Rensselaer Republican, Volume 17, Number 18, Rensselaer, Jasper County, 8 January 1885 — WASHINGTON. [ARTICLE]
WASHINGTON.
Congressman Bland, Chairman of toe Committee on Coinage, Weights, and Measures, says he will oppose toe Buckner bill stopping toe coinage of silver dollars, and will favor a measure providing for free and unlimited coinage of both silver and gold. There was an increase of $641,384 in the public debt during toe month of December. The decrease since June 30,1884, has been $31,501,864. Following is toe official national debt statement issued from toe Treasury on the Ist inst.: Bonds outstanding— Four one-halt per cents $250,000,000 Four per cents. V3i.G96.950 Three per cents 194,190,500 Refunding certificates. 260, 000 Navy pension fund. 14,000,000 Total interest-bearing debt. $1,196,147,450 Matured debt $6,993,925 Debt bearing no Interest— Legal-tender notes. 316,739.256 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. 432,475,176 Debt, less cash in Treasury 1,418,548,371 Increase during December...-. 641,384 Decrease since June 30, 1884 31,501,864 Current UabtUtisi— Interest 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 $432,475,176 Bonds issued to Pacific Railway uStSdsSi^ tpayableby Principal outstanding. $64,623,512 Interest accrued. not yet paid. 1,938,705 Interest paid by United States. 63,099,604 Interest repaid by companies— By transportation service, $19,017,341 By cash payments, 6 per cent net earnings. 455,193 Balance at interest paid by United States. 43.426.963 Congressman Buckneb says that he has no hope of toe success of his bill stopping toe coinage of toe silver dollar. Mr. Buckner declares himself a steadfast friend of silver, but thinks that if the United States will cease for awhile its efforts to make silver money go, the financial necessities of other nations trill compel them to join in establishing a bimetallic standard. The financial question, Mr. Buckner thinks, will be toe great problem of toe next administration ... .W. H. Smyth, an army paymaster, who recently disappeared from Savannah with $5,500 of Government funds, made his appearance in Washington toe other day and paid np the deficiency, explaining that he was on a spree Christinas and became lost” to all consciousness until he found himself in New York... .A revision of the records of desertions from toe regular army of toe United States shows that 100,000 desertions have occurred during the last seventy years. No agreement has been reached by the conference committee appointed to reconcile the difference between the two houses of Congress concerning toe electoral-count bill, and it is not expected that any satisfactory conclusion will be arrived at. Representative Eaton, a member of toe confefence committee, says that he will never consent to the bill which was approved by toe Senate. It makes toelSenate toe arbiter of every'disputed point, Mr. Eaton declares, and if it should become a law toe result of toe recent Presidential election could be annulled by toe upper house .... A Republican of prominence at Washington has given vent to toe opinion that a war is brewing between France and Germany and toe United States, growing out of Franco’s colonization mania, *nd Germany’s indemnity greed... .In view if toe difficulties which beset toe land-grant forfeiture bills. Mr. Payson, of Illinois, intends to move the passage of a measure to restore all “indemnity lands” to toe public domain. This will throw open to settlement 100,000,000 acres.
