St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-01-26
The Treasury Discovering Ways and
Means to Store Its Surplus OF
Silver Money.
Unfayorable Debt Statements and Cramped
Reserve Fund Cause Conservatism
in Financial Matters.
The Condition of the Indians-Busines
Coming Up In Cong
and Exports.
MORE SILVER VAULTS WANTED.
Especial Telegram to the Globe. |

ard dollars and asking for instructions how
to dispose of the surplus that was rapidly
accumulating. The sub treasurer sug-
gested If it was proposed to give him
additional vault room the government
would have to buy more ground, as every
inch of available space was now occupied.
The secretary held q consultation with Treas
urer Wymau, Assistant Secretary Coon and
Mr.. Daskam, chief of the money division, on
the subject yesterday and learned that the
only places where there was room for any
more silver was at New Orleans and Wash
ington The new vault at the latter place
was completed this winter and has a STORM g
capacity of $50,000,0 900, while the one at
New Orleans will hold about $50, 900, 900.
To transport the surplus silver from San
Francisco to either of these places was the
remedy proposed at first, but when the ques-
ton of the cost of transportation arose there
was some doubt about the balance of the appro-
priation for this purpose being sufficient, but
1t was agreed to try it as it went The prop
osition to buy more ground on which to
build another house to store more silver in ,
would be, Secretary Coon said, but ian ex-
pensive temporary remedy, for, until the
coinage of this metal is suspe ded or stopped,
there will be no end to the grounds, build
ings and vaults required to keep it in.
STATE OF THE TREASURY.
The treasury excess of assets over liabilities
reported yesterday was sl43, 900, 900 or So
600, 900 more than the customary reserve.
The interest payments on per cent. and
district bonds during the present quarter
will not require more than 81, ,000, 900, or So,
1000, and If pension payments were
within any reasonable amount, bond call
could be calculated upon very shortly.
There Is, however, great uncertainty regard
ing pension payments. In the treasury the
estimate for this item, $40, 900, 900, was given
as the outside figure, but word received from
the pen sion bureau indicates that at least
Sl5, 200, 900 will be wanted. An official in
the pension bureau goes beyond this aud de-
clares that the present quarterly demand will
be the largest for a long time. The pension
warrants for the last quarter aggregated
81 900, 900, and it was owing TO this
great payment Of money from
the treasury that the last two
monthly debt statements were so
unfavorabe. repetition Of the heavy draft
is again possible, and bond calls will be held
in abeyance for the present. Secretary Nc
Culloch's term OF Office so far has been
marked by singularly cramped state OF the
reserve fund, dueyto the unusually heavy
drafts upon 1t. He is, therefore, very con-
servative in financial operations.
CONDITION OF THE TSDIANs.
In Two speeches in house on the Indian
appropriation bill, Ellis, of Louisiana, at
ten pied to lay the whole responsibility for
starvation aud distress among the Montana
Indians at the door of the Indian bureau.
Tue attention Of Commissioner Price was
called 10 Mr.. Ellis statements. He replied
'The facts are as stated in my last annual
report. The suffering of these Indians for
lack Of food was attributable, directly aud In
directly, first 70 the fact that the
appropriations for them we're not made until
three months after they should have
been, and, second, that when made the
amount was less than was asked for By this
Office, aud consequently insufficient for alb
ison Of the estimates OF the appropriations
made by congress shows that the latter were
S92, 10 less than the estimates Of the de-
partment. CommissiOuerPrice says there has
been no suffering among the Indians since
last July. The prompt action Of congress al
this session, under the spur OF public com
ment, has probably averted the danger Of
bafrr Tr1u
BUSINESS IN THE SENATE.
Western Associated Press.l
WASHINGTON, Jan % The interstate
commerce bill and Nicsraguan treaty are, as
they were at the beginning Of last week and
of the week before, leading measures before
the senate aud appear to be not perceptibly
nearer the point Of final action than week
ago. 1t s probable that their discussion will
outLst the present week II not set
aside. Senator Bsyard's resolution, ex-
pressing the sentiments Of the senate regard
in 2 the London explosion may lead 10 some
debate tomorrow. The regular order Is
likely 70 be set aside later in the week for the
discussion and passage OF the pension aud
consular aud diplomatic appropriation bills
one or both-aud IL is possible, also, that the
the appropriations committee tomorrow, will
be reported before the end Of the week The
temporary naval bin is still in the hands Of
the eouferees, but an agreement will prob
ably be reached tomorrow or Tuesday. II
is not likely to lead to any further discussion
In the senate.
sCsTNEss ~ The HOUSE.
The annual appropriation Gill for the Dis
trict Of Colum bia will b. called up in the
house tomorrow. At 8 80 O'Clock eulogistic
addresses viii be delivered IN honor Of the
late Representative Duncan, Of Pennsylya-
MIA. The committee on appropriations eI-
prcts 10 report the army aud postOtice appro-
priation bills In time 10 cali them up Tues
day or "Wednesday. It is the intention of
the committee on rivers aud karbors to ask
consideration Of the river aud
harbor appropriation bill the latter
part Of the week There Is
a disposit ition on the part Of friends Of prom
iueut measures now pending TO antagonize
the appropriation bills Mr.. Hewitt, Of New
York. will sndeavor to caIl up the biIl io
carry into effect the provisions Of the Mexi-
can reciprocity treaty dursbg the week. Mr.
T0wusheud will press the Mexican pension
bill, Mr. S;0ckslager the bin providing fOr
public buildiugs throughout the country.
Mr.. Singleton the national library bill and
Willis the educational bin at every op
/ pOrtunity-
COTTON STATISTICS.
Mr.. Nimmo, chief Of TIE bureau Of ssAtis-
ties, presents in MS quarterly report, Just
/ published, al interesting report made TO the
I hurvsu oy Wm- l. Trsnhosn, Of Charleston.
I $. C., on the persistepeT aud fertility Of cot.
I ton producing lands in The Cuitet States
( This report wAs prepared by Trenholm 10 re-
I ply 70 specific Inquiries submitted
I To him by Ninmo IL july
I last and Is nov presented a. an intrOdac-
I iios to an iu uorfant aad s0meEha; exten-