Savannah morning news. [volume] (Savannah) 1868-1887, 1882-10-03
OUR WASHINGTON LETTER
LATEST FROM TIE FEDERAL
CAPITAL.
Recoinage of Small COins-The Bond of
X. ID. LOcke-GOssip in Washington
Over the New York Situation Bad
Feeling Between Raum and FoIger.

X. ID. LOcke-GOssip in Washington
Over the New York Situation Bad
Feeling Between Raum and FoIger.
WASHINGTON, October Some changes are
being gradually worked in the present cireula-
ton Of two of the small coins of the country.
The five cent silver pieces and the three cent
silver pieces gre being recoined into dimes.
This is under authority Of the last session of
Congress. All silver coins Of the denominations
mentioned are, when they get into the assay.
er's vaults kept there. None are allowed to
go out again. The first installment Of these
coins have already been turned into ten cent
silver pieces at the Philadelphia mint. Over
$50, 900 worth of them have been wiped out
by recoining. 1t will be years, however, before
the silver three cent and five cent pieces dis
appear from circulation. Treasury officials
estimate that it will be at least twenty years
before they Will become such a rarity that coin
collectors will be anxious to have them in their
collections. Another point Of interest about
the fractional currency is that the Treasury Is
redeeming the mutilated nickel at its face
value, and will soon commence recoining them
Congress appropriated sum OF money for
their recoinage. It is a curious fact,
u6NeiOpeu Dy LD6se treasury TRANSACTIONS,
that there are not near as many dimes three
cent pieces and five cent pieces in circulation
as is generally thought. OF the entire amount
of fractional silver in existence nearly twenty
seven millions Of it is in quarters and halves.
LoCKE's BOND.
R. D. Locke will not be able to enter upon
the duties OF the marshalship for the new dis
trict when the court meets next Monday at
Macon This will be because he will not have
then qualified with the prescribed bond. Judge
Erskine had returned to Atlanta in time to
approve bond offered by Locke, but it is ne
cessary that the bond be approved in the dis
trict for which it is executed. Judge Erskine
cannot sanction it until he goes to NJ con.
Locke, who IS now here, says he will have no
difficulty in giving good bond in due time.
THE CHANCES IN NEW YORK
New York politics and the condition of the
canvass Just opened in that State continue
to be the subjects of most interest
to the politicians. To say that the
Republicans are downcast at the present out
look and the possibilities Of the future would
be but to feebly represent their state of mind
The defections in their ranks, which COM
menced with the nomination of FOlger, have
become more frequent and more prominent
daily, even for the short time that the canvass
has drawn itself along. The large majority Of
Republicans in New York, known by them
selves as Garfield Republicans, and the smaller
faction, known as stalwart or administration
Republicans, are at such outs that even the most
sanguine Republican here despairs of ANYTHING
occurring which will unite the two Without
such unity it is impossible for the Republicans
to escape defeat The Democrats, on the other
hand. are thoroughly united. They act with
one accord down through the whole list Of
previous factions" This being the condition
Of affairs it would be surprising If the Demo-
Gratis we're other than elated, or that the Re-
publicans were other than downcast. There is
no place on the broad surface of the
globe where politics are so much discussed
as in this very city Of Washington. The most
nhc Iabr in -
public departments will stop you to ask how
in your opinion even the most unim portant
Congressional district is going. have found
by experience that there are many very shrewd
politicians In government place. These gentle
men are just now especially intereste in the
statue of affairs in the State OF New York
have talked with luany of them in the
past week AT first they were a little
boastfui in their utterances as to what was to
be the outcome. But it is different now. They
openly admit that they do not expect that
victory shall crown the Republican cause in
thai State. But as one man they say, as If it
were a sustaining clause, the defeat in New
York this year will not mean anything or bear
any significance as regards the next Presiden-
tial election. In this it is evident to even the
. most irresponsible looker-on in politics
that they simply whistle to keep up
their courage. New York is undoubtedly the
State whose vote will in the next, as it did in
the last Presidential bout decide the day The
simple fact of the great importance to which
ever party holds the machinery of the State
Government in the Presidential gear is as ap-
parent as the sign of a Chinese laundryman
over his chaste establishment The election in
New York i'll this time, as in all so called ''off
years, have its full weight in the possibilities
of 1884, and the Democrats as admitted by the
Republicans out of their own mouths have
more than the inside track this time, The name
of Secretary Folger, Of course, presents itself in
talking about New York politics. Folger has
many friends here, and deserves to have for
his past public services. But he has fallen into
bad hands. So far has he, by bis actions i'm
prnge ed upon the public mind the fact that he
is the creature Jay Gould, that his friends
begin to Waver and doubt. hecent financial
operations Of the Treasury Department have
been so in favor of Gould and those on his side
of the market in Wall street, tn 3t people who
doubted before that Folger was Gould's
candidate for Governor, have been forced
to the conclusion tuat he cannot be
otherwise. Folger has not yet accepted the
GubernatoriRl nomination. His friends here,
who are sufficiently intimate with him to offer
advice have as a rule, advised him to decline
They act as one friend would who saw another
getting into bad company. They see a man
with a clear record heretofore and an honora-
BILE public name descending to be the tool of
market tricksters and manipulators, simply
because ifsuccess should low attend his efforts
the buzz of a Presidential bee, which has loca-
ted itself in his bonnet, may become as
the hum Of a swarm Of such politi-
cal insects. They, therefore, warn him
to get out of his bad company Many of his
Ifl6OQS mere say bllhJ ne Will O6ClQe the nOInI-
nation for Governor. Whether he will or not
is a question. But very many think that for
his own good name he viii be compelled TO
take such course.
BAD FEELING.
There has nsver been any good feeling be-
tween Commissioner Raum, of the Internal
Revenue, and Secretary Folger, of the Treas
ury Department FOger came into the
Treasury Department with the idea
that Raum was not good man
or good official. He entered upon
a plan of executive superintendent over the
revenue service entirely at variance with
Raum's feelings as a man and as an official
might also say, entirely at variance with
Raum's opinion o. himself as brother-to the
present administration-he having been nota-
bic among that glorious old Spartan band
known to fame as THE 306." Folger wanted
to get Raum out of Office. but he could not get
behind the protection afforded by the shield of
that 1906" medal Raum saw early in the game
how the land lay, and suddenly broke out all
over with pTeconceiVed ambition to become
David Davis successor in the upper branch OF
the National Legislature. He went to work
with might and main to that end, and has been
in the same field ever SINCE FoIger ignored
Raum, and even tried by sending special agents
isimical to that gentleman-especially in the
cases of the so-called fraudulent distillers'
bonds-tO procure something against him as
an officer. He bus lately added another insult
to the many preceding in his treatment
of Raum. He has appointed commits
sioners all over the country without
consulting the stalwart wearer Of ''306''
medal, who heads the Internal Revenue Ser
vice-and without allowing that gentleman to
haYe anything to say about the Work-to ex-
anime, inquire, investigate and report how the
service can be improved. As l stated before,
Raum runs more rapaciously than ever after
the Senatorshlp. as each official slight is put
upon him. His friends say that such is his ma
ture that he will not remain in his present DO
sition if he fails-as he We y likely will-in his
Senatorial ambition. Potomac.
New York Cotton Futures.
New YORK, October The Posts cotton
market report says: cat the first call the
I Al olo AoR