The death of Gen. Jeff ThompRon leaves a
va'anc in the office of State Engineer
which should he filled by a citizen of indus
try, energy and good qua:lificatioals and edcu
cation. Sulch a man is ('Coloncl Owen Mc
Leran of llHalnville. His appoitu,.nt would
give general satisfact ion.-&t Charles Herald.
We second the motion. " Colonel
Mack " is truly "a citizen of iudustry,
energy and good qualifications and
education," and overy inch an engi
neer. He would fill the position ad
mirably, and we hope Governor Kel
logg will make out his commission
without unnecessary delay. In going
further for a State Engineer the Gov
ernor is liable to fare worse, while the
selection of Colonel McLeran will re
tilect credit upon the government and
fournish an officer eminently capable,
honest, and untiring in the discharge
of duty.
The Secretary of the Treasury has
concluded a contract with leading
American and foreign capitalists for
the sale of $300,000,000 of four and a
half per cent. bonds, due in 1891.
These bonds till be issued under the
funding act of 1870-71. The capital
ists will take $40,000,000 at par and
interest immediately, and nd against this
negotiation the Secretary will soon
issue calls for the redemption of $20,
000,000 of five twenties. Messrs. N.
M. Rothschild & Sons, J. Seligman
& Co., Morton, Bliss & Co. and Drex
el, Morgan & Co. are represented in
the combination purchasing the new
bonds.
