The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1891-06-03
TO SAVE INTEREST.
The Financial Policy Of the
Government.
The New Order Relating to The Redemp-
tiOn Of Bonds.
Interest to Be Largely Reduced ID Important
Land Decisions Army and Navy Orders
PoSteflGeS and Pensions.
Special to THE MORNING CALL

WASHINGTON, May 2.-Notice is given by
Secretary Foster that the principal and ac-
crued interest OF such of the Az per cent
bonds issued under acts of July H. 1870. and
January 20, 1871, rs may be outstanding on
the I'd of September, 1891, will be paid on
that day, and interest On said bonds vii
then cease. Suggestions have been made on
the part of holders holding those bonds of a
desire to extend the payment thereof, at the
option of the United States at a rate of l or
1h per cent per annum, and the Secretary
of the Treasury will hereafter consider
whether the acceptance of such offers, or
any of them, will be profitable to the Gov
ernment, and in that event reserves the
right to except such bonds from his call.
1t is officially stated that the suggestion as
to the extension of the Az per cent loan
added to the call made to-day is made more
as a matter of prudence than Of necessity.
ABLE TO PAY THE BONDS.
The Treasury Department, it is said, Is
abundantly able to pay all of the $51, 100000
AZ per cents outstanding. but in view of
the uncertainty of the future receipts and
expenditures it is deemed better TO take the
side of safety. The Secretary not only be-
lieves he has ample means to defray all the
expenses of the Government, but is con-
fident he will be able to retire a consider
able amount of the public debt. in addition
to S236 100000 already paid by the present
Administration. One of the purposes in
suggesting the opportunity to extend the
maturing loan at a nominal rate OF interest
is the desire TO avoid the enforced retire.
ment of part or all Of the 100000 OF
national bank circulation now secured by
the Az per cent bonds.
LAND OFFICE MATTERS.
Land Commissioner Carter is making ar
rangements to survey the C@ur d Alene
lands, which were thrown open to settle
ment recently. Within a short time con-
tract will be awarded and the work conf
menced The following decisions IN land
cases have been made: In the case OF An
drew Rossvold VS.. John X. Howe, involving
land in the Spokane Falls district, the de-
eision of the Commissioner was affirmed.
In the case If John III. Weber, whose appli-
cation TO file presumption deelaratory
statement OH land in the Humboldt district
was rejected for the easUB that portion
of said section was within the limit of the
Klamath Reservation, Weber was allowed
to amend his filing by emitting that part in
the reservation. A similar decision was re-
jected in favor of Mary j. Duffy, also in the
Humboldt district. In the case of Sven z.
,IansseU, involving land in the Sacramento
district, the decision OF the Commissioner
was modified, allowing Jansen to purchase
the land if no adverse claims are filed
within thirty days.
ARMY AND NAVY ORDERS.
With the approval of the Secretary oi
War the leave OF absence granted to Lieu
tenant John Adams Perry, Department of
Arizona, is extended five months. with per-
mission to go beyond the sea. Private John
j. DYER Light Battery ID, Fifth Artillery,
now at the Presidio of San Francisco, will
be discharged from the service of the
United States.
Naval Orders-Passed Assistant EEgi-
neer j. Il. Wilmer is detached from the AL
batrosS and ordered to remain at the Naval
Hospital at Mare Island for treatment.
special duty at the Naval Hospital and or
dered to Y YOkGhoma, Japan, per steamer of
July 18th from San Francisco. Assistant
Engineer A. NJ. Hunt is ordered to the Fish
Commission steamer Albatr0ss. Cadets f.
B. Zahn, H. II. Hough, d. Ii. ChriSty, A.
Althouse, b. B. Bierer, n. E. Irwin, E. L.
Pollock and Ii. g. Mcfarland are detached
from the Naval Academy from June 9TH,
and ordered 10 the Lancaster.
PosTOFFICE CHANGES.
A new pOst0ffice has been established at
Dedrick, Trinity County, CAL, JOnn NJ.
TOmpkins. Postmaster. Amasa f. Bryant
has been appointed Postmaster at Bridge
port, Cal Eenry Wilson at Warner. Cal.
Lawrence V. McCourt at Fort Thomas,
Arz.. and Frank NJ. Murphy at Congress,
Ariz. Attilie Martneli has been designated
as acting Postmaster at Marshall, Cal.
The Postmaster-Genera has appointed
Samuel Flint of San Francisco, Cal, as Su-
perinteDdent of the Eighth Division of the
Railway Service, vice James l.. Wilder, re-
signed, said appointment 10 take effect with
this date.
PENSIONS GRANTED.
The following California pensions have
been granted John r. McHenry, Elizabeth
Hoyt, Martin O'Hearn, Henry Zufoldt,
John Zimmerman, Joshua Eldredge, Mary
T. Cunningham.
E. l.. Watson of San Francisco is in this
city.