Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1884-08-05
HOME AND ABROAD.
Especial DISPATCHES TO THE rrooRD-vsros.I
DOMESTIC NEWS.
The Greedy Party-Enthusiastic Demon

city is thronged, public and private Dullu-
ings are decorated, and Welcome to Our
Arctic Heroes" placarded on bunting
everywhere. The harbor is filled with craft
laden with people. At 11:20, amid con-
siderable enthusiasm, Commander Scbley,
Lieutenant Emery and Commander Comm
Following them were the
other officers of the Greedy expedition and
the sailors of the Thetis, Bear and Alert.
They were enthusiastically greeted as they
landed. The crowd pressed forward to
shake their hands. A roar of welcome
went up when, at IL o'clock, Lieutenant
Greedy and his comrades were observed
coming towards the landing in the Ad-
mirars barge. Greedy was clothed in white,
and with a slouched hat, and wearing
spectacles As he and his companions
alighted all the crowd welcomed him.
Greedy leaned upon Lieutenant Powell, and
languidly lifted his hat. His every move
ment indicated weakness. His comrades
received much attention All were placed
in coach and Immediately driven to the
Rockingham House, it having been decided
that they should not appear in the process
sion. Lieutenant Greedy said TO an Asso-
ciated Press representative that he felt very
well this morning, and he looked it. He
expressed himself as much moved by the
COrdlalltN OF MS receptlOl. MIS-. tleSis
Joined her husband at the hotel.
AT 1920 the procession began its march:
The streets were packed Applause greeted
the sailors of the relief squadron. The
ovation continued throughout. and at the
end of the route Commander Schley, Lieut..
Emery and Commander Coffin were re-
ceived with tremendous enthusiasm. As
the head of the procession neared the Rock
ingham House. where Lieutenant Greedy
and the survivors were waiting the review
the pressure of the crowd became so great
that the column was delayed several min
utes. Lieutenant Greedy and comrades were
seated upon balcony. Cheer after cheer
greeted him As the crews of the Thetis,
Bear and Alert passed Greedy bowed very
low and seemed to look his gratitude to the
men who so recently rescued him from an
Arctic grave. The scene was affecting.
Commanders Schley and Coffin and Lieut..
Emery raised their hats as they passed the
hero.
After the procession Greedy and party
were driven to the grand stand, where
again they reviewed the procession and re-
ceived the plaudits of the multitude.
Among the prominent men on the stand
were Secretary Chandler General Hazen,
Governor Hale, MAYOR Lathrop, of Dover !;
the Mayor of Newburyport, Samuel J. Ran
dali, Congressman Robinson, of New York;
officers of the relief expedition and North
Atlantic squadron, and members of the city
government of many New England cities.
The procession was dismissed at
o'clock. and shortly afterwards the invited
guests were entertained at dinner by the
city of Portsmouth.
THE OFFICIAL WELCOME OF THE CITIZENS
OF PORTSMOUTH.
PORTSMOUTH, August 4th.-The meeting
of citizens in Music Hall this evening to
extend the official welcome of the city to
Lieutenant Greedy and his surviving COM
panions was largely attended, and was
characterized by unbounded enthusiasm.
In the auditorium were Portsmouth 5
foremost citizens and on the stage were
the officers of the North Atlantic squadron
and Arctic relief fleet, while in the front
seats in the orchestra sat the crews of the
Thetis, Bear and Alert. The sailors
were enthusiastically received on en-
tering the hall, as were their
officers, who followed shortly after.
w E. Chandler, Secretary of the Navy
General Hazen Chief Signal Officer Ad-
miral Luce, Commodore Wcllcs, General
3. +. Butler, Congressman 5. J. Randall,
Congressman Robinson, Governor Hale, of
New Hampshire, and Senator Hale, of
Maine, occupied seats ON the stage. The
meeting was called to order by Rev. W. A.
McCfintry. Rev. w. II. Alder made 4
PRAYER. and was followed by Mayor Treat,
of Portsmouth, who read an address, in
which he extended the inequalities Of the
city of Portsmouth TO Greedy and his lit
tie band. Rev. McGinry then announced
that the committee of citizens had secured
Hon. W. L. Chambers consent to act as
permanent Chairman of the meeting.
When Secretary Chandler came forward to
address the meeting he was very warmly
applaudcd. When he referred to the efforts
of 5. J. Randall in the House of Repre-
sentatives, and Senator Hale, in behalf of
the Greedy relief bill, as well us the noble
work of Commanders Schley and Coffin
and Lieutenant Emery, the audience be-
came almost wild with enthusiasm. Mr..
Chandler. in his address, told the story of
the organization and object of the Greedy
expedition. General Butler, Senator Hale
and Hon Samuel Randall also made short
addresses.
Decrease of Gold in the United States
Treasury.
New YORK, August 4th.-The Post inter
viewed the bank Presidents regarding the
decrease of gold in the treasury, and the
prospects Of silver payments. +. ID. Tappan,
of the Galatin bank, said: Il don't see
any escape by the Government from the
necessity of soon paying silver, and the
banks will have to take it; of course, III
silver certificates, and not in coin, as each
bank would need horse and dray if the
Government insisted on paying out coin. !
presume part Of the debit balance of the
Government, perhaps half or a third, will
be paid in silver. The change may not
have an important effect upon our home
business. but of course it will unsettle for
eign exchange and weaken American Sc
curities abroad Many of our bonds may
be thrown back upon us from Europe" G..
H. Potts, President of the Park Bank,
said he saw with great regret the coming
necessity which the Secretary of the
Treasury would be under of paying Gov
eminent debts in silver. The necessity OF
silver payments was only a question OF
time The banks would take silver, and
pay it out, but gold would at once jump to
a premium and foreign exchange would be
increased to the extent of the premium
The return to silver means a return to in
fiation in prices. Since July the Treasury
has lost about fifty millions in gold and
the decline is steadily going on. During
last week gold came this way in manner
promising some relief, but the movement
may only be temporary.
Gold Certificates.
New YORK, August 4th.-The Times says
that according to the United States Treas
ury statement for July, the increase i'll gold
certificates outstanding is twenty millions
This fact is regarded by bankers with some
anxiety, for when the issue of gold certifi-
Gates goes to that point where it cannot be
increased, silver certificates or silver coin
must surely come to the front as a means
of settling Clearinghouse balances. A
Treasury official said yesterday it was only
question of time when the Sub Treasury
would have TO pay its Clearinghouse bal
anccs in silver People do not want sill.
ver" said the gentleman banks dislike t
handle it, and individuals won't touch
standard silver dollar if they can possibly
avoid it, Congress, however, by its neglect
to provide for the suspension of silver coin
age. virtually said to the people of the
country, You must take silver and for q
while at least there seems to be no escape
Soon there will be no more gold certificates
printed, and when those outstanding are
absorbed the business community will
have to come down to silver with the best
grace it can"
Wants to Borrow Money.
WASHINGTON, August 4th-It is stated
here that the new President of Mexico has
sent an agent to New York to try to nego.
| tate loan of $50, 900, 900. That republic
| the story goes, owes citizens of England
the sum above named and has been told
automatically, of course, that she mus,
pay or there will be trouble As that
4 ,gt ont no NOV q