F0ur Per Cent
Transactions, Etc.

Representative Murch's New Currency
BiIi-A Call for Ten-FOrty Bonds
Another Circular from the
@ecretary-F0ur Per Cent
transactions. Etc.
WASHINGTON, April l8.-The secretary
of the treasury announces that In conse-
quence OF the proposal of the syndicate to
take one hundred and fifty million dollars
of the four per cent bonds, and forty million
dollars of the refunding certificates, the cir
cular offering bonds for sale be at once re-
sclnded. Subscriptions make previous to the
receipt of the syndicate 8 telegram last even
ing amounted to forty eight million dollars
The bonds will all be distributed among
these subscribers and the syndicate.
LRGAL-TENDERs.
Repres .ntative Murch has fled two petit
tons from his State, praying "that all moneys
used as circulating medium OF exchange be
issued by the government direct to the peo-
pie; that all moneys, metal or paper, when
the seal of the United States shall have been
stamped thereon, shall be full legal-tender
for all dues, public and private; that said
moneys be the unit of value; that all moneys
now used as circulating medium of ex-
change not full legal-tender be withdrawn at
the earliest practical moment, and full legal
tender money take the place thereof
THE CHoCTAw INDIAN CLAIM
The house committee on Indian affairs to-
day took up the Choctaw Indian claim.
DoNNALLY VS.. wAsHBURN.
The committee has received the papers In
the contested election case of Donnally us.
Washburn, of the third congressional district
of Minnesota.
CALL FOR TEN-FORTIEs.
The secretary of the treasury will issue
call for one hundred and sixty million dollars
OF the ten-forbes, which will leave about
thirty million dollars of this class of bonds
outstanding. 1t is understood the cabinet
has decided that the subscriptions of the syn
dictate for forty million dollars of the four per
cent refunding certificates, less the amount
previously subscribed for, should be accepted
as well as the subscription for one portion of
the one hundred and fifty million four per
cents already taken. Secretary Sherman is
preparing statement.
CHIEF MOSES ALL RIGHT.
Chief Moses having agreed, the President
has set aside a very large reservation In
Washington Territory for Moses and his peo-
pie, with such Indians as will affiliate and
the secretary of the interior may send.
sHERMAN's CIRCULAR.
The following circular was issued from the
treasury department this afternoon:
u. NJ.
hereby reseinded, ali four per cent bonds therein
offered for sale having been sold. The ten-collar
reminding certificates Will be hereafter exchanged
for lawful money, in sums not to exceed one hun
dred dollars at one time by tue treasurer and assis
lie officers bonded for that pnrpose They vii, not
be issued hereafter upon the certificate OF any
changes heretofore or hereafter made, viii be al
lowed az the RATE or one eighth of one per eeat
made The Department esniars II March y and
JOHN SHERMAN. Secretary.
FOUR PER CENT TRANSACTIONS.
The subscriptions to the four per cent loan
bonds under the circular of April 10th, prior
to seven o clock yesterday evening, amount
ed in the aggregate to thirty-nine million
and fifty millions offered by the circular, was
taken by the associated banks and bankers
through the First national bank of New
York. Two subscriptions were also made
covering torty-one million dollars of the re-
funding certificates reserved by the circular
referred to, for popular distribution, but the
subscriptions were declined. These certi6-
Gates will be offered alone, un..
der the terms Of the circular issued
to-day, for the next sixty days, and if not
taken the department will determine whether
it is advisable to accept subscriptions for
them already made. The treasury depart
ment this evening issued its ninety-eighth
call for the redemption of bonds. The call
is for $160.000,000 of ten-forty bonds of
1864. of which SAG, ia, 900 are coupon bonds
aud $113, 225 ,000 are registered bonds. The
principal and accrued interest will be
paid at the treasury on and after the eight
zenith of Ju y next, and the interest on said
bonds will then cease. The following
are the descriptions of the bonds: Cou-
pom bonds of fifty dollars, Nos. 3001 to
No. II BOB, both inclusive; 500, Nos. 5001
10 haEb fE0Q 9A0I
to 55,491, both inclusive; $1,000, Nos 7001 to
128.435, both inclusive; total coupon bonds,
$46, rs, 900. Registered bonds-$5D, Nos.
201 to 1450, both inclusive; $lo0, Nos. l00l
to II COO, both inclusive; $500, Nos. 1901 to
Zoo, both inclusive; $1,000. Nos. 3001 to
20 800, both inclusive; $4,000. Nos. 1901 to
124. 700. both inclusive; total registered
900;
Joint REPUBLICAN CAUCUS.
A Joint Republican caucus of senators and
representatives was held tonight for the
purpose of appointing a congressional cam
paign committee and to transact any other
business which might be laid before them.
Representative Frye acted as chairman. The
resolution heretofore adopted declar,
ing that no .no more % ,Ip pairs should should
of the house vas feoonsidered, and
it was agreed that the executive committee
designate a committee to take charge of and
arrange for the pairing of gentlemen who
may desire it.
An advisory caucus of the committee
reported that the Republican members
of the house should offer no dilatory
motions, nor resort to 6libustering, to
prevent the introduction of general legisla-
ton during the present session, but that they
should quietly oppose the consideration of all
legislation beyond the appropriation Ellis,
which we've the cause of the extra session.
The recommendation was unanimously adopt
| ed.
The following congressional campaign
committee was announced: Maine, Repre-
sentative Lindsey; New Hampshire, Senator
| Rollins; Vermont, Representative Tyler
Massachusetts, Representative CTapo, Rhode
| Island, senator Burnside; Connecticut, Rep
resentative Waite; New York. Representa-
tive Hlscock; New Jersey, Representative
Fisher; Maryland, Representative Urner;
! Virginia, Representative Jorgensen; North
Carolina, representative Martin; Mississippi
Senator Bruce; louisiana, Senator kellogg
4aio, Representative M 'Kinley; Tennessee
REPRESENTATIVE Hauk; Indiana, Representa-
tive urthi. illinois, Michigan
Representative HubbelI; Florida, Horati(
fornla, Senator Booth; Minnesota, Repre-
sentative Dunnell; Kansas, Representative
Ryan; Nevada, Senator Jones; Nebraska
Senator Paddock; Colorado, Representative
Bedford; Washington Territory, Delegate
Brents; Dakota Territory, Delegate Rennet
The caucus was very narl4onious.
Mexican Matters.
CITY OF MEXICO, April 10.-H1alito Ram
irez took the portfolio of the treasury. r;c
Romero. This appointment gave d.ssstisfac
| ton, Ramires helm. aornier inperialist. an