Washington sentinel. [volume] (Washington [D.C.]) 1853-1855, 1853-10-25
gntelligente.
Attorney General Cushing's Opinion ON the

Attorncy Gcneral Cusnlng's opinion on the
Texas Debt.--The following are the conclusions
at which Attorney General Gushing arrives in re-
lation TO the claims of the creditors of Texas on
the $5o00000 reserved by the United States TO
meet said claims: h
The claims 10 be released, then, are
l. Bonds, or certificates Of stock; not all evil
dences of Indebtedness, but bonds or certificates
of stock. This excludes not only arrearages if
any due for supplies or services, or any other UNI
liquidated debt, but also the circulating notes of
the 9th June, 1887.
Bonds and certificates of stock are especially
known and expressed in the laws of Texas giving
authority for their issue, and clearly dstin-
guished from setreasury notes, COMMONLY called
red-backs, Of the denomination Of one dollar, and
on, not exceeding one thousand dollars each,
issued and re-issued by the government, and from
all other evidences Of Indebtedness.
Indeed, the treasury notes in question, instead
of being themselves certificates of stock, were
convertible into certificates of stock, and there
fore must have been things of different charac-
ter. And the word "bond" has an established legal
meaning, which il is impossible TO confound with
"promissory notes."
The Indebtedness TO be released must be Of
fore:
/. The issues under the act Of June 7, 1887,
estimated as outs, ending the LIST Of July 1850,
principal and interest, S1,65l 500.
2. Outstanding issues, as above, under the acts
of November is, 1896; May IS, 1888, January %,
1889, and January IA, 1S40-$2, 5S2 ,902.
8. Outstanding issues of certificates of stock of
ten per consolidated fund, by the act Of Feb
ruary 9Th, 1Sl0-$1 ,62S 1896.
A. Outstanding issues of eight per cent. bonds,
under the act of February 9Th, lsi0-$l, 472,90S
These particular sums amount, in all, 10 VI, 1886,
1856 the LIST Of July, $780, TO which is to be added
the interest which may have since accrued; the
said amount, having, however, been reduced to
$379S, 795, according to the scale adopted by the
State of Texas.
Iexclude all the Indebtedness of Texas described
in the report of the auditor as 'saudited drafts"
and also the new issues under the act of March
Goth, 1S4S the nature of which does not appear,
but which seems to be recognized by all parties as
not being of bonds or certificates of stock within
the purview of the act of Congress.
feel constrained, ALSO as already intimated TO
exclude the promissory notes, mostly without in
terest issued under the act of June 9th, 1897 in all
the form and simtude of common bank bill.
am unable to regard this paper as either bonds or
certificates of stock.
Naval Intelligence.-THE SLoop-or-wAR DALE
from Boston for the coast Of Africa, was spoken
18th inst. lat az lon. 81. Ell.
The U S. brig cambridge Lieut.. Commanding
Hunter, will sail in few days for the coast of
Brazil Any letters left at the navy-yard, Brook
lin, will be duly forwarded.
THE Corvette LEvANT AND THE rRIcATE Cum
BERLAND.--The latter, the flagship Of Commodore
Stringham's Mediterranean squadron, was at
Spezza on the Goth ult The Corvette Levant
\
ofthe same month, from Malta, Trpoli and the Dar-
danelles and on the 18th she sailed for CONSTANT
nople All were well on these vessels at the
dates above mentioned.
HONG KONG, CHINA, July2S, 1S53.-The Ameri-
! can squadron was still remaining at the Loo Choo
Islands, on the 1st of July. The flagship Susque-
hanna and the Saratoga had visited the Benin
Islands. 1t is supposed that Port Lloyd will
make very good depot for the north Pacific
steamers, because some men belonging to the flag
ship Were employed in painting significant letters
on the rocks, and the visit of these vessels seems
to have started quite disposition to speculate in
real estate in that remote part OF the world. The
word BONN is Chinese, and means uninhabited
and the entire group was probably without hui
man inhabtant till within the last twenty years
There are now about thirty inhabitants, mostly
mcn-Amcricans, English and Hawaiians--who
have been left at various times by the whalers
who have visited the place. The squadron, COM
posed of the flagship Susquehanna, the Missis-
sipp the Plymouth the Saratoga, and the Supply,
were expected to sail for Jeddo in the course Of
the week Washington LnteAigenccr.
NAVAL OFFlcERs DETACHED &c.--Boatswan
Robert Whitaker, detached from the Navy Yard,
at Boston, and to take passage in brig Bainbridge
TO serve on board the frgate Savannah in the Bra
I'll squadron.
yard in his 8. sad.
Midshipman VIM. p. McCann, James A. Greer,
Austin Pendergra ct, Julius G. Heilman, and Jas.
Bruce, detached from the frgate Columbia and
ordered to the Naval Academy, at Annapolis, TO
prepare for their final examination
Lieut.. Charles w. Pickering ordered to the
sloop-of.war cyane Passed Midshipman SAM
uel p. Griffin ordered to the Cyane as acting
master
Passed Midshipman Charles w. Ably detached
from the coast survey steamer Bibb, and has leave
of absence for two months.
The Springfield Horse Fair.--This is the
closing day Of the national exhibition of horses,
-. r. 49,, fs,l IL.
total number of animals entered was about 500,
most Of them very superb. Yesterday there were
about 5000 persons on the ground, including many
ladies'. There was grand procession OF all the
horses which excited much admiration. The
favorte was the stallion 'Cassus M. Clay" be-
longing to Mr.. Goodwin, of New York. AT one
O'Clock collation. took place in the tent, where
about 800 sat down, and speech was made by
M. p. Wilder, esq, president of the day, who was
followed by Gov. Seymour Abbott Lawrence,
John M Bolts, G. p. Holcomb, Of Delaware, and
others. After dinner the premiums Were an
nounced. The first premium ($200) for the best
stallion of seven years and over, was awarded to
"Cassius M. Clay" All 1.-The other premiums were
for New England and New York horses, except
one of $500 for the best span fancy horses which
was awarded to ID. Sanderson, OF New Jersey.
There were no entries from Pennsylvania The
receipts of the exhibition have been about $4,000;
the expenses about $4,000. To-day the premium
horses are TO be exhibited and after that sale will
take place.--Oct. %
Done Brown.--Two ful-blooded young men,
who had been TO Cohoes, Monday, on a spree,
discovered by experience, that there are two par
ties to every joke. On returning, they overlook
two young ladies, whom they invited to ride in
their wagon. The ladies refused, unless they could
have the wagon TO themselves. The abucksn ac-
ceded TO the proposition, confidently presuming
that the ladies could not long forego the pleasure
of their delightful company. But alas! how mis-
taken! On being placed in possession OF the
wagon. the femlnines applied the whip vigorously,
and the horse sped on at flying rate. In spite Of
The outcries and spindleshanks of the pursuing
youth, horse wagon, girls, and all were soon far
In the distance. The 'bhoys" trudged on, and
when they arrived at West Troy, about six miles
distant they found their team securely fastened to
a tree The birds, however, had flown.
Troy Post
Later from Cuba.-By the arrival Of the United
States steamship from Havana, we have files Of
journals from that city up to the 18th of October: