The Taney County republican. (Forsyth, Mo.) 1895-1992, 1900-12-06
Washington Letter.
(From our own correspondent.)

About the only changes in the ''ad-
ministratioli" of the next House of
Representatives, consequent on the
election. will be in the reduction of
the places allotted to the Democrats
on he big committees, where they
must give way to Republicans. In
the present Esouse the number allot-
ed to them was increased owing to
their increased membership and now
that this is fallen off, the quota will
| go back practically to the old basis.
| will probably remain unchanged. 1t
would be unusual for either party III
the House TO refuse reelection to
speaker. Blaine, Randall, Carlisle,
| Crisp, and Reed, in more recent
times, are examples of the tendency
TO allow second or third term as
presiding officer. iftbere is ably seri
Gus Intention of contesting for hon
ors with Speaker Henderson, it has
|
signs fail Or there be unexpected de-
velopments, the position will be con-
ceded him by reason of his first cleo
ton. The states TO which the clerk,
door-keeper, ergeant-at-arms, and
postmaster are accredited have either
returned solid delegations or increas-
ed their Republican representation
and accordingly there will be little
| ground to urge changes in those
! places, if the present iucubeuts want
another term. There is very large
patronage OF minor offices under the
House, which always change more or
less from congress TO congress, &C
| cordlng as an employs "infinence"
| fails ilini or his member is not reflect
ed. such changes are TO some extent
ever Ill progress, even during Il scs
sion of congress. The states Of the
west and New York, PenusY Ylvania,
Maryland, and Ohio are likely 70 de-
mand more OF the small places for
henchmcn because oftheir larger rep
resentation, but those are matters of
comparatively small importance.
| Secretary Gage has Issued notice of
his Intention TO rescind the 'refund-
ing circular" issued last March, on
December 81. 1t is under the provi-
sion of this circular that the old high
interest bonds have been exchanged
for two percent gold bonds Plus a
cash premium. Under the operations
of the circular the treasury has re-
ceived about S,355, ,S52 800 of bonds in
cx change for per cents, thus saving
Il handsome sum III interest for the
government. Up to October 81 the
2 per cents, issued in exchange for
other loans aggregated $s345, $50, $50.
Since that time, as the figures show,
only about SO, 100000 additional has
been exchanged. 1t is now believed
that the fixing of the date TO close re-
funding operations viii hasten ex-
changes. Treasury officials believe
that before the close of December 81
the total exchange will foot up over
81 100000, nearly half of the various
loans subject to refund when the
original circular was issued On Oct.
81 there were out standing OF the
bonds invited TO exchange the follow
ing: Loan of 1909-l91S, $120,596, ,Ol0;
loan of 1907, S326.5l6,60O; loan OF
1904, $50. .506.55O. 1t had been ex-
pected that the notice Of cessation
would be early in this month, but the
Cabinet decided to delay action pcnd-
ing a more definite idea of the extent
the war taxes would be reduced. and
also until the effect of the news that
refunding would soon cease could
be guaged. every bond-holder has to
be given the opportunity to avail
himself of the Tefunding priveledge
in good faith and not merely to specu-
late,
The Republicans intend TO keep
their pledge to reduce or abolish the
war taxes that are SO great a nuisance
,