The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1881-03-10

| Tieasury Department TO-DAY Secretar,
Window had not rendered decision upon
the pending request Of national banks thai
they be allowed to redeposit United States
bonds In The Treasury and withdraw the
legal tenders recently deposited by them 10
retire circulation.
| Inquiries made 81 officers OF The Treasury
to-day ~ 10 The authority upon which the
present regulations OF the Department rest
express ma5y varying opinions. The
Comptroller Of the Currency said the ques-
ton had never before been presented to the
Department for decision. but that In prac-
tice legal tenders once deposited TO retire
circulation bad never afterwards been
surrendered. Other prominent officers OF
the Department expressed the opinion
that during Secretary Bristow's administra-
ton the question was orally decided against
permitting the surrender OF lawful money
once deposited. The total amount OF legal
tenders deposited curing pendcncy OF the
funding bill was SIS, 7Gl.i3f. or this
amount Sl.20S,7j0 has been returned
TO banks on account Of errors, recalls,
&C.. leaving stilI on deposit 81 .4IG.934.
This SUN belongs TO 1913 national banks.
The Com ptrOller Of Currency holds cifcu-
lating notes Of these same banks TO the
amount OF S4.49f $50. which be could have
Immediately forwarded them had they per-
sisted in their determination TO retire their
circulation. The remainder Of their circuIa-
ting notes--about $l2, 900, 000-could be re-
turned 10 them, Comptroller kUoX says, IN
about thirty days.
When asked to-day what effect a decision
in favor Of the withdrawal Of the legal Ten
deIs would have on the Treasury, United
States Treasurer. GiltIlan said II the decis-
ion should be OF a general characler-that l.,
not confined TO deposits made during the
tendency of the funding bil-it would afi, CT
at least $50, 100000 now on deposit in the
Treasury department for the reduction Of
circulation.
EXECUTIVE APPOINTMENTS.
WASHINGTON, March 9-The President
sent the following nominations 20 the Sen
ate to-day: Levi =. MOrton.'Of New York,
Envoy Extraordinary and Minister Plcnipo-
Tertiary to France; William NJ. Eyarts OF
New York. Allen q. Thurman OF Ohio, and
Timothy o. Howe OF Wisconsin, commits.
sioners on the part OF the United states TO
the international Monetary Conference at
Paris; Robert j. TAYLOR, OF Indiana, mem
Der OF the Mis,issippi.River Improvement
Commission.
The Senate in executive session to-day
confirmed the nominations OF Me>SrS.
Eyaits, Thurman, and Howe. a. commits
sioners to The international Monetary Cen
ference at Paris.
SENATORIAL CACCC>ES.
WASHINGTON. March 9.-Thp Democratic
senators went into caucus at | O'Clock this
afternoon 10 receive report from the COM
miriec OF nine on revision Il The senate com
mItlecS. II is said tbat The clucu- commit
tee finally agreed 10 recommend the sclcc-
ton Cf Senator Davis, Of Illinois. A. chair
man OF the judiciary Committee, and that
they have placed Senators PcndelOn and
Mcpherson Oh the list Of members OF the
Finance Committee. TO succeed MessIs. ker-
nan ana Wallace.
The Republican senators also held eau
Gus This afternoon and de- ided 10 adhere 10
their former action and oppose rcOrganza-
ton until the existing vacancies are filled.
FXrRA.SESsION RUMOES.
WASHINGTON. March 9.-Rumors are in
circulation that an extra session OF Con-
gre.S will be called In May, but invesligd-
ton thus far has failed to confirm them.