Daily evening star. [volume] (Washington [D.C.]) 1852-1854, 1853-10-05
Washington News and Gossip.

at the Treasury Department, that a holder of
stocks of the United States, having executed
a power of attorney, appointing constituent,
to receive for him, and in his name and stead,
the dividends then due, of interest, it was held,
that the attorney was not authorised to re-
ceive any dividends that accrued, after the
date of the power of attorney.
In another instance. a stakeholder authorised
his constituent to receive the dividends of in
terest, then due, or which should become due,
on all stocks he then owned that were on the
books of the Treasury. 1t was held in this
case, that the power did not extend to the div
idends, on stocks; the principal purchased
after the date of the power.
Similar decisions have been made, on pow
ers of attorney authorising transfers. or sales
of stock. The difficulty is not removed by the
general au hority to the constituent to do,
Whatever the principal might perform. If it
should be the desire of the principal to au-
thorise his constituent to act for him, 80 as to
avoid the restrictions Of these decisions, he
should say: TO receive all dividends of
OF Interest now uue, UT tudt SHALL hereafter
become due, on all stocks of the United
States now standing il my name, on the books
of the Treasury Of the United States, or that
may hereafter be go entered
The same form may be made applicable to
the transfer, or sale of stocks, by varying the
language to meet the subject Whatever
power is intended to be delegated, should be
given explicitly.
The LANDS CLAIMED BY THE SAULT ST..
MARIE CANAL CoMpANf.-The paragraph in
this mornings Baltimore Sun, stating that
the Commissioner of the General Land Office
has decided against the right of this Company
to certain 30 600 acres of mineral lands, Sc
Iected by their agents before the approval of
their contract by the Government, which lands
had been pre-empted and entered by other
parties, is incorrect. The 'other parties; as
sumed the right to make the re-locations sub
sequent to the location of these lands by the
Company. Tho Commissioner has, on the con-
trary, decided in favor of the Company ri ght
to them The re-locators have apr called to
the Secretary of the Interior against the Com
missiOner's decision, and that functionary
now has the question before him.
VIRGINIA TREASURY LAND WARRANTS
The Land Office Bureau are constantly being
applied to to satisfy Land Office Exchange
Treasury Warrants under the act Of August
81, 1852. which provides for the liquidation of
Virginia Land Office Military Warrants, 5"
by issuing scrip on which any public domain
subject to private entry may be taken up. Of
course these requests are declined, as the
Treasury warrants are not provided for in the
law. They may be located only upon lands
tho property of the State of Virginia, within
her own limits. At present she has none of
the kind which command more than p cents
per acre in the market. Unprincipled specu-
Treasury Land Warrants off upon the unwary
for Virginia Military Land Warrants. Not
long since a party in New York paid 5000 for
such piece of scrip, and sent it here for the
redemption explained above. In vain, of
course. Its market value here, at that time,
was just five dollars. 1t is worthy of note,
that the State authorities unintentionally aid
and abet these frauds, by making the two de-
scriptions of warrants almost identical in their
appearance to the casual observer.
OFFICE Hours IN THE TREASURY DEPART
MENT AND ''GOING OUT TO TAKE A DRINK"
We learn that the Secretary Of the Treasury
has addressed a circular letter to the heads of
the various bureaus of his department. bear
ing date October LIST, instant: prescribing from
ga. m. to p. IN rs the hours during which
their respective employees must be at their
desks from that date October lst to the LIST of
April next. 1t is said that he also prohibits
the practice, in which some have INDUCED of
leaving their desks lin Office hours to 60 out
and take a drink; saying that removal from
Office shall invariably be the penalty for even
the first such offence. The public will, with
with great unanimity, sustain this SO neces-
sary regulation.
AN INTERESTING FORTHCOMING SET OF IA
BLEs-We understand that the Clerks in the
Office of the Solicitor of the Treasury are en-
gagged In preparing, by direction OF the Secre-
tary of the Treasury, a set Of tables showing
the entire amounts of dues to the Government
which have ever been in suit; the character
of each such demand; at what time they ac-
crucd; when suit was brought on them; how
much has been collected on each; what may
be in suit now; how much in suit is now due
the Government, &c.
The SECRETARY OF THE NAVY is expected
to return from his tour of inspection of the
Northern Navy Yards on or about the 18th
instant.
NAVAL OFFICERS ORDERED AND REsIGNEa.
Lieut.. Roger Perry has been ordered to the
rendezvous at Baltimore.
Acting Midshipman J. c. Erwin has re-
signed