Specle Payments and Debt Comparisons Across Administrations
The record outlines three years of Grant administration debt payoff totaling 296 million dollars versus Johnson’s earlier three-year period paying 519 million. It notes a higher annual reduction rate under Johnson and cites critiques by Boutwell, along with Dawes and Logan's historical expenditure comparison to 1860, detailing 1871 figures and war deductions.
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Senators Critique Bond Sale as Unauthorized and Faulty
A Senate Finance Committee member denounces a $3 million payout to underwriters of a new 5 percent loan, arguing the act limited expenses to 0.5 percent of bonds and that only $200 million of $1.2 billion authorized were negotiated. He deems the conversion costly, illegal, and harmful to national credit.
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Senate
Finance Committee
Assassination Attempt on King Amadeus in Madrid
Five assailants fired on the royal carriage as the King and Queen returned from the palace garden. One attacker was killed, two more captured, and Madrid crowds surged with shock yet remained loyal as judicial inquiry proceeds and the King plans a visit to Santander. The couple attended Te Deum and received officials while police prevented extractions from jail.
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Arbitration board proceedings in Geneva amid secrecy
English representatives avoid society as the Board of Arbitration meets in Geneva. Today's session ran from 1 to 4 pm with all members present. English and American counsel worked late on pleadings while discussions likely covered England's responsibility, which Lord Tenterden denies. The Court adjourned until Monday. Italian leaders praised Count Scropis for guiding the peaceful dispute resolution between Britain and America.
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Grenadier Band tours Liverpool after successful America run
The Grenadier Band returns from America in excellent health and grateful for the reception. In London, a grand operatic performance of Mozart's Marriage of Figaro at Her Majesty's Theatre drew a huge audience with Tittens Nilsson and Kellogg in the cast and special praise from the Dukes of Edinburgh and Cambridge for Miss Kellogg. In Parliament, W E Forster announced rinderpest on a vessel from Odessa and ordered excluding Russian cattle from British ports.
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Assault on King Amadeus Sparks Spanish Meeting
Reports say an attempted assassination of King Amadeus and Queen led Spanish leaders to plan an address praising the royal couple and denouncing the attackers. The Wimbledon rifle match saw a Quebec marksman win first prize and a Nova Scotia marksman second.
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