Orleans County monitor. [volume] (Barton, Vt.) 1872-1953, 1879-07-21
LETTER FROM WASHINGTON.
ESPECIAL CORRESPONDENCE OF THE MoNIToR.]
WASHINGTON, July 10, 1879.

SPECIAL CORRESPONDENCE OF THE MoNIToR.l
WASHINGTON, July 10, 1879.
Secretary Sherman has gone on
Northern tour, partly official and partly
missionary. He will visit the chief points
of revenue collection in the Eastern
States, following his official observation
with fnancial-political speech under
the auspices of the Republicans in Port
land, as have before mentioned. He
will also extend his visit to social calls
upon Senators Blaine, Hamlin, and
others, and finally perhaps he may call
upon the eminent gentlemen who will
assemble in Saratoga on the 9Th of
August, for three days convention
promotive of financial management and
legislation. That assembly will be the
annual convention of the Bankers Asso-
citation, and at this time it is expected
to develope matters of great Importance
in national finance as we'll as in private
banking. The triumph of the resump-
tion policy of the present administration,
no less than of the refunding scheme of
Secretary Sherman, are topics for con-
graduation by all honest men, whatever
may have been their previous views. and
this convention will be the means of
enlightening those who have heretofore
struggled in the dark in the labyrinths
of finance. 1t will demonstrate for one
thing beyond a doubt that a banking
system such as ours is the friend and
not the foe of the industrial classes, and
that whenever there is chance for i'm
provement so as to conform to the new
and changing demands of the country,
the bankers will be found ready to CO.
operate.
} Speaking of this matter reminds me
that the Treasury Department under
) direction of Assistant Secretary French,
has been issuing and proposes to issue
many documents of interest to the pub
lie. These are complete refutations Of
; Greenback democratic heresies, and they
illustrate at once the economical tenden-
cy of the Republican party and the pur-
pose it has in view to give the people
! all the currency that the business of the
, country demand. The interest charge
r to the Government has been reduced by
| the Secretary's policy from S94, 100000
e to $50, 100000 saving of $ll 100000
: annually. But besides saving in this
e way, the Republican administration has
a inaugurated policy in enforcing the
Y revenue laws that results in large direct
: gains. Thus the collections on kid
d gloves alone in New York have improved
: many thousand dollars monthly because
a of the exposure of differentiation frauds
r The increase on sugars is still more
) marked more than half million dol
J. lars having been saved in six months b.
e the exposure and conviction of colorine
e frauds practieed by importers at on,
d port. Other leaks are about to be stoppe,
It and within few weeks the Treasur,
1t Department will be able to show char
10 acter for efficiency unequelled by an
IS other Department of the kind in tn
D. world. If the Greenback democrats Cal
,r make Roadway against these facts i
,e the campaigns this summer they ar
he welcome to their success.
of The Sunday Chronicle here, which
IN supposed to represent Gen. Grants bes
l. friends, says that he will not retur
:" home until next year some time afte
he the national conventions have been hello
and that he will not allow himself to
an used as Presidential candidate. Thi
,ir many persons say, accounts for Senate
Ii Conkling's and other Grant mems non
of ination of Senator Window as their cal
didate. That Senator is warm frien
re- of Gen. Grant and has no enemies
n. the party. Stranger things have hal
or pened than would be the qualification
in Minnesota's ambition for Presidents
ed candidate.
a A new organization has been startt
b. with headquarters here called the So
Id dier and Sailors National Advisory A
nd ISOLATION. Its objects are to promo
be the interests of the classes named in Il
We matter of official preferment pension
re. etc. r. A. Dimmick is Chairman of Il
ng resident Advisory Committee.
p Ia a = AGs LOGAN.
M The yellow fever was increasing
nal Memphis on SATURDAY.. si.s saess &.