The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-02-27


apon'.. .......... ....... iOVWV W iUoV) 10
Total amount. ............ sli4,isd a. sM4,is6 %
REHABILITATION.
Irst class. $67E 9S3 81 S302leS 90
s ssiss "a .ia.. isSY is 3
Total. ............. s7,sls AZ Is sai5o.sO7 50
From the foregoing statement It will be perceived
that the entire amount Of claims filed, including iu-
terest all liabilities stipulated TO bear interest,
amounts to seven millions Two hundred and thirteen
thousand four hundred and seventy A. 100 dol
lAr and according to tho value We have assigned them
they worth TO the government three mioas four
hundred and fifty thousand nine hundred and seven
100 dollars, In par funds.
In assigning the value to each character Of liability
We viii give the following Is the principal reasons which
governed us
Tss.svnI NOTES.
The hrst Issue Of this character Of Indebtedness s
known as the printed Interest notes They put
circulation during the fall ana winter Of 1887 for
b. as nss.ysS @
issue sad reissue Of the former ceased This
before any perceptible depreciation had taken place.
and was the regulation o. the department to cancel
them as they were received Hence the government,
for this class Of liability, received full
TO the engraved interest notes we have assigned an
average value OF fifty cents on the dollar These
Issued under the provisions OF tbs same act tina.
the printed bills and took their place About the
time Of the frkt issue OF these he spring Of 1857
this species Of the government paper commenced de-
January 1892 their further ISSUE weot into
cpsr: ton they we're worth but about forty cents on
To the treasury notes not bearing interest generally
known o. Red Backs, have assigned average value
Of rs cents the dollar These superseded the
interest notes above referred TO- aod the rt issue OF
them was made during the spring Of 1889, when they
were worth about 37h cents on tne dollar They
tinued dspecia'ng So that In lsil the government
Vas compelled to pay them out at from ~ to cents
On the dollar The value which have given them Is
conceived to be equitable ss an average 18th TO the
government and the holders IL is i'm o,sbls co As
certain from the date OF the Issue OF these bills
shovn on the fses what they we're .orta when last
BY cents the dollar and after having been return
TO the treasury may have been Issued the year
folowirg at rs cents the dollar ani en-; SUD In
1s41 when II mag have been las. paid on. a. sac.
eighth Ct Its ostensible value.
CONSOLIDATED FUND.
provisions Of an &C, q Congress soproS.d juss Eth
1887 and could bs snAyzed would b. subject the
sss,ss VARIETY o. rates We foand I'm
ecrd to ascertain At what rate eech claim had pseu
ssdi,ed for which this stock was issued Even had
extent Ia acquiring this Information, tor the reasou
that the government for long time, would not ac-
was that accounts we're msis out -.sout anu sDos
rent depreciatou adding nevertheless 70 the price Of
each Item 90 as to make good the deact In the value OF
the currency. Hence, the only practicable MODE
which suggested itself was 60 make aysrass ~ to
What the stock generally svail-d the goysrnnsnt,
value Of 10 dollsr believed that this
10 about wba. the received IN toe
hereafter be alluded toy fully rsmunsrss the prs,ens
holders ~ new generally In the hands Of third
Jsrties who 10 most Instances acquired IL ~ mush
1sss value from the original iresor than that
signed IL.
riorr AND rrs rER ossr srocK
We have sssgned to this class OF liability average
vaiae q $50 cents the dollar This s;ook issued
der the authority of sst Of Congress- approved Feb
wing ana essennr the smoaut OF reyeous ear
rency IN circulation. with view Of enhsnciog the value
OF the residue The inducsmsnt hsld out to the oreii
tore, to surrender currency and to take
which could not be used In that way the promise
OF the eovsrnmentto PAY the stipulated interest semi
60 do The value attached TO tails stock may act one
rouily on some holders but II will faly rsmuuerste
large majority. IL wsuid be- much more difficult Ia
ths fund tban any other TO ascertain the value
the government received for the investments In It,
TREASURY novps
Twenty cents the dollar the average equivalent
ysiue assigned this cass Of the government paper.
These bonds issued 10 supsr.eds to extent
and take the place q Treasury Nst.s There a. less
sss.ss Of an ss.ss. 1sS. sas
than that OF any other 81 the government securiss
the dollar ana rarely n ever less than is cents on the
dollar The value assigned thsm IL deemed eluitso,s
where We fouad audited drafts isrusd ct par al
los ed them accordingly end when susd a. less than
par, . corresponding dsdaction was made.
in the rst class sss nciadsd the bonds issued 20
obtsined from that Institution the ye, 1s3o; also
the claim Of James Holford and sssosisie for the pur
chsss Of the steamer Zsvss; ssd the claims Of L. 9.
Esrgous and O. b. Lamar, for money siysae.d for tks
tens3t Of TexisD citsens ~his prisoners cf war "a
Mexico value corresponding With What the govern
mens actually received has been assigned to sioh
fpsetively.
rsr SECOND Glass
eenyS.sa o. claims against the late soysrnmsst q
audited. but contracted under sanetioo Of law We
hsv. assigned TO this Glaze q claims did 20 the
each claim svssd the govern cot IN par funds Is far
10 vss In power 10 10 o~ins 10 the large qusn.
ton Of the law under which We acted have been I'M
ssie TO complese the examination and registration OF
all he seeond and third class claims Med We have
therefore ascerta,ncd, as near practicable, the
amount Of unexaminsd claims hled, and report the
ssns In bulk.
Ths clsss y composed u claims Tor the auditing Of
which the exisuns laws have Bsde no provision. Ia
r.qairs spsc,si Isssion to plsos thew on the San.
ftiss with other valid and bsns cls against tue
eegerrnsnt We have inclused In this class tbs
claims ~ thcse vho served In the Santa Fe and Mier
sspeditions being governed By the amount Of pay al
loved them ~ the army regulations Of the late rspub
large portion o. the trcops com posing the Santa BE-
sno ~ all the Nier expeditens furnished their ON
horse, and saulpmsns ali q which vsre lost 70 n.
iaors than cover the eeses they sustained We would
therefore respectfully recommend the pa.sxs Of lag
fixing Their compensation 81 . sufnsisnt amount 70
eo,.. Their Losses and, ct the tame Time reward them
A number Of claims have been fled for ,ossss sus.
tanned during the revolution being csussd By the de-
suseuon Of property By our own srmy and that Of the
tsAire any action, informing the clamsnts that the
you'd be referred q the Legislature for their con
alteration and sciien thsreon
In the average value assigned TO the consolidated
fee Of hardship, where the Cover nmsnt had re-
which had been into ths nd ana vet Owned
BY the original Investor Had We departed from the
liability in one instance no matter how justi6sh,s
others not possessing the same merit would have cls-
"a and The rs's .,u,s s.,s been ~, ,s.. bot fee
classification than that Of par. For this ressop