Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1879-09-08
WASHINGTON.
The Russian and English Missions-Treas-
ury Decision Against S1lver-NItscel-
laneous.
THE VACANT FOREIGN MISSIONS.
i2noc;al Toloora m IN tho Gloho

THE VACANT FOREIGN MISSIONS.
Especial Telegram to the Globe.l
WASHINGTON, Sept. 7.-Marshal Jewell, ex.
governor aud ex-postmaster general, had an in.
terview with the President yesterday, and one
purpose of his visit was to urge the immediate
appointment of minister to Russia. Mr. Jew.
| ell, who has just returned from Russia, says
the business interests of Americans demand
that this country shall not be left without
representation. He recommended Gov. Fair
ohilds OF WISCONSIN,, now consul general at
Paris, or CORTLAND Parker, of New Jersey.
In private conversation Gov. jew
ell says that Gen. Grant by his
European trip has done a good deal for the
United States, and that Americans in Europe,
| President. Governor Jewell himself is for
Blaine. Governor Jewell mot Grant frequently
while in Europe, and is convinced he would
accept the Presidential nomination if 1t should
come to him as tho practical desire of the
Republican convention, but he would not seek
! the place.
Governor Fenton still remains here, and the
fact that he is . supporter of the bi-metallic
! theory gives color to the rumor that his name
is under consideration rs minister to Europe.
HAYES SOUTHERN POLICY.
gentleman who has recently conversed
with the President on the subject of contrlbu.
tions of clerks for political purposes and on
civil service generally, makes the following
statement: The President does not regret his
conciliatory policy pursued toward the South.
1t was q matter of conviction and principle
with him, but he thinks in the face of the
pledges and promises made there has beon but
very little done to merit continuance of this
policy Having no political ambition to sub
serve during his Presidential term he had hoped
to faster in the Southern States such ideas of a
national regard - would make political rights
of all persons duly respected. While he does
not change his views, it becomes serious ques-
ton with him whether the experiment can be
continued, according to sentiment expressed
in his lnaugnral: He serves his party best
who serves his country best"
SILVER.
There is q new development in tho silver
dollar policy of the treasury department.. The
ten per cent. 80 order. by which silver dollars
are to be forced out Of the treasury into circu-
lation is maintained, but within a day or two
officers of one of the national banks Of this
district, which is also United States deposit
tory, say that policy has been adopted which
will enable the treasury itself to refuse to re-
ceive silver dollars in payment of dues from
national banks to tho government. The case
was this: A national bank which was de-
pository presented to the treasury, in process
of transferring its account quantity Of silver
certificates. The bank was asked by treasury
OluCIA1S "ucLueE GueS0 R1lVer collars or silver
certificates were received in its capacity as
government depository from any government
officer. negative answer was returned. The
treasury officers then refused to receive the
silver certificates. The theory of the treasury
appears to be that national bank might buy
silver certificates at discount
and deposit them in it's regular
account with the government, making q
profit. This will not be allowed. The treasury
will also decline to receive silver dollars or
silver certificates from national banks on &C
count of the five per cent. redemption fund. |
This is dono on the ground that the laws
authorizing the issue of national bank notes |
requires that these notes shall be redeemed in !
legal tender notes. The treasury officers main.
tain that nothing in the silver dollar act re-
peals the provision as to the five per cent. re-
demption fund, providing for redemption in |
legal tenders. The point undoubtedly will be |
made that the provision as to redemption of |
national bank notes, requiring that they be !
redeemed in United States notes only, was by |
the silver dollar act repealed and they may be |
redeemed in silver dollars, that consequently |
the government cannot refuse to take silver
dollars from banks on account of tho five per
cent. fund. The fact. meanwhile, is that sill |
yer dollars and silver certificates are to be re-
fused from national banks on account of the
five per cent. fund or on account of any in
debtedness whatever due from the banks to the
government, except the Indebtedness shall
have been on deposit in kind by some disburs-
ing officer in national bank as United States
depository.