Democratic Sentinel, Volume 12, Number 16, Rensselaer, Jasper County, 11 May 1888 — THE NATIONAL CAPITAL. [ARTICLE]

THE NATIONAL CAPITAL.

The Senate has passed the following pub-Jic-building bills: Sterling, 111. (Senate bill, $50,000), Fort Dodge, lowa (Senate bill, SIOJ,000), Duluth, Minn. (House bill, $150,000),

Atchison, Kan. (Senate Dill, $100,000). The House bill for * postoffice building at Indianapolis was also passed, with an amendment increasing the appropriation from $125,000 to $150,000. Following is the public debt statement issued by the United States Treasurer on the Ist inst: interest-bearing debt. Bonds at 4Uj per cent {228,054,600 Bonds at 4 per cent 731,380,350 Refunding certificates at 4 per cent 141,300 Navy pension fund at 3 per cent... 14,000,000 Pacific railroad bonds at 6 per cent 64,623,512 Principa151,038,199,762 Interest 7,065,343 T0ta1.51,045,765,105 DEBT ON WHICH INTEREST HAS CEASED SINCE MATURITY. Principal $2,675,155 Interest.. 170,874 Total $',846,029 DEBT BEARING NO INTEREST. Old demand and legal-tender notes $346,737,956 Certificates of deposit 10,555,000 Gold certificates 99,561,293 Silver certificates 194,426,932 Fractional currency (less $8,375,934, estimated as lost or destroyed)... 6,941,061 Principal $658,222,242 TOTAL DEBT. Principa151,699,097,159 Interest 7,736,217 T0ta151,706,833,376 Less cash items available for reduction of debts 314,955,552 Less reserve held for redemption of United States notes 100,000,000 S 414,955.552 Total debt loss available cash item 551,291,877,334 Net cash in the Treasury 110,244,969 Debt less cash in Treasury May 1, 189851,181,632,855 Debt less cash in Treasury April 1, 1888 1,190,868,155 Decrease during the month....s 9,235,300 Decrease since June 3, 1887 97,795,881 CASH IN TREASURY AVAILABLE FOR REDUCTION OF PUBLIC DEBT. Gold held for gold certificates actually outstanding $99,561,293 Silver held for silver certificates.. 194,426,932 U. S. notes held for certificates of deposit 10,555,000 Cash held for matured debt and interest unpaid 10,411,373 Fractional currency 954 Total available for reduction of debt $314,955,552 RESERVE FUND. Held for redemption of U. 8. notes, acts Jan. 14, 1875, and July 12, 1882 100,000,000 Unavailable for reduction of debt— Fractional silver coin 25.750,228 Minor coin 148,160 Total 25,898,388 Certificates held as cash 39,269,609 Net cash balance on hand 110,244,969 Total cash in treasury as shown by Treasurer’s general account...’. $599,368,518 President Cleveland sent to the Senate on Monday, the 33th ult., the name of Melville W. Fuller, of Illinois, to be Chief Justice of the United Slates Supreme' Court. A Washington special to the Chicago Inter Ocean says; When the nomination reached the Senate, by a singular coincidence. Minister Phelps and Senator Gray were sitting together on one of the sofas. The nomination was immediately made the subject of generM whispered conversation, and as far as could be ascertained., the comment was entirely favorable to the selection from every standpoint, Mr. Fuller’s qualifications and fitness being recognized on the Republican side of the chamber, while the political wisdom erf the appointment is conceded by the Democrats who opposed the selection of Minister Phelps. Mr. Puller did not seek the office of Chief Justice or any other office from Mr. Cleveland, but he has been tendered at different times the positions of Solicitor General of the United States, member of the Civil Service Commission, and a member of the Commission of Pacific Railways, all of which he declined. It is understood that he will accept the position of Chief Justice if eon-, firmed. Mr. Fuller is a native of Maine, and ia 55 years old.