Democratic Sentinel, Volume 9, Number 7, Rensselaer, Jasper County, 13 March 1885 — WASHINGTON. [ARTICLE]

WASHINGTON.

The decrease in the public debt during February was (3,204,975. The interestbearing portion of the debt is now (1,196,149,050. Deducting the cash in the Treasury, The United States owes (2,405,923,350. Following is the official statement issued from the Treasury: Bonds outstanding— Four one-half per cents 8250.000,000 Four per cents 737.707.200 Three per cents 194,190,500 Refunding certificates 251,350 Navy pension fund 14,000,000 Total interest-bearing debt 81.196,149,050 Matured debt $5,401,395 Debt bearing no interest— Legal-tender notes. 846,739.116 Certificates of deposit 30,580,000 Gold and silver certificates 294,530,051 Fractional currency 6.968,306 Total without interest $678,817,473 Total debt 1,880,367,918 Total interest 10,021,988 Cash in Treasury 448,466,557 Debt, lees cash in Treasury. 1,405,923,350 Decrease during February 3,204,975 Decrease since June 30, 1884 44,125,885 Current liabilitiesinterest due and unpaid 81,483,140 Debt on which interest has ceased.. 5,401,395 Interest thereon 246,918 Gold and silver certificates 294 530'051 United States notes held for redemption of certificate of deposit 30,580,000 Cash balance available .152,225,052 Tot® l 8484,466,557 Available assets— Cash in Treasury 8484,460.557 Bonds Issued to Pacific Railway Companies, Interest payable by United States— Principal outstanding. 864,623,512 Interest accrued, not yet paid. 616,235 Interest paid by United States 65.038,209 Interest repaid by companies— By transportation service. 819,043 657 By cash payments, 5 per cent, net ’ earnings 655,198 Balance of interest paid by United States 45.339.353 The first official act of President Cleveland was the nomination of his Cabinet; his second, to affix his signature to the commission of U. S. Grant as an officer on the retired list of the army with the rank of General.

The resolution introduced in the Senate by Mr. Van Wyck, calling upon the Secretary of the Interior for information touching the issuance of land patents to the New Orleans, Baton Rouge and Vicksburg Railroad, is likely to lead to a lively debate, says a Washington correspondent. It Is alleged that, in order to issue these patents to about 700,000 acres of public land, Secretary Teller caused extraordinary labor to* be performed by the clerical force of the Interior Department, and that work was carried on day and night to complete the papers prior to the retirement of Mr. Teller from the Department. Miss Cleveland held her first reception at the White House in Washington on Saturday, March 7. She was assisted by her sisters. Mrs. Hoyt and Mrs. Bacon, and her sister-in-law, Mrs. Cleveland. Over 1,000 visitors were received. “The latter were waiting outside of the house long before 3 o’clock, the hour for the reception to begin, and a system having to be employed in disposing of the crowds and delegations of these three days the policeman and ushers formed the visitors In a long line. Each arrival had to take his place at the end of the queue, and democratic principles and equality were carried out in this way. Those who drove in under the portico with a flourish had to take their places at the end of the procession with the commoners who came on foot. The new President has reduced handshaking and delegation encounters to a science, and when the crowd In the mansion gets too great to be managed he comes down, shakes five hundred hands in half an hour, and dispersed the multitude more quickly than the policeman and doorkeepers can when put together. For his convenience in discharging this duty canvas has been laid over the carpet of the broad inside corridor leading to the middle door of the east room, and over the half of that foom that the crowds occupy in their brief passage to the temporary exit built from a hall window to the outside walk.’’