New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-03-10


r,oxs-N NOMINATIONS BY TIE PRESIDENT
Mr. coRMAN's FORTHCOMING SPEECH.
c..sh,nrton March 9.-The Johnson bill. per-
..,ino National banks 20 Issue circulation to the
~" value OF their bonds ordered to be favor
xiv reported by the House Banking and Currency
rommittce to-day by vote OF . 10 D. Inc Dill
Uniting the privileges OF officers Of Nationa banks
a. borrowing money from such INSTITUTIONS was ue-
feated by vote of 10 TO l..
u W abody cf Boston. to-day addressed the
.,o,se Committee on Banking and Currency regard
ing existing conditions Of the currency. First ne
you'd protect the redemption fund by complete
.,sration from the general Treasury cash and pro-
vide that the reissue OF notes redeemed with Goid
should be only In exchange for gold. He would have
cod certifica ;es discontinued when there were any
notes in the redemption fund tie would retire tne
treasury notes by a low-rate bond 10 De soid ioI
i.rsl-tcnGer money for the purpose OF enapIing
hanks TO replace the retired notes by issue OF Ma
onal bank notes according 10 the needs oil business
National banks should be relieved of tax on circua-
ton and allowed to issue notes up no he he phonh
would render the system safe ale sna
could be undert aiken at future time
rhs House Committee Pacific Railroads to-day
bod short executive session. at which II was de-
c,asd 10 hear President Huntington, OF the South
ern Pacific, on Wedhesca! next NO ''"ei O
was transacted.
The President to-day sent tho following nonina-
,ions 10 the Senate: r. Lopez Bans. appraiser OF
merchandise at Philadelphia; James W. Beck 10
10 United States Attorney. and James b. Reilly
United States Marshal for the Eastern District OF
Pennsylvania
r,pitei States Consuls-Clement ]. Dietrich. Of
MARYLAND at Nantes. France; Richard l.. Miller. of
Virginia at Hull. England; Ethelbert Watts OF
Pennsylvania at horsen s%5sa1na agent for the
indians at the Rosebud Agency, 5. D.
sautb p Dakota it'ua' John Lane of Washington
Sergeants Joseph Drips. 18th Cavalry and Miiiiam y
H,r man 7,h Infantry and Howard W. French si
Cavalry, TO be second lieutenanis.
President Cleveland resumed his tri-weeky after
noon receptions to-day. after an interval OF two
years. The reception began at p m. ana apou,
the President
The President has approved the act granting con-
demned cannon and cannon balls TO Grand Army
pest at Hope Valley. Il. L. the Woman's Relief
corps Of Taylorsville. ILL.,. and to the town OF
Newton. y. j.. and the Joint resolution TO a1tnor a
Lieutenant S. S Jordan, 9Th Artillery, ana captain
f. c. Cartel assistant surgeon, l. > a.. 10 arV b
medals from the British Government tqI ine'r hu-
name services TO the British snip Siratnoiahe
Assistant Secretary and Mrs McAdoo left Wash
ngton this morning for Brights Postofiice Pttsyl-
,.ania County Va in response to hasty summons
10 The bedside of Mrs. Tardy; the mother OF MIS-
McAdoo. who is dangerously III.
In reply TO Senate resolution. the Secretary OF
,ha Treasury to-day sent TO that body statement
containing a copy Of each obligation Issued ny 'he
Government since March a. 1879. with a reference
by title and date to the laws authorizing su'h
issues: also the amount OF each issue. the amount
outstanding properly .lassined. and including
Treasury notes of every kind bonds and ceItncates
TO-. currency silver and gold. II is found 'hat III
he case of United States notes the total amount
issued is S. 75s 265 OS0 Of which siis3J'y- rep
- orieinsI issue and Sc 800 y26 9Os the reissues from
time 10 time replace mut!lted notes luz
which were cancelled and destroyed oy me p .,
n,ent in pursuance Of law. The total amount OF
Tinted states notes authoTizea vas TO- nSed oniv
~ redenpton Of the temporary loan me hig hes 9
amount outstanding at any one time was f1''''''0
4 mistaken idea as 20 he nature of the speech
Senator German will make on his motion 70 recon-
s,de, N. bill that recently passed the Senate au-
,ho,,z,,g tn President. in case 1t becomes heoes
-, IA enlist the naval militia and charter ships
Nv ,ranspo,ts is abroad. Mr.. German said ms
morning that he did not intend TO DISCUSS in nonnec
lion with his motion. He placed ne oppositoh Si.
entirely different gI0qnd a. u ha isps and
Tfor under existing condons For that reason oniy
does he think the Senate should RECONSIDER IT'S az
lion and refuse pass the r!ll
Secretary aoke Smith has recovered from the at
tack OF the grip and resumed his duties at the IN
te:or Department
Senator Morgan, who has been conducting sucn d
rigid examination OF c. p Huntington In connection
with Central Pacific affairs to-day INTRODUCED res
nj which
which Mr. Morgan will address the senate al d
future time This resolution directs the Committee
ON Pacific Railroads TO report bill giving me ou-
p-eme Court Of the District OF Columbia JnTsuicuoh
in eases involving the question OF Government heiS
~, these bonded railroads II also directs them 10
oroytde for the refunding OF the debt OF both the
Union and Central Pacific OF per cent FOR thirty
vears giving the Government the right 10 settle the
same at the expiration Of ten years If It sees M Do,h
roads TO be turned over d board of nine Govern,
Inent directors the present directors 10 DC e)cctd
.ron, their Offices and 10 suffer penalty OF ne ana
imprisonment ON their failure to transfer TO such
Government board all the deeds. papers, contracts
etc that may be in their possession relative 10 the
road its construction and operation
These directors 10 have full authority 10 estao-
lsh rates and to operate the Union and the Central
Pacific as a continuous road; the stock is to be re-
duced 10 the actual value Of the property, and all
holders OF stock required 10 have their holdings
registered A declaration is also made that the
United States is in possession OF the property an!
that IL will operate the same through ls Doaio OF
directors until the debt is lifted.