Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1879-03-09
WASHINGTON NOTES.
Few Items from the City of Magnificent
DISTANCES. 80

Distances.
WASHINGTON, March S.-Ex-Shator Pat
terson has received a letter from tie attorney
general of South Carolina, announcing the
cancelling of the indictments against him in
that State. Patterson will leave som to take
an important trust under the Southern Paci
TIC railroad company in Arizona.
Congressman elect Murch will Introduce q
joint resolution at the special session, declar-
ing eight hours a legal days work Tor labor
ers and mechanics employed by ths govern
ment.
Subscriptions to the per cent. ldan since
yesterdays report, 81, l38,45O.
The secretary of the treasury has issued q
circular calling attention to the 4 per cent.
refunding certificates of the UniJed States
to be issued under the provisions iof the act
of Congress approved Feb. 26, 1919, entitled
San act to authorize the issue of certificates
of deposit in aid of refundingthe public
debt" Each certificate will be of the de-
nomination of $40, will be made nearly of
tne form ana size OF United States note,
ana WILL bear on its face and back the con-
dltlons of its issue. Such certificate will be
sold for lawful money at par and accruine
interest to date of purchase by tho treasurer
OF the United States at Washington, and by
the assistant treasurers at Boston, baltimore,
Chlcago, Cincinnati, New Orleans, New York
fn1laoelphla, st. Louis and San francisco,
and the treasurer of the United States al
washington, and assistant treasury at New
YORK, WILL also receive payment drafts in
iaVot OF themselves respectively drawn on
New York, which will be collected and the
excess, if any, returned by check to the de-
positor. The secretary of the treasury will
also accept in payment of certificates of
deposit of National banks speciall1
designated to receive deposits
on his account, but the refundino
certificates will not be delivered until 8
certificate of deposit issued by al bank has
been paid for by treasury draft, d. by the
deposit of a like amount with the9treasure,
or some assistant treasurer of the United
States, or until United States bonds of equal
amount are substituted in their stead.
All national banks, upon compiling with
section 5l53, revised statutes of the United
States, are invited to become financial agents
OF the government and repositories of pub
TIC moneys accruing from the salesSof these
certificates Money received by depository
banks for such certificates will remain on
deposit with said banks subject to the order
VI oAAo SAO0ouIC4 VI Iuo Ou1L0Q States. and
calls for the redemption of bonds will issue
from time to time as the secretary NAV di.
rect. All banks, bankers, postmasters and
other public officers, and all Other persons
are invited to aid in placing thess certif.
Gates They can make their arrangements
through national banks for deposit of the
purchase money. Commissioners will be al.
lowed on the purchase of these certificates
as follows: On an AGGREGATE Of
$l,ooo,and not exceeding $4,000 n any one
calendar month, q of per cent. land any
amount exceeding $4,000 in like period, q
commission of d of per cent. on the OK.
cess, and parties purchasing at one time
wi 900 or more of certificates WIN be en-.
titled to receive them free of daarge 70,
transportation. Certificates will 5a RAD,
for delivery April 1, 1879, at watch date
they will begin to bear interest, which viii
be payable upon conversion of certificates
into per cent. bonds. The secretary also
announces that as soon as practicable 500
certificates will be issued under this law sim
liar in form and upon like similar condition,
to those above described to be registered il
the books of the treasury in the name of th,
owner, which name will be also entered or
the face of the certificate.