The Ottawa free trader., 1884-04-05
CAPITAL CHRONICLES.
LATEST GOSSIP FROM WASHINGTON.
The House Passes the Bili to Retire the
Trade Dollars-A Measure to Mako
small Coin Legal Tender
In Any Amount.

The House fasstS tne w ''N'''~
Trade Dollars-A Measure to Mako
small Coin "a Legal Tehner
In Any Amount.
A TEST OF THE SENTIMENT OF THE HOUSE
WAsnINGToN, April - The Trade
Dollar" bill Just passed by the House
provides that until January l. 1856
United States trade dollars shall Re
received a, their face value in pay
ment of all dues to the United States, and
shall not be again paid out, or in amy other
manner issued; that the holder of any United
States trade dollars on presentation OF the
same at the Office of the Treasurer or any
Assistant Treasurer of the United States,
NAV receive in exchange therefor IKE
amount and value, dollar for dollar, III
standard silver dollars of the United
States: that the trade dollars received
by, paid to, or deposited with the Treasurer
or any Assistant Treasurer or National de-
nositOry of the United States shall not be
naid out or in any other manner issued, but
at the expense of the United States shall be
transmitted to the coinage mnts and re-
coined INTO standard silver dollars. Inc
fourth section, providing that trade dollars
recoined into standard dollars should De
deducted from the amount OF bullion To DO
coined by the renlonetizatlon act was StrlcK-
ell out, I3l to lis.
There was originally issued Of trade dol
lars 80. $50, 900. OF this number y, 600, ,0Oo
were exported and employed in the Eastern
trade. being held principally IN emma.
There is estimated now 10 be IN circulation
in this country less than S,000,O 600 quite
q number of these are supposed to nave
been gathered by spectators az debaSed
price, in anticipation that Congress at some
day would redeem them at their face value
TO MAKE FRACTIONAL COIN LEGAL
TENDER.
Senator Maxey PROPOSES to offer an
amendment to the House bill for the retire.
ment of the trade dollar, providing that aft
er January |, 1880, trade dollars and flac-
tional coin shall be sent to the mint
as fast as they are deposited in the Treasury
and coined into half-dollars, each containing
2O6l. grains OF standard silver, these new
coins to be legal tenders for all public or
private debts. 1t also provides for the re-
coinage of quarters and dimes into new
pieces, which shall be legal tender for all
public and private debts. Silver certlh'
Gates based on these new coins are TO oe
issued in the same manner as now in the
case of silver dollars.
THE PUBLIC DEBT.
WAsuINGToN. April THE reduction of
the public debt during March amounted to
Sl4, 23S, ,324. The decrease of the debt since
June 80 is Ss3, SIS, 2S39S:
Cash in the Treasury ry............... 4U2,s.52l
l.lI H..
silver ccrtlncates ......'.'.'''' ~ aua
Certificates of deposit. sit............... l9'ii9uW
Refunding certificates. ............. 80, fUovU
Legal tenders. observation-disclosures. oiO,OslVio
Fractional currency. o''of,oio
WHEAT STATISTICS.
A report just made to Congress by Stats
tician Dodge, of the Agricultural Depart
ment, shows that the stock OF wheat on
hand is ll9, 900, 600 bushels of which I,500,-
900 bushels are in Illinois, 9, 500, 600 bushels
| in Iowa, 100000 bushels in Wisconsin,
and l3, 500, 900 bushels in Minnesota.
CONGRESSIONAL PROCEEDINGS
| In the Senate on the 3lst ult petition was
4 presented asking compensation to citizens OF
! Kansas for property destroyed in the Chey-
enne raid of ls7s. David J. Brewer was con-
Grmed as Judge of the Eighth Circuit. In the
House a resolution was offered by Mr., Nichols
requesting an inquiry into 'ne T;rcinnati cirruti,
Among the bills introduced were the
following: by MIR Peel: granting right
| of way through Indian Territory 10 tne
| Pacific & Great Eastern Raj Company
| by Mr. Kasson, to repeal the internal revenue
! lay on tobacco and the diStil alton OF apples
and peaches; by Mr. Ellis, to equailze the
taxation OF domestic and foreign ihsuralce ,dC
companies; by Mr.. King. appropriating $W0
0OO for the relief of the sufferers from the
Mississippi ho ods by Mr.. Graves. authorizing
| the appointment of Il Mississippi River Com
misJon. The Trade Dollar bin was taken NJ
and debated.
A BILL was introduced in the Senate on the
lst by Mr. Hill to make gold and silver certifi
Gates legal tender. A bill for the relief of the
Jeanette survivors was passed. Discussion
of the Education bill was resumed. Generals
Grant and Beale were rendered the courtesy
of the floor In the House bills were favor
ably reported for the naturalization OF the
descendants of aliens who served honor
ably In the army; authorizing the service
of proce 3ses of Federal courts within
the limits of Indian reservations; Il
provide for the inspection ol live
stock, hog products and dressed meats an,
to prohibit contracts for the labor of Fedora
prisoners. The bill to redeem the trhde-dol
lars was passed-ls9 to after the erasure OF
the fourth section, which provided that they
should he counted in the compulsory coinage
Mr.. Hopkins, of the special committee TO in
ycstgutc the charges against II. '. BOynton
submitted a report accompanied by resoiu
tion declaring that the charges against Mr.
BOynton were not sustained by the evidence
and that there was no ground for any further
action by the House.
= IN the Senate on the I'd corrected creden
tials of Henry II. Payne as senator from Ohi'
were presented. The Education bill wa
further debated 900. In the House recess o
fifteen minutes was taken to receive Genera
Grant who leaned on IA crutch at the Clerk
desk and was introduced to members h,
Speaker Carlisle. 4 message from the Pres
deut was received. recommending an appru
, pliation of SlOO00J for the protection flevee
ON the lower Mississippi.
A Great Fire.
LONDON, April 3.-A destructive tir
, started in PaternOSter row yesterday after
noon among the great Publishing houses an'