Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1893-08-18
IN GENERAL.

Washington is to have a centennial cele-
bration September II, the Tooth anniver-
sary of the laying of the cornerstone of
the national capitol by President Wash
ington.
The treasury department has ordered the
United States mint at Philadelphia to coin
1000, 600 in gold eagles and half eagles at
once The order is issued to relieve the
stringency in the money market.
The Hartford Courant editorialy advo-
Gates issuing bonds TO meet part, at least,
of the vast pension payments, now a hmm
dred and fifty millions year, thus shifting
the burden upon the future furnishing ba-
sis for currency for today.
Cashier Fred Grotenfeld, of the bank of
Shasta county, at Redding, Cal, is a de
faulter for more than 100000. He has
squardered his fathers estate, amounting
to $4,000, and has wasted many small es-
tates left in his charge. All his stealings
have gone in mining stock speculations.
Since January last the circulating me-
dunn has been increased about $50, 600, 900
by additional national bank note circula-
tion taken out. The amount of bonds on
| deposit to secure circulation is now about
S191 100000, against Sl6S, 0O0,0 900 on the
date first mentioned.
The French Canadian operatives and
their families have been flocking back to
Canada in great numbers ever since the
hard times began in the manufacturing
cities of Massachusetts and New Hamp-
shire. 1t is said that 1900 people have
gone back from Manchester alone since the
Amoskeag mills shut down.
| Hon. L. j. Phelps, ex-minister to Eng
land and one of the counsel of the United
States in the Boring sea arbitration at
Paris, arrived in New York Saturday. Mr..
Phelps said he did not care to prognosti-
cate about the result of the BeIing sea
case, but that he looked for an early decis-
ion. Naturally we feel confident that
the verdict will not be against the United
| States" he said. ''From the nature of
the case, however, the result may par
take of the character of a compromise"
Charles B. MOnltOn of Maine has been
appointed fourth auditor of the treasury.
The man appointed to this high office in
the treasury department by President Cleve-
land, is the man who was charged with de-
facing the tombstone in the Augusta grave
yard of Blaine's eldest child by chipping
off the date of birth and death. The OBJ
! JeCJ was 10 cast uOuDL on Jlle leglllmacy
of the child during Mr.. Blaine's candida
cy for president. The SANDER failed of eff
feet, partly because of Mr.. Blaines long,
happy and spotless married life and partly
because some chivalrous Democrats, led by
Henry Watterson, denounced the slanderer.
1t is said that Secretary Herbert will
urge upon Congress the necessity of the
construction Of more ships for the navy
He will be conservative in his estimates,
but he still believes that we are some dis,
lance from the point where we can afford
to stop the work of ship construction. lie
has estimated that S11,0O0,OO0 will be re
quired to complete the ~ vessels built and
building for the new navy. AS this amount
will be distributed over the coming tire,
years, he can advocate the addition of Z
ship or two each year during the admins
tration without adding materially to tn,
annual appropriation for ship construction
He is on record as advocating feet of a
least 10 battle ships.