The Wellington enterprise. [volume] (Wellington, Ohio) 1867-188?, 1879-01-30
WashinEton.

A CONTRACT was completed on the
21st, between the Secretary of the Treasury
and some European and New York bankers
for the sale aud delivery in Europe of moi
less than $5,0OO,0OO per month OF four pei
cent bonds, upon the same terms and condi.
tions MS the popular loan now being offered
In the United States, the contract to continue
until the LIST of July, and the proceeds to be
applied to the refunding of the six per cent
bonds
The Potter Investigating Committee
will request the members of the Tribune stafi
who deciphered the dispatches, to select from
the originals those already deciphered, and
translate any others, II there be such: The
investigation will probably be held in Wash
ington. General Butler is said to have made
statement as to how certain dispatches came
into his possession. He found them upon his
private table, and had no knowledge as TO
how they came there. He had nothing to do
possession, and he was willing to furnish them
to the committee for examination.
GENERAL SHERMAN will soon start
on a two weeks tour Of the South Atlantic
States. His special object is to examine
abandoned military posts and neglected prop
erty Of the United States in Florida and at
Atlanta, with the view of ascertaining the
means necessary to secure the interest Of the
United States.
THE President, at Cabinet meeting,
rears bill, but he will attach a certain condi-
tion to his signature, which 1t is said will be a
recommendation that the money paid out un-
der 1t will be in standard silver dollars. This
will rid the Treasury of q clumsy currency by
providing means to get from thirty to one
hundred millions Of 1t into circulation.
The President signed the Pension
bill on the 25th. The Commissioner of Pen
sions estimates that the amount to be paid
out under the bill, to pensioners already on
the rolls, will be $33 600, 900 the first year, and
S5, 900 900 the second year. THERE'S one point
in the bill which it is thought win probably
be referred by the Interior Department for
from the Department Of Justice.
The new law says arrearages OF pensions will
be paid at the rate for which the soldier was
originally pensioned. AS Congress has
changed the rate several times, and the
latest applicants originally received the larg-
est pensions, the man who gets pensioned now
gets heavy sum in arrearages. The totally
sii~asi-d man originally got So per month,
Of a totally disabled new pensioner, whether
he be paid arrearages at the rate OF $I2 or -
per month.
THE joint Congressional Committee
appointed to consider the advisability Of
the Indian Bureau from the In
terror to the War Department, stands four in
favor of transfer and four against. Upon a
vote being taken q controversy arose as 70
which of the two reports should be given
precedence in the presentation to Congress.
The matter remains undecided.
THE Senate Finance Committee have
agreed to report against the reduction Of the
tax on cigars.
The Department of the Interior has
received information tending to confirm the
report that sitting Bull has crossed the Cana
dian line, and there is apt to be q large gath
ering Of hostile Indians in his vicinity. I'm
mediate hostilities are not feared.
DIR. LINDERMAN, Director of the
Mint, died at Washington on the 27th.
THE Secretary of the Treasury. in
answer to enquiries concerning the amount of
per cent. bonds that can be issued for refund
ing purposes states that under the refunding
acts there was authorized an aggregate amount
Of 81 500 600, 600 Of bonds to be issued for that
purpose; that there has already been issued of
per cents $500, 600, 900; of AZ SIS, 900, 900,
and of per cents, $16S, ,2OO, 900; in all $S53,-
200, 900, :leaving of per cents still to be is
sued. S646, 100000. OF bonds at present re-
deemabie there are now outstanding consols
Of 1865, $26 Os5 $50; of 1867, $310, ,614, 900; of
1885, $37 ,465, 800; Of tenforties, S194 566, 800:
more than enough per cents authorized to
take up all the bonds which will be redeema-
Bile.
The new military law introduced by
Senator Ferry, On the 27th, provides that all
able bodied male citizens between the ages of
eighteen and forty-fye, resident within the
respective States and Territories, except such
IS may be exempt by law, shall constitute the
militia The militia to be divided into two
classes: Active, to be known as National or
State Guard, and inactive, to be known as re-
serve militia.
The East.
NTHE inaupuratiOn of Governor HOyt