San Antonio daily light. [volume] (San Antonio, Tex.) 1886-1907, 1891-05-02
WASHINGTON LETTER.
From Our Regular Correspondent
WASHINGTON, April, %, 1891.


TO numerous requests, about decided
to issue circular In forming the
holders of the 4 2 per cent bond.
which will mature Sept. l, that they
may, If they desire, hold these bondt
1T the pleasure of the Government
providing they are willing
to accept 2 per cent inter
est after Sept. l, on the same.
The amount of these bonds now un-
redeemed is about S43, 100000 OF
which about 1000, 900 is held by
the Treasury department as security
for the circulat ton of National banks.
Ii is regarded as certain that all the
National banks and q considerable
number of the private holders of
these bonds will prefer to let them
run at per cent instead of having
them redeemed.
In taking this action Secretary Fos-
ter is following the precedent set by
Secretary Window in 1881, In relation
to about 81, 100000 of 6 per cent bonds
which matured July l OF that year.
The circular then issued notified the
holders of those bonds that the prin.
cipal and accrued interest would be
paid and that the interest thereon
would cease upon that date. Provid
ed, however, that in case any of the
holders of the said bonds should re-
quest to have their bonds COL Iinued
during the pleasure of the govern
ment, with interest at the rate of 2
per centum per anpum, in lieu of
their payment on the date specified.
such request would be granted.
U. 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
enc represen ting the secretary of the
treasury, one the retiring treasurer,
Mr.. Huston, and one the treas
urer-appointed r. gerlntend the
counting of the money Oh hand, pend
ing it's transfer to Treasurer Nebeker
and the release of ex-Tressurer Hus.
TONS bondsmen, and this morning
seventy-five clerks began the task of
counting the money. 1t will take
eight or ten days to complete 1T.
The dispute as to who is the legal
secretary of the Woman's Board of
Commissioners of the worlds fair has
been transferred from Chicago to
Washington, and Secretary Foster
will have to decide, when the vouch-
ers for April salary are presen ted,
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 pre-
scented to the treasury department, 80
she came on and presented it her
self.
Senior Manuel de J. Galvan, of San
Domingo is here, and he has present
ed documents to secretary Blaine &C.
crediting him as special envoy from
that country for the purpose of nego-
tiating 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 coaling station for the United
States, because he is authorized to
offer this government Samona Bay,
which has a harbor large enough to
float all the vessels we are likely to
have for fifty years to come, for that
purpose, if it will agree TO trade recip-
rocity with San Domingo, under the
provisions of the Mckinley tariff
act.
General J. G. Black, of Illinois, who
was Cleveland's commissioner of pen
sions, and who was badly disgruntled
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 full.
f1edged candidate for the democratic
presidential nomination, and claims
tnat Senator elect Palmer has prom
lsed to see that he gets the solid
delegation of his state. This isn't
pleasant news for Hon. VIM. r. Nor
rison ("Horizontal Bill"), now draw
ing a government salary as mem Der
of the interstate commerce commits.
sion, who has long been in hopes that
Illinois would make him her tavorite
son in the next democratic conven-
ton and secure for him, if not 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.
The presidents private secretary,
f. w. Halford, who recently lost his
wife, has, with his daughter, gone
on a flying trip to Europe. He ex-
poets to return by the time Mr.. Har-
rison gets back to Washington.
1t is regarded as so certain that
Secretary Proctor will succeed Sena-
toI Edmunds that speculation Is al
ready rife as to who the new member
of the cabinet will be. There is
movement on foot to secure the place
for the northwest, the argument be-
ing that New England ought to be
tiaE E,d NTH h a vim r ME- Rlailaa In