The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1855-02-15

Icorresnondence Of Che pispateh !


Correspondence OF the Dispatch
NEW York, Feb. 10, 1855.
The weather has greatly moderated here. The
t,a has mostly disappeared from the rivers. The
hos,s from the east are through to day.
Me.srs Page & Bacon have resumed payment
had been announced that they would resvpe ON
the 18th; but holders OF protested notes, drawn on
,.sir late AGENTS. Duncan, Sherman s. Go, were
contested to present them at the Bank OF America
., dsv and receive their money, together with In.
,eresf and Costs Of protest
Virginia Stock Is little better TO day. Sales at
sa5. 95 IA and IS 3 s-elosing at the las, rate
Ry the last steamer Il was made known that some
Panama Railroad Bonds had been sold Ia London
At sa0-eousl to about 500 here. To day they took
8 Jump upwards from, Sloi to sios.
Exchange on London 100 to 100 "a, and steady.
As an even; In commerce out of the usual orders
mention the arrival Of some twenty odd tons of
favaips, by the ship Glance, from Glasgow, Scot
land.
The weekly statement OF the Banks up to the 10th
February, shows upon comparison with the state
nent Of the Sd az increase In loans of 81 40 473,
decrease in specie Of S3l4 sos; decrease In cir
COLLATION. of S3l 655 and increase in deposites of
ssh ,023.
Money easy and interest at a low figure. The
last paper at 5a7 per cent B.
CONGRESSIONAL PRocEEDISGs.-in the Senate, on
Tuesday the credentials OF Mr.. Seward, Senator
elect from New York, and OF Mr.. Yulee, Senator
elect from Florida, were presented and placed on
file With the exception of the passage of the
Sub,errsnesn Telegraph bill, no important bust
ness *ss finally acted on.
In the House, the bill providing for the more eff
Client discipline of the Navy, was passed The provi
sion Of the bill was explained by Mr.. Bocock, as
follows:
The bill provides that sailors serving three years
II faithful, shall receive an honorable discharge
ANY one re-eniisting within three months after his
discharge, on presenting his certificate of fidelity
and obedience TO be entitled to full pay during said
three months. Summary courts martial may be
ordered on petty officers and persons Of inferior
ratings, who, on conviction of offence, NAV be SEN
fenced to any one of the following punishinenls:-
Discharge from the service with bad conduct
discharge; solitary confinement in irons single or
double ou bread and water; or dimuished rations
and solitary confinement in IRONS single double,
the confinement not to exceed so days; confinement
not exceeding two months; reduction TO the next
inferior rating; deprivation Of liberty on shore of
foreign station, extra police duties and loss of pay
not 10 exceed three months may be added to any
of the above mentioned punishmeDtS No sentence
OF 8 court martial to be carried into effect without
the approval OF the Olfcer ordering the court, VINO
shall have power 10 remit in part, altogether,
but not TO commute any NEUTRALITY-SUSPICIOUS. to
be made in case of sickness or injury OF the per-
son sentenced.
Alter making an amendment providing that the
sentence OF dismissal shall not be carried into ct
feet In aioreign country, the bill was passed
The Senate bill, with amendments, to promote
the efficiency of the Navy, was also passed. This
bill was explained yesterday in our telegraphic
dispatch.
The House went into committee on the bill au-
thorizing the construction of steam sloops OF
war, four 10 be built in the government navy yards
and three by private contracts, and appropriating
81 600 600 tor that purpose.
Mr.. Bocock spoke OF the necessity OF passing this
BILL saying there is surplus in the treasury and il
lett there will be fund Tor speculation and the OBJ
Jtct OF plumber.
Mr. Staunton, of Tennessee, while declaring his
readiness to vote for the bill advocated the building
of one vessel at the Memphis navy yard.
Mr. Sellers argued that there no necessity
for the proposed increase of the Navy Ia reply to
Mr. BocOck he said in good old Wing times, he
never heard of plumber, but the Democratic Chair
man OF the Committee on Naval Affairs had expires
sed fear that II the surplus should be left in the
treasury it would be diverted 10 corrupt purposes
by the Democratic administration.
Mr.. Bocock said he alluded TO the fact that there
would be majority of Know Nothings In the next
Congress.
Mr.. Sellers replied that whatever the gentleman
might say, the Know Nohings know enough TO pre-.
serve the integrity ana purity OF This Government,
and they would never make the admission the gen.
teman made that the funds, by remaining in the
treasury, would be diverted to corrupt purposes.
We shall as certainly obtain possession OF the gov
eminent as there is God In Heaven; and will ad
minister it with purity without smell of fire on our
garments The gentleman from Virginia might
talk as much as he pleased against the Know No
things-they will restore the government to its orr
gina! purity.
Mr.. Seward offered an amendment making ap-
propositions for Harbor improvements. He thought
Infinitely better TO appropriate the money to i'm.
prove Southern Harbors that the largest class of
ships may enter them, than to spend Ii in the con-
sructlon OF vessels with draft adapted to Southern
harbors.
Without concluding the action on the bill the
committee rose, and the House adjourned.
EaREzzLEMENT IN A BANK.-Wm. Post Sackett,
receiving teller in the Market Bank, New York. has
been arrested upon the charge of embezzeling the
funds OF the bank to the amount of $25, 900. His
own statement is that during his employment in
the above Bank he speculaed rather heavy in Rail-
road stocks and bonds, and was at one period
worth over $4,000 clear of the world but in con-
sequence of the hard times, he met with extensive
losses, and unable to make good his &C.
account In the Bank. He also asserts that he had
turned ali his assets, bonds and notes amounting TO
come 81, 900 to the Bank, and could not pay the
balance
CRIMINAL MATrERs.-A New York letter, dated
Feb. 10, In the Baltimore American, says:
The trial of Gray, the vitriol man, was set down
this morning but the District Attorney being con-
WINGED OF the prisoners insanity, announced that
ne had abandoned the prosecution. Gray will now
be sent TO the, Lunatc Asylum.
Azel Eerrari. the Portuguese arrested on the
charge OF seducing. on promise of marriage Eliza.
beth burner, an Irish GIRL was brought before the
Mayor this morning, and consented to marry the
woman, rather than go to the penitentisry.
Charles Reinhardt, charged with taking young
woman to house of bad repute, as set forth be.
lore The Mayor, on Saturday has since been arres.
ted but prisoner is likely go free it is said the
statute 10 such cases not applying to the case of
married women
FATE OF THE FRENCH SPoLIATIoN BILL The
washington correspondent of the Ledger says ::
II Is not yet known whether the President will
s s the French SpoliatioB Bill or not We hear
ahefent account every hour so that it is needless
:. speak OF any OF them number OF members
$3.50 soted against the bill, have learn remon.
sNh teO against the prps6enfis IL T,o.a IL