, 1881-04-07
EINANCIAL.
IMPORTANT CttSFER1lNCES.
srtttaI u9patch to Tie L.ltettan Irtbt!ns.

IMPORTANT CttNFERl4NCES~
srfetal Utpa.ch to The LAtelan Tribune.
WASHINGTON, D. c., April d.-There ilavo
been. important financial conferences here
to-.iay butwcen some New York ban nkers md
the President and. Secretary Blaine. At
these conferences it has been urged that
whatever nrrnnaement may be naata. for ex-
tending tho ) per cent londs .ntA reduced
ratt, ut interest. tho honor Of the tioyernnlene
rcal,lras that tho O. pcr cents. which mature
and ,ru paynhle June 80 next, must b. paid
OIL tlat day. The bs ure on n very different
busIs. FROM tbs hi. Tho former nrc re<lcelna-
bile june 20 without notice. The lntter, by the
terms OF the law w,e, tlleir lssue>
cannot In, redeemed nntil Ntter threa
months nmice. The Government can give
that ,,osiev May !, and tho IS cannot be
p,litl until, three months after that The
n,,ouut of the u wLiel, are rnyablu June 90
wi.liout further lntee Is sio. .0oo, QUO. Whes!-
ever ether leans l1ltte nW'n tho same terms
have become payable 1t has been held BY tic
Treasury that my failure to make prompt
payment WUrll be
\ STAIN upoS TN. nnSon OF TIE aov-
EIeSSttIST.
10 takc These hon,ts md stamp Upon them
an agruelnert to continue to pay Interest attn
reduced rite, as is proposed, would, these
gautIeu.cu. suy. he'a niakesl.lft that would
not be credItnblc to the Government. twas
urged that the GuvernMent 1ns $50, GOO, 600
from which to pay these bonds, through thu
sN!e Of the Slo4 600 900 ar ii per cents md
| the surplus revenues. The additional Sa7,-
| HJJ, 600 could lie obtained, under the BnYurd
amendment, by anticipating tho slirplne rev.
taues for three OF fV1r il!0ntlls, Tl,rse gell-
t1pne1 urged thai the Us ~ pnfti, aud that
! l.euns be provided lit this manner. Tho
| conditions nre different with the is. Tho
notes need not be given until three mouths
before the time wl,el Congress will BE- likely
| to be aba 10 take care Ut thcnl
4 PROPOSITIONS.
| To the 1rest<r7l 4ssoeattd Frtsf.
| WASHINGTON. u. e., April 6.-rllo propo-
sittom nlatlo by the gentlemen attending tho
recent financial conference IN New furk,
namely, to extend the maturtug alsd q
per cent bonds at n lower rntu Of Interest. Is
very generally approved by Treasury Of
t,cInls, wltl, the exception Of the Secretary,
WIN will not express his opinion OIL tho sub
iect, ~ the most feasible, plan which tho
government can pursue. The Secretary Of
The Trgasury Is not required to glsc motley
betoro callhlc the olit7rLa'MllnE r' . per cent
In the aggres7tts to Sltb,6a0,ioQ, and arg r..
.eeIaable jung W 1ext. ~, Mitef ,,s Mlisn a &a,s
interest. OFFICIALS III favor Of the pfnpoaed
extension ct bollds at lower rato nrg4.
TINT the Secretary might Issue y Gall for tl!a
redemption o!. sa, sIoo. .ooo. QUO OF these bonds
.tule 81 next, aid maku 1t Optional witt, tile
holders 0f tic l,u,lls 50 called TO pFesen
tlenl for redemption or have then, extended
n rate not exceeding a:s a, \ large nln}Gr
lt1s maintained, prefer the latter course
'FGIs nrtiOn with regar,l to. u, accE<tfn@ t.
tic ldsas ot those advocating II, should b
followed immediately by ralls fnr anounl!
amount OF Us extended These calls. tht
Olcials suggest, slls,ulA bu l,ale conditional
50 That 4le psr;;os n Nes'suK to e9i!t1,i!a !1,1r
thstr bo,ds un,n cntsfs;s p'ses hnne sn!
have them redeemed, may sln 30 BY comply
lpg with tte conditions necessary Wltbln
specified time. The asEtcEate aio.ll,s ~, X q a.
, Should tl,Is method prove snccess{nl,.
/ wouIl rot be necessary to sell my n1i'tt
i wnu!eyer. While potI.llg ea!s W said q
} ticlal!y III to thu courSe which wlll oe Ntlopl
this plan IL receiving thorough consideration
. alad indications appear to be III favor of It
e adoption.
~ pNos.,SEsr OFFICIAL"
WAsm.SHroS. D. G, Apri} o.-A rro',n pr r..
= u the Administration lnnst devel"p a<'ni
lu aIav 81, III IQtQ,QNu Ut tAu : Ver osnt hul4t
: nature. Ilatl tho Goyerll,!i"nt snll!cly1
=, itltNey Tor redemption t!le cul! WnHlA uoNo
cs4 be ISSUED Mt 1nee, white the fast Is ts,el
y ara $3.50 tA4A 0ui available to meet tue n.s!ttl
> > luz olli9at!ons, nggregntlng alnnt aIEo; ;o0O
CO., Thss;"verH,ent VII ptoh'o,y y ti5st 81,
premium ot about I'D, at ,,whlu
Z the New. York Conferences t',n;'.Kl t';
~ thUy could HNt reWly tAtv. TGe,
9 Viii, this fluid Ia their crelit. the tlo
10 ornlnant call urtsant to tic hultlura OF ~ Il
T alternative Of havt,le uAeiIt uRltuI ~ nr
y. ! rsretvug 4 or W. pey cent Interest YMtlt ca
y gress l,,tsses FINDING I'LL, u the 'fnasl,
x wll buabln to call liz S5o ct, ,oD or SI0U ooo
T. 1T d aud then Riye tlla hu!llurs challcv nt
u taintiW tho lWnls ut II retnrg,l rata: \ +
70 fns,ll Wfll nccesStt!o rslNnntlon. rather slit
~ wlilrl, ,l1st h0lnrs will M doubt avcept
reduction II Is understood tho bankb "
y reilin pl,t1 MOON on llltsu terpls. 'rha eR
III Lux il. 1T tlie s wtll pr',pa6ly l,s hNanceA
t'c ssY or m" 70 ,,, ,!IG' hn WI iky II ont
HlOn.
PORK.