The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1884-07-31
WASHINGTON.
The Currency.

The Currency.
WASHINGTON, July 80.
The statements in regard to the contraction
OF the aggregate circulating medium during
the last session of Congress show an apparent
increase Of 1926, 676 in the aggregate circulat-
ing medium of the country outside of the
amounts held in the treasury. This apparent
increase, however, is due TO the increase oil
$12,249, 02O in gold certificates, which is merely
circulation in the form of certificates of gold
already in the hands of the people and banks.
Deducting this ,020 shows real con
traction for the seven months ending June 70.
1884, of about ST., 0000 900. The net loss of
gold was about $20,0O0000. This, added to
the contraction of other forms of the currency,
makes the total contraction of the circulating
medium of the country. outside of the treasury
of about $32, 100000.
The RE ussars Treasure.
A letter has been received at the Treasury
Department, from Mr.. Nelson Cross, who rep
resents the interests of the government in the
$5, 600 supposed to lie ia the wreck of the
British ship Hussar, at the bottom of the East
River, saving that work the wreck is at a
standstill and that Mr.. Thomas, the contract
or, is unable to proceed with it. Mr.. Gross
makes proposition to go on with the work
himself on the same terms as the present con-
tractor. He says there are men of means who
believe the treasure exists, and who will assist
him to complete the search. 1t is not likely
that any actien will be taken on the PROPOSE
ton before the return of Secretary Folger.
National Board of Health.
The National Board of Health, at their an
nual meeting today, elected officers for the
coming year as follows: President, Dr. James
l.. Cabell. Virginia; vice president DIR. Ste
phen Smith, New York; secretary, Geo. e.
WariDg, Jr. Rhode Island. A resolution was
adopted that the members of the board be
placed on duty for the investigation of all
matters which, in their Judgment, have d.
rect bearing oA the question of cholera.
Rags from MarseiiIes.
The action of the Treasury Department yes
terday, in refusing to allow the landing at
New York OF cargo OF rags from the barque
Marie Luigi, which sailed from Marseilles,
May 3otn, was reconsidered today, and the col
lector OF customs at New York was notified
that If he was satisfied the rags were actually
shipped from MarseiIles before June 10th, the
cargo might be landed. This action was the
result OF conference between the customs
officers of the Treasury Department and sur
geon general OF the marine hospital service,
and was mainly based on statement by the
latter officer that Margellles was free from cpl
demic disease prior to June 10th. 1t was also
shown that the vessel in question exhibited a
clean bill of health, and had passed quaran-
tine.
The Loch Garry.
The board OF survey appointed to examine
the damages to the transport Loeb Garry, of
the Greedy relief expedition, report that the
necessary repairs to the vessel will cost be-
tween $1,000 and So, 900. and will occupy ten
days. AS the contract with her English own
ers will expire Aug. 5, and as any further de-
tention of the vessel will necssstate payment
for another month, about $1,000, Admiral
Nichols has directed that the repairs, if posi-
BILE, be completed before that time.
Charges Not Sustained.
Special Agent Burns of the Treasury De-
partment, who was charged with the investiga-
ton of certain charges against the manage
ment of the life saving service, and against
Superintendent Kimball of that service, which
were made in January last, has made report
to the Secretary of the Treasury. He finds
that every material allegation in the charges is
false.
Facts and Rumors.
Ths district attorney has undertaken to se-
cure the government more effectually in cases
where bonds Tor appearance given. 1t Is
discovered that there is a regular business car
ried on by professional bondsmen, who are
financially worthless and largely in debt to the
government. Wrong-doers will find it more
difficult in the future to escape the law on
worthless bail bonds.
Lightning struck the dome of the Capitol
yesterday. The goddess Of liberty was bril-
liantly illuminated.
number of owners of oyster beds along the
Chesapeake bay are here to consult the attor-
ney general as to what methods can be adopt
ed to suppress oyster pirates.