Rensselaer Republican, Volume 17, Number 24, Rensselaer, Jasper County, 19 February 1885 — WASHINGTON. [ARTICLE]
WASHINGTON.
Now that both are dead, it is claimed at the Postoffice Department that Mailing Clerk Davis, of St. Joseph, Missouri, constructed the first mail-car in 1862, and that Col. George B. Armstrong secured an appropriation and developed the system in all directions. The legislative appropriation bill provides for the appointment of five Commissioners to consider a system of Indian education and to determine the best means of utilizing the Yellowstone Park. Following is the official monthly public debt statement: Bonds outstanding— Four one-half per cents $250,000,000 Four per cents 737.70i.350 Three per cents '. 194,190,500 Refunding certificates. 253,000 Navy pension fund. . 14,000,000 Total interest-bearing debt. $1,190,148,850 Matured debt.. $5,935,945 Debt bearing no interest— Legal-tender notes. 346,739,181 Certificates of deposit. 30,130,000 Gold and silver certificates 275,476,231 Fractional currency. *. 6,969,008 Total without interest $659,314,420 Total debt 1,861,419,215 Total interest ... 8,050.913 Casta in Treasury 460,341,803 Debt, less cash in Treasury. 1,409,128,325 Decrease during January 9,420,046 Decrease since June 30, 1884 40,921,910 Current liabilitiesinterest due and unpaid $1,966,923 Debt on which interest has ceased.. 5,955,945 Interest thereon. ;..... 253,469 Gold and silver certificates.. 275,476,231 United States notes held for redemption of certificate of deposit 30,130,000 Cash balance available 146,559,233 Total $460,341,803 Available assets— Cash in Treasury $460,341,803 Bonds issued to Pacific Railway Companies, interest payable by United States— Principal outstanding. $64,623,512 Interest accrued, not yet paid. 323,117 Interest paid by United States 65.038,209 Interest repaid by companies— By transportation service. $19,039,899 By cash payments, 5 per cent, net earnings 655,198 Balance of interest paid by United States 45,343.111 A committee cf exhibitors has been sent to Washington by the managers of the New Orleans Exposition to appeal to Congress for $500,000 in to the $1,000,000 already given. A Louisiana Congressman says that before any more money is granted thftre will be a thorough investigation of the' manner in which the $1,000,000 was spent. The Executive Committee of the Board of United States Commissioners of the New Orleans Exposition presented a memorial to President Arthur asking for an additional appropriation of $500,000.
