Shenandoah herald. [volume] (Woodstock, Va.) 1865-1974, 1891-05-01
WASHINGTON LETTER.

Written and compiled Tor the HERALD
WASHINGTON, d. c., April 20.-Secre-
tary Foster has, in Difference to numerous
requests. about decided to issue circular
informing the holders OF the AZ per cent
bonds which will mature Sept. |, that
they may, If they desire, bold these
bonds az the pleasure of the Government,
provided, they are willing to accept 2 per
cent interest after Sept. l, on the same
The amount of these bonds now unre-
deemed IS about $4,000, 0G0, of which
about $50, coo goo is held by the Treasury
department as security for the circuls-
ton Of National banks. 1T is regarded
as certain that all the National banks
and q considerable number Of the private
holders cf these bonds will prefer to let
them run at , per cent instead of having
them redeemed.
In taking this action Secretary Foster
is following the precedent set by Secre-
tarv Window IN 1881, in relation to about
s.. 600 900 of 6 per cent bonds which ma
tured July l, OF that year. The circular
then issued notified the holders of those
bonds that the principal and accrued in.
tercst would be paid and that the in
terest thereon would cease upon that
date. Provided however, that in case
any Of the holders of the said bonds should
rc0ncsts 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.
L S. Treasurer Nebeker filed his bond
last Friday, but did not formally take
charge of his Office until this morning -
Saturday evening at the close of business
The ten money vaults in the Treasury
department were sealed by the committee
of three-one representing the Secretary
of the Treasury. one the retiring Treas
urer, Mr.. Huston, and one the new Treas
urer-appOin,ed to slperintend the count
ing of the money on hand pending its
transfer to Treasurer Nebeker and the re-
lease of ex-Treasurer Huston's bondsmen,
and this morning geventy-iiye clerks be.
gan the task Of counting the money. 1t
will take eight or ten days to complete it,.
The dispute as to who is the legal secre-
tary of the WOman's Board of Commits
sioners of the Worlds Fair has been trans
ferred 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 COuzlns
was determined that her side of the case
should be properly presented to the Treas
ury department, 30 she came on aud pre-
sented it herself.
Senior Manuel de J. GAlvan, of San
Domingo is here, and he has presented
documents to Secretary Blaine accreditIng
him as special envoy from that country
for the purpose of negotiating 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 secure from
Hayti a cOalng station for the United
States. because he is authorized to ofteI
this government SamOna Bay, which has
a harbor large enough to flat all the
vessels we a,e likely to have for fifty
years to cone, for that purpose, II iG Wi
agree to trade reciprocity with San Do
mingo, under the provisions OF the Nc
Kmley tariff act.
General j.. C. Black of Illinois, who
vas Cleveland's Commissioners Of Pension:
and who was badly disgrunted for time
because old man Thurman got the Vice
Presidential nomination that he coveted
is in town, and, If his friends are to be
believed he is a full fedged candidate for
the Democratic Presidential nomination,
and claims that Senator-elect Palmer has
promised to see that he gets the solid dele
CATION of his State. This isn't pleasant
news for Hon. William r. Morrison
"Horiz lntal Biil"), now drawing a
Government salary as member OF the
Interstate Commerce Commission, who
has long been in hopes that Illinois would
make him her favOrite son in the next
Democratic convention and secure fol
Lim, if DOT the head of the ticket, second
place, and it is probable that the friends
of these two gentlemen will at once begin
a campaign of political throat cutting
that will end only when one or both Of
them are completely done for.
TIE Presidents Private Secretary, f.
w. lIalford. who recently lost his wife
has, with his daughter gone on the flying
trip TO Europe. lie expects to return by
the time Mr.. Harrison gets back TO Wash
ington.
II Is re garded as so certain that Secretary
Proctor will succeed Senator Edmunds
that speculation is already rite as to who
the new member of the Cabinet will be
There is a mo, ement on foot to secure The
place for the North west, the argument be
ing that New England ought to be salts
fed with having DIR. Blaine in the Cabi
net. Senator Henderson and ex Senators
Pierce and Spooner have been mentioned
as men that would he satisfactory to thu
party in the Northwest.