Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1879-01-31
WASHINGTON.


contract was completed on the 2lst be-
tween the Secretary of the Treasury and some
European and New York bankers for the sale
and delivery in Europe of not less than S5-
100000 per month of four per cent. bonds, up
on the same terms and conditions as the pop
ular loan now being offered in the United
States, the contract to continue until the 1st
of July, and the proceeds to be applied 20 the
refunding of the six per cent bonds.
General Sherman proposes visiting the South
Atlantic States soon, his special object being
to examine the abandoned military posts and
neglected property of the United States in
| that section.
The Potter Committee, on the 22d, inform
ally agreed to call the members of the Trib URe
staff who deciphered the cphers, and request
them to select from the originals those al
ready translated, and translate any others If
there be such. The investigation will proba-
bly, be conducted in Washington and not in
New York.
The President signed the Pension bill on
the 25th. The Commissioner of Pensions es-
Inmates that the amount to be paid out under
the BILL to pensioners already on the rolls,
will be 49,, ,000,000 the first year, and 5,0OO,-
900 the second year. There is one point in
the bill which it is thought will probably be
referred by the Interior Department for con-
| struction 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 TIE rate several times, and the
latest applicants originally received the larg-
est pension, the man who gets pensoned now
| gets heavy sum in arTearages. The totally
disabled man originally got s. per month,
now he gets S72. The question is then il case
of totally disabled new pensioner, whether
he be paid arrearages at the rate of S12 or IS
per month.
The present Congress will, no doubt, refuse
to reduce the tax on cigars. The Senate FL
nance Committee have reported against the
proposed reduction.
The joint Congressional Committee ap-
| pointed to consider the advisabiity of trans
ferring the Indian Bureau from the Interior
to the War Department, stands four in favor
Of transfer and four against. Senators saun-
ders and Oglesby, and Representatives Stew
art and Voorhees,, are opposed TO the transfer,
while Senator McCreary and Representatives
Scales, Hooker and Boone favor the transfer.
The Secretary of the Treasury, In answer to
enquiries concerning the amount of per cent.
bonds that can be issued for refunding purposes
states that under the refunding acts there
was.authorized an aggregate amount of 81 800
100000 of bonds to be issued for that pur-
pose; that there has already been issued of
5 per cents $50O,000,000; Of AZ, SlS5, ,00O,O 900,
and of 4 per cents, Sl6S, ,20O,0 600; in all
1858, 100000, leaving of per cents still to
be issued, $646, 100000. OF bonds at present
redeemable there are now outstanding con-
soils of 1865 S26, ,0S5 $50; Of 1867, s31O614, 900;
of 1868, $37, 465, 300; of tenforties, $l94 5GG,-
800; in all, 56S,73l, $50, showing that there
are more than enough per cents author
lied to take up all the bonds which will be
redeemable.
The Department of the Interior has received
| information tending to confirm the report
that Sitting Bull has crossed the Canadian
line, and there is apt to be large gathering
of hostile Indians in his vicinity. Immediate
hostilities are not feared.
DIR. Linderman, Director of the Mint, died
at Washington on the 27th.
The new military law introduced by Senator
Ferry, on the 2Tth, provides that all able-bodied
male citizens between the ages of eighteen
and forty-five, resident within the respective
States and Territories, except such as 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 reserve
militia. uErf