The daily gazette., 1881-03-24
w as hinR'tOn.
CHANCES OF AN EXTRA SESSION
GROWING SMALLER.
HOW THE SIX PER CENTS CAN BE PAID.
WASHINGTON, March %, 1881.

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How THE SIX PER CENTS CAN BE PAID.
WASHINGTON, March %, 1881.
There is an impression this evening
that the President, while admitting that
there are strong political reasons for an
extCa session, believes that the Treasury
can out Of the surplus revenue and the
remaining unsold four per cents redeem
and refund SO considerable part of the
maturing pubic debt that the extra in
terest on the remainder between May
and December will be but an inconsid-
erable sum. This being so, it is added
that he sees that an extra session might
considerably increase his troubles from
patronage, and that lie will do much
better in This respect by leaving Congress
10 meet in December and not until then.
The surplus revenues for the coming
year are estimated in the Treasury De.
partment at 100000, 900, and the whole
OF this amount can be used to purchase
six per cents. There are $i04 ZOO, ,o0c
of tour per ce1ts on hand which can
also be sold, and thus about $200, 200, 900
of the debt, making the whole # the six
per cents, can lie either paid off or re-
funded between now and the time at
which refundlng bill could be adopted
at the December session.
1t is understood that Secretary Win
dom, who does not favor an extra ses-
sion, will lay before the President to-
morrow fail statement of what the
Treasury can do without Funding bill.
1t is believed by some Treasury officers
that tne four per cents can be sold at
such premium as to make the interest
to The government no higher than three
and halt per cent at the utmost.
For to-day nothing is decided, but the
probabilities inctease that there will be
no extra session. The President has
been urged from sevei al quaiters TO come
TO speedy decision in the matter, and
to make that dee SION known al once, SO
as to set the pubic mind at rest, and
this he will no DOUBT do.
WA5HIEeToN, March 23'
The President Aung a ve.y lively
bonn hell into the Senate this morn
ing In the nomination of Mr.. VIM. II.
Robertson to be Collector of NewYork.
The New York nominations sent in
yesterd y for the most part pleased
the New York Senators and last night
and indeed, until Mr.. Robertson's
name was read out in the Senate this
morning, everything was lovely ana
harmonious. Those Republicans of
New York known as "half breeds
were disappointed at yesterdays list,
but they v cheerfully told that
somebody n lst be disappointed, be-
cause plainly there not offices
enough to go around, and as.these in-
dependent and liberal gentlemen pro-
fess not 10 be office seekers if they
were disappointed they were not much
| pitied.
You have above the views of friends
President. These dignitaries them
selves are for the present silent
Members of the Cabinet also decline
to speak of t. matter. Whether it
true or not that the President did
not consult Postmaster GeneralJ ames
o any other me- or of the Cabinet
about the appoint nent of Mr.. Robert
son, as angry stalwarts say, cannot be
ascertained, as Cabinet officers are
very reticent on all such subjects.
THE CONFIRMATION QUESTION.
Mr.. Robert. ms nomination goes to
the Committee Of Commerce. Senator
| Conkling is charm an of that commit
tee and the other members are McMil-
Ian, Jones of Nsva da, Kellogg and
Conger, Republicans, and Ransom,
Coke, Farley and Vest, Democrats
The committee had its regular weekly
meeting to day, and unless called to-
gether specially by the Chairman will
not meet again until next Wednes-
day.
AN ATTACK ON SENATOR CoNKLING-
But some among the staiwarts go
further than this They say that the
nomination of Mr.. Robertson to the
Collectorship is, whether it was SO in
tended or not, a direct attack upon
Senator Conkling. SIT Is an attempt
by the Presidentto give the control of
New York politics TO the small fac
ton which is bitterly opposed to Sena-
tor Conkling, and which desires to de-
feat his re election to the Senate"