, 1881-04-13
NEW YORK.
The Bankers Generally Think
It Was Very Wise
In Window.
AZ Any Rate, the Seer. .ary Will
Not Have to Fight the
Syndicate.
rhe City. Pcrturbcd Over tho
Uncqualed Filti,incss Of
the Streets.
Strikes the Order, OF the Day,
and Wages Fairly on the =
up.Grade.
chief Nimnno, OF tho Treasury, Inquir.
: Ing lnto tho Subject Of 0lco-
margarine.
A SMALLPOX Panic Created by q Fe-
male Cigar.Dealer-2,eM
Immigrants.
.ttlE 6 PER CENTS.


Nav YoRK. April i..--Tho chief aubjoct under
atscus,ion IN Wall street tu-dAy WIS. of course,
,ha nolIcy Of tho Treasury Department
relntivo to tho Gs Of 1881, which was
aunounced by Secretary Wiudom Inst night.
I,nnkrrs, brokers, and heavy operators
bare debated the matter pretty thorouRhly in
tho mast, and tu-day roAtjirtned thoIr previously
for,ncd eplniou, which IN many instances, Ut
co,,rsc, arc in line with the Bccretary's plans.
yee.presdcnt Thompson. Of tho Chase NM
ttonal uauk, says: "secretary Windows policy
M far rs Developed. Ia very consotrn-
five, md forcshndows that he will act
with great prudence md economy In tho
refund!ng business of Government It CTR
taluIy showa TINT thoro was wisdom In avoiding
an oxtra session Of Congress. An oxtra session
would have cust tho country moro than would
hayo been saved by rcfunlag net. After tho
1utb Of May Mr., Window will bo ublo TO
trent tho rs per ccnts ns no has now treated
tho per cents. 80 that tho highest r,lto uf In
tercst that tho Government will have to pay will
10 per cent,
THIS Will MAKE AN AGGREGATE SAVING
Of about slO,00,0u1 on tho $600, OK, 900 that Will
bo extended ut tho reduced rate OF tuterest.
Congress nccd bo In no hurry now to pass Re-
Yuudnq act, rs tho bonds when stamped can DO
perpu.uated IN indotlnit poriod by thoIr bccon-
ing MI Obligation payuble ut tho discrc-
ton Of tho Government. Tho 81 per
cent Was Il judtolous rate, i1Aamuch
ss tho holders Of bonds wilt renliy consent 10
receive S.{ per cent. believe that $3.50, 00
will be thus adjusted. lenving only S100 0o,0 TO
bo provided for with cash. I think TINT more
that ce-ionrtas OF tho holdcfs OF inatuf1hS
0oyernmont bonds arc rcndy to accept W per
cent Interest rathor than tako thoir money. Tho
liking Of
THE 3k TER GENT RATE
does not dctpr tho Secretary from establishing
the permanent bonds should no put $lo5,000o0
upou the market. for tho reason TINT tho ex-
tended honda subject to call by tho Government
hot a. 1csirabio for Investment rs bond payable
nt some liked future date Mr. Thotupson saya
seetetafy Mnuom,s plan ls tno 9ae Mh!un ny
!tnonpson' GROW up ana gave mo seoreLary
Mnesl W. tno iastef Was acre, Etn sno exceptsun OF
ma mssi atsSf pea sat ~ III 10
e:a Anotaef pronGa'nont phnKor saya: - think tne
imnnovinp thn nr,siit Gf ihn I, uvcrnncnt 'so" "
ur,uts n,vpg ,r a sr.Ar
I'm c,ea, =, TIA covnrr,,,nnt "a ~, .,,,,a =,
b red VII; 'n N c sinnst sn sacfcn a., %
poo nnthostca 3 i,,,t mug t4n H. s5M1d havo wo
wbtis nv H. ueR'y oi WHICH eon'a W
-; ;%,5eve?ansPs eii!eiel ea.d to-day: "rho ae.
'x1 stss @ Rroxsloas @ Tno sst ssSio ~; \;
S5sasx tno ,,as asaaT 0n Is ~ exshangS 1or ~!
TH ~ ~ n VT Lwehty yehrs.
~ aor OF oslh
ras srs.gu a, aos rUt Golt uonus. Hnosg ~ u ~
a s aKs. ycpos pon how
SISsSs; Is,a This csa be ases1t4iaed eaiy q wssS.
xiua tnnx n6st nl tho u wore lssued ~
THE PAYMENT III OPTIONAL.