Democratic Sentinel, Volume 8, Number 50, Rensselaer, Jasper County, 9 January 1885 — WASHINGTON. [ARTICLE]
WASHINGTON.
Representative Bland says that no bill restricting the coinage of silver can pass the House. Senator Vest, who introduced the reso'utidn ordering an investigation into the leases of Indian lands, says the leases wore proCiired throiißh bril ery and fraud. Reports made to the Bureau of Agriculture at Washington place the total oojton production of ti e United States for the year at 5,580,000 bales. The feeding of antagonism between the two houses of Congress is growing more and more bitter. Representatives unite in condemning the efforts of the Senate to usurp the prerogatives of the House, and Senators are stubborn in maintaining what they consider their rights. The discussion over the naval and interstate commerce bills has intensified this feeling.
In reply to the statement of Assistant Secretary Josiyn of the Interior Department that it would be better if the Indians on„the reservations should lease all their lands to cattlemen, in order that they might have an opportunity to learn how to herd cattle for themselves, Col. Boudinot of the Cherokee Nation says that the Indians learn nothing about cattle-herding from the white men who have leased 6,501,080 acres of,lndian lands at less than two cents an acre. Indians do not make good herders, and cowboys are always employed.
There was an increase of $641,384 in the public debt during the month of December. The decrease since June 30, 1884, has been $31,501,864. Following is the official national debt statement issued from the Treasury on the Ist Inst.: Bonds outstandingFour one-half per cents $250,000,000 Four per cents ‘ 734.696,950 Three per cents 194,190,500 Refunding certificates 260,00) Navy pension fund 14,000,000 Total Interest-bearing debt 51,196,147,450 Matured debt $6,993,925 Debt bearing no interest— Legal-tender notes 846,739.256 Certificates of deposit 24,920,000 Gold and silver certificates 257,799,441 Fractional currency 6,971.343 Total without interest $636,430,040 Total debt 1,839,571,415 Total interest 11,452,132 Cash in Treasury 432.475J76 Debt, less cash in Treasury. 1,418,548,371 Increase during December 641,384 Decrease since June 30, 1884 31,501,864 Current liabilitiesinterest due and unpaid $1,688,824 Debt on which interest has ceased.. 6,993.925 Interest thereon 261,055 Gold and silver certificates... 257,799,441 United States notes held for redemption of certificate of deposit 24,920,000 Cash balance available 140,811,929 Total $432,475,176 Available assets— Cash in Treasury $482,475,176 Bonds issued to Pacific Railway Companies, interest payable by United States— Principal outstanding $64,623,512 Interest accrued, not yet paid. 1,938,705 Interest paid by United States 63,099,504 Interest repaid by companies— By transportation service $19,017,341 By cash payments, 5 per cent, net earnings 655,198 Balance of interest paid by United States 43.426,963 Last month the United States mints coined $4,849,958, of which $2,381,165 was standard dollars.
