The New York Herald Newspaper, January 25, 1867, Page 5

the Mr, Cuamwpuzm, (rep.) of Mich , hoped to see the duty. product of labor, nad of educa ber was be under the existing tariff gird The amendment of Mr. Kirkwood was disagreed to. ‘Mr. Wane moved to increase the duty on linseed or Seat Som ts ieas conte, in the to a ‘three cents per spoke in favor of his amend. ment as necessary to Protection of the agricultural Mr. Famuuanvvesr, (rep.) of N. J., said that it was his Maso tat Sis end of en, aad he ell thirty-five cents instead of twenty. a Mr. fmesmxpEx spoke at some length the pro- akg WAP Sanned the fore ln. adracece. cb Menment Mr. Monaax, (rep.) of N. Y., opposed any increase in £ f 3 f £ efi | i g 1 ; g F daty'on tmced or Absecod 10 Cwenty unig por sion, ity on or Oo twen! pra’ freemen florns sweuig-itee’ to thiriy canta Ene ‘This was debated by Messrs, Wiliams and ell. Mr. Hows, (rep.) of Wis., called fora division on Mr. Fretinghuysen's amendment, enmer jatend . FessRNbuN said it was @ queer kind of a commer- lal tariff. ‘The amendment of Mr. Frelinghuysen waa adopted. Mr. Dixon, (rep ) of Conn., moved to add firearms and awords to the twenty-first section so as to allow a draw- back on these articios when exported. ‘Tue Cenate then at five o'clock pdjourned, HOUSE OF REPRESENTATIVES. - Wasmixotox, Jan. 24, 1867. NUPOSED TO APPEAR BEFORE A COMMITTEE, Mr. Hau, (rep) of N. Y., from the Committee on Re- troticitpent, offered 2 revolution directing the Sergeant- ‘et Arms to present before the bar of the House James F, Traoy, Who had beon duty summoned to appear and tez- tify before that committee, but had refused or neglected 40 do 80, which was adopted, TOR INDIAN APPROPRIATION BIL, Mr, KAsaox, (rop.) of Iowa, from the Committe on Ap- propriations, reported the Indian Appropriation bill, and uM was made the special order for Tuesday noxt, A UNITED STATIS CIRCUTT OOUTT FOR ERIE, PA, Mr. Scorrenp, (rep.) of Pa., introduced a bill for the Dolding of a United Stetes Cireutt Court in Erle, Pa, which was referred to ibe Judiciary Committee, TIE FREE LST, On motion of Mr_ Drraxse, (rep ) of Ind., the Com- mittoe-of Ways and Menns was Instructed to inquire into the prepziety of placing on the treo list wagons, wagon poles, harness, common bedsteads, chairs and tablea, ‘WIE BOUNTY FILE, Mr. Ber rep.) of Obio, gave notice that ho would, | %o-morrow or Saturday, report the bounty bill and ask to have it put on its parsago, INVALLP PENETONA. Mr. Perma, (rop.) of Me., from the Committee on In- valid Peusions, mode a report to Mpogera | a bill to ‘pension the surviving soldiers of the war of 1812, which ‘was ordored printed Tarn, (rep) of N. Y., from the Committee on Priating, & resolntion to print extra copies of ‘the roport of the Committee on Invalid Ponsions on the e@avject of the soldiers of tho war of 1312. Adopted. PRINTED DOCUMENTS FOR. MEMIEKS. On motion of Mr Wavrworts, (rep.) of Til, it was ordered that all documents privted by order of the present Congress, and actually ready for distribution be- fore the first Monday ef December vext, shali be dis- értbuted as-heretolore to the members of the present ‘Congress, RBYORT? OF COMMITTEES, ‘The House then proceeded, aa We business of the morning hour, to the call of commutices for reporta, AGRICULTURSE COLLUGK FOR TENNESSEE, Mr. Bipweut, (rep.) of Cal,, from the Committee on Agricalture, reporied a joint resolution to extend the provisions of the Agrici:linral Colinzes actzto Tennessee. Mr. L& Buonp, (dem.) of Ohio, did not bee why there @hould be an exception made in favor of Tennessee, or why ail ‘the States lately in rebcilion should not be , @mbraced within the prov! of the bill, ‘Mr. (rep) of Tenn., proiested aga'nst his ; et he Ee sf ber ‘people, and, by the God pam Am More. (Manifestations of appiat Mr, Ls Bionp inquired on which side the gontioman (Mr. Stokes) stood in view of the Duncan letter, in bjoh he had declared that ho was for the patriot Dai floor andtn the Sion ortanan Wowured the spectators in the crowded -gattaries, | Anatructed: the pee eet Mattie or dine ‘persons who mauifeste! on or dis- ‘Mr. Stoxrs resumed his remarks in the direction in whieh he had been spenking when the {atorruption took place, bot Mr. Spaiding made the point of order that the discussion was not pertinent to the iasue, ‘Tho Seeaxwesustained the point of order. 4 Mr. Stokes, thas cut off in bis oratory, contented niowelf with wamouncing that when the time for action came agnin he would botoand on the samo side and in tue sadttle in, #8. hé had en for over two ‘years, and he did not care bow eer Je Mt id come (“Rost sneore! Randall, of Pa, 7, OD mora? Me soned and, the Joint, resotatiod was The de! conti popper ted ty: Messe 2 well, , Grinnell, Kelloy | year SMe. Dose, (fep.) of Minn., moved aa amendment, ‘ake chaps of a provien, toate Tan granted sboutd ho Weld the State of Tennessee, ‘etvject to the con- ition that no person ehonid ever be employed as oer or teacher fn su-h Pel bing iM military or civil ofice under the RS erhihent, or under the rebél State’ government of Adopted. . ater the' gre fowe eek a ae five minutes ‘were all to Mr, Chauler, whe favored the ion of the bill to all tue States of the South. PRRAOY AL ALTERCATION. Mr. Cooren, (dem. jof Tena., ip noticing Kelley, d@novocing Srp ‘Gy 8 usu: that, if bo were permit: parliamentary $4 fouls epg) Vo ise: ta, Fos Jangnage of Marmion, © Lar as, How oa Mr, ris, rep.)of Pa, who appeared not to have Hieard the words of Mr. Coopor, rove after Mr. eat and ud tie had ‘been ‘by those ting won ie hat the gentleman Tonn had mado offn ive aitusion to him. That ventie- man waa, wl the i tion was being Plotted. the confidential and paid a, of the usurper, He kaew all ‘the secrets of the usui on, ‘not veen extinguisbed in him it would. permit hich to deny the charge be ye Latins | bed of ion, Tpramdeat of te United Blan and int fr o eet; but ‘Dot one be wf. bean fm a and! Dy mo; and when the gentleman a gays Tyas the paid agent of Mr. Johnson he iWeb aghin. ) rhe Wrxaxsw knocked with his banimer and Galfed him +o ain Kets my—I know it was not Andrew Johnson's own money that the member from Tennessee handled ; it was ont money—the money of the people of the United States. The member from Tenness.o was a member of Mr. ees perp ery olde pad, raped tor his services, But Twill not words Wi , Mr, Jnnox ) of Ret. made the point of order tual tne di rar ig fo 2. not nn having 0 refers t e yao. "the Breagen Meaciained tho polat of order, and this 1 t jon PS Beaeaaipie emendment adopted by a vow of Lid to 3b ‘THR BTEYONS RRCONATROGTION BILL. Tho House thea [nowy the consideration of Mr. Stevens’ Reconstractio: i tie. Rarxonn, (rep.) of x ¥., proceeded to address tho House. He held that some aspects of the great con- trovorsy had been practically settled by various @x- —— ‘of pubiic sentiment through tbo press, through I" aod ui gress, thi yh pubjic assemblies ali over the land, lally through thé verdict.at the polls in the tant ion, One of the points thus settied was that the people wore not willing to accoptas a basis of adjustment and restoration what had been Se an the Nicy of the of fi were not willing that the Sialea recently in rebellion showid resume their urtion of political power as momberaof the Union, He Brenoait had concurred in the President's Vee as to tho restoration of those States, aud he still t/ it that tf that course bad been taken in. the enrly period of tho Giacuselom it would have conduced largoly to heal all the troubles of the hoay politic, But because he had be- 1 Heved that to bo the he) ng 37 then he did not mean to to maintain that it was tho best polloy now, any moro than a phystctay who had prescribed a gargie for a sore Aarons ai the early stage of the trouble, should congue gress. Looking et this bill from a practical point of organize @ new Conflict in every one of those Southern States. This bill, therefore, would mate strife, tended that the poticy of the republican party tended to consolidate the governmont. He was free 'oadmit be thoaght the war had developed in the gation a senti- North American Provinces; bt consolidation Tnftead of passing this Dil asd atiompting to patch ip instes to upa ras with the Southern States, tem; whish would, atter all, not answer the national demand, NEW YORK HERALD, FRIDAY, JANUARY 25, 1867. 6 that treatment after the diseag? bad assumed a sertous | only exercise scommon prudence. All expect the oonn- to be retired last year has been more than co aspect. He the people had deoided more nearly | try toface resumption at some thao; and it is after all | ponaatea °Y the increase of national bank than they te thowsihl ts ‘Anything’ that the constitutional | but a question as to what time will be the best and pro. | paper curr *2¢Y Still maintains its supremest bulk, Th amendment of last session was the wisest and beet basis | ductive of the loast amount of inconvenience. The mou | amount of 1. 1 wuthorizod to be issued by tho Bank of Of adjustment of which the question in its present aspect | who hayy faith in the resurrection of gold and silver | Enghand is 2,'4000,000, or $55,000,000; and the entire Was Susceptible. He theaght the » had algo de- | say we shall never b: better time than now. Thoso | amount of paps? Circulation in Great Britain, includ: cided that they would rather trust Jo Congross ta afjaat oo have felt the frnetifying effect of a flood of paper | private and joimy Stock banks, as established by act the subject and restore the States to the Uuiom than | money—its first glow of expanding prices and its quiet riiament in 18¢,': Was £37,000,000, or $185,000,000, trust to the Executive of the United Sates. The people | mode of sealing debis—believe iis potency Inexbansiibie, | Some years it bas been a tritle more than this and had trusted not so much to any partiewlar plam of Con- | and demand that the flood shall nover subside. For my | some years @ tritle 1x) but in 1865, strained as th d jiast.ce, and patr!- | own part I am persuaded if wo start mow weehall not | were for capitalto by'Y 4nd bold cotton at its ad- fatten {ts abundance. What oocurted after the discovery of the . mia of an 1545 13 again Samping \taelf A Defauteh in Wall Street history. re is therefore no occani for om ‘ Other depreciation tham that which. aust taevitab'y be. | Excitement § ont of the Bauk, dc. fall us on account of the anual has been up mints and assay offices af great expenso, but it is ment clear that on the whole not one-fourth part of tho sums — aneine 48 66, % also disappeared. ‘The woight of those in 1791, stand-'| count with the Bank of MNorth Ai wing beom ard gold, was 270 grains, but im 1837 they wero re- | recommended by city marehaninet gone cing, The ted> on a ce " carried perhaps a stronger statement of the real facta of | 1865, tl jum on gold had fallen to 1284¢ per cent, TOM... ccsscnsee warranted. Occa hat oi a to 258 graint, The debasoment of our coinage, | business had been carr! ag. timed: week, bus he oe « ight wing fallen from 200 per cent in March, and froma much Paymonts. and frequently had occurred, where the authority of the | higher point thau that in January, without. producing a | Bank of England notes, nation abould be exerted transconding the constitution, Rerrepcbl ripple in financial circlos and far less a pani, | Gold and silver.... that, } There wero 2,733 failures in 1360 in the United States, | Bilis of exchange and checks. Another instance was the abolition of the | amounting to $61,759,473, but in 1865 there were ouly United. States bank. Another according | 530, ainounting to $17,625,°00, or ahout one-fourth part Total....... MA ijehetd +-100 per cent, to Chauceilor Kent, the war with Moxico, | of the average numer and amount, Morigages, made The bueiness of this firm was analagous to thatof any But the people had acquiesced tn the results, All great | light, bad beon liquidated. Tho old aystem ot mercan- | of our large merchanta or traders in New York, and copvulaions brought certain changes im the spirit and | tile credits by common consent-had been hanished, The | proves conclusively that the credit and capital of the | It will be scen from this recital that the standard of the ounts were Very large, and thore were no sentiment and will of nations, and those changes de- | Sou h in losing ¢!! bud lost its credit, and trust in that | people are used to an extent of ninety to ninety-seven | United States coinaga is. very low, and the normal con- | the firm in the bapk, Mr. Yelverton was, th manded recognition and would have it in one form or | direction was impossible. All {volt that to pay as you go | percent in ordinary mercantile transactious, and that | dition of exchange with most othor civilized nations ig | to, aadyhe, having the highest contidence ¢ another, He thought that In the case of this country | was sotind policy. The scriptural injunction, “owe no mon | veither gold and silver vor paper convertible into gold | always against us. Exchavge on. London, when'at not | would promptly be made to meet the chec! ‘Hed those chanzes- might be to a certain extent dednitely | anything,” had been implicily obeyed, aud then was the | aud silver is used for a circuiating medinia beyond from | over nine and a half per cent, ia rool atpers When | them without hesitation. Ho bad soon cause to rq gree specified. He had no donbt that the will of the nation | golden momout, not ouly for political reconstruction, | throe to ten per cent. This fact is strikingly iustraked | onr paner money is promptly convertible laio specie it | the act, for it became apparent towards the Clow onthe « to-day was that there should be some provision inthe | but for a return to specie paymenia Thea tho | by the New York bank exchanges or moncy transactions | is still much below the par of the countriés wiih whien | day that Meyer & Co, would not meet their engarethen'ta, constitution more effective than any that yet oxtsted toea- | capital of the country was idle and might have been | fora singie day. For example, take one in the year | we bave the largest commerciai transactions. Our gold | and bis anxlety was increased still more when on making? tablish equality of rights of all men—an absoluteequality | largely enlisted into the service of the country. | 186%, amounting to $91,291,451, which was periocmed | coins are received abroad, not according to the value we |, inquiries it LS Nonara that tho drm bad been ruined ®y Of alvil rights and an oquallty of political rights elther | The campaign of a paper currency was over, and it waited | by the use of $2,807,306 in ‘money, In the year | stamp upon them, bul according to the ainoant of pure | ventures 11 Pehnsvivania stocks, and other reports sa@ how or ag soon us may be. He thought the natiou de- , ouly (0, bo honorably discharged. Useful onea, it was | INGA | the | bank’ exchanges wore $5,02,912.008, | gold they eontatn. Tt would seem almost inoxcusable | they had been ruined by the failure of ‘ano arm, manded an absolute guarantee agaist future attempts | now only an incumbiance. The W and the balances or money used daily were under | to aliow our paper money to remain depreciated bolow | Sill, although there was suMfcient trath on the ‘face at eecession. One objection that he bad (o the con- | the war wero largely invoived in debt, and they not onty | $1,000,000. For this data T am indebied toa former | the standard of specie a8 fixed by ourselves for any | these reporls to attach importance to them, nothing stitutional amendment submitted last sossion was that | paid off an incebtcdness of not lee 200,000,000, | eminont member of this House (Colonel Stebbins). Thia | period more provructed than is now imperatively-| dednite or certain could be learned in rolation to the bthe gaarantees which he thought | but they became large holders of - | exporionce of New York tallies very closely with the | vecessary. Bonk notes, when they aro mado equive- | efuirs of Meyer, and the. anxiety produced by mired. Ho bad been very reluctant to | tos, with means of becoilug still larger holders, Up to | testimony in the parliamentary report, that it only ree | lent to the standard of United States coin, will be | tus suspense as to the real state of valaira, added to the tamper with the constitution. He had believed that if | this time, noither in the West wor in any other part of @ about three per cont In money to tiquidate all | nono too valuable. The second, third and fonrtir | fact that he bad assumed the responsibility of cortify tug taken in its present letter and interpreted in tue spirit of | the country, have our people asked or received the | payments in modern trading. If it were not misch dilution of money would not do tolerated by even Hahnas | tue checks, worked go severely op the mind of Mr, the dominant sentiment it wo id bo adequate forall | anctont measore of credits, Notwithstanding the drain | ous it would be ridicuious to claim that there {aa necea- | mann. But the valuo of anything circulating as sioney } Verton, who was of a very sensitive mature, as to briag future emergencies; he thought so still, but the people | of the war (he great masces of the people are free from | siiy for the continuance of our present excersive amount | diminishes both in proportion to tls abundance nnd in | on a fit of apoplexy, of which he died a tew hours after. demanded some security, and demanded that those pro- | debt. Thanks, at icast, to the Secretary of the Treasury | of paper mi Mr’ Charles Buller, in the House of | proporiion to the swiitness with which it changos hands, | There is not the least suspicion attached to the conduos visions should be inserted in tho written law which | for having berne aloft the motto of ax early resunpticn ‘one, stated that the amount of bank paper in 1884 | Holters of what is called money below the standard of | of Mr. Yelverton, and none more regret his melancholy already oxisted in the unwritien Inw of the republic. He | to specie payments. This, if no more, has prevented the | was betwoon £25,000,000 and £27,000,000, white the | the world are always eager {o part with It; they nover | cnd than his associates and the Board of Directors of thought the nation demanded that hereafter if any State | country from an indeiinile expansion of credits, from | amount of dills of exe in circulation at ooo time in | hoard it. They invest it either in something moreso:id | the bank, allot whom speak of him in the highest mam- seceded or attempted to secede, or entered intoacom- | plunging hendigng into debt; and never, in my opinion, | the same year was £1 23,000, or five times (he amount | or are happy to be rid of tt for even such oxtravagances 1 reposed in him the highest and most unbounded pact oF combiuat'ion with auy other Stato or States for | <hall wo bave a more auspicious moment to initias | of bank notes. On the Ist day of January, 1866 as tirey world feel conld not otherwise be afforded. The nee, the purpose of ultemptiug to secede, it should be dis. | measurcs for a vigorous retirement of the exces | whole bank capital of the country amounted to $403,- | American poople at all times possess 8 wonder‘ul facility | | Meyer's friends state that he did not intend to defrau@ tinctly and piainly stated in the constitution that such | of our paper currency. I wish I could believe tbat | 857,346, but a much more active aud larger capital was | for barent King, and a of the bank, but that he was unable to meet his obliga- State should thoreby forfeit sil. share of power in the Tressury estimates of the recelpis from cus- | made up of Individual deposits, which at the same date | exaggera! tions in consequence of having sustained lowes overnwient of the republic. He thought it the duty of | toms for tho years 1867-83 wore not too large, but | amounted to $513,608,888. By means of the checks of | the same sum of monoy probably changes hands twico | himself; yet itis barely porsibie that a cor will ongress to propose an amendment to thal effect. One | I cannot, and instead of $145,000,000 if we get less by | depositors tuis may bo drawn out daily, and by checks | &@ ie eae 8 asin F, nud, and ia. England threo times | be elfected, as there are-persons in this city who are un- or his objections to the Diil tinder discussion was that it-| $20,000,000 it ouzht to content und be satisfuctory to the | of other depositors or other bankable funda | more frequently than ia France, and in France twico as | derstood to have largo amounts in securities im thee provided no guarantee for ever—and for the simple rea- | Country. The capacity of the South to consume and | an equal amount may be deposited. At tho | frequently ax tn Spain, and {nu Spain five times more | possession belonging to Meyer. son that it was mersly @ law, aud did not touch | pay for immense importations has been vastly overraied, | samme time it is perfectly safe for any bank to calculate | freqnentty than in Russla or Turkey. China and India — even the constitution, by which Congress was | am the ‘cke trade alone probably much excecda tho | that at the close of busines each day the sum total of | appear fo be Serbonian dogs, where. specie once ACCIDENT ON THE HUDSON RIVER RAILROAD. overnod. Thero was nothing stable in it. | entire aggregate of the Southern trado recently re. | the depostis will remain nearly unchanged, and thereby | introduced never more comes to tho light. It —— stored. Tho prompt action £0 generally expected | the baris of discounts {x very Much enlarged. Thus the} goes and stays there, perhaps because it wil | Two Sleeping Cars Thrown from the Track— upon the Tariff bill now pending in tho Senate, | credit of individunis at the banks plays by far the most | buy more labor there than elsowLers; it 1s irrecoverabiy Three Persons Injured and tho Brakeman by which the rates of duties would be somewhat | important figure im modera financial transactions, and | Jost—at all eveuts, to modern commerce. Reported Missing. iuereased, for a tive greatly stimulated importations, | does away with the uecessity of a large volume of banic high authority laid it down ag an axiom “G! bt o’ terday.tnoming tho Otdiianeltt and we have bad both a erchandixe and of | note circalation, besides more than doubling the agyre- | parativo abundance of money, its market vi About eight o'clock yesterday ing revenue by no means to be ant od for the coming | gato working capital of the banke, An unvarying | Yay as the rapidity of the circulation, @ Express train, on the Hudson River Ratlroad, which left year, It is most likely the Sterelary of the Treasury Las | standard of money bas been the decideratum of the | rapidity of tts circulation, the market value will | aiany at a quarter to two o'clock A.M., met with o ‘underestimated the amount of United States bonds held | world; but it has not yet been found, Goidandsiver | vary as ite comparative abundance. Given both the 8 accident near Hydo Park, about eight miles above abroad, and that. {aatead of $50,000,000 not less thaa | have been almost universal accepted as the nearest ap- | quauthy and rapidity, Its value will vary ax the economy | Serious ac vr 8 $500,000.00 of our national securities are so held. So | proximation to that end, because these metals ha in itsuae.”? If this be trae almost any nation would | Poughkeepsie, by which two sleeping cars were throwa longus these romain helow par abroat they wil! ba held | greater intrinsic valne ia proportion to weight, and are | feo the evils of a redundant carrency less than: wat of | trom the track androlled down an embankment®on te mre o7 less a3 faney stocks, likely to be roturned tor re- ‘ortable and durable, Buta bushel of grain inold and | the United States, because the rapidity of circulation alization at avy moment. te they could be made equal {ong settled countcies has been considered a more un- | elaewhore would be generally far more sluggish, The to pat it does not seem to me that the holders would | varying standard of prices than oven gold, om the ground | ¢ifects of an inflated currency, by croating.suddonly n part with a security for which they were receiving six | that i requires @ more uniform amount of labor to pro- | nommat Increase of values, an lemoralized the nation. | o¢ speed to make up for the delay, arriving at the per cont imterest; in order to accept another no better {| duce It. Bot a uniform standard, however desirable, ag work and buy property for a rise, | whore the accident occarred about three hours at three anda half per cent interest. Beyond a question, although | the rigs ruay nave, ceased. | Thus er’ time, when a wheel under one of the sloeping cars broke, when our bonds. bring what they represent, dollar for | worth more than in another, and worth . moro | we have escaped any o ercial tornadoes; but if wo | throwing that car from the track and dollar, a new , payable abroad, could be nevotisted | in cities and towns than in rural districts, because | should be visited by sn & calamity—the usnai se- next after it down to the river, wi very t if it were desirable, a_tve per cont, and perhaps at four | money ia there more abundant and purchases leas of the | quence of war—it is too obvious that we are exposed to | ine ice was 80 thick as to prevent thelr ureskone ‘through, never enti pure, was thus about seven per cent, For. | reaching the sum of $3,000; a eign coins, beyond our power to debase, have been of | bad been invariably honomd,and was'alwaya\muade goo course permitted to be rated at an increased valuation, | punctually to tune. The pound sterling of Great Britain, or sovereign, was | On Wednesday applicationwas made to tha made a lawful tondor in 1794 a $4 44; and in I842 it was | teller to onrtify some of the deck of Moyer &) raised to $4 84, being an Increase of over nine per cent, | that officer deolined to assurme the responsibi ‘he hag ey Court might annul tt; to-morrow another Congross might repes! it, The nation demanded something moro thorough, more definite, more funda- mental, more radical than anything cither in the consti- tutional amendmentor inthe proposed bill, This bill would simply implant in every Southern State a revolu- tiovary government, There would Le two governments in each State then contending for ascenden: 4 it was impossible that they should not come into collision [t mixbt be said that the power of tho vation would be exerted to sustain the one now to be organized. Bat, who would wield that power? The President, not Con~ view, tt was pian that its enactment would simply and nothing more. Gentlemen on the other side con- ment favorable to some further extension of the er | and a half per cont. ore long demonstrate thas | absolute necessaries of life. Educated anit skilled labor | #omething of unrecorded severity. Any axooss af cur- | otherwise the loss of Nfe would have beea very serious, ral government. The area | it is safer to trust the United States at three ands bal | is more vacuable than the wneducated, becavse more | Fency inde nothing to actwat valtioa. ling adoilar a | otherwise the lowached to ihe hind end OF the train, ‘golng on.all over the world, | per cent than any other nutien in the world, but first wo | productive, Labor is worth more jn the spring time | dollar and a haif only brings along the necessity for | rhe first, in which there were seven passengers, the con, must make our present obtigations worth tisir par value tu gold at home, J wish it were trne that the stocks of the United States were not to be found at all in foreign markets; but we are not rich enough to Lold all the good things we produce, Is it not, however, « source of mor- tifeation that Masrachucetts five per vent stock brings moro fn Condon thaa United States sixes? Or that Vir. ginia fivo per cents bi only twenty per cont lesa? Krewe pute content thas RpyptanVghcled at Turk. jab even stocks and harvest than \0 winter, notwithstanding it comts the | marking up the price of every exchangeable commodity S utenel auee hen tim Iuboret were in cathe, food and exposure, because 1m | correspending!y. If this wero to bo dono with mathe. | {wctor and the porter, turned over Wve, of aces. hans the winter anampioyed laborers become abundant. Ag- | matical oxactners nobody would be the gaiuer or the | one man, fell on ita side, One of the passengers in tho fires ricattaral !abor being interrupted mauy who toliow itin | loser. But our circumstances are peculiar. We know car, a Mr. Ham, of Cape Vincent, was injured aboat the its season pursue the trade of artisans: surg the winter, | and have faith that. every dollar issued by the govern- shoulder, but not seriously; another, a lady named and thereby depress the prices of such labor in | ment will be actually redeomed anc paid, and probably |. Griswold, of i, we dene tid fiat plomonta aces reatcod tae peice | potueste wo savedt gold in United Staise uotes and od 104 terat tun) ents ve i oreran ia the Western “States, but the labor to Steck thom idle until resent for much less than oven the distant Brazilian al joorish joa pravents very large reduction | present premium on ‘and would probably gain much ae ee cae eertath soninetot taitacia te tony | waeld be Geoted MO Miguer than the beat ot Usised | io the prices which ibe world at large Continues to pay. | more tban six per schavistoresnrenabeaing Cet te the out theories of government—aside from that he thou, States stocks? Some of these loans at four per cent of | A day’s work in the United Siates be worth twice | Present rate of discount on lege! tendera, Notwith- this bill would answer no good purpose. He ts greatiy inferior, as wethink, to that of | as much xs ia Mexico, but if one thousand men ia Shepton that the pevares lntption pt Paper page mate the consti Serene, ore be preased. on ail the} United States produce one thousand ounces | urally to carry Pape id of gold much higher than the States, and that in addition to it another amendment | of guid or silver for the same amount of labor it requires | 1 mow is, this ing conviction oly should be offered for their acceptance, providing that if Jn Mexico to produce two banured end, any controle the rate 9 ateoam. If she pablo transportation no loorer int aod v point shou orga ange, en pact nates te alorh vit iter anette ations eae euch a would meet the acqu! much or silver to make the same purchase as be. | or postponed, there is no power which could prevont the tion, He did not thiok the failure fore. It is to be noted however, that Chinexe labor, be. | premium oa gold from bounding up to gome of its bigh- States to adopt the am ing that largely employed is our m‘ning regions, is qui estultitudes, Let Congress become weak and vacil- much from an unwil to Tely, will never receive less. No other government has | ascheap as that employed in Mexican imines. In pol lating, and we should goon gee our vurrency as buoyant ee disfrancbising section. met its obligations with more punctuality. If slowly, | of fact the su: abundance of the preciou: ‘as soap buddies and with hardiy more purchasing trieod from Pennsylvania (Mr. the world will surely yet acknowledge the fact. The y that of gold, discoveréd within power. During the war, at whatever sacrifice of present denounced the Secretary of State probiem of how ‘currency or circulating medium } eighteen yotse-Ceadiosnia being already eclipsed by the | Comfort, the people beck of us conducied themselves man he had not proclatmed the constitutional | any Cay 4 requires for the health(at trancaction of ica | colomies of Great Britain—and the facility and cheap. | and voted I'ke statesmen. Let us not suffer in compari- amendment because it had been ratified one Toeny points of disturbance | ness with which they aro obtall has 80 cheapened | 8on by an exhibition here of a more contracted vision Toncey so managed matiere as three-fourths of the States represented in A the markets of iepes ae iteeit hig mig ae. Light a ee bo sos Hg nen to arrange for the regular running of the traine, te Ratton of Tn cosoilcnens sae if om a pet read in 1880. $0 copious ire the suppiies, ‘multiplied | surplus of gold, it naturally is and forever will be TING AFFAIN IN BROWNGVY rm Congress should passa law selliing thet question. “It | he fuddenly st, so, many diferent poinis of tte lobe, | cheaper here thin claeatere.. Bit we have depressed tt eeertiratiabkse gsm Congress. regu! police; enacted | some bject seom yrtant, may expected an cal im) valued, rane The este might: weil py ‘Congres, | snd to whidn t invite apt tne House. | like say wetite, hae more then the cont ot for mn ie vee a fe orton — Twe Mon Mansets eenee4 by a Colored Haw! urdet mock “Leave amou! note circulation of extraction. enormous increase e read men! le or wey Pose taco ‘and b begin re \ wus coaaey a pny 1862, waa 314,000,000, precious metals mey not witimately deatroy thom | quires gold to be paid at the Custom Houre, Brownavisa, Jan, 20, via Galveston, Jan. 24, 1867. gress enact measures as well gen pf and of this $40,000,000 "belonged to the Soath. YP we of —_ - wae wt at | aod a SE tan aetna dat tmnt ‘Two citizens of Brownsville, one a policeman) named 19 melon to such meagures ree oes ciroslation at oo California and ‘Austr Fomains yet to be econ. ‘The | measure of our wants, Beyond this neither government | Henry Allen, from Essex county, New York, amw4 Lega- See coment ant be outvoted by the Taajority, ‘The stato 6, extcaordinary drain of sliver to the Asiatic nations will | nor peuple have any tse for it. | Banks have long since | ger Spicer, a coffee house keeper, originally fram Obie, or btic: ‘firs was complicaisd, ‘and required immo- B02, it wae a year of as iacg® production | not forever the question. ft seems probable, | removed tt from their vaults, It is the cheapest thing | 114 wot and mortally wounded by 8 a Giate and definite action by: ‘The condition of the | and of ag mueh gencral prosperity as any perhaps in our | however, if this drain should continue even fora short | we have to sell. So long as this continues we are main- troops who were insolent end abusive. a. Taree nee juired it, The recta ot the ation reqaired | history. To the amount of ‘ere must beadded a | time longer, tbat all nations will either abandon tie use | taining the paper system tothe great disadvantage of requesved that they be removed from the ant wtite Jeon people deusanded 1 ‘He was not itened by | small amouat for specie i ily cixeu‘ation, Doubtiess | of silver coins or they must speedily debase tiem. foreign nations and to our own loss. While it continaes Datro! wabetituted rene a of farther st-ife and Tiision, ahibough there was 000, 000 “i specie im the conniry, bat that | Otherwise thelr commercial price so much exceeds the | we sinall be tho suijects of foreign piundir and the spoil 4 apse deprecate it as an injury to th» country aad ‘beld by banks is represented by paper, aneqnal amonnt | owtresey value as compared with gold they willbe melted | of gold speculators. Every wan's property is at the ae alon’s Night Bloomi Cereus check to its , Ho. velioved, however, that if | of which ‘a usually retired whenavor specie is demand- pang Soxuine ibe . onthe - Our perience aben sha. faoemaive sae” pat uses Ly Porton ue cy 1 fame Kees ory otrife did come the emerge out of It strong, | ed and temporarily into use. A considerable wer 10 ot in a total seg oon ih r par ‘attle (aromatic). a 900,000; but in 1863, when the production hac beon | money have been YY excessive importations ah t yore totes oun cenit tolcanian ote ceatieay |t se toervhs SPAS Ea Seine sonchey wen oem Soitoniea, ihe rtions were wearly reversed, and | of foreign goods. Whon the siriggio with Napoleon | qinasican hs am , Riness for the strength, the seif- the Meutteoe ae. larger in 1966, certainly, than it was in 1500, except im | gold stood at 67 to Tn fact-che increase of mivar ta | Was over it Was Dot. until yours Jalor that England | woru's’ Palre at A ons ‘ony mano Mentinbjastive and right which it would never couse to | vatioual and these ungsestionabiy create a do- tose white Cg Rae A ramyer eae se ye Wegnes wisiocd Pee eae wget see fagturers exhib m, the . Pleo ) Increase a ia |, among or we a G > ° ‘1a support-of the {Referring 40 We to | of the country. ‘Tt iva convenience, however, that po peta the preceding | eet whe United Al ous eb agety Wake ‘cave eeeeteiee sensi <t nem meinen aenet cen oc tne. canton With what tah als had fallen off about $41,000,000 from | In | 1K38 | our | linport poae Y on , a aise? © ena Wiis eee oe the country when it so much needed friends Can it be claimed that the business of the country re- $16 we go by | a ee oe 5h, Wiad mow ro tee BAPE Sls Soneaty a rtaee. ins ed thelr love to the country on at ‘ites the vast volume of paper currency which now 8 thie Gur exports of tie Py 7 nes CURR. eer ee ied should yield them up tothe control | aundates the land? ct us look at it:— cniy $108,016,090.. Arai, unter ike oreumetancas 18 ‘ow er then ite oes the afin sentence, Notes of culo beake see G2 1a0,08 moore than 4178.198,318 te 1860." AU’ the eames poriods bly be relieved pny qantd mors! 1” would not apply | Notes of State hanks converted, now out- . the excess of specie-atid bullion oxported was very Inrge, for othore of « more “Du'eret a pre y 148,008 ‘The net imports of foreign. merchandiss the past year, oftabatual to this country. . HOON oso cn esate 0,’ vained in gold, amounted to Jd Dy ig an ere Co meat . SravEN, (rop.) of Pa., said be did ane United States notes, legal vel 980,000 $125,000,000 were-in di 0 elyse of the Pedet- ey y, j eine ee ET rf f bullion in Baro; 7 Hion let toore at high prices a vast amount of cotton; bat finastysatmoat paralyes the bowels, render } Kae BE it he did not change 000. ‘The nccomsions | Weerchanged itatence for dress goods. Thee tncts | thet normeus doeae of cathartic, aaa eee ber Total, to thia general stock of th the world since have | Would seom to show that the higher lew of trade and | y je ld aperient, combined Ati, ity eateG-ais ‘theele relieve tee wal tapas Uae Fd been prodigons; but peor to 1848. for nuove than thirty | commerce exerclags a pitiless rigor nravnst those uations | zhi, fho'irne remedy and. combina with reference to it, and (o-morro' 2 States was $40,000,000, nad was at the outset of she 16 years, the apnual did not much more than equal | Which tolerate an oxcessive circu! ‘yg Ltd oth Goduk a bitten re ee a . mare OSS hice Sokae os conton. detlion much Dat the Confederate enrroncy | the anmual waste, I am not able to obtaia any consecu- | It is orem said that °« tae ay Be Teg nh sisaetouine! venl. wetle quell om On motion of Mr, ‘Tarts, (denn) of the Commit | was subsequen: tive re ae bey nateare ; fo bed eT feos Sipe Avndre wn, Mn ree How Soarvolutipne all a, free “Veans ‘to ingu! amount now merica, or only im returns of ot ara tone. Wars.and, eons, oe: eeteene, tea, ce | omens 8 flat hod been prodceed in the United ‘and in Aus- | merelab healtty of ey oof ental. sors Seainacy cutsaincstoas te a + thous bond. tralia; Dut it is known that productions have been value four million ver Ba bs noyeloss by allowing eotton to be comer pb nad ibe ageregate adiiaal pro. | mont. health i ‘mpostibio; | mano h cure * commen ae weet motteing jolten Rates clone ig cow neorly equal to | but sith health we coud otiate all loans for apy a Pare, (rep.) of from the Committes on Pe 4 produced by both the United States and Aus. | ove-sixth loss interest. The three Woedrecsminiaa dol. Fhe fe'ne euticlant franon u reported a bill to provide Be eres Masel | coon 5 ae furs of national bagk currency that would them be con- ia no cul aa rectmmilted wie hang ‘trade, Yreka eanreine, will ae Te EMUNICATION® FROM THR. SRORETARY OF WAR. their cy re. ia oxanetagy ‘The Srzaxee presented a communication from the Seo- | got into circulation, thas not re} \ New Yorke ‘of War relative tothe riot im Norfolk, Va, on ts probably form of infla- See of folating to the imprionn: than it was ‘and the Fair Trinh veues the of the y. Will, , @ missionary the In all the “4 fic ss \ ta the Committee on Freedmen’s 7 the Korg Te} Wa =. 000 a —' THR REMOVAL OF THE PROTESTANT CHURCH AT ROM. $908 son ote, - met Staten nove, Ap legislators we come to money Ems ~¥ A sar oe twenty por cont for whet ls not reported. ‘hit, Homan, | cheap. Familiarity with millions hes beed scontempt | we wisn to continue toad ra bg me oF tbe Bowber® catimated the production of pe a gy oe eee epee lie tyne nna seain Siheemaseatiameanes a to the removal of the Protesiant Church, ‘and os any proposal merely because a iy Starter" aN Ui WO Astor iy me ri Waa ay ane ate he SPEER UWS State! oe a : Tif coon 12,000,000 €000,000~-127,675,000 tho State of the Unio, Me, Welker in the chair, and 4 a ae net) was addessed on the fit a t OR tg co Bally Blacks Clie AROADIAY, Ba —_A_ ee .. Mr, Monarni—Mr, Tm have constantly om basi g lange and wl assoried & Tiigwent, Premio eta tion is avoided by'a precias dewnition and Ii ota, fe. , aN me ing Hechtnes, ‘ond i ) who advocate specie poy fa ‘howe 647,070,000 stivER RE. Rouae! paper money would fix accurate bounda to the 85,817,000 AaNeRa vom, ve Saace-Delictous wit! 89,513,000 BRONZRS, tien 7 po Penna bedinne gg ome 821, 111,000 Lp A '& BONG, Agonta for the Caith f sappose, 1! D resumption do not mean forthwith, and f ,013,010.000 en See al inet it do not mean non-resumption Total sess esses tega ey ys Bhi 116,000 bart A 19 Hale Dye. The In the teens “t nin theit u id 2,116,000 Parent ret bation, ‘Gnid and Silver. tearm map sovtn tne ae saute | setae ea ee nt Har wok loose ta! are aa © asul a if truo, resuma] of apeoio payments by the cannot be obtatned Tatil “there i come Surtaliment the cireaiation of the tonder notes, = #20009,00, mon. pertingy until, by stiffening the tari wel ob outgoing of a = gold. ae, on does ooour tt wi once unl ® large Smount of specie hitherto ‘mindrawa from otreulation, aad, bot ea) a len amount prices a pa Al be roqu! fo disastrous offects neod nM Whe props, ad the Berower of We Paes te Se Coie a Pro. | Wo cenis per the Y th 5 is y Chae remes | lel ont Masns, Caer, Meare ver bisa tr "2 } — . unter enema ne Me Pa ek fi “a Firm Overdraws $250,0004 Sudden Dear which of the Presia. » National Bank of North Amortoa and will be made to the general stock of gold.and silver | The affairs of the — ot of considerable discussion an@ in the world for generations yet to come, We koep | have beom the, subje th of it@ President, Mr. Yelvers ‘out twelve o'clock yesterday, coined are retained by the county. Of all wo have | '% which occurfed ak od iteolf ito immense exe Teach the of rasumptis earlier than the most | vanced price, the amount “id not go beyond $39,129,789, | coined, in other wor threo. more Kk and this {uterest develop — . ; o1 devoted ree of an eM money system | Beyond doubt the trad and commerce Great | the country. Tho aoe ty ey ot phen citement in Wall atrest- lates in the day, when a rumoe would wish, I am no defender of the politics of the | Britain vastly exceed tint of our own or any | no patriotism to coin, and it changes ite allegiance —as © defalcation of $260,008 Secretary of the Treagury, They have beon and are ag | other pation. Its exports in 1864 were $2,645,000,000, | did tbe coins of other nations in past agea, though [01 ‘Was spread to the effect that. ows of the bank, and that distasteful to me as to any of my friends. He is not, | aud yet they find §$155,009,000 of paper by Dracouian laws—whenever tempted by apy int had been discovered by the oM@ py which caused the however, the first mam who has. sought distinction in a | equal’ to all their ordinary’ demands, How possibly computable, The following tal shows the | it was the shock of this! discove réle for which he was unfitted. it that it can be pretended we require so much | -work of our mints ond assay offices since first estab- ,, “he excitemeet con- stone’s Commentaries sought parliamentary Durwg the war it was’ Claimed that tho | lished:— sudden demise of Mr. Yelverton. 4 almost sole%y the tom to increase his fat bat there hia career ons the government absorbed | Gold cvinuge $845,636,600 | tinued threughout the day, and was old board’ and o 7 omembored mr ius’ pointed at him hia ee ee Por br gl oe eae oe to bad nee. i topio.of conversation at the Exchange, sn bere “slow, unmov: our igtant it ebm: colnuge. treet, w! was 10 aye tasietod See high career of 2 sume. contres as quickly as it would if it” hed flowed cl other such {uptitations im and around Wi sire into 9 vd pod but sometimes: pted rough the ordinary of trade; but the 4 | § Total... 0.0 + + therafiairs of the benk were suxiously ing. ? McMorrogh’’ was the result, The ment changed business, did not increase i, and if it did, Whore is it? ha Gonppeared the stability of Us directors and the honesty. Seoretary ere but, ‘the war has ceased and the government is no longer the | value tos see eee, |, and Rot a whit ad- . ny, “of coume not what has been resisted. grand purchaser and consumer of everything upon ‘by the ‘of the Mint. - Among other modes | Mes antmatedly d\ecussed. Other rumors, w we addo@ Pantie) ee ee eras Sco have more | Which it cam lay itshands. It is an absurdity to sup- Sea Se aotaea onal pwned on tended to increase \the eee oenenee, Py ‘as only as cartp as our allver coi the first, te snxiety thus created so far as am concerned, declared that of 600. 900 Shontd best panna partial cmabod, wives! it was announced ym . See eee 7 eee eee an Ido not nial nes investigation of the \"acts, there wae no defalcs oom feiture wise ‘Wrong on finan ever, even was lear J ut been conviction neetions Yecanse Nhe. Hooretany to be right, a etiinter ‘inh the day the directors rade = and by thous wrong polticai, For my: shall not make following statement :—¢There hag been no defa! é have no the mistake of opposing him where my covacience as- more but the Dank everdratt of fmone ré sentation; sures me he is mainly sound and true. Although I think | business of Great Britain now than it did twenty years | value of the two equi to their relative commerc! of this city. TtRe eetirte sum 1a lost, ar eS on he has named a day for the resumption of specie payments | ago, when the business was only half as large. There | value, but to bring into more general circulation. | bank will not be tmppaired more than one-half." It wam now somewhat earlier than it will be possible to ac! ret will be found im one of she partiamentary reporis of 1858 | Neither was secured. The rates of valuo, of ff. | also annoanced“thas & meting of the board will be im. that the unalterable purpose to resume at an curly day 1 have {Evi4, D100) the tesitmeny aivanhy Mn Sister, a wen. teen or to one, soom became chsolete, and gold | mediately held, time books ¢' and @ statement, stitution no doubt is sound im principle, Policy and morals, and if a firm in London largely engaged in commercial | coing, although the standard was ly placed below | signed by the ofleoys of the beak, published, giving the ‘net forth shal! thwart this purpose it will bave doomed | transactions, ranging over several millions sterling | that of silver, were still order to retain in~| Joss sucined: tonalner with tiie atmount of accumulated York. the country to Years of suffering. More than this, y, which sho that their receipts and payments | the country any silver, © , being. worth more than | surplus of the bank. clared any party which undertake seriously io procrasti- the ordinary course of business, when carefully ana- |’ its legal tendor value, bore a premium end was:sold as a A CHICAGO cal OF THE DIFFICULTY. and must tiate the day of our redemption from the evils of an ex- | lysed, held the following ratio for one hundred :— | Commodity, it then’ became The following facts @how pretty Clearly thi nd rulers bee inp At nr hd evil of dear living, will at Reve work of the ru wAtah orvated ¥e much exthiomon® and in ast be overwhelmed by its opponerts, even thongh the | Bank of England notes. 7 and appred-nsi Tmwe years ‘@ broker from Chi- ‘time be latter may not be able at the time to extricate the coun- | Gold and silver. : ago came to this city amd Wusiness under the to assent try. Stroug as we are we cannot afvrd to take the | Bankers’ drafts firm.name of A. J. Mi Co,, at the corner of Broa@ he also th wrong side of such an issue. On the 11th day of street and Exchange piace) and soon ai¥er ned aD ae~ >