, 1881-11-03
WASHINGTON.
Gratifying Exhibit Made at
the Treasury Depart
ment.
Rapid Diminution Of the Public
Debt and Reduction Of
Interest.
Explanation Of What Seemed a
Piece Of Financial
Favoritisn.
Chief Sewall Believes the Gin
cinnati Distillers Sold Be-
low Actual Cost.
The Secretary Of State Of Guatemala
:, Bears Personally the Condo.
iences Of His Nation.
Goldbugs and All Have Been Buying
Up the Silver Certificates
with Gold.
Raum Endeavors to Find Out
About the Aduiteration
Of Beer.
| Action Of tlte New York State Jta-
dietary Committee Oh a
Bankrupt Law.
How Logan Has Been Solid for Grant,
and Yet Has Kept all the
Offices.
Raum EndeaVors to Find Out
About the Aduiteration
OF Beer.
Action Of the New York State Jtl-
dietary Committee Oh
Bankrupt Law.
How Logan Has Been Solid for Grant
and Yet Has Kept all the
Offices.


EXPLANATIONS oF sEENiSa FANoHarlss'
epee'o' D"po's" ~ @"s e"''sso '.s'a"<.
HAsIilSGIoS. ~. u, nov = HE 1lHn-
USE, I'll Its uluney article. recently ealleu al
tent1on to what appeared very much like
fAvortttsM OH tho part OF the Treasury
tpwnrds the First National Dnttk of New
1rnrk. and statad that. although the honEs 1T
tha Iran under the nn,,n,,nre1 ,olfcv nf tho
Ja,,a rt,ro"t war. n ho o,nasI imr,ng Oct.,-
,.s .'.t ,..'.. s.,,.. 49, I,ta.t T..In.s,
nots ~ - ~" 1., w w'is
Dunk VI Ne" 1o'h nao ote'' oec11 4" ell'c"so
ueatng aato pet. - Ase.
Ile representative of lnE Tribune lav-
Ing called attention to this discovery, the
Treasury authorities furnish tho following
statement I'll explanation:
1t Is stated Ia tho papers that ovtiouce OF fa-
vnrItisu shown BY the Treasury Department to
tho First National Bank In New York Is in pos
sesslon OF Cn'cago bank ln tho shape OF
continued bond or tue funded ioan oE
s tso, ,.s,at w. 4' a,on"' ~ ~9D n. ~
~. ~. Tnr,S ss d,,,,nr n. .nou,h ~ ,vhirh I'm
honke ~ thai toan worc cJ,,sod for nrcnnratjon
ct Tho dly,dcnd due Nov. |, 1881. ills u well.
known rule of tho department that tho pooks
| Of loan arc closed during tho month preceding
| tho payment Of dividend, and that transfors of
such bonds during TINT period aro not made:
but oxcep1ons to tno rule are made IN iavor Of
aay Nauona' nanS aes'f'ag 10 deposit BONUS
VIII ~ .funsuu. s.',us, o1 unuo e,'s ,a. 10 s ss
.r,n -, .,roner tho rant roltnr NJ ,ha c,rrcncv
Ic,,vcren n ti,c ncristcr Of The Treasury scycn
bonds Of $500 eueh, amoaattug to *55,0o0,
and requested that E4,000 Of tho
amount might 10 issued for deposit
With tho Treasurer on account OF newly
orsaazed National bank In Iowa. tho rcn'ain!ng
$1,000 to be transferred to National bank III
cnlcngo. inc uaua' pfacIlce ot ING uepaFtmcnt
"ns aono"Sa ~ an,e :" w ,seao
-. ""n =, 49,. h"nd. ~ 49,
r,tnsa, 4I banS T. hc,nr in1nrnctico%Ic tn ,.suo
| Tho 1arycr arooI,nt without ,ho smn1lor. *ruero
wo, noihnr In TIN transaction which might nor
hays Boon c0cctct by any Sat.oua! bank Ia tho
country.
1t appears nlso OF record That a bond for Il
small amount WAS Under similar cIrcuil-
| stances entered OIL record of the date Of t'Gt.
n In favor Of tho First National Bank OF CHI
cago.
THE TREASURY AUTHORITIES
now anticipate that the reduction Of tic debt
this year 1,lay exceed So, ,0D0, ,000. The total
reduction inst ycur wns SiDt, 900, 600. DnYiMg
to to- thu u n,,ount Of sl;IsA 4ss and for tho four
months wl1cl, ended Nuy. | the reduction
,voz over s55 nm M, Th]s IL fila tarceat ra-
auction madn fur the sau1e four months Of tho
vaor fnrt, yarv s,1crahla ncrind nntl IL s.sa
ma nm II, eycess for tho sa,t,t, mrlod of Inst
vorr md nniv 81 ino Csn short nf the nrore.
eate roJuction during the correspo,,tlinr
mnnfha If rim comniucI, nix years which
a,,,i"ti .im,v m 1X70. ;Ihis a,nn,l,,t
NJ a,rn;ms rnvn,,na, If ro,,rxe, ia
d,,o t., v,.ry iarea r.crirts from cMstnms ami
t'tarn n, rc.a,,,., ami nian tt tha rodurtto,, in
.ho n","a, "tarnas srn', ro,",,in., sr',,,