The Pioche weekly record. [volume] (Pioche, Nev.) 1877-1900, 1891-05-07
WAsHI>GT IN LErTER.

W ASHiNGIoN, april u, lo9l
Secretary Foster has, in Difference to
numerous requests, about decided to is.
sue circular informing the holders of
the A ] per cent bonds which will mature
Sept. lst, that they may, if they desire,
hold these bonds at the pleasure of the
government, provided they are willing
to accept per cent interest after Sept
LIST on the same. The amount of these
bonds now unredeemed is about $43, OOO,.
900, of which $4,000, 600 is held by the
Treasury department as security for the
circulation of national banks. 1t is re-
garded as certain that all national banks
and considerable number of the private
holders of these bonds will prefer to let
them run at per cent instead of hav.
ing them redeemed
In taking this action Secretary Foster
is following the precedent set by Secre.
tary Wiud,m in 1881, in relation to
about 81, 600. 600 of 6 per cent bonds,
which matured Jnlv Isl tf that year.
The circular TIL II issued notified the
holders of those bonds that the principal
and accrued interest would be paid and
that the interest thereon would cease
upon that date. Provided, however,
that in case any of the holders of the
said bonds should request to have their
bonds continued during the pleasure of
the government, with interest at the rate
of 81 per centum per annum, in lieu of
their payment on the date specified, such
request would be granted.
U. S. Treasurer Nebeker fled his bond
last Friday, but did not formally take
charge of his Office until this morning.
Saturday evening at the close of bust.
ness the ten money vaults in the treas.
ury department were sealed by the com.
mittee of three-one representing the
Secretary of the Treasury, one the re-
firing Treasurer, Mr.. Huston, and one
the new Treasurer-appointed to SUPER
intend the counting of the money on
hand pending its transfer to Treasurer
Nebecker and the release of ex. Treasurer
Illusions bondsmen, and this morning
seventy.five clerks began the task of
counting the money. 1t will take eight
or ten days to complete it.
The dispute as to who is the legal sec.
rotary of the Woman's Board of Comm.
issioners of the Worlds Fair has been
transferred from Chicago to Washington
and Secretary Foster will have to decide,
when the vouchers for April salary are
presented, whether Miss Phoebe Couzins
shall get the money or the lady named
by the Lady Commissioners. Miss
Couzins was determined that her side of
the case should be properly presented to
the Treasury department, so she came
on and presented it herself.
Senior Manuel dc j. Galvan, of San
Domingo is here and he has presented
documents to Secretary Blaine accredit.
ing him as special envoy from that
country for the purpose of negotiating a
reciprocity treaty with the United States
He is very hopeful of succeeding now
that the telegraph has brought the news
OF the failure of the negotiations to Sc.
cure from Hayti coaling station for the
United States, because he is authorized
to offer this government Samona Bay,
which has harbor large enough to float
all the vessels we are likely to have 70,
fifty years to come, for that purpose, i
it will agree to trade reciprocity will