Greene County herald. (Leakesville, Miss.) 1898-current, 1903-08-14
LEAKEsvIlLE, GREENE COUNTY MISS FRIDAY AUGUST a.
FRESH FROM THE
NATIONS CAPITAL.
Senator MiIlard Expresses Views on The
Currency Legislation
INTERNAL COMMERCE REPORT.

llNlENlSAL NVHiTlENSE nLI UNI.
Department of Commerce and Labor
Report States That Shrinkage In Spec
ulation Values Does Not Affect Com
mercial Activity.
Lieutenant General Young has been
issued an order assuming command of
the army of the United States. Pre-
viously General Young took the oath
of Office at the war department. All
of the army officers here paid their re-
spects to General Miles, the retiring
head Of the army. Several other or
ders resulting from the retirement OF
General Miles have been issued, one
assigning Lieutenant General Young
to the command of the army until
August Is. when he will assume the
dnties of chief of staff; another assign
ing Major General Oorbin as president
of the Soldiers Home board; another
Brigadier General Gillespie as presi-
dent of the board of ordinance and
Notifications, and still another assign
ing Lieutenant General Young as a
member of the Sherman statue COM
mission.
Senators Millard, of Nebraska, aad
Hepburn, of Idaho, were the guests of
the president at luncheon at Oyster
Bay few days ago. To them Presi
dent Roosevelt stated his desire re-
specting financial legislation at the ap-
prosching session of congress. Senator
Millard agreed with the president as
to the desirability of more elastic
system of currency than the present
one, but he was quite positive that
the government itself ought to be be-
hind every dollar Of currency issued,
SO that no question of its value ever
would be raised. He expressed the
belief that government bonds in suffi-
cient quantities now were outstanding
to afford basis for currency issues.
He said. he would favor the fright kind
of measure" looking to the greater
elasticity of the currency, but he was
sure some of the measures recently
proposed would not be acceptable to
the country.
Rear Admiral George W. Melville,
who was retired for age last June has
relinquished his duties as chief of the
bureau of steam engineering and was
succeeded by Rear Admiral Charles
Rae. Because of conspicuous services
as engineer-in-chief. Secretary Moody
requested Rear Admiral Melville to
serve out his term OF duty as chief of
bureau. It SO happened that the last
paper which Rear Admiral Melville
signed as engineer-in-chief WIS a ten
tative plan for the arrangement OF the
turbine engines in the proposed scout
ships. Admiral Melville has been at
work on the turbine project for sew
eral years.
Internal commerce conditions in the
United States, as reported by the De-
partment of Commerce and Labor
through its statistics, show that the
first half of the current year compares
favorably With the corresponding Pc
riod of 1902 or 1901. With few ex-
ceptions. the volume of trade thus far
this year equaled, if not exceeded, that
of last year, though occasionally fall
ing below the high level of 1901.
There is no evi lence of general re-
cession in commercial activities COR
responding 10 the extraordinary
shrinkage in speculative values.
Sycamore Hill, President Roose-
velt's country home, was the scene of
an interesting ceremony. Baron Sueck
Won Sternberg, who has BET n minister
plenipotentiary OF Germany to the
United States since Ambassador Won
Holleben returned to Europe. and
who recently, on the retirement of Mr..
von Holleben, was elevated to the
rank of ambassador, presented to the
president his credentials as ambassa-
dor aud was received formally in his
new diplomatic rank by President
Roosevelt.
General Robert Shaw Oliver of Al
bany, N. Y, who succeeds Colonel
William Carey Sanger as assistant
secretary of war, has arrived here and
spent some time in conference With
Secretary Root and other officers in
regard to his new duties.
Thirty-fve Of the 24O artillerymen,
ordered out two weeks ago on a march
Of $50 miles to Camp Douglas. Wis.,,
have deserted according to reports
received from Fort Sheridan.
The State Department has been in
formed by Counsel General Gudoer.