Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1885-10-25
WASHINGTON.
The Report of the Naval Board
optic
Unfinished Cruisers approved by
Secretary whitney,
John Sherman Speaks at the
Capital Yesterday,
The Presidents POlicy---Gsnsral
Dispatches.

WAsHISGroS, October 2J.-Ths report
of the Naval Board co1Situted by order
of Secretary whitneE/tO examine the
work and material StFths unfinished cruis
ers Chicago, Boston and Atlanta, and to
ascertain the tHr market value thereof IN
cluding . Reasonable margin 0f profit upon
the vessels has been approved BY the Sec
retaryyand referred by him to the Naval
Advisory Board, which latter has been or
dered to go on with the work Of construc,
hon. a full meeting Of the Advisory
Board has been called for Monday, to con-
slider the report Of the Board on Appraisal.
The Board of Appraisal, in its general
report, which is Introductory to the detail
ed reports upon the three vessels, say
The Board would state that it considers
that the materials and workmanship, az far
as can be seen at this stage Of the coz
struction, are good, and answer the re-
quirements ofthe contracts, and that IT CON
siders that by expending the money which
the Board estimate as necessary to be ex.
pended, to make the vessels complete and
up to the contract, that it will have at that
time vessels up in character and quality to
the contract req uirements.
In their report upon the Chicago the
Board of Appraisal says The original
contract price of the Chicago was 1888, 600,
which was increased in accordance with
the provisions of the second clause OF the
contract By authorized Extras" amount,
ing to S44,092, making the total contract
price at this time 1898, ,692, which the
Beard assumes would represent the fair
market value of this vessel when complete,
in accordance with the plans and speci6'
cations of the contract, including a reason
sbls and customary margin of profit. The
Board estimates cost OF material and labor,
including profit necessary to complete the
vessel at $208, ,045, which being deducted
from the total contract price, leaves S725,.
646, which the Board declares to be the
fair market value of the work and mate
rials belonging to this vessel and the Gus.
tomary margin of profit upon 80 much OF
the work as had been satisfactorily per.
formed at the time Of the forfeiture Of con-
tract.
In its report upon the Atlanta, the
Board states the total contract price is
1861, ,97S, and that an expenditure of SAL
59l will be required to fnishthe hull. The
latter amount deducted from the contract
urice leaves $620,3S7 as the fair market
value of the vessel in its present condition.
The total contract price OF the Boston is
S66O,22I. 1t is estimated that an expen.
diture of $50, 1875 will be required to com.
plets the hull, which amount deducted
from the contract price, leaves $500 as
the present value Of the vessel
HIS BACKBONE.
The President stated to gentleman
whom he called into consultation yester'
day, that he will rigidly adhere to
his civil service reform policy whatever
NAV happen in or out of his party, and
that he is confident that ultimately the
country will approve his course. OF one
thing he is sure, that neither po,
riticsl party can openly espouse any
policy which is autsgonistic to the civil re-
form idea. Mr.. Cleveland intends in an
REORGANIZATION OF the Civil Service Com.
mission, to make clear his purposes in
this matter.
JOHN SHERMAN SPEAKS.
WASHINGTON, October 24.-Senstor John
Sherman was tonight rendered a ser
enads by his friends in this
city. The Marine Band furnished
music for the occasion aud large croRd
of persons listened to the speeches. Sens
tor Sherman was introduced BY Ben But
terworth and spoke for thirty minutes.