Seattle daily post-intelligencer. [volume] (Seattle, W.T. [Wash.]) 1881-1888, 1883-08-04
EASTERN NEWS.
..socrArED PRESS DrsPArcnHs
The Presidents Train.

GaF NJ
.n,aiuine President Arthur and his
o..y rolled out at the Louisville and
Eh;csoo depots at Louisville half an
Ssnr lste. and after crossing the long
ro;d,. WHICH spans the Ohio river al
Jacksonville, quickened its pace ATOMS
.Sa soothiIIs of Southern Indiana. The
isaye taking which the President had OF
louisville was, in measure, informal
although great concourse had conRre-
csted about the depot The train val
ascked out in royal fashion. The tran.
~ Of the special had accidentally been
AL advertised, az was evident BY the
srsat crowds along the entire route.
fyery crossing had its quota OF spects-
tors. and rail fences on the outskirts OF
riIIaoes in the lower portion OF the state
-srs literally decorated With natives.
Orino TO the delay in starting, no stops
Ssro made after leaving New Albany
mill Salem was reached, and the train
,,sssed through all intermediate villages
= a living rush. No place appeared 20
modest that it failed to possess q piece
- ordnance, and the accompanying
Cheering OF the assembled crowds was
~ lood as the detonation of the artil-
Iers. The President throughout the
ssrIv norton of the run sought aeclu-
son in his coach and failed to make
sonearance on the platform. Accom-
nSnyiuq calls for the President at near
Y every station disposition was svinc-
"A by the crowd TO losk at secretary
Gresham, and there were repeated and
hearty calls for that gentleman. 1t had
bsen originally intended to make a
abort stay at all the leading stations.
Int owing to the delay in getting out of
Iouisyillc, and desire TO reach Chica-
90 on time, that plan was abandoned.
Chicago will be reached at seven o'clock
this evening. II is now contemplated
that a stay Of half an hour will be made
n Mount Vernon, where special trains
from Indianapolis and other Indiana
cities will bring crowds to view the
Presidents party.
The Last Spike.
Nsw YORK. August "a large party
v1l leave New York August -, as
quests Of Henry Willard, President of
The Northern Pacific, to witness the
opening of the road fsw miles west of
the Muilan tunnel. The party will stop
q dsv each in st. Paul and Minneapolis,
reaching Helena, Montana, September
Z. The party will 90 TO the junction of
the tracks in the morning, and William
n. Evarts will make an address, and
Willard will drive the last spike that will
unite the two divisions of the road. Il
10 expected that President Arthur will
Be present, having by that time finished
his tour Of the Yellowstone Park. ALI
sY-Presidents of the road will b pres
ent except Josiah Penham, who de-
signed the road and died in 1868, before
q shoveifui of dirt had been dug for its
construction. The other ex-Presidsnts
are Ex-Governor j. Gregory Smith, Of
Vermont, General George w. Cass, OF
New York, g. H. Wright, of Philadel-
phia. and Fred Billings Of New York.
A number Of prominent English and
German guests, public men and journal
lists, will arrive on August 18th TO join
the party. After the ceremonies some
Of the party will return East and the re-
maindsr will 90 over the whole of the
road to Portland, Puget Sound and
through the Willamette valley, return
ing 10 New York on September 18th.
Germany 10 send Representative.
NEW YORK, August 2.--The German
Government will send some one of its
highest officials connected with railways
70 attend the opening ceremonies of the
completion Of the Northern Pacific Rail
road. Ii il expected hare that President
Van Laventhaw will attend. II not. he
will he represented by one of the Vioe
Presidents. The principal German
newspapers will have special CORE
spondents. Some Of the delegations
will sail on the steamer Elbe on the 18th.
Il 10 authoritatively stated that the en-
tire expenses Of the German guests,
from the time OF their departure to
their return. are to be betrayed by the
Northern Pacific.
useie SANS Money A9airs.
WASHINGTON. Aug. 2.-The Clerk of
the Committee ON Ways and Means has
furnished the following analysis of the
public debt statement Of July. The
clsse OF the first month Of the new fiscal
year shows reduction In the public
debt since July LIST of 5000, 0OO Ia
round numbers. This reduction, how
ever, 10 not real in the sense that the
obligations to pay the amount named
have been discharged, the debt column
showing no change worth noticing since
the beginning Of the month. This re
duction In produced by the payment OF
about 5000, 900 for accrued interest
and an Increase of aboat t5,O0O.O0 in
the available cash balance, which ID
nov $l55. 727, 1856. The Treasury has
now nearly sos, 100000 in gold coin
the month il nearly 81, 000, 900. Against
the gold fund there 10 outstanding $GO,'
10000 In gold certificates, an increase
Of $3l. COO for the month. The accu-
mutation Of standard silver dollars in
the Treasury goes steadily forward, the
number of these pieces nov held beins
over tll3W0.0 QUO, against which there Il
outstanding nearly 81, 000, 900 in certi-
acates. OF the 90 000.0QO In silver dol.
lars coined in July one-half went into
the Treasury, including 81, 100000 Of
ffactienal currency. The weight Of sil-
Yer coin nov in the Treasury II 606a
tenA The receipts for tbs month COM
putsd with those for July, 1852, show q
falling OF Of over $l,250,O00. This Loo
3 mainly In Internal Revenue receipts
The operation of the nov tax Law, By
which tobaoco tax has been reduced
oos-half, and certain other taxes abol-
hhed, will explain the loss in custom re-
esipts. There was an increase over last
July Of nearly $l.000.0 600, caused by the
peduCtion of duties on merchandise
vAich was held iu bond until after Ju.
y lst, In order 20 secure the beue6t oi
Induced rates under the new tariff act
oppssisien TeleGraph Company.
NEw YoRK. Aug. 2.--Certidoats of in
corporation Of the Exchange Telegraph
Company vas filed in the County
Clerks office yesterday. Tho incorpor.
ators are G. ID. Field. @. 8. Hurd, Alex
Thain, I. Bentley and ]. @. Jswett. The
general route 10 from this city 10 San
Francisco, with intermediate lines and
branches. The capital stock 10 q, CO.,.
90. divided into 5000 shares OF tl0
each. The right to increase the capita
10 reserved. Each Of the incorporation
has 100 shares Of stock. Alex. THAN
said last night that &O0, 600 had already
been pledged by merchants. especially
by psrSons In the grain business. Wires
b Chicago were expected TO be in opera
tan by January let. Some Of the best
telsgraph patents In the country have
hesn secured. Thain said the company
Intended 10 build q limo and operate Il
= . business enterprise. but that It val
not for sale.
Clearing " The WRECK.
Tnor. N. Y. August 2-The wreck oil
The colliding freight trains on the Troy
and Boston Road near North Pownil
- . n A. = -.