Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1879-04-30
VERY LATEST NEWS.
Selected From Every Source and
Boiled Down.
WASHINGTON.

ing in amour from $1O,50Q No to $685.
795.
A PRESS dispatch of the 22th from
the claim of the State of Georgia to be
reimbursed $72 600 for expenses incur
red in the Creek and Seminole war, the
first comptroller of the treasury has de-
cided in favor of the state.
ADvICEs from Washington of the Oath
state that the Wisconsin delega.
ton selected representative Pound
to represent their state in the republi-
can congressional campaign committee,
and the Illinois delegation selected
representative Davis, of Chicago.
THE secretary of the treasury is
sued call on the o3rd inst.
for the balance of the loan OF
1853, per cents, amounting to $4,000
These bonds are all registered. The
holders may at any time within thirty
days, exchange them for per cents, at
par, with interest computed on each
class OF exchange. If not exchanged
they will be paid at the mat. rity of the
call.
A WASHINGTON press dispatch of
the Esd says the senate COM
mittee on public lands after a full
examination of the charges against
Horace Austin, Of Mimi, late third
auditor of the treasury, by reason of
which his confirmation as register of
the Fargo, d. T., land Office, was re-
Gently suspended, agreed to-day to re-
port back his nomination with a recon-
mendation that it be finally confirmed.
The report was SO made and the senate
confirmed Austin's nomination.
A WASHINGTON dispatch Of the 22nd
inst. states that Secretary Sherman has
ordered the revenue steamer Rush to
take on board sufficient supplies for a
five months cruise and to leave San
Francisco not earlier than May 10th
and proceed to the waters of Alaska
for the purpose Of enforcing the pro-
visions of law, and for the protection of
the interests of the government in the
seal islands and the sea otter hunting
grounds and of Alaska generally.
A SILVER bill which passed the house
Of representative on the 22d inst, pro-
vides that silver coins of smaller de-
nominations than one dollar may be
exchangeable into lawful money, when
presented in sums Of twenty dollars;
makes lawful money exchangeable
into silver coins, in like amount; makes
subsidiary silver coins legal-tender for
all debts, public aud private, in sums of
not exceeding twenty dollars, and
makes minor coinage receivable at
post Offices to uhe amount of three
dollars.
On the Dist inst Congressman Ew-
ing, of Ohio, introduced bill
which provides for taxing in
comes of over $4,000 q per cent.
over $4,000, 5 per cent, and over $780,
600, 10 per cent. Mr.. Ewing also intro
duced bill to provide for the reissue
of paper fractional currency and to
make all fractional currency inter
changeable with silver dollars or silver
certificates at any of the sub-treasuries,
and making fractional currency legal
tender for twenty dollars in any one
payment. rE
ARREARS of pensions will soon be
made happy; a Washington dispatch
of the 23d says the payment
of arrears of pensions has begun
and it is believed back pen
sions can be paid as rapidly rs &C
counts are made up, or at the rate Of a
million and half a month, unless I'M
expected appropriations should be
hereafter made by congress. After the
first of July, the saving created by the
process Of refunding will tell favorably
upon the finances. The annual saving
by refunding is $I3, 100000, and two
years saving on interest will 60 towards
paying these arrears of pension without
Increasing the burden Of the public
debt. 3. -... ...... .-.. ts
" CONGRESSMAN Wood introduced a
joint resolution in the house on the
22nd, providing for the appointment OF
Joint select committee, to consist OF
three members OF the ways and means
committee of the house and two mem
bers OF the finance committee Of the
senate, to sit during the recess and con-
slider what changes, if any, should be
made in the tariff and in the revenue
laws, and report by bill or otherwise
next winter. Also a bill amendatorv
of the acts imposing duties upon foreign
imports, the main features of which
formed part of the tariff bill reported
from the ways and means committee in
the last congress. a-e . G.... sass7
A DISPATCH from Washington of the
21st inst. says that since Sherman be-
came secretary he has sold 500, 0OO,-
600 of 4 per cents, and with the pro
ceeds redeemed the 6 per cents, thus
saving 2 per cent, or one-third, Of the
interest previously paid by the country
on that amount. When the present
transaction is completed he will have
sold, in round numbers, $500, 100000 of
4 per cents additional, for refunding
per cents, saving per cent, besides the
premium on that amount. Besides,
this, be has sold $SO:OOO,OOO 4as to re-
deem IS. All these transactions togeth-
er make an immense saving in the ma
tiOnal interest account. tas@f - @ae#
In congratulating Secretary Sher-
man upon his financial policy the Lon
don Times of the 2lst says: The con.
version of six per cent. bonds of 81 is