The weekly Minnesotian. [volume] (Saint Paul, Minn. Territory) 1852-1858, 1853-05-14

The Stock, Loan and Sub-Treasury transac-
tons which we noticed some days ago are at
tracing, we see, attention i'm other quarters as
well as in this city, and the Secretary of the
Treasury, it is reported, has sent on somebody
to investigate them.
The law authoriZing-indeed, now compel
ling-the Secretary of the Treasury to buy U.
5. Stocks out OF the large surplus revenue we
are unnecessarily collecting, the question is
how can he do it. Mr.. Corwin here employed
two parties; one, the Merchants Bank the
other, Mr.. Simeon Draper. To supply them
with the means of purchase, he drew upon the
Sub-Treasurers here and in Boston. This is
objected to as in violation of the Sub Treasury
Law. and it probably is; but the question re-
turns-what is Secretary to do, directed by
law to buy U. S. Stocks, and having no other
means but the money in the Sul,-Treasuries.
The Sub-Treasury Law never has been exc
cuted, and is never likely to be. for in practice
it is inexecutable When the Sub-Treasuries
run over, the Secretaries let the disbursinr Of
fcers largely overdraw, and they deposit in
bank, using bank money to pay the debts of the
Government. During the Mexican war. under
Mr.. Walker, there the frccst sort Of pro-
ceeding in this way. The Members of Congress
are paid, not in gold. unless they specially de-
mand it, but in checks. Corcoran & Riggs and
Seldcn Withers, brokers and bankers in Wash
ngton. have long been paymasters. The Pres
ldent himself, no doubt gets his $4,000 in
checks.
Mr. Corwin could not come on himself from
Washington to execute the law directing him
to purchase L. S. Stocks. He must hire agents
and ne did hire them. He took over a million
OF dollars out OF the Sub-Treasury. and employ
ed these agents to buy these Stocks at the mar
ket price. If Mr.. Guthrie goes on buying them
he will have to do exactly the same thing. un-
less he comes into Wall street and turns Stock
broker. We do not approve of any of these
practlces, per Se-but what is to DC done under
conflicting laws9 The Democracy in Congress
refused to reduce the revenue when an offer
was made them by the Wings; and as long as
the surplus accumulatcs i'm the Sub-Treasuries.
=. >. Stocks must he bought by somebody to
to get that surplus out.-.N Y Express. 18Th.
MEAT BIscUw.-The Grinnell Arctic Expedi-
ton, now on the point of sailing on their vow
age, have adopted the meat biscuit as food for
their sledge Journeys This food is found. by
experiment, to combine the essential elements
or hour and beef, and six ounces q day have
heen proved to be sufficient TO sustain lif,
while in active exercise.
WOODwORTH' s PLANNING MACHINE ,.to,t
right to this machine expires in 1856. and II is
thought the same Will not be renewed -
MS machine Is said to have excited more liti-
gation and made more money for its owner
than any other machine in existence.
oNpERGRoUND MISUNDERSTANDING furi.
tive slaves, men and women. from KentucIv
and the CarOlnas, who arrived in this citv Nv
the underground railroad passed over the riy-
er into Canada, yesterday morning, about 3
o'clock.-Det. Free Press, 2OM.
Mr. KINGS WnL--Last winter before leay-
ing Washington, Mr.. King made his will. giving
the largest portion of his estate to his poor
relatives.
Capt. III. l.. Scott, Son-in-law of Gen. Scott.
mas been appointed Inspector General Of the
Army.
1t is rumored that Harrodsburgh Springs. in
Kentucky, will be the site fixed upon for the
National Military Hospital.
BEEF-In consequence oflarre pnrcb,scs for
shipment to California, this article has sold as
high in the city of New York as lose. per nounI
on hoof, this Spring.
The Presbyt erian church, at burlington. Ia,
was struck by lightning on the 23d ult.. but no
great damage was done.
LOUISIANA SENATOR.-A despatch from New
orleans states that Hon. John Slidell has been
Erected United States Senator BY the I.eyisla-
lure OF louisiana in the place of Hon. Pierre
Souie lie received majority of 80 votes over
Hon. Randall Hunt
The DIES MOINEs.-The steamers Globe and
Jenny Lind, have assembled the Des Moines riv-
r as high as kosauqua, and are still going
ahead.-yMo. Rep.
FROM FORr LARAMTE.-Lient. l.. C. Bootes If
he sixth Regiment United States Infantry. who
las been stationed for several years at this Fort
arrived in this city yesterday. He left the Fort
n March last, and came over the Plains in n
'ery cold season. He informs us that the VIM
er IN the west has been one of remarkable Sc
'erity. The snow in the mountains is nmus,,o,-
y deep. No mail had been received from Salt
AXE for several months, owing to the snow in
ne mountains. So severe had been the winter
nat the game, especially the Buffalo had come
mo n the Immediate vicinity of the Fort. Many
'hem had persisted on the Plains Lieut.. B.
anne In with party ofdestitute cmigrants and