16216. Merchants National Bank (New York, NY)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
1370
Charter Number
1370
Start Date
May 3, 1866
Location
New York, New York (40.714, -74.006)

Metadata

Model
gpt-5-mini
Short Digest
33bcb592

Response Measures

None

Description

The Merchants' National Bank suspended/failed in early May 1866 (reports cite deposits drawn or deposited through Apr 20–May 3 and a failure/suspension around May 3–5). Newspapers report the doors remained open briefly but officers could not redeem notes; a government inquiry and military commission examined Major Paulding's deposits; later a receiver brought suit against stockholders (June 1866). No evidence the bank successfully reopened — receiver actions indicate permanent closure/receivership. Cause appears bank-specific (insolvency, bad correspondent exposure and inability to meet government deposits).

Events (3)

1. May 3, 1866 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Large government deposits (paymasters, Interior, Post Office, Treasury) could not be redeemed; alleged losses and exposures (claims on Bayne & Co. correspondent) left the bank insolvent and unable to meet withdrawals; government drafts/deposits between Apr 20 and May 3 increased liabilities and precipitated suspension.
Newspaper Excerpt
The Merchants' National Bank suspension ... The doors of the Merchants' National Bank remain open and the officers remain there making promises of future redemption, but with no prospect of being able to fulfill them.
Source
newspapers
2. May 8, 1866 Other
Newspaper Excerpt
The doors of the Merchants' National Bank remain open and the officers remain there making promises of future redemption ... Gen. Spinner holds above the amount necessary for the redemption of the notes of the bank about $140,000, leaving a loss for the Government of $547,000 ... The official inquiry now going on will soon demonstrate ... Information from Baltimore indicates that nothing of any account will be received from Bayne & Co., of Baltimore. The failure of the Merchants' National Bank has caused a general feeling of dissatisfaction among depositors in other institutions, and to-day quite a run was made upon some others ... there are no other suspensions, however, and it is announced by Maury & Co., that they will resume to-morrow.
Source
newspapers
3. June 14, 1866 Receivership
Newspaper Excerpt
The Receiver of the Merchants' National Bank of this city has brought suit against the stockholders of the bank to the amount of the capital stock of that institution ... under that section of the Currency Act which renders the stockholders personally liable ... This proceeding is in equity, the Receiver praying a judgment for an amount equal to the capital stock.
Source
newspapers

Newspaper Articles (16)

Article from New-York Tribune, May 7, 1866

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the Treasury Depart ment for the week ending on the 5th inst. amounted to $48,753,592,24 The amount of fractional currency issued during the week was $247.5 and the amount shipped to different points throughout the country, $123,578 62. National Bank note circulation, amounting to $1,076,510, issued last week by the Treasury Department. The amount issued up to date is $271,262,165. The actual receipts of the Government from the sources below mentioned for the first nine months of the present fiscal year were as follows: $128,967,375 Customs (eoin) 243.890.548 Internal Revenue 37,183,309 Miscellaneous (premium on gold, &c. Actual aggregate receipt to April 1, 1866 $410,041,232 The same ratio for the remaining three months will make the aggregate for the entire year $540,000,000 without including the income tax now being assessed and collected within the present fiscal year, which added to the amount received up to April 1. will swell the amount of revenue from the sources mentioned to $560,000,000. The disbursements of the Treasury on account of the departments specified, during the week ending to-day, were: War Department, $75,420; Navy Department, $597,681 Interior, $228,515; total, $901,616. INTERNAL REVENUE. The receipts from Internal Revenue last week were $8,306,575 01. THE CONSCIENCE FUND. Treasurer Spinner is in daily receipt of letters contain ing contributions to the " conscience fund' of the Treasuy Department, which, during the past year, have amounted to between twenty and thirty thousand dollars. These restitutions are generally made by anonymous parties, most of whom were Government disbursing officers. The following letter was received by Gen. Spinner on Saturday last. MAY 4, 1866. F. SPINNER esq. Treasurer of the United States Some ten years age few dollars worth of artici les were brought into New-York from Europe as mementoes traveler. He understood at the time that it was not pay duties on such things, and therefore did not do so. He has since come the that he should have paid on well other things he brought and paid for. rate, wants feel that he has done his country injustice and sends herewith the amount, principal and interest. compounded to date, viz., $22. Twenty dollars was also received from an anonymous correspondent, who says that he drew that amount from the Government, which he is now satisfied did not belong to him. CHANGES IN THE ORDNANCE DEPARTMENT. The following changes have been made in the Ordnance Department: Brevet Col.T. T. S. Laidley, assigned to the command of the New York Arsenal; Brevet Col. J. G. Benton, assigned to the command of the Springfield Armory, and Brevet Major-Gen. George D. Ramsey, to the command of the Washington Arsenal. To The Associated Press WASHINGTON May 6, 1866. RINDERPEST AND CHOLERA IN ENGLAND. The Department of State has ved dispatches from the United States Consul at London, dated April 21 wherein it is stated that the cattle plague is decidedly and rapidly on the decrease. and the expectation is general that it will soon wear itself out and eutirely disappear. From the same source we learn that telegram from New-York dated April 8, states that the steamer England had just put into Halifax for medical aid with cholera on board, supposed to have been communicated by emigrants from Gerinany. The Consul proceeds to state that he cannot learn that there is or has recently been a single case of cholera in England and therefore he concludes that the disease was not the result of infection taken from any locality in England Newspapers say that the cholera is on the Rhine and in some localities in Spain and France, but not yet alarmingly prevalent in any of these countries. CESSION OF MINERAL LANDS. It is stated that negotiation of considerable magnitude has just been concluded with the Mexican Minister here which involves the cession to certain leading American capitalists of nearly the entire peninsula of Lower California for colonization purposes and to secure the develop ment of the extraordinary inineral wealth of that territory. The Mexican Government retains an interest in the proof the enterprise, but it 18 understood that the sum advanced ceeds by the parties who have secured the grant is up- of ward of million of dollars, which at this time will be important service to the Liberal cause. The names holding of the following gentlemen appear in the veyance as in trust for the parties: Jacob P. Lease, the privileges F Butler. John Anderson, George Wilkes, Benjamin William G. Fargo, William R. Travers, S.L. M. Barlow, F Francis Morris and Edward S. Sanford. A WHITE MAN CONVICTED BY NEGRO TESTIMONY. the A private letter from Newbern, N.C., says that at a United States District Court now in session in that city, has just been convicted of passing counterfeit white man currency, a black man having been the principal, national the only witness against him. The writer, speaking if not such testimony, says: "This marks a new era the of history of North Carolina under the civil rights principle. GENERAL INSURANCE LAW. has been sent to Congress asking for the A memorial of general insurance law by which companies passage with the United States Treasurer Government may deposit covering the extent of their obligations or amount of bonds in order to secure the insurance 88 in the case of capital banking incorporations. It is claimed that the operation national of such law would give to the really solvant companies the public confidence to which they are entitled. THE PAYMANTER-GENERAL'S ORDER. Paymaster-General Bruce's order to during all paymaster's the procedure of has peremptory. That the army the Government funds should be kept by of the disbursement disbursing officer where the Treasurer draft had placed the said but for the violation of this order them. It is and all the disbursing officers of the Govern Government be entirely secure, by reason of the securities ment would of the Treasurer left expressly for that in the hands Within the last six months Paymaster C. of purpose. had $1,000,000 from various officers, E. Paulding the 11th of November last, on which $300,000 on the 5th of January, four and months $100,000 ago, all that drawn upon the recently which four Merchants National Bank of this city, it suspended had been withdrawn for the payment to of was supposed was $200,000 additional belonging troops. But there that institution. It is claimed that the Government in cover all the bonds which were legitithere is security to Paymaster Paulding, however, has mately placed there. of his conduct by a Commisrequested the investigation and asserts that no money was im sioner of Inquiry, that bank by himself whatever may be properly placed in The Government ill proba the degree of responsibility dollars. bly lose five or six hundred thousand REVENUE CIRCULAR. The following circular has just been issued after the most careful consideration: OF THE INTERNAL REVENU g. TREASU RY DEPT., OFFICE ASHINGTON May 5. 1866. revenuela the internal Three questions have arisen sales under of stocks. exchange, bullion, respecting the tax upon and other securi ities. viz: of as well owa as &c. stocks upon sales oolaed First money Are brokers bank notes liable to tax upon of their those sales belonging their to others? Second: Are bankers. doing general business the duties as such. imposed and selling their own stocks &0. liable and to bankers pay doing business the 99th section upon brokers upon them as by as brokers, in addition to those imposed to bankers ? bankers who sell not only stocks belonging be regarded Third: Are belonging to others. to to a their sales as themselves. bankers doing but also business those as brokers, and therefore liable the two tax upon questions have recently been considered decided by The first Court of the United States. and it has been their sales Supreme first, that brokers are liable 10 % tax money, upon bank notes. by them stocks. bullion, colaed those be of their OWN and other securities. as well as longing 1 promissory to others, notes. bankers doing a general buriners


Article from The New York Herald, May 7, 1866

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Proposition to Purchase Lower California from Mexico. A Tinely Donation to the Liberal Cause. Conviction of a White Man by Negro Testimony in North Carolina. CIRCULAR RELATIVE TO BROKERS SALES. &c. &c. &c. WASHINGTON, May 6, 1866. # INGERSOLL'S VENOMOUS SPEECH-THE RADICALS DISGUSTED. Mr. Eben C. Ingersoll, a fat Congressman from Illinois, is in the market for fame. He delivered an invective speech against the President in the House on Saturday, during the sleepy session, which surpassed in foolishness anything yet pronounced, not excepting Thad Stevens' famous attempt at irony. Mr. Ingersoll's speech excites considerable comment among his friends to-day, and he has been importuned by them to expunge a few of its objectionable paragraphs before it appears in the Globe. The Fat Contributor will not yield. He delivered the diatribe to create a sensation, and he has accomplished that purpose. The sensation, however, is of a different kind from that which he intended; something similar, in fact, to that created by his exhibition in front of the Speaker's table during the closing hours of last session-a sensation closely akin to disgust. Several republican members threaten to object next Friday to the motion for an ornamental session on Saturday. THE MERCHANTS' NATIONAL BANK SUSPENSION has been the subject uppermost in the gossip of the past few days, We learn the following facts in regard to the government's connection with the affair, gathered from responsible sources: The account of Paymaster Paulding originated by a draft on the Treasury for two hundred and fifty thousand doliars, and subsequently oD other drafts amounting in the aggregate to six hundred and fifty thousand dollars. Having money on deposit at Richmond and no occasion to use it there, three hundred and twenty thousand dollars in two drafts was also transferred and deposited in the Merchants' National Bank, against which from time to time drafts were drawn to meet the disbursements of the office. Last week he officers of the bank requested the transfer of two hundred thousand dollars from the First National Bank of this city, which was declined. The Cashier of the latter bank is alleged to have recommended such action, sta'ing that the deposit would enable the Merchants' National Bank to get through, and that the best way to save the three hundred thousand dollars still remaining undrawn would be to put in the two hundred thousand dollars; but this reasoning was not looked upon as sufficient to risk five hundred thousand dollars. As the matter now stands Bayne & Co., of Baltimore, have made an assignment, preferring the suspended bank to the amount of two hundred thousand doliars, and have given the remainder of their assets to be distributed pro rata among the balance of their creditors. The value of their assets is not positively known, but is variously estimated at from two hundred and fifty to three hundred and fifty thousand dollars. It is also asserted that several of the departments, the Post Office and Interior, had sums deposited in the same bank. Major Paulding has requested a court of inquiry to examine into the affair. He has been chief disbursing officer here during the greater portion of the war, and has expended on account of the government hundreds of millions of dollars. It may be added that the Merchants' National Bank was an authorized public depositary, otherwise the Treasury would not have given the money. # NEGOTIATIONS FOR THE PURCHASE OF LOWER CALIFORNIA. It is stated that a negotiation of considerable magnitude has just been concluded with the Mexican Minister here which involves the cession to certain leading American capitalists of nearly the entire peninsula of Lower California for colonization purposes and to secure the development of the extraordinary mineral wealth of that territory. The Mexican government retains an interest in the proceeds tof the enterprise; but it is understood that the sum advanced by the parties who have secured the grant is upwards of a million of dollars, which at this time will be of important service to the liberal cause. The names of the following gentlemen appear in the conveyance as holding the privileges in trust for the parties:-Jacob P. Lease, Benjamin F. Butier, John Anderson, George Wilkes, William G. Fargo, William R. Travers, S. 1. M. Barlow, Francis Morris and Edward S. Sanford. # A WHITE MAN CONVICTED ON A NEGRO'S TESTIMONY IN NEWBERN, N. C. A private letter from Newbern, N. C., says that at the United States District Court, now in session in that city, a white man has just been convicted of passing counterfeit national currency, a black man having been the principal if not the only witness against him. The writer, speaking of such testimony, says:-"This marks a new era in the history of North Carolina, under the civil rights principle." # AMENDMENTS TO THE TAX LAW. The Committee of Ways and Means have taken off the tax on railroad iron, and adopted the spirit and beer law very much as recommended by the revenue commission. They have also added a large number of articles to the free list. The report that the tax on matches has been repeated is an error. The subject was never proposed. The revenue bill to be introduced to-morrow will be double the size of the first bill. CIRCULAR FROM THE INTERNAL REVENUE OFFICE RELATIVE TO BROKERS SALES. The following circular has just been issued after the most careful consideration:- TREASURY DEPARTMENT, OFFICE OF THE INTERNAL REVENUE, WASHINGTON, May 5, 1866.) Three questions have arisen under the internal revenue laws respec ing the tax upon sales of stocks, exchange, bullion, coined money, bank notes and other securities, viz:- First-Ars brokers liable to a tax upon the sales of their own stocks, &c., as well as upon sales of those belonging to others? Second-Are bankers doing a general business as such, and selling their own stocks, &c., liable to pay tue duties imposed by the ninety-ninth section upon brokers and bankers doing business as brokers, in addition to those imposed upon them as bankers? Third Are bankers who sell not only stocks belonging to themselves, but also those belonging to others, to be regarded as bankers doing business as brokers, and therefore liable to a tax upon their sales? The first two questions have recently been considered by the Supreme Court of the United States, and it has been decided by then, first, that brokers are liable to a tax upon their sales of their own stocks, exchange, bullion, coined money, bank notes, promissory notes and other securities, as well as upon those belonging to others; second, that bankers doing a general business as such, making returns and paying duties and taxes imposed by law upon their capital and deposits, who negotiate and seil government securities as agents of the government, and who, at the same time, buy and sell government securities for themselves, and do not for others, or for a commission, are not liable to a tax upon such sales. The third question has not been directly adjudicated by the Court, as it has not been directly brought before it. It has been the rule of the office, however, that when a banker is engaged in selling, not only his own stocks, &c., but also stocks, &c., for others for a commission, hie is a banker doing business as a broker, and is liable to a tax on all his sales-sales of his own stocks, bonds, government securities, &c., included. This seoms clearly sustained by the reasoning of the court in its recont decision, and will be regarded as the requirement of the law. Assessors and their assistants, and collectors and their deputies, are hereby instructed to proceed at once to the assessment and collection of such taxes as have ne-crued upon the saics of brokers, or of bankers doung


Article from The New York Herald, May 9, 1866

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ceeded to say that we h now gone far enough in that direction, that the wa was over, and that our policy and safety were in ret rning to the constitution, adhering to its provisions and frowning down all departures from it. Senator Harr's assigned substantially the same reasons for his Vosition to the bill, and but few were disposed speak in its favor. THE MERCHANTS NATIONAL BANK FAILURE. The excitement connected with the suspension of the Merchants' National Bank has comparatively subsided? An examination has been going on for two days, under the auspices of the government, and is not yet con cluded. The military commission convened by special order from the War Department, as published in this morning's HERALD, met in Union block and organized for the trial of Major Paulding. A few witnesses were examined and the court adjourned till to-morrow. The failure of the Merchants' National Bank, which was an authorized government depository, has awakened much discussion and not little anxious solicitude among the friends of the national banking system. Such affairs need not be frequent to completely destroy the public confidence in all such institutions. Mr. Washburne has already moved some legislation on the subject. THE TAX ON BROKERS AND BANKERS- DECISION OF THE ATTORNEY GENERAL. The Secretary of the Treasury has received the following opinion from the Attorney General ATTORNEY GENERAL'S OFFICE, May 4, 1866. SIR It appears to be clear, under the statutes of the Internal revenue and the recent decisions of the Supreme Court in the brokers and bankers cases, that bankers who negotiate sales not only of stocks belonging to themselves, but also of stocks belonging to others, are denominable 'bankers doing business as brokers, and are liable respectively to pay the prescribed duties upon the amount or all such sales. In the case of the United States VS. Cutting et al. the question swhether sales by brokers of their own stocks, exchange, bullion, coined money, bank notes, promissory notes, and other securities. well as sales by them of stocks and other property belonging to others, were subject to duty In expounding the statutes the Supreme Court regarded the amendm made by act of March 1865, to paragraph nine of the seventy ninth section of the act of Juno 1864, which defines for the purposes of the law the term broker, as in effect amendment to the ninety -uinth section of the act of 1864, which prescribes the duties leviable upon me sales by brokers of stocks and other securities. It was, therefore, held in that case that sales made by brokers for thems elves were subject to the same duty as those made for others, In the case the United States vs. Pisk a al, the question presented for determin nation was whether bankers, doing general business as such who sold government securities for themselves and not for others, or for commission, were subject to pay upon such sales the duty cribed by the ninety ninth section of the statute of 1864, the Su preme Court held that they were not so liable The decision proceed 1:-It would appear upon the ground that the defendants were not doing business as brokers'' within the eaning of the statute 'The purpose and intent of the Legis in the ninth paragraph of section seventy. nine.' said Mr. Justice Grier, in delivering the opinion of the Court, was evidently not to change the correct definition given of the term broker. and to make mean that every man who sold his own securities was broker, and liable to pay fifty dollars for license. The obvious purpose of the amendment was to compel brokers render an account of all sales made, whether for themselves or others, and to pay duty on them. As is often the case in statues, through the intention is clear, the words used to express may be ilt-chosen The evil intended to be remedied by the amendment was transparent. If the amendment bad been properly expressed it should have been added as proviso to the ninety ninth section. which relates to the rates of duty to be paid on sales made in the stock market by brokers or others licensed and doing business such It seems to me corollary. from the propositions affirmed by the Supreme Court, in these adjudications, that person doing general business: a banker, who at the same time prosecutes the business of selling stocks and other securities for others as well So for himself is liable to pay tax upon all his sales, long as his sales are limited to his own securities bis transactions do not become those of a broker but when in addition to such sales he negotiates sales of securities for others, he engages in the business of broker and becomes banker doing business as a broker. A broker and banker doing business as broker stand on precisely the same footing in the statute. Both are tioned in the ninety nmth section as subject to the payment of the same duties upon the sales of the kinds of property there enumerated The Supreme Court has setiled, as we have seen, that brokers are liable to pay duties all their sales, those of their own property as well as the property of others Lankers therefore doing business as brokers would seem to be subject to the same liability. They are chargeable under the provisions of the ninety ninth section of the statute with ment of duties upon all their sales. The exemp tion of bankers sales their own securities from duty is maintained only think, where the bankers do not prosecute or carry on business brokers. in the case of those who, in other ords, do notengage in the business negotiating purchases or sales securities for the benefit of other parties. But no exemption can be claimed by bankers who do engage in such business favor of sales which they may negotiate of their own Statute requires them. in my opinion, make the Fame returns of Sales as are made by brokers, and subjects their to the liability of paying, like brokers, duties upon all sales stocks and securities by them negotiated, whether for the benefit of themselves or of Iremain yours. with great respect, other J. HURLEY ASHTON. Acting Attorney General Hon Hear MCCULLOCK, Secretary of the Treasury THE CHICAGO COLLECTORSHIP. It is now generally believed that Brigadier General Mann will be appointed Col lector at Chicago, vice Luther Haven, deceased APPOINTMENTS BY THE PRESIDENT. The following names were yesterday sent to the Senate 1 of confirmation to offices in isconsin Brigadier Gen eral Cassius Fairchild, United States Marshal; Mr. Gilette, Postmaster at Fend du Lac, and Brigadier General E. 8 Bragg, United States District Attorney CONGRATULATIONS TO THE C%AR OF RUSSIA The joint resolution of congratulation to the Czar of Russia upon his escape from the late attemptat assassination was passed in the Senate this morning as it came from the House. TREATIES WITH THE INDIAN TRIBES ON THE P AINS. Colonel Nedj W. Wynkoop. who was recently ordered by the War Department to report to the Interior Department for the special purpose of effecting treaties of peace with the warllke Indian tribes of the plains, has just returned to the city, having in a satisfactory manner accomplished the object of his mission. The Colonel convoued councils|from the Chayenne and Arapahoe, and other threatening tribes on the 1st of March The Grand Council was held on Bluff Creek below the Arkan. sas river, some eighty miles from Fort Larned. After long deliberations a treaty of peace and amity was effected under the terms of which the Western netthere and the emigration, 672 route, will be entirely free from further motestation. This treaty was effected with the most solemn observances. and will be thoroughly binding on the Indiana. The provisions have met the cordial endorsement of the authorities here, and no further trouble on the plains need be anticipated Col Wynkoop has performed the arduous duty imposed upon him in a satisfactory manner to the War and Interior Departments, and to all who are interested in the deve lopment of the great West. EXPECTED DISCHARGE OF VOLUNTEER GENERAL OFFICERS. s remored in in military circles that an order discharg. ing all volunteer general officers will emanate its few days. Most of these officers hold com missions in the regular army, and in consequence of the expected order they will only reduced to subordinate positions, and will not be entirely mustered out THE COLOMBIAN COMMISSION has few heavy cases under consideration for this week, adjuar sine die on the 18th inst. FRACTIONAL CURRENCY The United States Treasurer yesterday authorized the shipment of forty five thousand dollars in ira tional car rency to different banks.


Article from The Wheeling Daily Intelligencer, May 9, 1866

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# The Merchants' National Bank. NEW YORK, May 8.-The Tribune's Washington special says: The doors of the Merchants' National Bank remain open and the officers remain there making promises of future redemption, but with no prospect of being able to fulfill them. It appears that there was on deposit from the Interior Department on account of Indian funds, $32,037; Postoffice Department, dead letter fund, waste paper fund and disbursing clerk, $9000; Treasury Department, $5000, and other paymasters and quartermasters, $640,163; total $687,000. Gen. Spinner holds above the amount necessary for the redemption of the notes of the bank about $140,000, leaving a loss for the Government of $547,000 without having recourse to stockholders or counting upon the probable non-return of a large portion of the notes of the bank, or the bank recovering or having anything from the general asset of the concern. The official inquiry now going on will soon demonstrate the amount of the private deposits, their liabilities and assets. Information from Baltimore indicates that nothing of any account will be received from Bayne or Bayne & Co., of Baltimore. The failure of the Merchants' National Bank has caused a general feeling of dissatisfaction among depositers in other institutions, and to-day quite a run was made upon some others, and a large amount of deposits have been removed to Jay Cooke's, the First National, and to the U. S. Treasury. There are no other suspensions, however, and it is announced by Maury & Co., that they will resume to-morrow. On May 1st there was in the various depositories $24,223,730 35, for which there are Government securities held by Gen. Spinner amounting to $36,114,500.


Article from Daily Ohio Statesman, May 9, 1866

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Telegraphic FROM WASHINGTON. The Bank Panic General Run on Depositories NEW YORK May The Tribune's Washington special says: The doors of the Merchants National Bank remain open and the of officers remain there, making promises future redemption. but with no prospect that being able to fulfill them. It appears there was on deposit. from the Interior Department, on account of Indian funds.$32. 937: Postoffice Department, dead letter fund, waste paper fund and disbursing clerk. $9,000; Treasury Department, $5.000: and other paymasters and quartermasters $040,163; total, $687.000 Gen Spinner above theamounto ary for the redemption of the notes of the Ban about $140, 000, leaving loss for the Governmen of $547,000 without having recourse to stock holders or counting upon the probable nonreturn of a large portion of the notes of the Bank, or the Bank recovering, or having thing from the general assets of thecon cern. The official inquiry now going on will soon demonstrate the amount of the private deposits. their liabilities and assets. Information from Baltimore indicates that nothing of any account will be received from Boyne, or Boyne & Co., of Baltimore The failure of the Merchants' National Bank has caused general feeling of dissat isfaction amo: g depositors in other institutions, and to-day quite run was made some others and large amount of deposits have been remove ed to Jay Cooke's the First National, and to the United States TreasuThere are no other suspensions, & however. ry. and it is announced by Maury Co that they will resume to-morrow On May 1st there was in the various public depositories $24,223,730.39. for which there are Government securities held General Spinner amounting to $36,114,500 Condition of the Freedmen in Virginia. The inspector of the Freedmen's Bureau in Virginia has just reported to the Assistant Commissioner at Richmond the result of a thorough investigation of the affairs of the freedmen in the State, of which re- he has just completed an inspection. His port, on the hole. is comparatively favorable. He represents the various colored schools generally well attended, and the prejudice existing against the freedmer slowly but steadily diminishing. Thesani tary condition of the freedmen has far improved throughout the State that all The bureau hospitals have been abolished. employers, in compliance with the terms of their labor contracts, are furnishing the requisite medical attendance. The demand for labor generally exceeds the supply in all portions of the State. The wages of dol- the male freedmen average about twelve lars per month, including food, quarters medical attendance. Public Lands. The Senate committee on Public Lands have several important measures before them. which will be reported in a few days looking to an early development of the northwest Several leading railroad men are here in conference with them. among whom is Mr. Morse, who urging legislation to insure the completion of the road from St. Paul to Bay yfield, which makes au outlet to the lakes. Opinion of the Commissioner of Internal Revenue. The Commissioner of Internal Revenue in a letter of reply to a gentleman of Buf falo. N.Y dissents from the recent decision of Judge Smalley of Vermont while sitting in equity on the western part of New York. The Commissioner says that the rule laid down by Judge Smalley as to the cases which he thinks the Judge ought not to in give aid to the assessor. must he supposed. be takenas the rule of that district. as Judge Hall appears to concur in the opinion of Judge Smalley. But as to the right of making second sessment the Commissioner does not regard Judge Smalley's opinion. even in bis district, either as an authority be or a precedent; for his decision cannot deemed to extend as 3 precedent in its legal effect, beyond the point on which the case occurred, viz., the assessor's right of investigation in the manner proposed in that class of cases represented by the case of Mr. Brown,whichelass embraces only such assessments as were made prior 1864 to the time when the law of June 30, took effect.and not such assessments ashave been made since that time. The rest of the Commissioner' opinion contains views called for by the case virtually before the court. Precaution Against Cholera. Dr. Sayre of New York, at the head of committee of eminent physicians appointed asby the Medical Convention recently sembled at Baltimore, were to-day in conférence with the Senate com ittee of Commerce, for the purpose of devising some legislation to prevent the introduction and spread of Asiatic cholera in the United States. After free interchange of views the committee unanimously instructed their Chairman to report joint resolution to the effect that the Secretaries of War and the Navy, with the co-operation of the Secretary of the Treasury, shall cause an efficient and uniform system of quarantine against the introduction into this country of Asiatic cholera through its ports of entry. Officers of the Freedmen's Bureau Arrested for Malfeasance Dispatches from North Carolina reveal further acts of malfeasance on the part of in the agents of the Freedmen's Bureau that State. Col. Whittlesy, the Commission er for that State, and several of hissubordi nates, with the assistance of 'soine Massachu setts philanthropists, it is alleged have beer discovered running plantations on private account and working delinquent or disorderly darkies on them for punishment Several arrests have been made, and more will be, reported. Suits Against Simon Draper by Claimants of Cotton. The Times' Washington special says Nearly all the claimants of the cotton seized the Government at Savannah have comby menced suits in the United States District Court of New York against Simon Draper. Cotton Agent, for the recovery of the value of the cotton. The suits number one hundred and twenty-two and a strong array of counsel has been retained by the plaintiffs, amoug whom are James T Brady, W.M. Evarts and others of equal ability. Affairs in South Carolina. Gen. Sickles, who arrived here yesterday with several members of his staff from Charleston, had an interview with General Grant to-day. Gen. Sickles reports affairs gradually improving in the State. The labor question is well settled and the lawless operations in the Northwestern portion of the State have ceased Gen. Sickles having declined the mission to the Hague, will probably return to the


Article from Cleveland Daily Leader, May 9, 1866

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The Cuba Telegraph Bill Signed. Washington News. The Merchan National Bank. NEW YORK, May The Tribune's Wash ington special says The doors of the Mer chant's National Bank remain open, and the officers remain there making promises of future redemption with no prospect of being able to fulfill them ng It appears that there was on deposit from the Interior Department, on account of Indian funds, Postoffice Department dead letter funds waste paper fund, an disbursing clerk. $9,000 Treasury Depart ment, $5,000 Paymasters and Quartermas total. $687.000. ters, General $640,163 Spinner holds above the amount necessary for the redemption of the notes of the bank about leaving a loss for the gov ernment of $547,000, without having course to stockholders, or counting upon the probable non return of a large portion of the notes of the bank. or the bani recover ing anything from the general the The official inquiry going soon demonstrate the the private deposits, their liabil ities and assets Information from Baltimore indicates that nothing of any account will be received from Bayne of Baltimore. The failure of the Merchants' National Bank has caused general feeling of dissatisfaction among depositors in other insti tutions. and day quite run made upon some others, and large numbers of de posits have been removed to Jay Cooke's the First National Bank and to the United States Treasury There are no other suspensions, however, and announced by Maury & Co. that they will resume to morrow Financial On May 1st there was in the various publie depositaries 9, for which there are government securities held by Gen. Spinner amounting to $36,114,500. The Freedmen. S The Inspector General of the Freedmen's Bureau in Virginia has just reported to the Assistant Richmon the result of a thorough inves tion of the af fairs of the freedmen in the state of which he has just completed an inspection. His report, on the whole, able. He represents the various colored schools as generally well attended. and the prejudice existing against them slowly, but steadily diminishing The sanitary condi tion of the freedmen has SO far improved throughout the state that all Bureau hospi tals have been abolished, the employers, in compliance with the terms of their labor contracts. furnishing the requisite medical attendance. Demands for labor greatly ceeds the supply in all portions of the state The wages of the male freedme about twelve dollars per month, including food. quarters and medical The Senate Committee on public lands have several important before them which will be reported in days looking to the development of the North West. Several leading railroad men are here in conference with them. among whom Mr. Morse, who is urging Legislature insure the completion of the road from St. Paul to Bayfield, which makes an out let the lakes. Internal Revenue Case Discussed The Commissioner of Internal Revenue in letter of reply to a gentleman of Buffalo. dissent from the recent decision of Judge Smalley of Vermont, while sitting in equity on the Western part of New York The Commissioner says that the rule laid down by Judge Smalley, as to the cases in which he thinks the Judge ought not give aid to the must, he supposes, taken as the rule of that district. as Judge Holt appears conour in the opinion Judge Smalley the right of mak N Second Assistant not regard Judge a opinion, even this district either an authorit or pre cedent, for his be cannot deemed extend as precedent, and its legal effect beyond point on the turned, viz: the right the cases represented the Brown. which such only made prior to the time when the law of June 30th, 1864. took effeet, and such as have been made since that time. The rest of the opinion contains views not called for by the case not actually before the court. Cholern Dr Swayne, of New York, at the the head of the eminent pointed by the medical recently Baltimore, in session with Senate on Commeree, the purpose of devising some legislation prevent the and spread of choleral in the United States Af TH free interchange of views the commit tee unanimously instructed their chairman to report joint resolution to the effect that the Secretaries of War and the Navv. with the operation the Secretary of the Treasury, shall form system in troduction into the country of chol era, through its ports of entry Bill Signed. The Herald's special says the President has signed the bill incorporating the inter national telegraph company, between this country and Cnba. Senator Dixon. Senator Dixon expects to leave for his home in Connectic within ten days. His improvement here gradual but will probably be accelerated by the quiet of home life After Another Instalment Mr Banker, on behalf of the Union Pa cific Railroad. is here for the purpose of obtaining another of United States bonds in payment twenty .fi additional miles of road lately cepted by the Com The line now impleted be yond Fikh bridge about sixty five miles westward from Omaha Suspended, The War Department has suspended the payment of over one hundred discharged officers who have failed to make the proper returns From North Carolina. Dispatches from North Carolina reveal further acts of malfeasance on the part the agents of the reedmen's Bureeu in that State. Colonel Whittlesy. commissioner for the State, and several his subordinates. with the sssistance of some Massachuserts phi lanthropists, it is alleged, hayo been dis covered running plantations private ac count and or disorderly darkies on them for punishment. Several arrests have been made, and more will be, is reported. The Cotton Selzure. The Times' Washington special says that nearly all the claimants of the cotton seized by the Government at Savannah have com menced suits in the United States District Court of New York, against Simeon Draper, Cotton Agent, therecovery of the value of the cotton The suits number one hun dred and twenty and strong array of counsel has been retained by the plaintiffs S among whom are James T. Brady, W M. Evarts and others of equal ability General Sickles. General Sickles, who arrived here yesterO day with several members of hisstaff, from harleston. had an interview with General


Article from Daily Davenport Democrat, May 9, 1866

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LATEST NEWS BY TELEGRAPH. From New York. NEW Your, May 9 The Herald's special says: There is no longer reason to doubt the President's action Colorado bill. His intention to is it is jection veto on it orged agbinst the unmistakeable. The depended principal tb ab. the and unstable its are population, floating although there character others of suff ciently mid. The excitement conmoded with the suspension of the Merchants' National Bank has comparatively subsided. An examination has been going on for two days under the auspices of the Government, and is not yet concluded. The military commission, convened by special order from the War Department, met in Union Block, and organized for the trial of Maj. Paulding. A f w witnesses were examined, and the court adjourned till to morrow. It is now generally believed that Brig Gen. Mann will be appointed Collector at Chicago, rice Luther Havens deceased. The following names were sent yesterday to the Senate for confirmation to office in Wiscons Brig. Gen. Cassius Fairchild, S. Marsbal ; Mr. Gillett, postmaster as Fon du Lac: and Brig. Gen. E.S. Bragg, U. S. District Attorney. It is rumored in military circles that an order discharging air volunteer general offi cers will pass the Senate in a few days.Most of these officers hold commissions in the regular army. ar d in consequence of the expected order they will only be reduced to subordinate positions, and will not be entirely mustered out. The United States Treasurer yesterday authorized the shipment of $45,000 in fractional currency to the different banks. The Times' special denies the statement that there was general distrust of the banks in Washington, and says no run has been made upon them. The Times' special Fays: Secretary McCulloch who on a trip to Fortress Monroe and back, leaving here on Saturday and re. turning on Monday morning last, had while at the Fortress, a few moments conversas tion with Jeff. Davis. There was nothing of special interest in the interview, the conversation being general and quite brief.Davis is not enjoying very good health. The Government has finally determined to hold the gold claimed by the Richmond banksas belonging to them. Some account of the seizure of which, ( have given already. The proofs seem to establish clearly that the gold belonged to the so-called Southern ConD federacy and was on deposit with the banks It subject to the control of the Confederacy 11 The Tribune's special says:-The com IL mander of Indian affairs is making arrang n ments to hold a council with the Indians o he plains at Fort Laranie for a truncy with 10 them. A tel grain was received yesterday ut rom E. B. Taylor, Superintendent r Omaha, stating that 20,000 Indians will at e end, and desires to know what substance can be furnished thein. he n. The Senate special committee appointed le to examine into the present telegraph sys 1 tem have called upon the Post Master Gen at eral for a report in regard to the expediency of connecting it with the postal system. The u Postmaster General is DOW engared upon a his report, and will have it ready to submit in to the Committee in a few days. Until it a received no action will taken by the Com n mittee. o: The Senate Committee on Foreign Affairs it to day unanimously agreed to report Gen he Sickels OR Minister to Hague,and all Ireports t of a y Iverse action are false. General of Sickels to day officially informed the Secre at tary ofState of his declination of the position r He desires to return to his present com c mand, and was torday notified by both the Secretary of War and Gen. Grant that he of could do so. u The President to-day pardoned Stewart r: 31 J. Moffatt, convic ed of having counter leit money with the intention of passing it d Gen. Rufus Ingalls has been ordered on in inspection tour of military posts through n out Kansas, Colorado, Idaho, Oregon, Mon 92 an and California. The special committee on the Provost e Marshal's Bureau. have passed a resolution 11 that their proceedings shall be kept ser cure. The statement that the matter was likely to be dropped, circulated by the y friends of Mr Fry. is slightly incorrect p The matter will be thoroughly prob+d. n is It should be known that the Redemption r Division of the Treasury will receive pack a ages of mutilated national currency in sums amounting to o er three dollars. So s many packages of that amount are receive ed, that it is thought that the people are It the opinion that is the limit. it The afternoon dispatches were received too late for this issue.-[ED. Dex.] d


Article from The Evansville Journal, May 10, 1866

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NEWS VIA NEW YORK. NEW YORK, May 9.-The Herald's special says there is no longer room to doubt the President's action on the Colorado bill His intention is unmistakable. The principal ob jection urged against it is reported to be the floating and unstable character of its population, although there are others sufficiently valid. The excitement connected with the suspension of the Merchants National Bank has completely "subsided. An examination has been going on for a few days under the auspices of the Government'and is not concluded. The Military Commission, convened by special order from the War Department, met in Union Block, and organized for the trial of Major Paulding. A few witnesses were examined and the court adjourned until to-mor


Article from Cleveland Daily Leader, May 10, 1866

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rp WISCONSIN OFFICE HOLDERS. ly From Washington. y President and the Colorado Herald's special Bill. says al The NEW YORK, May S.-The to doubt the d There is no longer the room Colorado bill. His President's action it on is unmistakable. is The objection urged unstable re intention principal to veto against it char- are rethe floating and there y acter ported of to its be population, although e others sufficiently valid. 5, The Merchants' National with Bank, the suse excitement connected National Bank The the Merchants' examina11 has pension comparatively of subsided. on for two An days under it is h the tion auspices has been of going the Government, and e by not yet The concluded. Trial of Major Faulding. convened The Military orders from Commission the War Department, for the met special in Union block, and organized A few witnesses were trial of examined Major Paulding. and the court adjourned till to-morrow. Rumored Appointment. is now generally believed be appointed that Briga- Colceased. lector dier It General at Chicago, Mann vice will Luther Haven, deNominations. sent to The the Senate following for names confirmation General were yesterday Cassius to offices Fair- in Wisconsin United Brigadier States Marshall Mr. Brigadier Gillette, child, Fon Du Lae, and District Postmaster General E. S. at Bragg, United States Attorney. Rumored General Order. is rumored in military volunteer circles that general an few days. order It mustering emanate out all in commissions a in Most the officers will officers hold of the of these and in consequence reduced to regular army, they will only be be enexpected subordinate order positions, and will not tirely mustered out. Miscellaneous Items. States Treasurer yesterday fracThe United the shipment of 85,000 in authorized to different banks. tional currency special denies the statement of the The Times' general distrust has banks that there in Washingron, was a and says no run been made Times' upon special them. says to Secretary Fortress Mon- McThe who made a trip here on Saturday and back, last, Culloch, roe and leaving Monday morning moments' had, conreturning on Fortress, a few There was while at the with Jeff. Davis. interview, versation special interest in the and quite nothing of being general very good brief. the conversation Davis is not enjoying health. Government has determined to banks hold The gold claimed by the Richmond account of the as belonging to them, already given. seizure of to establish clearly proofs seems to the so-called the which I have some Southern with that The the the gold belonged and was on deposit Confederacy. banks, Confederacy, subject to the drafts of the Indian Affairs. CommisThe Tribune's special affairs says is making the Indians arrange- on sioner of Indian council with the treaty with ments to hold at a Fort Laramie, for a the them. A telegram superintendent day Plains, from E. B. Taylor, 20,000 Indians received will yester- at. at Omaha, and states desires that to know what subsistence tend, can be furnished them. Telegraph System. The Senate's The special present committee, telegraph appointed to examine called into the upon the Post Master expedien- Gentem, have report in regard to Postal the system. connecting it is now engaged eral cy The of for Postmaster a General with will the have it ready Un- to his report, and in a few days. the The til submit to upon it is received the committee no action will be taken by committee. Senate Committee on to foreign report Sickles affairs to-day unaminously to Hague, agreed and all reports of false. any as Minister action are unqualifiedly officially informed edverse General Sickles of to-day State of his declension to his of the Secretary He desires to to-day return notified this present both position. command, the Secretary and so. of was War and General Grant by that he could do Miscellaneous. The President of having pardoned counterfeit Stewart money Moffitt, with the convicted intention Rufus of passing Ingalls it. has military been ordered posts General inspection of the Montana and on of Colorado, an Utah, Oregon, Provost California. Committee on the resolution Marshal's The special Bureau have shall passed Lapt a secret. likely that their proceedings that the matter was friends The to be statement dropped, is slightly circulated incorrect. by the The matter of Mr. will It Fry, should be thorovghly be known probed. that will the receive redemption pack- in division mutilated of the Treasury National Currency So many ages of to three dollars. that it sums amounting sum are received that is is the limit. packages thought people of that are of the opinion


Article from Daily Davenport Democrat, May 10, 1866

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LATEST NEWS BY TELEGRAPH. "rom New York. NEW YORK, May 10. says: The Tribune's special D. The Danish, argu ments in the cases of the John Madero, Good Return, and the Constantia, which have been in litigation for nearly 50 years, were concluded to-day, bef re the Mixed Committee, under the convention beUnited States and Frederick Bruce as tween Sir the sitting whole$5,000, New umpire. Grenada, These involving in the 000. one half of this amount only cases half is claimed of this Grenada, the other been and Venezuela. amount by by Equador New having heretofore The recognized decision will .e rendered The within special eight days. The Tribune's says: Comof Pensions has on the of claims for missioner filing pensions decided the that last. the 6th section of the supplementact of 1861, every which a claim for pension ary clause in of July, provides that shall in have filed more than three years of the party on discharge case been ordecease the pension, after who-e the account the claim is made, it a lowed, shall commence from the date of the last paper in each case, by the party prosecuting the same. Many cases have in which minor children, after the death of the t received a pension, a arisen having or re-marriage widow, have witho filed claim more than three years after the death of the father, but less than three years after they wore first entitled to make a claim un der the law. The Commissioner decides that in all such cases the law does not app'y, the applicat 01 be time by the was prescribed provided widow made within al but the ready pending, claim within of three the minor children must be made years from date of the widow's death or re-marriage, to be exempt from the operation of the limiting statute. The further the investigation into the af Merchants' of this the more is of the concern rottenness fairs city, of the extends, National exhibited. the Bank, complete It has transpired that 111 addition to Government losses already published, there were $50. 000 deposited by S.J. Hobbs, the disburs ing clerk of the Treasury Department. The indications are that :be wreck 18 complete, and the depositors will get little or nothing. Harlan has an Secretary directed in the Interior exami nation into how many clerks Department were drafted who put in a plea of non-residence, with the intention of substituting soldiers for them. The Senate committee on commerce will take final action to-worrow on the case of Mr. Smythe, Collector for New York There is no doubt but that a favorable re port will be made in his case. The Hera d's spe says: Unfavorable commit is excited here by the 'act of pay masters and others having such large sums deposited in banks to their own credit, and upon which they undoubtedly receive inter est, while the Government LA a high rate interest on the same money, ed loans in of temporary and otherwise. paying obtain- Sev eral dollars are thus on with city deposit million National reported Banks in to this be -ttone simcat within a stone's throw of the treasury vaults. Wel. informel persons in regard to the matter assert that not less than five hun, have died in the District and its the last six disease known as the dred vieinity cow. during cattle months plague, from the and several dairymen have been compelled tn abandon the r business entirely. owing to among it is was great d.sease; mortality alleged, their introduced authority stock. here also The from Vieuna. The name states that the prevalence of this disease ace unta for the poor beef to be found in the markets. The disease being incorable cattle are killed upan as attacked and sold to citizens. In a letter dated May 28, 1866, addressed to Richard Middleton, Jr., of Charlestor, S. C., in reply to an on the hilljoot, Secretary Mc Culloch says:-All can do for relief inquiry the regard of of South Carolina to the tax has already the direct people been in done. until Con All sales taxes have been suspended harean opportunity I have elacting definitely upon the sulject. no power to withdraw the tax commission. nor to suspend the collection of taxes from those who are able to pay them. What action Congress will take upon the subject cannot THE now determined


Article from New Orleans Daily Crescent, May 14, 1866

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Judge Underwood on Slavery and Rebellion. INTERESTING GENERAL NEWS. Home and Foreign Markets. Etc., Etc. Etc., [Associated Press Dispatches. NEW York, May 13.-There was one death from cholera at quarantine yesterday, but no new cases. The steamer City of Paris, from Liverpool, on the 2d and Queenstown on the 3d inst., and the Germania from Southampton, on the 3d inst., have both arrived. The news is warlike from Germany and Italy Contrary to rather general expectations, the British Ministry continue to regard the close vote on the reform bill as equivalent to defeat. Mr. Gladstone announced in the House of Commons that the franchise bill would be pressed, but, that a bill for the redistribution of seats would be introduced on the 7th, so that both might be considered together. a Liberal papers rejoice that the issue is now plain, and that the Liberal members must now face the pure and simple question without the protection of an evasive movement. A police constable had been shot dead in Dublin by Fenians. The relations between Austria and Italy are deaggressive are cidedly menacing. designs, but Both both governments vigorously deny preparing for war. The Italian parliament had promptly voted authority to the government to raise means for the defense of the country. Popular meetings were held at Naples in favor of government armament. Universal enthusiasm prevails throughout Italy. The Italian government has called out 150,000 men. The Florence correspondent of the London Times says there is no doubt that the Italians desire war, as the only means of extrication from an exceedingly false and difficult situation. The Austro-Prussian relations show no improve ment. A Berlin dispatch talks of probably increased armament by Prussia. There was a severe panic on 'Change in London and in Paris. Funds and securities were all materially depressed. Napoleon presided at a council on the 30th, reto consider d that and should disport Austria says, Italy the it Austrian simultaneously determined proposition, at arm. One rumor says was the e meeting to prevent Italy from taking the aggressive. and insist on the proposition. It LIVERPOOL, May 3.-Speculators and exporters took 2500 bales of cotton on Tuesday and Wednesday. S The Manchester markets are dull, and business t is almost wholly suspended. Prices are quite g nominal. Flour quite active at late rates. Indian corn in good request at 28s. 9d. to 29s. 8d. Beef W dull and downward. r LIVERPOOL, May The sales of Cotton on Monday and Tuesday amounted to 10,000 bales at a a decline of $@ld.; Middling uplands 14d. The sales d Wednesday were 10,000 at an advance of dd., and e on Thursday 5000, the market closing with a downward tendency. y LONDON, May -The bank rate is 7 per cent. h United States 5.20's 68@681. $ NEW YORK, May 13.-The charge of Judge Underwood to the grand jury of Norfolk, which in dicted Jefferson Davis for treason, is largely occud h pied with the baneful influence of slavery in Virginia, and the demoralization consequent upon the rebellion. e NEW YORK, May 13.-J. H. Higgin, cashier of E. S. Higgin & Co., carpet dealers, was brutally assaulted on 43d street yesterday morning and e it robbed of a carpet bag containing $16,000. [From Yesterday's Evening Papers. 1S. WASHINGTON, May 12.-Senate-The postoffice e appropriation bill was taken up, the pending quese tion being on Trumbull's amendment regarding the appointing power. Mr. Howard, of Michigan, e made a long speech, endeavoring to show the views of President Johnson regarding reconstruc e d tion differed widely from those of President Lincoln. to Establishing this to his own satisfaction, he de d nounced the policy of President Johnson in the strongest terms. In conclusion, referring to the y condition of the South, he argued that the spirit of in the rebellion still existed, and, under a President like Buchanan, would break out again. d A NEW YORK, May 12 -The Herald's Washington V. special says the cabinet meeting of to-day was rs unusually short. All the members were present d except Attorney General Speed. But little busi ness could have been transacted. n The Committee of Ways and Means are doing nothing on the new tariff laws, waiting until some final action is taken upon the internal revenue tax h law. ts The indebtedness of the Merchants' Nationa t: Bank to the government is $763,312. $369,184 o en this amount was deposited between the 20th e April and the 3d of May, the date of the failure of g. the bank. It is also estimated that Messrs. Bayne D2 & Co., of Baltimore, are indebted to the bank 28. $700,000. nThe steamer Asia, from Liverpool, has arrived News anticipated. An attempt will be made in the Senate to pass an Henderson's bill restricting the President's power ths of removal from office without cause. caThe veto of the Colorado admission bill will be sipresented to a special cabinet meeting on Monday and and then presented to the Senate. was The Times's special says indications are unmis not takable that the joint resolution which passed th at House yesterday will be modified in the Senate nalstriking out the third section entirely, or substitut ing a provision declaring certain classes of promi


Article from Wilmington Journal, May 17, 1866

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pliance with the law. As a consequence, thousands of citizens adjourned to Fordham, Tremont, Morrisania and Jersey. or any place where there was a possible chance of imbibing. Many also procured a supply of liquor on Saturday, and passed the Sabbath in putting it out of sight. But there were no drunken men upon the streets, and the city was as quiet as could be desired by the most ultra Sabbatarian.-N. Y. Herald. Senator Wright, of New Jersey, who rose from his sick bed to resume his seat in herSenate, to vote to sustain the veto of the Civil Rights bill, has been obliged to return to New Jersey, and will probably never again be able to resume his seat. A very distinguished statesman and orator in New York, is said to be preparing a thorough ventilation of all the acts of tyranny, oppression and cruelty of the Federal officers. THE WHEAT CROP.- gentleman who has been over a good deal of Piedmont Virginia informs us that the wheat crop was looking badly. In some cases the blue grass had obtained the mastery over the wheat, and was killing it out. Fredericksburg Herald. THE BOMBARDMENT OF VALPARISO.-The losses of foreign residents by the bombardment of Valparaiso are estimated as follows American, $113,000; English, $194,000; French, $275,000, and German, $176,000. REMEDY FOR CHOLERA.-The following extract from the letter of a clergyman to the Lord Lieutenant of Ireland presents a very simple, and, he says very effectual preventive of cholera, as well as remedy of great power The preventive is simple- teaspoonful of powdered charcoal taken three or four times a week, in a cup of coffee or other liquid, in the morning. When attacked with cholera, a mixture of an ounce of charcoal, an ounce of landanum and an ounce of brandy or other spirits may be given, as follows, after being well shaken : A teaspoonful every five minutes. In half an hour I have known this effectually to relieve and stay the disease. As the patient becomes better the mixture may be given at longer intervals. I hav known a patient in the blue stage, and collapsed, perfectly recovered in a few hours. The charcoal was tried as a preventive on a large plantation in the Mauritius, and but a single individual out of eight hundred waslost. The clerk of the Freedmen's Bureau Court at Savannah, has absconded with the funds of the litigants. A negro threw a stone at some ladies in the street recently in Mobile. He was shot dead for the act. Thaddeus Stevens, the leader of the Republican party, its foremost representative man, and the exponent of its best intelligence, got up in the House of Representatives yesterday and said he was credibly informed that, with free labor, cotton could be produced for one cent a pound! Would it not be base flattery to call this man an ass ? OPENING OF A UNITED STATES COURT IN SAVANNAH. -SANANNAH, Monday, May 8.-The United States District Court for the Southern District of Georgia opened to-day, Judge Erskine presiding, and subsequently adjourned until Thursday next, when the constitutionality of the test oath will be argued. Among the leading representatives of the Georgia bar present was Ex-Gov. Brown. ADMIRAL SEMMES.--The following "card" appeared in the Mobile Register and Advertiser of May 1st To the Voters of Mobile county: On account of the strong public sympathy manifested on behalf of my competitor, Admiral Semmes, who performed very distinguished and gallant services during the late war, and to relieve my friends from embarrassment, I have determined to withdraw my name as a candidate for re-election to the office of Judge of Probate. GEORGE W. BOND. CONGRESS ON THE NATIONAL BANKS.-T House has instructed the Committee on Banking and Currency to investigate the failure of the Merchants' National Bank of this city, as well as the condition of the national banks generally, and to report what legislation is necessary. The committee has power to send for persons and papers. New York Post, 8th. The Florida and Alabama railroad is now running nine miles out of Pensacola. Its completion to Montgomery by next fall is expected. The Memphis Argus proposes to inquire into the propriety of making a new State out of West Tennessee and North Missisippi, to be called the State of Jackson, with Memphis for its Capital. THE TEXAS WHEAT CROP.-The crops throughout the wheat region of Texas are represented as promising beyond those of any past season at this period. Wheat will, it is thought, not bring fifty cents per bushel. o, for the railroads.-Galveston Civilian, 21st ult. Gen. Beauregard and W. Adams have gone to Europe to negotiate Jackson Railroad bonds.President Johnson has modified their paroles so that they can go and return. A young lady in New Orleans is afflicted with a disease which the physicians have pronounced to be the ancient leprosy. The dresses worn by Miss Lucille Weston in her character of "Camille were purchased by her in Paris, and cost seventeen thousand doilars, including the importation tax and the jewels expressly used in the decoration of the robes


Article from New-York Tribune, June 14, 1866

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blessed. THE UNITED STATES AND BRITISH AMERICA. The Secretary of the Treasury, in response to a resolution of the House of Representatives, to-day transmitted to that body 8 report from James W. Taylor, Special Agent of the Treasury Department, communicating general information in regard to the commercial relations between the United States and British America. The records of the Treasury Department show that for the yearending June 3 in 1865,our trade with British America wassecond only mag nitude to that with Great Britain. Its aggregate was $69,150,602, while the commerce with Great Britain was $225,709,263. The external trade of the United States for 1865 consisted of $339,768,220 exports, and $234,434,167 imports-an aggregate of $574,202,387. of vessels clearing from American ports the ending Jane 30, 1865, for ports during The tunnage year entrances of British from America, was 3,531,752 tuns, and the British America were 3,193,193 tuns--the total of 6,714,945 the tunnage of vessels other Of the tuns were of tuns, with America, any exceeding 1,750,548 country. American clearances employed vessels, for in British trade and 1,787,204 tuns were of Canadian and other foreign vessels. Of the entrances from British America, 1,689,829 tuns were American, and 1,503,364 were Canadian and other foreign vessels. Of the total trade in 1854, amounting to $69,303,312, a valuation of or 34 cent, was with the United States 1865 the was In 1864 and $24,182,099, per aggregate $36,801,620, United States. of which Since $42,530,036, or 48 per cent,was with the the abrogation of the Reciprocity Treaty American purchasers are paying higher rates for Canadian timber, and purchasing in larger quantities than in 1865, notwithstanding the necessity of their paying a duty of 20 per cent. on the frontier of the United States. EXECUTIVE ACTION. Mateo Ramirez has been recognized by the President as Consul of Peru at San Francisco, and Edward Correy as Vice Consul of France, at Chicago. The President, to-day, nominated to the Senate William Davidson, jr., for Postmaster at Paterson, N.J., in place of Darius Wells, removed; and, also, Gen. Green Clay Smith, a member of the House of Representatives from Kentucky, to be Governor of the Territory of Montana. GEORGIA. A message was to-day laid before Congress teansmitting resolutions of the Legislature of Georgia asking for a sus. pension of the collection of Internal Revenue, under the act of Congress of August 5, 1861, which provided for the raising by direct assessment upon the State of Georgia of $584,187. The preamble asserts that no opporhas been afforded that State to assume the collection of the money; that the without the express tunity ury and declines, payment legislation Secretary of of the Congress, Treas. to permit this assumption by the States, and asks a suspension until the question shall be submitted to Congress, which is respectfully requested to consider the just claims of the people of Georgia, who, on account of their present exhausted condition, should be relieved from the payment of a Federal tax by a direct tax upon the people at this time, and that the State should be permitted to assume its collections and payment. THE LOUISIANA LEVEES. Messrs. Daval and Claiborne, representing the interests of Louisiana, are now in Washington urging upon Con gress the passage of law providing for the repair of certain levees, owing to the crevasses in which large sections of the State are deluged, thus preventing the raising of the usual crops of sugar and cotton. THE MERCHANTS' NATIONAL BANK. The Receiver of the Merchants' National Bank of this city has brought suit against the stockholders of the bank to the amount of the capital stock of that institution, namely: $200,000, under that section of the Currency Act which renders the stockholders personally liable to the amount of the stock held by them respectively. This proceeding is in equity, the Receiver praying a judgment for an amount equal to the capital stock. He also prays the Court to determine who are the bona fide stockholders in several cases in which recent transfers of stock have been made, in order that the proper persons shall be made parties to the suit. APPOINTED TO THE NAVAL ACADEMY. to the Academy at The following appointments the Naval President: Annapolis have been designated by Kelly, Kentucky; Belcher, S. Plunkeit, Tennessee; District Illinois: At Large-William Thomas R.A Willie Page, M. of Columbia. Sons of Officers-James M. Gow, Kentucky; Walter Frazer, Maryland Daniel Whipple, New-Hampshire; Frank H. Harbuck, Iowa: John M. Robinson, New-York; William S. Long, Pennsylvania; Walter H. Donaldson, jr., New-York: Thomas C. Spinner, Ohio; Frank Ellery, jr., Vermost; Ellis B. Bliss, Michigan. SANITARY. In consequence of the prevalence to a great extent of the typhus fever at the jail of this District, the Secretary of the Interior has placed at the disposal of the attending physician, Dr. Duhamel, one of the wooden buildings formerly used for hospital purposes on Judiciary-square, for removal to the jail-yard, where the patients will be treated.


Article from Daily Ohio Statesman, June 14, 1866

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Telegraphic. FROM WASHINGTON. The Postmaster General Refuses to Increase their Pay. NEW YORK, June 13.-The morning pahave the following specials from WashIngton: The Postmaster General positively refuses to increase the pay of New England railroads for carrying the mails, inasmuch as he considers they arenow paying all that the service will warrant, while such enormous sums are lost in carrying mails over the South. Affairs In South Carolina. An Assistant of the Freedmen's Bureau, making a tour through Seuth Carolina, reports the supply of labor is inadequate to the demand, but where subsistence is not wanted, labor will be quite as productive this season as others. when capital owned labor. In parts of Chesterfield district the supply of provisions is nearly exhausted, and reatsuffering will all classes unless speedily relieved by the Government. It is estimated that 9000 bushels of corn and 100,000 pounds of bacon, provisions for three mouths in addition to that now in the hands of the planters, will be required to supply the necessary labor until the harvesting of the crops. These supplies the planters have neither the cash nor the credit to purchase, and unless relief comes from the Government many of the plantations will be abandoned by the freedmen, who will go in search of employment where they can get sufficient food. The Constitutional Amendment Will Pass the House. A canvas of the House was made to-day, and, counting some members expected to arrive to-morrow morning, it is estimated that the constitutional amendment will pass by about 117 or 126, or nearly five to one. The National Banks. The House committee on Banking to-day agreed to report an amendment to the National Bank act. to prevent any bank having over $1,000,000 circulation, and to reduce to eighty per cent. the circulation of all banks with over half a million capital. The Senate Finance committee are considering a proposition to allow the State Banks one year more to wind up or convert their charters into National Banks. Under the present law, those who are not wound up by July are liable to a tax of ten per cent. Light House Destroyed by a Tor. nado. Information has been received at the office of the Light House Board that the light house at Bay Point, Port Royal Harbor, was entirely destroyed by a tornado which visited that vicinity on the 29th ult. At an informal meeting of Senators today, it was decided to close the present session of Congress early in July. Appropriations for Harbor and River Improvements The following appropriations have been made for the continuation of harbor and river improvements in the various States: New York, $388.599: Michigan, $93,671; Wisconsin, $270,753: Ohio, $256,996; Illinois, $88,704; Inuiana, $75,000; Oregon, $15.000. There is also a general appropriation for the improvement of the Western rivers amounting to $1,525.000. The Law Does Not Allow It. Lawyers, claim agents, and others. from Boston, Cincinnati, Nashville and Louisville, have for the last few weeks flooded the country with circulars advising officers of the late war that they are entitled to $500 extra pay, commutation. allowance for servants. between May 1st. 1864. and March 3d, 1865. We are authorized by the Paymaster General and by the Second Controller to say that the law allows no such extra pay, and that all such representations are fraudulent, and intende ed to deceive the public. Niagara Ship Canal Bill. The passage of the Niagara Ship Canal bill in the Senate is likely to be with Mr. Morgan's amendment requiring the sanction of the State of New York. They Can Do No Such Thing. The Treasury Department has received a copy of a circular that has been generally distributed throughout the country by an establishment in New York, in which they state that for $50 in currency they will procure for parties $55 in the new five cent coin. This is a transparent falsehood. It has already been ann unced that as soon as the coin is ready for distribution quantities in $50 packages may be obtained by addressing the director of the mint at Philadelphia. Jeff. Davis. Chas. O'Connor states that the President will give him an answer to-morrow upon the question of turning over Jeff. Davis to Judge Underwood's court. He seems perfectly confident of final success. There is a rumor. however, that no action in the matter will be taken by the President, but that the question will be postponed. Miscellaneous Items. NEW YORK, June 13.-Washington specials to the evening papers say : The Senate Finance committee has finished the free list. Among other changes, cordage has been added and iron bridges stricken out. A National Cemetery is to be established at Fredericksburg for the interment of 12. 000 Union soldiers killed near there and at Chancellorsville. The receiver of the Merchants' National Bank has brought suit against the stockholders to the amount of the capital stock of the bank-two hundred are lars. where bona transfers easks tide stockholders the have court recently to in determine thousand several been made, cases who dolto ascertain who shall be parties to the


Article from The New York Herald, June 14, 1866

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WASHINGTON. Passage in the Senate of the Legislative Appropriation Bill. THE RECONSTRUCTION QUESTION. Thad Stevens Presents a Substitute for His Restoration Bill. He Proposes That the Tennessee Delegation Shall Be Admitted Conditionally. The Senate Reconstruction Amendment Adopted by the Hense. & c &c. & c. WASHINGTON, une 13 1866 THE RECONSTRUCTION AMENDMENT The Reconstruction amendment was taken House and continued until four o'clock. when passed the amended form which came from the Senate by vote of one hundred and wenty to thirty. two. Jack Rogers made one of his best efforts against vote but probably changed one's OUR TRADE WITH BRITISH NORTH AMERICA. The Secretary of the Treasury, response resolu transmitted tion of the House Representatives to-day to that body report from James W Taylor, special agent the Treasury Department, communicating generai information in regard the commercial relations between the United States and British America. The records of the Treasury Departine show that for the in rica was second only with magnitude that year ending June 30. 1865, our trade with British Great Britain. Its aggregate was $69,150,602 while merce with Great Britain wa $255,709 The extertrade of the United States for $339, 768.220 exports and $234,434,167 imports-al aggregate of $574,202,387. The tonnage of vessels clearing from American ports during the year ending June 30. 1865, for ports British America was 8.521.752 entrances from British America were 3,103, 193 tonsthe total of 6,714,945 tons, exceeding the tomage of vessels employed in trade with other country Of the for British Amer ica, 1,750,548 tons were of American vessels, and 1,787,204 tons were of Canadian and other foreign vessels of the entrances from British America 1,689,629 tons were American, and 1,503,364 were Canadian and other foreign vessels. Of the total trade in 1854 amounting to $69,303,812, valuation of $24,182,099, or thirty four per cent, was with the United States. In 1864 and 1863 the aggregate $86,801,620. of which $42,580,036, or forty-eight per cent, was with the United States Since the abrogation of the Reciprocity Treaty American purchasers are paying higher rates for Canadian Umber and purchasing larger than in 1805, of notwithstanding the necessity of their paying duty twenty percent on the frontier of the United States THE SENATE FINANCE COMMITTEE AND THE TAX BILL The Senate Finance Committee is busily engaged on the Internal Revenue Tax bill. and making rapid pro gress. It hope to complete by Friday Very few material changes are being made, and these mainly on the recommendation of the Commissioner. tremen dous pressure has been brought bear in favor of substituting specific for ad valerem duties on tobacco and cigars: and seems well sottled that the committee will make this recommendation APPLICANTS FOR THE BERTH OF NAVAI OFFICER AT NEW YORK. A number of applicants are here for the position of Nava! Officer, made vacant to-day by the death of Hon Mases F. Odell, New York. George Blount and Mr. Bailey are reported among the number; but a fed eral appointment of any consequence in the city has yet been given to a soldier, it 18 considered that Colonel Hill. yer's chances are the best JEFF DAVIS. Charles O'Conor, senior counsel for Jefferson Davis, together with ex-Governor Pratt, called at the White House this afterneon, and bad protracted interview with President Johnson, the object of their visit being with reference to releaging Davis on bis perole TNE MERCHANTS NATIONAL BANK FAILURE The Receiver of the Merchants' National Bank of this city has brought suit against the stockholders of the bank lo the amount of the capital stock of that institunamely two hundred thousand dollars, under that tion, gection of the Currency act which renders the stock. holders personally liable to the amount of the stock by them respectively. This proceeding in equity, Receiver praying judgment for an amount equal capital stock. He also prays the Court to determine fide the stockholders are bone who several cases which recent transfers of stock have been made order the that the proper persons shall be made parties to TYPHUS FEVER IN THE DISTRICT JAIL The typhus fever has assumed such malignant District the for the States jail form United Columbia epidemic that, of Dr. Buhamel, the court has minor for confined ecretary the Interior disposal one of the hospitals at Judiciary fever hv The are removed sick which the varied virutence with this institution constantly DEPARTMENT WITH forhidden been The claim following transact Department for Nelson Lucky.of New York George E 11 mon, of Washington; Edward Price of Quincy Louis Camp. Washington PRESIDENTIA NOMINAT The President to-day nominated the Renste Davidson Jr., for Postmaster at Paterson New and also Green in place o Darins Wells, removed Smith member the House Representatives fro Montana Kentucky, to be Governor of the Territory of PARDONED BY THE PRESIDENT Upon the recommendation of Senator Pomerby, made personal application the President for the of South Carolina man during the late war the latter has Executive clemency This the case sired of any officer of that condition having the President The President yesterday. the application of Madison Admi States United Navy Shubrick, and others. directed of Welles, Louisiana, be Rouziean issued Lawrence the for taken the leans, Mr. the WITH THE POSTAL INDIES 1st of Indian Dutch Maril Departm office be pat can in that OF Ramirez has been recognized by the President Pero Han I Francisco, and Edward Correy France at Chicago TMENTS TO THE NAVAL AC ADEMY ng appo imments to the Naval Acudent been designated by the President


Article from The New York Herald, April 3, 1867

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last Christmas. muruereu have shot Mr. HIS Smith, in South First street, while robbing his house Supreme Court, Chambers, yesterday, receiver before In the G. Barnard, the case of Kennedy, Huyck Judge Geo. Merchants' National Bank, vs. Leonard to set aside of the Stewart, came up on a motion defendants. and Jos. B. of arrest in the case of these directed the order the argument of counsel the court default of the discharge After hearing of Stewart, holding Huyck in $200,000 case bail. of Philip Henrich, late secretary of as the stated Rhe- in The Railway of Cologne, in Prussia, arrested who, in Wisconnish the HERALD on a of charge Sunday. of had having been committed of $8,000, for. sin Cologne to the amount Commissioner gery was again in for hearing yesterday before stated that he White. Counsel for the prisoner having the Commishad not had time to examine the papers, next. adjourned the case till Monday Commissioner sioner An interesting case came up the before defendant being Newton, in Brooklyn, yesterday, of internal revenue, who nearly was former deputy having collector embezzled the sum of at various charged with which he had collected for residents taxes of Staten $10,000, and 1865 from the Island. times during Some 1864 testimony was taken, after which case was adjourned until sent the to 9th the inst: City Prison by Justices yes. Dowling David and Horth Kelly was in the Court of Special Sessions terday, for killing cat. of Music was the scene of a gas ex- to the last near causing The new Academy evening about an hour previous another serious about plosion nightly the fire. performance, face The and property chest which that man came he was is in 80 a seriously very critical injured oondition. The stock market was dull, but steady yeaterday. Gold closed at 134% great deal of activity in commercial in most There was not a but a fair trade was developed favorable circles yesterday, the firmness of gold exerting a under the departments, cotton market was irregular feeling on influence. The closed with a rather better but firm. cable news, but sellers. Breadstuffs were quiet, also firmer. Corn the part was of active and higher. lower. Oats Cut were meats, lard, &c., active. Pork was dull, heavy Naval and stores were moderately quiet. were Petroleum also heavy. was lower. Wool was firm, though MISCELLANEOUS. committee States Senate yesterday the of Columbia In the revision United of the laws of the District Mr. Johnson, on the to sit during the recess. to the charge Mr. against were authorized an explanation relative Maryland, of the of Maryland, Thomas, made Senator elect interest from on certain failing to supply means in New to pay York in 1860, when Thomas, he was United States stocks A letter of Mr. reforred Secretary asking a full of the investigation Committee. Treasury. of The the Senate charge, then was went into to the Judiciary soon after adjourned. executive dated addressed Our Panama of February himself session the correspondence, 12th and Mosquera glorifying the 23d of March, says that on the plaza, marched and abusing and around the these brigade of troops streets Congress. on The troops Congress legislative then by halls. through the excited in of the Great indignation was setting forth the cause two the between was acts, and lengthy report branches of government w was ox. serious outbreak trouble in the lower house. A The steamer R. and R. to occur at any boats at read pected had taken on six torpedo moment. for coal. Carthagona a The Colombian Cuyler probably go to Jamaica the United States will find would Press thinks It likely that with Spain. of itself involved in complications correspondent, writing under from date Our Valparaiso squadron had returned Colina its Juan San in February. March 3, says the allied Fernandez. The English ship but was arrived trip to from Malaga, a Spanish and was port, notified that she had not allowed to unload, as possible. The military by the ex. to the southern succeeded in establishing a Auraconian Indians The had mouth of Totten river. to Concepcion better at pedition the put to sea from had SOOD Talcuabano territories Philadelphia. privilege occupied of of post con- the structing a railroad to General Vicars, of furnishes a list been granted Matamoros correspondent sides. of course the Our in Mexico at present on both are facing each other main forces troops The of both total parties is sixty-nine for the thousand liberals. seven and hun- sixQueretaro. including guerillas, imperialists. The French dred men. for the mornsquadron teen thousand gailed men from Havana last Wednesday dated Honduras of 9th on the is It ing. We have newspaper files March. from Martial British law was reported in force at in the Belize northern district of of the cholera colony. in Wank's Church. river. thirty persons died stationed at Indian takhad resumed letter dated at ing in their the 4th of March, are here is in a hands are all The that new There were planters settlement-on sixty-five crops. prosperous soldiers A state. their our work works and healthy. :_"Every- Allpines- were getting ex- A splendidly and the coast told one thing friend OD of mine from our along this Held year would yield quiet. me about he The pected his crop of rice is reported released from service. hundred Belize division barrels.' of the Corosal Honduras militia been Georgia letters relate to affairs near in the Texas, R10 Grande Our Florida. Southern The people of about Texas the workings of much the to allegiance border and are utterly indifferent bill, professing really United as States, A interest Military Reconstruction Mexico as they do the in her affairs. Macon and Staking moeting decidedly of more colored voters sentiments was held in were ex. large the mass 26th of March, at with which the white voters. Viron pressed favoring Schofield affiliation has suspended votera all is completed. elections in He ginia General until the registration occurring of in the meantime the by sub- ap. will fill all vacancies General Swayne, commanding complianca with the pointments. orders a rigid prohibits payDistrict of Alabama, Rights bill and the war. provisions of the rendered Civil the State during Paul, Minn. ments for services ticket was elected in St. radical was The democratic Wisconsin. A Leavenand Milwaukee, The efection in CleveMadison elected Mayor of St. Louis. democratic yesterday. the In rest of worth. Kansas, democraticMayor went republicans. elected, In Cincinland, Ohio, a candidates being 5,000. the successful majority is about yes. from gioners holding nati the application republican in the Baitimore Superior the Police Court Commiswas terday The for an injunction an election restraining for a State Convention are New Orleans rejected. lovées on the Mississippi one above of the largest, parishes at Morall The in critical condition, way, and by which seven Rend. has given overflowed. and ganzia risk of being between Frank Drew Saturday run A prize fight took place St. Joseph, Mo., on hundred Johnny Bernard, was declared opposite the victor after one the The were at was last. and sixty-five Swedish Drew rounds. bark Diana rescued. was abandoned at sea Selma on on if 25th Hancock's Her crew Indian expedition council of Indians, and they Saturday. General do not He agree proposes to specific to call a terms of peace he will