File No. 838.00/—.
The American Minister to the Secretary of State.
President Leconte was inaugurated on the 15th without incident and the following cabinet was announced: Minister for foreign affairs, Leger; finance and commerce, Lespinasse; public works and agriculture, John Laroche; justice and public instruction, Guilbaud; war and navy, Limage. The Government has advertised for subscriptions to a loan for one and a half million paper, with a guarantee of two-fifths of 25 per cent gold surtax, payable through the national bank, interest at 6 per cent, reimbursement at premium, 250; that is 100 less than the rate this date.