Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-03-02
STILL IN SUSPENSE.
COnkling's Confirmation Hangs Fire
No Action Taken by the Senate
Public Debt Statement.
Another Batch Of Straw-BOnd Indiet-
ments-Capt. Eads on the Improve
ment OF the Mississippi.

WASHINGTON, March 1.-The coinsge ex
ecUted at the mints during F, b-uary wa,
$, 049, $40, CT which g, 100000 was standard
silver dollsrs.
Lake Michigan and Mississippi Canal
At hearing to-day on the proposition to
connect Lake Michigan with the Mississippi
river by canal, Represen atives Henderson
and Houk strongly advocated the scheme
the latter, however, desired 10 suggest an
amendment which would protect the rights
OF manufacturers and owners Of water priv
ileges who might be injuriously affected.
Deer. ase Ia Internal Revesue Receipts
In February there was a decrease in inter
nal revenue receipts, compared with 1881
amounting TO S276 651, the first decrease in
receipts since the agitation OF the reduction
in the tobacco zx1wo years sgo. Unless
speedy action on the subject of taxation is
taken by Congress there is reason to fear that
a greater decrease may occur in the near
future.
Report OF Comptroller of the Currency.
Statement of the comptroller Of the cur
rency: National bank notes-amount out
standing June 90, 1874, S349, S94.IS2; out
standing January Il, 1875, 1851 SCI $50;
outstanding May 81, 1873, S322, 555, 800; out
standing at date circulation of national
gold banks not incuded-S929 ,494), $751;
OLA, 7S6; decrease during last month, $685.
0l9; increase since March l, 1881, SIS, l08,-
033. Legal tender notes-amount out-tand-
ing June 20, 1874, $685., 600, 900; retired
under act of January II, 1875, to May 81,
1873, S35, 1913, 1874; amount outstanding on
and since May 81, 1878, S346. 6SI, O16;
amount on deposit with the United States to
redeem notes of insolvent land liquidating
banks and banks retiring circulation under the
act of June 20, 1875, $50, 285 735; decrease in
deposits last month, SAG, 70S; decrease in de-
posts since March l, 1881, S77I ,379.
They are Crying for 1t.
The army officers are taking a deep inter-
est in the bill to provide for compulsstory
retirement at the age of sixty-two years, and
all of them are anxious for its passage. A
member of the House Military Committee
says that that committee will report the bill
favorably, and tiIat the conversa atoms he has
had with members of the Senate Military
Committee lead him to believe that they will
agree to the bill and recommend its passage.
General Sherman and Major General Han
cock were before the committee to-day
There are several bills providing for the
compulsory retirement of officers. Both
generals expressed themselves in favor of
compulsory retirement, but not as proposed
by any of the pending bills They thought
that cases might arise where officers of high
rank would be able to render valuable SER
vices beyond the period named for their re-
tirement, and the application of an arbitrary
rule in such cases would result in serious in
jury to the service. They favored a gradu-
ated scale az to rank and age, Tat did not
offer suggestions as to any definite plan.
Eads In Defense of the Jeiiy System.
The House Committee on the Improvement
OF the Mississippi river gave further hear
ing to-day to Captain James B. Eads, who
occupied an hour in defense and explana-
ton of the jstty system at the mouth of the
Mississippi river, by which, as he claims, the
depth of water through the South Pass has
been increased from eight feet (the average
depth before the work commenced) to
twenty-six and thirty feet at the present
time. He laid great stress upon the i'm
portance of gradually closing up or lessen
iBg the discharge of the Mississippi river
through Atchafalaya, few miles below
the mouth of the river, and predicted
that otherwise the whole volume OF the Mis-
sissippi river would in course of time take
that route to the sea. Captain Eads was
asked by a member of the committee whether
he had any confident theory of plan that
would prevent such disastrous overhows as
the present are, and he stated in reply that
If the gaps in the levees were repaired,
which could be done at an expense of ST.
000,0 900, such overhows would not occur, and
low-water navigation of the Mississippi
river, from Cairo down, would be greatly i'm
nrovp1