Evening Star Newspaper, December 8, 1868, Page 1

THE EVENING STAR | PUBLISHED DAILY, Sunday Excepted, \ At the Star Ballding, , §.W. Corner Pennsylvania Av.and Lith Street, ! ‘BY THE EVENING STAR NEWSPAPER COMPANY. The STAK i served by the carriers to their Bbecribers in the City and at Tex Osrts Pea weee. Co; at the counter, with oF without wray ‘Wo Cxwrs each, | Paice oR ‘Three months, One Doilar and Coa Re ge Six months, Taree Dol- tars; one year, Five Dollars. No papers are. sen! from the office lon than paid for. j The WEEKLY STAR published on Friday | Worning—One Dollar and a Halfa Year. —OOF° SS DR. ABORN, AUBAL &ND OPHTHALMIC AND DISEASES OF THE RESPIRATORY ORGANS. OFFICE, No. 245 F STREET, BETWEEN tru ax» 141 STREETS, OPPOSITE THE EBEITT HOUSE, WASHINGTON, WHEBE HE CAN BE CONSULTED @ CATARRH, DEAFNESS, AND ALL DISEASES OF THE EY EAR, HEAD, THROAT AND LUNGS, An the treatment of which he has introduced many new and important Remedies and Modes of Appli- eations, with the most successful results, as the Wary thousands of testimonials in his possession Will prove. B7Hits medical Book sent by mail cn receipt of £0 cenis. e BF Office Livnrs.9 a. m. to7 p.m | TESTIMONIAL OF HON. JOHN COVODE, | BOMBER OF OUNGEESS. } } Wa-urxetox, D. C., June 12 1533 For more than a year I suffered inconvenience from & constant sounding im my left ear. On the | sist of May I applied fr relief to F orn. relieved me at on’ @. and from tmat day to this i have bad nlty cf any kind with my bear. ing. Truly, JOHN COVODE. CATARRE CURED. | been regularly assigned to C | | | the vatue of ' WASHINGTON, D. C., TUESDAY, DECEMBER 8, 1868. N°. 4,914. EVENING STAR. Washington News and Gossip, RESIGNATION OF ComMisstoNER ROLLINS.— Mr. Rollins,Commissiouer of tuternal Reve- Lue, Raving failed to be relieved from his oifi- cial position through bis resignation tendered in June Inst, to take effect upou the contirma- tion by the Senate of his successor, will this Week send tothe President his resignation to take effect om the 31st inst, unless his successor sha!l be sooner confirmed. This action oa the part of Mr. Rollins wil pecessitate A new appointment by the Pre: ent, as, by the rules of the Senate, the nomi- pation of Mr. Cummings, sent in at the las session is tegarded as having fallen to the round, and consequently no name is now be- fore that body. The lists being thus reopened for candidates to the position of Commissioner we look tor large accessions to the arrivals at the several Washington hotels for the coming week er two. Tee COLORED MEMBER from Louisiana, Meuard, was upon the floor of the House yes. terday afternoon, attracting, for a time, more obser vation than any other person present. He did not take a regular seat upon the floor, bat remained upon & sofa, listening quietly to the proceedings. Upen the same sofa sat Chief Justice Chase and Moses, of South Carolina, who is here to get his disability removed by Congress. Hiefore Menard can have bis case determined on it will become necessary for the House tu determine whether the late Mir. Maun was en- titled to Bis seat. It will be recollected that Mr. Mann was at the time of his decease the sitting member from his district, but his seat was contested, and the question was und mined, and is yet before the Committee gn Elec. Nous. Should the House decide that Mr- Mann’s contestamt was entitled to the seat, Menard would not be received, as he waselect_ ed to fill Mann's unexpired term. Tux PRESIDENT will not probably seni to the Senate any nominations bofore Thursday or Friday. Among the nominations expected are a Commissioner of Internal Revenue to suc- ceed Mr. Rollins, whose conditional resignation is yet before the Executive; a Brigadier Gen- eral to succeed General Hooker; Comm| to codify the laws, to fill a vacancy occasioned by the resignation of Mr. Cusbinc; an Assistant Secretary ef the Tressury, to fill vacancy caused by resignation of Mr. Caandler; ‘Minis. | ter to Ecuador to fill the vacancy occasioaed by the death of Mr. Coggstall; a Governor, Secretary, &c., for the new Territory of Wyo. ming; probably a Naval Officer for New York nd a Collector of Internal Revenue at New Orleans, vice Steadman, resigned. AN EPPORT will be made to have a law ensc- ted exempting Virginia, Texas and Mississippi frem the provisions of the law discontinuing toe treedmen’s bureau after January lst, the cbyect being to continuing its operation in the Sanes named until Congress shall deem them fit subjects for reconstruction. Mr. Stev: OL SEAT in the House has en. Butler, Th latter occur it by suiferauce all of Inst fession, for Mr. Stevens always occupied a seat near the ker’s desk, but itis said that M evens on his death bed requested that Mr Butivr might retam the seat, and his wishes " | have keen respected. Director LinperMan, of the mint, rather endorses the opinion of the British Commis:io to the, French Interaational Cuinaze Uoagre which did not recommend that n gold coin of 5 iraucs chonld be substitu'ea for the soverign. FOREFATHER’S Day.—Gentlemen ety who intend to participate in celebrating. ng of the .2d instant, the Lands in thi TESTIMONIAL FROM HON. W. C. BEEBE. of Pleasaotvitle, Pa. late Member of ths Bonse of Bepresentatiy Dx. Apoxx—Dear Sir: Some five years ag> my ton Willie commenced showing symptoms of (4 tarrh of the Head, which continued to grow worse | until bis system was so sbilttated as to precinde sn active er >)ment of the sportsof childhoodor reuit of any system of stuly, attendance nd at times he was entirely prostrated with lingering fever—sometines for weeks to- sether—with ® constant manifestation of the symptoms of disease, Sach a3 @ constant backing, nestril discharges, & . irritation of the throat, c ,cansing nagsa All ths usaal appli sucrs and treatment of physicians. &c , bad failed te svord relief, until you wore applied to, last winter, when he began to fmprove immotfately af ter our treatment, and continued t improve until sow he en_ yea good state of health, and is able to participate in the active sports of cbilchood with re as well as pursue hi tudies withcut interruption. I have omitted to make this statement heretofore, ag 1 wished to be satisfied that the relief was permanent. Yours trtly, Pleasantville, Pa., Oct Hon. Ars Fautkner, a member of the General As- sembly. whose word can be implicitly relied on, fare tebes the following testimonial to the skill aad Rnowledge of Dr. Aborn in his treatment of an ob- stinate cose of disease of the . TO THE SUFFERING I have been suffering with chronic sore eyes for fifteen months. My sttention was called to Dr. Aborn’s rtlsement inthe papers of the day. Leailed open him, and have been under bis treat- ment a few da ebout ten,) and Ihave found sreat relief, indeed. I feel nearly well, and would adyere all who are suffering with disease of the ese to call om him, believing they will find re. bef. ASA FAULKNES. TEE NEW THEORY FoR DISEASES OF THE AIR-PASSAGES. A WORD FROM AN OLD sonooL PHYSICIAN AS TO ITS MERITS. CATARRY AND TUBERCULOSIS. TESTIMONY FROM PR. FALCONER. Law eexck vice, November 5, 2° Le. Asers—Dear Dr:—I am now almont well of the terrible attack of Catarrk and Tuberculosis which Thad when I spplicd to you for advice. 1 ave sivsye disliked glvertisiag very mach, snd petit was your advertisement that got me fore patient 1 am convicerd by careful study of the new sys- tem of stoemization, thet if well carried out, we gxin a thoussnd years’ march upon Catarrh and Disease of the Lungs. £0 please to count me fn as ap enthustasti¢ dfeciple of the new system, and am admirer of the simple, straightforward means by which we now resch disea.e of the Lungs and rounding theme. Ber more than forty Aes years Ihave been ased @ the Allopathic practice, for twelve years lo- ented in Lawrenceville, and favorably recefved, and honored with bustuess by the citizens. Yours, respectfully, A. FALOONER, M. D. e720 of the Pilgrims, are requested to assemble a St. Janes Hotel (formerly Bunker’) on Thurs. | day evening next Hox. E. B. Wasnnursg, who is to sneceod Mr. Sevens as chairman of the Committee on Appropriations, declares that he intends to cu; | down the estima: of the Secretaries before | presenting the appropriation bills, aud then to oppose all additions and to “push thin, M gratuls PEA AX is to receive a cou- ory Visit from the citizens of Indiana siden? here this evening, and it is expected thit be, with Mrs. Colfax, will attend the “Indians | Sociable” to morrow evening. Provessor Pikece will appropriation ot £615,00 {| darmg fiseal year "+ ation for the present fiscal year is 5350, NERAL GRANT is expected to om Thursday. He attends we ree to be helt in Chicago on th ith instants, leaving this city on stant. SENATE Carers.—A cau hean mem of the Sen: | zor the pury arranging the and the business before that body. THEI NpraN Bursar —The House. thi noon, passed the bill transferring the 1 Burean to the War De ent, by ay 109 i> from this source were S19-, Ispran Treaty.—A tr: concluded with the delegates tribes representing the Six Nation. cede to the General Goverr ed by them in Kansas. The Goverument A consideration, ty pay the sum of $2) and #very persou entitled to partici- the beneficial provisions of the treaty pnary 13, 194, (about four thousand tn umber) the sum to be invested in t St uds, to be held im trast by FV of the Luterior, the interest tik tid Aunually to the members of the several tribes, —_-+ee-___ Evrorran News by CaBe — European ad- vices of yesterday brimg us intellizeuce of the foundering ateea, on the Irish coast of the s'eamer Hibernia, from Glasgow tos New York. The Captain and +ighty-one passengers are re- ported as saved, and one hoay with thirty-three persous on board was lost.” The London pa- sot yesterday continue their speculations concernihg the probable members of Mr. Giad- stene’s Cabinet. The Times asserts that Earl Kuseell will pot accept office. A Madnit de- spateh alleges that the Republicans of that city are continuing their demonstrations, threateu- ing the public peace, and tuat troops bave been called out. | ConvEreNce oF COLORED KisHors.—A con- { terenee,of ail the bicbops of the A. M. E. Church will take piace im Philadelp +arly part of next wees, t ‘onary bosrd of said enurch, for the purpose cfmore thoroughly orgauwing the missionary work of the church. Kishoos (Quinn, Payn™, ©ampbdell, Wayman, Brown and Shorter will be present in person, and perhaps Bishops Ward, of California, amd Nezrey, of Cana, by Proxy. ‘Ene missionary board, in sadistic the bench of bishops, 18 com, he ablest ministers in the A. THE Case oF ComMonoRE Meape.—in the crse ot Commodore Meade, who 1s aileced to be illegally restrained on the pretended groand of insanity, affidavits were filled by B. F, BKocheand Mrs. Commodore Meads, in New York yesterday declaring that it ts thatr belief that the Commodore is insane. Affidavits were also filed to the effect that be presents 20 ap- pearance of neanity. The case has been post- poned for one week. S87 North Carolina ts mining mica. SF Already & man bas been frozen to death in Canada. &# Shooting buffaloes from ear windows is @ fayorite sport on the Union Pacific, REPORT SECRETARY OF THE TREASURY. This important and eagerly looked for docu- ment is an elaborate affair this year, covering | | | { some fifty-one pampiulet pages. Secretary McCulloch takes occasion to re- state the views heretofore expressed by him in regard to the currency, the revenue, and the public debt. The S-cretary still adheres to the opinion so frequently expressed by him, that a red. of the paper circulation of the country uutil it appreciated to the 5: sndard Was the trus | solution of our financial problem. Bu’ as this policy Was emphatically condemned by Con- gress, nnd it is wow too late ty return to it, he Tecommends the following measures as’ the Lext best calculated to eifect the desire { result Steps should now be taken to give stability to business And security to enterprise; and to this end, specific contracts to be executed in coim should nt once be legalized. Perhaps no law could be passed which would be produc- tive of better reeults with so littl: private or Puolic meonvenience. Such a iaw would simply enable the citizen to do what the Gov- erment 1s doing 1m its receipts for customs, aud im the payment of its bonded debt: ic would m+ rely authorize the enforcement of contracts yolunturially entered into, according to their letter. The effect of suc a law would be to cheek the outflow of specie to othe countries, by creating « nee itat home; to encourage exterpiises extending into the tuture, by removing al! wacercunty in regard to the value of the currency with which they are to be carried on. Such a law would Temove a formidable embarrassment in our foreign trade, would famili our people again with specie as the standard of value, and show how groundless 1s the appre Hi 0 generally existing, that a withdrawai of de- Ppreciated notes or the appreciation of notes to par, would produce a scarcity mouey, by proving that specie, expelled fr the country by au inferior circulsting mediuin, will retura again when it is made the basis contracts, and is peeded 1 heir performances. The Sreretary recommends, in addition to th- enactment by which contracts tor tae pry- ment of com can be enforced, that it be de- clared, that after the first day of Jaauary, eighteen hundred aud seventy, United States notes shall cease to be a legal tender in pay- ment of all private debts subsequently con- tracted: and that after the firstday of January, ewh'een hundred and seventy-oue, they stall cease to be a legal tender on any contract, or for any purpose whatever. except Goverameat dues, for which (hey are now receivable. Che law Should also authorize the conversion ot these notes, at the pleasure of the holders, iu: bonds, bearing such rate of interest as may be satborized by Congress on the debt into which the present outstanding bonds may bs funded. “‘:he period for which they would continue to be a legal tender would be suili cient to enable the people and the bauk- to prepare jor the conteiplated change, aust the privilege of their conversion woul! them from « by the Secre pernicious effect= upon morels of incon vertible what i» : ges Which would result trom legalizing coim con. tracts, sustain this recommendsues. Lt inay not be improper Teason for dive tendrr charac though the deck generally fayorth the acts by wns counts ent rain Lawyers of the « r hese decisions, wack thatthey have mot yet been st Supreme Court ot the Unied s.ate No one can tail to perceive bow important it is that the legrslatic ¢ mended precede a decision (fr peal) gbat United ot, under tue Federal Cousutution, a legal tender nd the pudlic ender motes, 1n is te The receipts from castoms ior the last three years bave been follows. For ‘he fiseal year ending June’ i W46,651 5 1764171 =8 363,590 Be that the mencement of y arises, what do hagh tara, muic trade aud to our fi en ial relations tions. = of the importacions « the stot articles Which. 1m ecou id be pronounced luxuries. Tae a Teduncan’ currency bave brough| upeaampled extravagance, which ie eur most costly produc’s of ye satistied by th ies. No exception Could be takei: muons if they were paid for iu ourewn prod s. This, unfortunately, is not the They are aunually foreign debt, Without increasing our ae | payit. How disa. rous such cot at 11 long continu 2ust be, at req of prophecy to predic Nor is mportant matter that the vu t uF large portion of our secu Tucelved by citizens of other countries ia of our own. Ifthe interest upoa a pubi is paid out where the taxes to pro’ <althourk s bu ‘who are not holder aS NOt to Ue mn. Thy asury by eurties, may beso vere burden Upc money meaus in the payin not for the expences would not, iv a purel exhautr t economical view, bunds of the ydistribated a: Slates, ther complaint of the debt than 1 now x wll attain strer hich few be are not hi 1 uattiowal security heavily must hay ditors. 11 it does not, ¥ weight upo: Ui be quite Likely into bankruptcy. The t le t its the dustry, entualiy ar how required, as has been nie measures Which will tend not voly to pr: vent further exportation of our bouds, and ihe regular course of trade to bring ‘back the country Usose thal “been exported, but wh will sso tend to restore those impor!ant iMferests that are now lamyuishing, as the vitot the war and verse legisiation. ifet ANd Most IMportant of these 1easures are Utore which spall bring + without a necessary delny, the res of the sp stnndard, The fi chal daficulnes und which the country is laboring, may be traced direculy to ty muaice in eire Iation, of irredeemable promises as lawit meuey. The country will no’ be really and Tehialily prosperous wutil thers ts © return to spect payments, ‘The following is a statement of receipts from imternal revenues for the last thre fiscal yaars For year ending June ‘4, 1 FH9,226,813 42 For year ending June su, Ist/.... 266,027,337 4 For vear ending Jane 3% (S38.... 191WiS7,589 41 It thus appears tac the incerual revenue ree ceipts for the year ending J tie 80, 1x6), fel bee nding June 3), low the recetpts for the yeur 1s€6, $42,169 !9,and Wat the rece.pts for the year ending Jun fell short of the re- cetpts tor 1e67, ® ‘The receipts tor aT mouths of the present fiscal year 88. If tbe receipts for these mouths are au index of those for tue remaining eight. the receipts for the present fiscal year will be S146 Hd, ‘This large reduction of internal revenue r celpts is attributable both to inefficient collec tons, and to reduction of taxes, It is quite obvious that the receipts from ‘toms ciunot be maintained without an increase of exports or of our foreiga debt. If the receip's from customs should be diminished,even with a large reduction of the expenses of the Government our ipteraal revenues must necessarily b- increased. The first thing to be done is to introduce economy into atl branches of tha public service, not by reduced appropriations tobe made good by “deticiency bills,” but by putung a stop to all unoecessary ‘demacds npon the Treasury. There i3 no department oP the Government which is conducted with pi economy. The habits formed during war are still stroug. and Sill “only. yield to ‘the requirements of mexorable law. The average expenses of the next ten years for the civil service, ought not toexeeed forty millions of dottars er an. num. Those of the War Department, atter the bounties are paid, should be bronght down to thirty-five ions of dollars, aad those of the Navy to twenty millions, outlays for pensions and Indians cannot for some yeurs be considerably reduced, but they can deubiless | sates | provided tor | ties or of additional be brought witbin thirty millions. The interest on the public debt, when the whole debt shall be funded, at at average rate of interest of five per cent, will amount to one hundred ani lwenty-five millions, which will be reduced with the annuai redaction of the principal. When the internal revenue and tari laws shall be revised eo as to harmonize with each other, it is supposed that three hundred mil lions exn annually be realized from these sources ,without bardensome taxat on. How much shall be raised from each, can bs deter- mined when the whole subject of revenue shal! be thoronghly investigated by Congress, with the light shed upon it by Comimissicner Wells ‘im hisexhanstive report of the present year. y dors uot doubt, however, tha fests of the commtry will be sub- by a reduction of the tariff and an in of excise duties. Tiere would be lett aean ex 5 0.u, to be applied to the psy The s of re neat of principal of debt. If tue ¢ ° the country should ‘make na incresse of expenditures necessary, this increas+ will, by cause. bh Provided under popula. | lncres se vauce of the country in tion, will be greater tian the necessxr Of expenses, there will be @ comets creasing &movnt mm addition to tha m x decrease of interest, to be aunutlly ay Iti jowal expenditures should be unavoidable, ¥ show once be provided fur by a ational taxes. What { ed, than, at th uw of the an. millions of Phed to the payment of the lars, ine! fitty miilions to be appl to the pas t of the principal of the debt, and such modifications of the reve. nue lows ss willsecure this amouat, without unwise restrictions commerce, amd will the least possibi ence te the f Assuming be reduced by a react fects of a retn on to = ais Upon um. ons Nuder the present tari, amd that, consequently, iuere mu=t be au ine: ternal taxes, there are three sources 0! Which are likely to be considered First, Au iicrease of taxes upon distitted of deriving the bulk of the Tevyenue from this article isa very popu! One; andeven our unfortunat only partially convinced the public of possibility. The late exorbitant tax spirits, iitended, perhaps, uot mere! e mrasure, bul asan encourage peranc™ proved to be the most demoralizing tax ever imposed by Congress, corruptiag bora the manu Aurers: d the revenge officers, and familiarizing the people with stapento Violations of the law. ‘Tue restoration of auy considerable increase of the preseat tax, would lead toa repetition of the fauds whien have brought the intermad reve such utter di-grace. S coud. A restoration of the tax on im: tures abolisird in March last. ‘Lue ob to the restoration of this tex are, that edicite yvactll and that bumeren ju It 1s also appareut that, it restored, 1 voald fail to be permanent by reason of the perststent and United uostility class of crtuzns nt oppression aad tneonveni astoms Will or by the would m4 on the part of Congress tp ouat of you a ereasing. ad wnatore Amdt Pet ebandise of fureutn or wholesale aud re dealers in topac unequal tax upon should be r moved, cient, Wi tthe wants ot favor ef # tax upon sal we hevied generaliy th rd would not be lable to s legi-Larion: i woaid be not to hear sop pow indtetdurts oF eSsiOM of oar Draach injariva-ty country, could sources, The re that a the vou purat $0 eqjti pressiv secnion iudustry, wi the bucmess of t les eu its produetivene. ‘The secretary Unjuks ine prose an untave her taxes ty not be of the ion ape it E on of Congress. und ibe | ex. pebditures which tended the 1iuitary opertiions against Inccms on the frontier, and the munienanc: ot linge forcee at eat South- sis upon extraordinary nation= of pub xpenditure ¢ Moneys 1 dies panies—WI'R proper economy 1 Gover outs of the re ur judicious amend. proper entoi without opy y extagaished within the period beretotore named by The Se Tue ability of the United States to m Tr integrity again: ntain t insurrection a5 well as scan uo I ton of their ability, uader democrave institutions, to sustata 4 fudge nm toual de sull to be deeded. That th stion should be affirmatively settled. it the opinion of 2 rary, of "ne hig! importance that the tax-pa. pters shuu be encouraged by th i i ‘bt ts in the 4s wor to vd their porierity. Lf it be understood tat this debt to be & perpetnal incumbrance upon the prop- erty and industry of the mttion, i is certuniy ty be feared that the collecuon of taxes ne sary to pay the interest upoa it may require the exercise of pow-r by the central Go: wnt, inconsistent with republicanism and di gerous to the liberties of the people. The di javst be pad, Direct repudiation is an impos. sibility: indirect repudiation, by furrler issue dou of lvgal tender notes, would be madness, ‘The Secietary reviews the adwiusetraion of | the Treasury trom April, 1865, showing th within a period ot months, the reyen sources of revenue Te three years and se ‘SOF the receipts from a eed the efformons sun ot i! 0, and tha POAT, , were paid debis which were’ uc. tually due at the close of the war, and | for bounties which, like the pay of tue army, Were @ part of the expenses of the war. Adaing the amount thus pari to the deb: as exhibited by the books of the Treasury on the first day of April, i=3, itappears that the debt of the United States at that ume was 22007 Sb and that the actnal recuction bas been $470,256.60042; and bat for the at. vances to the Pacific roads, and the amount paid tor Alaska, would have been $519, 650,650.49 ; Nothing caa better exhibit the resources of this young mation than this statement. or show moré ciearly its ability 19 make “short work” Of theextincaishment of tae public dabt. at Will be born mind that (vese immense rey. enues haye been collected. while one-third part of the country WAS IMA “Ate of yrest des titution, resulting from. its terribte straggi« to separate itself from the Union, with its polit: condition unsettled, and its \adastry in a yreat degree paralyzed; and while also the other twe-th ras were ©.owly Tecovering from the drain upon their productive isbor ani re- sources—a necessary accompaniment of a gi. #antic and protracted war. ‘The Secretary has noticed with deep regre indications of @ growipg semtiment in Gon gress— notwithstanding the favorable exhibit ‘Wwh'ch have been from time to tim» made of the debi-paying power of the conntry—in favor of @ Postponement ot the payment of any part of the principal of the debt, until the national re. sources shall be so amereased as to make the yment of it more easy. If this sentiment revail ss to give direction to the ac. tien of the Government, he would feei thata great error bad been committed, which could ardly fail to be a severe misfortune to ihe country, The people of the United States wiil never be so willing to be taxed tor the Purpose of reda the debt as at the present time. Now, the mecessity for its creation is better understood and Te. ciated than it caa beat a futare day. Now it is regarded Le — majority cdl payers, as a par great price fo- The maintenance of the Government, . theres fore. a sacred debt. The longer the reduction Of At is postponed, the greater will be the diffi. cultes in the way of accomplishing it, aud the more inioisTable witl seem to be the burden of taxation, The Secretary, therefore, renews the Tecommendation made in hus first report, that a ceriain deSpite sam be annually applied to the payment of the interest and the principal of re debi. The amount suggested was $2.0,!00,(:%), As the debt is considerably smaller thaa i maximum ws estimated at, the a:nount to be y might how safely be fixed Oc Recording to the estimate already made in this report. The subject of the currency in which the five- twenty bonds may be paid—agitated tor some time past—was freely discussed during the recent political canvass, and madea question upon which parties, to some extent, were divided. The premature and unfortanat« tation and discussion of this question have bee lamaging to the credit of the both at home and abroad, by exciting appre. hensions thst the good faith of the nation might pot be maintained, and have thas prevented cur bonds from advancing in price, as they otherwise wouid have advanced, after it was perceived that the maximum of ‘the d-bt had been Teaehed, and lave rendered funding a! a low rate of interest too unpromisicg to be undertaken. ‘Withont intending to criticise the inaction of Congress in regard to a matter of so portance, the Secretary dees not hesita 3 ubat, if his recommendations had b. en adopted, the ‘public cebt would have been much less than it is; and that the reduction of the rate of interest would ere this have beon in rapid pro- eres: The Secretary dues not iuink it neces y to disenss th fon in this report. His opinions upon it are well known to Con: And the ‘1m hs people. They weredetinitely presented fer Iv7, aud they remain un- He begs leave merely to suggest, as has subs: tially done before, that allevis n of the burden of the public debt is to be ob- med—not in § decrial of the national credit— in threats of repudiation—not in a further report changed be ne issue of irredeemable notes—not in arguments addressed to the fears the bondholders bat ina eration by Congress t the national faith, in letter and spirit sbali be inviolably maimiained—that the bonds Tnited States, intended to be uegotinted abroad, &- well as at home, are to be paid— when tie ime of payment arrives—in that cur- rency which is aloue recognized as money in the dealings of nation with nation, Let Gou- gfrss say this promptly, and there can be but little doubt that the credit of the Government Will so advance that within the next two years, the interest on the larger portion of the debt cil be reduced to a salistactory rate. He there. ly recommends that! it be deciared, out delay, by joint resvlutiou, that the principal ot ail bonds of the United Suttes 1s to be piud in com. Itis also recommended that ecretary be oTized to ussue 850,000 of bonds, 00.0) of which shall matar: annually: the first $56,041,000 to be payable, prineipal and interest, in lawful mouey—the principal and iuterest of the rest tn coin; aud also such fur- ter amount of bonds as may be necessary 19 take up the outstanding six per cents. and the nen-inierest Learg debt, p: ble ia com thaty yenrs after date, aud redeematle at any lume after ten years at the pleasure of the Gov- ernment—the interest to be paid semi-anawuly in coin, and in no case to exceed the rate of five per cen.; provided that the Secretary may, in bis discre ion, make the principal and i terest of 56.0,00,K Of these bonds pays: such city or cities in Europe as he may de mn gf to the recommenda- the buuds to be issued are to At for ten consecutive yeurs Goa of which time all of i+ ontrol of the Goy- u bs ensare of the public de is whi on fay a ble terms. of bonds “moant with ue interest and priv. oypal of Which shall oe paid iu the count y ae to be neguliited—there can b, Dut. liowimg is @ statement of the publi ist of July, 18>: fi Total debt. a = Amount in Treasury, com.. = “ currency, Amonnt of debt, less cash Tressur an venditures jur the fiscal year ending June Ine receipts, exclusive t public ceot owmg IS M SuttemeNt Of Teceipts and adiures for the quarter ending Se elusive of vres. exclus of public dept... ary estimates that, ‘under e: nd expeaditures tort #30, 559, will be as fol. Ju 4a receit af expenditures wi we fiscal year ending June 40, isto, ted as tollows ms From cus beernal t same period, if th Lt be ke ee, Will be as The expenditures to. expenses of the army she bout the present ay For the etvil service Pension= War Department Navy Dep " Lnteiest on public debt 6000 044 Expenditures ..............- The Secretary thinks the for the ation in the system of revenue col- ion ts to be remedied by such amendments the actas will equalize the bard xia audim an elevaton of the standard of fication for Tevenue offices. to the character of the revenue of- s only to say, thut there must t nge for the vetier in this resp to be rescued irom its demoral- After c.evul reflection. the has come to we cone*usion that this ke Would follow the passage of the bill Teported by Mr. Jenckes, from the Joint mitwe on Retrenchment aud Ket-rm, on the 1th of May last, entitled “A bill tegulate the civil service and promote the efficiency thereof.” ‘The Secretary gives to this bill his hearty approval. and ‘refers to the speech vhich W2s made, upon its introduction, by the genUema&n Who reported it, for an able sad lucia exposition of ats provisions, and for a iruchint and graphic description of the evils of the present system of appointments to office. On the fitth day of Uctober last, the duy for their regular quarterly reports, the numb-r of National Banks was sixteen hundred and forty-four, seventeen of which were in yolun- tary liquidation. Their capital was. Their discounts. Their circulation, 25,654,244 O10 Their deposits, GOLN HALTS 1 in no other country was so large a capital ever mvested in banking, under a single sys. tem, a5 1s Low invested in the Nationa, Banks; never before were the mteyests of a people so interwoven With a system of banking, as are the interests of ple of the United States with their Natior king system. 1t is not strange, therefore. tha* the coadition and man- agementoi the National Banks should be, to Uni sud to their representatives, a matter of the Geepest concern, That thy National Bank- ing system is a perfect one is not asserted by its friends; that itis a very decided mprovement, as far as circulation is regarded, upon the sys. tems Which it has superseded, must be admit- ted by its opponents. ‘The Secretary censures the management ot the banks in New York for the practice of cer- tifying the checks of stock and gold brokers to many times the amount of their capitals, with no money actually on deposit for the protection of the checks at the time of their certification. 655,575 ,2 Amore 8 practice, or one more amcon- sistent with prudent, not to say honest bank. :mg. cannot be concetved. It is unauthorized by the ach and should be prohibited by severe penal The recommendation of the Comptroller th: aU National Banks be prohibited by law from certifying Soca = inprg tt apd upon deposits act ly existing at me the check: are certified 10 be good. ie heartily concurred in, ‘The Secretary bas long entertained the in- ion that the practice of payimg interest on de. posits—tending as is does, to lap constantly extended iu their discounts 4s judicions and unsafe He therefore of the recommendation of the Comptroller tet Nation=1 Banks be prohibited 1 4 serest om bank or individual balances 2% Although the National Banking system should be rel from the limitation pon the agregate amount of | that may be issued, this cannot be safely done | as long as the suspension of specie ts continues. Nevertheless, measures should at once be adopted to remedy, as far as practi- ticable the inequality which exists in the dis- tribution of the circulatio: The Secretary recommends that measures be taken for the protection of the tur-bearing an- imals of Alaska. ‘What was said by the Secretary in 1836 and 1267, upon the subject of the depression of ont sbippmg interest, x true at the present time: | and he theretore feels it to be his daty ¢ peat his recommendations. The shipping | terest was not only pro d by the war, its continued depress) ble tot financial legislation, and the hich taxes con- equent upon the Ww The honor and t fare of the country demand tts re jon of ° nited States and Can orable opportunity for a reconsiders the commercial relations of the two couatries bas bren presented. There certainly seems Just reason why all the commanities on the American continent micht not imitate the ex. ample of the Zoll-Verien of the German States Mr.S. M. Clark having resigned the office of Superintendent of the Bureau of Eugraving and Printing, Mr. G. B. MoCartee has been placed temporarily in charge of it. As the past managemrnt and present condition of this Bu- Teau are now uuder investigation by the Joit nittee on Retrenchment and Reform, the 1s at Hberty only to say, at this from examinations which le has cau-ed to be made by officers and clerks of this Department, he feels jasn‘led in remarking, that the reports which bave been, at various times, put in circulation in regard to over- Issues Of notes oF securities, and of dishonesty im the administration of the Bureau, are un- founded. The Socretary, in concluding, reviews come Points in the general policy of the admintstra- tion of the Tressury for tae past few years. He says it was, and constantly has been, therefore, the aim of the Secretary so to administer the Treasury,while borrowing money and funding the temporary ob! gations, as to prevent a com- mercial crisis, and to keep the business of the country as steady as was possible on the basis of An irredeemableand constantly fluctuating cur- reney. Whether his eflorts have contributed to this end or not, he does not undertake to say; but the fact is unquestioned, that a great war has been closed—large loans have been effected—beavy revenues have been collected, and some $1,3/4,040,000 of tem porary obligations have been paid or funded, aud a creat debt brought Into manageable shape, not only with. out & financial crisis, but witheut any dis- turbance to the ordinary business of the country. FORTIETH CONGRESS. TvEspay, December 5. SENATE.—The Chair preseneed a communi- cation from the Court of Claims, in reference to the Judges of that Court Also, a communication from the Secretary of the Interior, cailing the immediate attention of Congress to the destitute ondition of the In. dian on the Upper Missouri River. Also, @ communication from the Examiner of Patents, enclosing a statement of the rec and expenditures of the Pateut (illce, trom Ju to December, 1, ts, all ot waich were isud on the table. Mr. Fessenden presented a memorial of S. I sirug, asking (bat the President aud Vices ™ resident be él the people Mr Ty introdu ted resoluti for the removal of political disabilities. Aise, a bil to remove political disabilities Mr. Ramsey introduced a bili. to abolish the fravcbizing privilege. Mr. Pomeroy introduced a bill to continue the operations of the Freedm: Bureau certain States, All ot which were laid om th On motion ot Mr. Sumner the Preside! Tecuested to communic: te the S IMioTMahon im recard ty the reiations of Vaated States with the region of La Platte, Tepublic of Paraguay, the Argenune repub- Le, tbe Qracntal republic, and the empire of razil. Dir. Yates offered a resolution requasting the Secretary of the Navy to communicate t) tue Senate a copy of the proceedings of the Nay, Board conveued ta Washimeton to determine upon the proimotion of those oilicers of the Navy who bave distinguirhed themselves. Mr. Grimes objected ty iis preseut cousidera- tion, And it went over. Mr. Robertson introduc: the political disabili‘ fa bill to remove fF. J. Moses, receutly elected Cetet Justice of South Carolina by tue Legisiature of that State. Mr. Sumuer asked for its present consider —- tien, but Mr, Edmunds objecting, it went Mr. Drake called up bis resulution olfer a the Las ton to amend tue rules by pro viding that Indian treaties shall hereafer be considered im open sesstou; Which, alter a brief Giscussion, was laid over. Mr. Harris introduced a bill to extend the oie Provisions of the act of + InGd, Telative to be jurisdiction of tae Court of Claims im cases in the States of Arkamsas and Louisiaaa, Also. bill to remove poli borh of which were haid on th The Senate then adjourned. Horse ¢ anvounced the first business in order to be the unfinished business of yesterday, which was on ordering the maim question on the passage of the bill to increase tae duties ow copper. Mr. Brooks (N.Y) made the point of order that as other business bad been Wausacied since the consideration of this bill was pe Poured. it could mot now haye priority over vther business. The Speaker overruled the pout of order: whereupon Mr. Brovks (N. ¥.) called for the reading ot Mr. Washburne ( Ll.) moved to reconsider the Motion by which the maim qaestion was or- dered. The Speaker dec th d this ont of order, on the ground that the House was a ting uuder & Operanon of the previous question ‘The Clerk was ordered to call the roll ihe paseage of the bili the yeus were Ll’ tbe nays ST The Speaker bud before commanications and Exect follows: Report of the Secretary of the Treasury Report of Surgeon Geueral Barses, regarding contract for supporting paupers in’ the city of Woshington; and resolutious passed by the Legisiature of Oregon, cenoucciug the course pursued by the Senators trom that State, aud also the Kepublican members, aad eailing upon them to resign. Mr. Washburne (111 be returned wheme respectful, impertine orcus, Mr. Wood (N. said something about “State sovereignty,” aud asked tor tue reading of the paper. when ha was called to order oa the Repuchcan side. The paper, however, was read at length: whereupon Mr. Washburur demanded the previous ques- tien en his motion. The previous question was ordered, and the motion adopted. Mr. Butier (Muss.) introduced a bill tore. peal the act known as the Tenure-of-office act. Reterred to Judiciary Commitwe. Mr. Garfield, (Obio) from the Committee on Miliary Affairs, reported a bill to restore the Bareau of Indian Affairs to the War Depart ment, and demanded the previous question on its passage. Mr. Windom (Minn.) hoped the gentieman Would notinsist upon the previous question on so important a bill withont discussion. The bill gave rise to a desultory discussion, which was in progress when our report closed. TELEGRAMS TO THE STAR, This Afternoon’s Dispatches. THE SECRETARIES REPORTS IN THE THE NEW YORK PAPERS TO-DAY. New Yorx, Dec. 8.—Rey of the diffrent Departments are published im the New York Papers this morume, with the exception of tut of the Seeretary of War, The President's mes. sage bus no! yet been received. <2 -—___ A CAPTURED MUnDERER.—Georg> Baile: onrot the five negroes who murders’ Cap’ Jobnson aud mates on the schooner Braye March last, is supposed to have been captured. ‘There is now in the jail & negro who was Placed there on the charge of being concerned in the recent robbery of a house in Wes, Balt, -Taore, and itis eu! that this man is Bailey. He will be beld subject to the actioa of the Som_ erset county auchor: th inst. eel S7 The murderers ot the two the eastern part of Jefferson county, Me tock “ ‘Will be tried under the Civil Rights bil, @ House several ve documents, as moved that the paper t came, as beiug Gis- t, scandalous, aud indec- REPRESENTATIVES —The Speaker | INSURAN W.8.9um Secreary.” CURR PBEUPS, CONNECTICUT MUTUAL Lire INSUR- ANCE COMPANY HARTFORD, CoN Assets over BIGHTEEN MILLION DOLLARS. GEORGE H. MARBLE, Ageot, Federal Block, Boom 10 Opposite Post (Mice Bopartment, Corner 7th and F streets. UNITED STATES OF AMERICA, | WASHINGTON, p. c., Chartered by Special proved July 55, tsgyneree™ APs CASH CAPITAL. Ld D. COOKE, Washington, View Presi RSON W. PEET, adolphte SS AET Sates accereees 1 ington, Avstatant NOLS G. SMITH. MD “wetion! Disecta” DAL ADVISORY BOARD: 3.K. BARNES. Surgeon Geueral Uuited States 3. BHORWILL. Ubtef Meaical Department ‘United States Navy, Washington, D. W. BLISS, M. D.; Washington, act of Congrees, 1858, {paid up capital of It offers lo ea of Pp ¥. cortatn in i It is & home company in every locality. Ji policies are exempt from attachment. i bere are Bo Guuccessary resirictious in the p fctes. Every policy i non-torfettabl, Flies may be taken waich pay to the iueare thetr fult amoant and cetarn all the premiam that the inearance costs oaly the decrease ow annosl pay te Polictos wilt be tesned that will pay to the sured dering life an annasl tncome of one-tenth the amount pamed in the policy extra rate is charged for risks apon the lives of females At tnsures not to eeonre dividends, bat at so low Cost that dividends will be impose A LOCAL AGENT 18 Wa COUNTY, and applications from co: ties for ches, wisneait Sheald be addressed to the Company * Geoucr te only in their respective distric rcaiars, Pampble:s. ant full parcicalars given a2 ‘St the Office of the Company fu this | GENERAL AGENCY FOR | MARYLAND, DELAWARE, Vine! WEsTV conten D DISTRIC | AT THE OFFICE OF | JAY COOKE « Co., | FIFTEENTH STEEET, OPPOSITE TREASURY DEPARTMENT, WASHINGTON D. v0. | member, and $2.20 ench the « member dice be | | mmiy LIFE INSURANCE. $5,000 for $6 Premium UNDEB THE AUSPICES OF THB Manhattan Co-Operative Belief Associ THE MANHATTA ©0-OP ERATIVE RELIEF ASSOCIATION. | IS CHARTERED BY TUB STATE OF KEW | You OBJECT. The object of thie Associath: payment within forty days after the mber.of as many dc as there are members fo the class to which he or she belongs, to ui oF Is to secure s cash | ber betrs. j MEMBERSH The membership fees are x+y dollars at jotming, for which @ cert eheate bersmep wall be fuap: | nested.) and one doilar of emcb of which dae o One dollar frum eack member gors to the widow oF , butte of the deceased momter, aud the ten cote | for expenses of collecting. into TEN CLASSES ‘This Compan: | eOR'MEN end TEN CLASSES FO WOMEN Af s00n as those classes are filled, ton Rew clasen ed Meo and women are not allowed jensen. thing ue to make each Ciags equal. sig tine di be et —All persons between the ages of 15 and 20 years. —All persons between the ages of 2) and 3 yaara. C—AL persous between t ad 30 Foare, D—All persons between the 3 yoare, E—All persons between the years. F—All persous bet woen the 4 years. G—All persons bctween tie 30 years, HAI! persons between tl 55 years. LAU persons between t! years. Koa cy ‘The the same as above. one that age wrong te eup-lled. paid fortelted to the Associaton. Each Claes is limited to 8,000 menbers, Each persou pass pon becoming @ soueiet 40 the same Class he oF she may be @ wieder. A member of one Class cannot be accessed thi r of anotier Class dies. Back dollar Uf a mei 7 S saenen VENT, A@UINE MO CORNSCLION Wie Cas ILLUSTRATIOS Class “A” bas 5.900 maie members, A The Association pays over wit to the wide reimparas it. to vend this sum, they forfett to the Av moneye paid, aud the Aspoctation supp: ‘member to Bil the piace of the retiring one. ADVANTAGES. TBO PAventaces of this Association ov e brent nd reguired to ue 4 st euch long futervais, that any men can secure to his family acompeten:s apo his doata. HOW TO BECOME MEMBERS. become a member may Apply 3 Chock, beuk drei pb etal orter, or by exp: paid dy the applicact. Gad the Association be ve am ches occu, membership is in town, county, setting forth the stn the opinion of t! cant fs & proper person to be ret. Bisa forma ef application for membership wil be seus Upon application Bach memier oweht to try to make mem members, by so down he bemetts himself, NO lettre, atll be votirrd that does uot contain © three cont postage stamp tv prepay retara po-tage. UNVESTMENTs, ‘The By-laws of the Assuciation require that one- third of the money received as new mowbership ters shat! be made @ siuking frad to mort pay.soute failing due by the delfuqueacies of members. fund ty beld by tne NATIONAL TKOST COMPANY, apd will be tnvosted in (nited States Bonds Ho Rates or Dot and mortenge pia, Nowe the velus of the money ec leaned. et THE FUNDs, The rematning