Evening star. [volume] (Washington, D.C.) 1854-1972, 1857-09-30
WASHINGTON NEWS AND GOSSIP


Nicaragua has had in the last eight years, as
mentioned by US a few days since, tho legiti-
mate number she should have had in that time,
according to her constitution being two. That
is, but Single change. We name them for his
information, as follows. Viz:
Justo Abounca Roberto Ramirez Pindera;
Montenegro: Alfaro; Furto Chomorro; an
other, who wss eminent lawyer of Granada,
and was subsequently killed by the Indians in
the province of Segovis, Whose name we for
get, though remembering his history Castl-
Ion; Rivas; Walker, claiming to be indepen-
dent Of the existing government of Rivas, and
shortly afterwards expelled from the country;
Martinez and Jerez, conformity
goodly number, truly; none of whom, ex-
cept her present joint Presidents, were in power
three months without a serious attempt at rev.
Olution, or the existence Of an armed organiza-
tion in the State against his Government The
lesson taught the Nicaraguanese by Walker is
evidently working legitimately, or there would
not have existed since his expulsion the univer-
sal accord Of all classes and interests there in
support of the Martinez and Jerez Government
The MONEY CRIsIS.-Secretary Cobb is win
ming golden opinions among those of the North
whose duty it is to have cash (coin) in hand at
this time. To his foresight sound liberality
and promptness of action, do they, for the most
part, attribute the ability of the New York
banks to pay specie, just now, and thus to pave
the way for the speedy and general resumption
elsewhere. The New York Times explains the
train circumstances which has thus proved him
to be the = friend in need" to the community at
large, without In any manner compromising the
public interest or transgressing the strict line
Of Democratic official proprety, as follows
Such narrative, from such a source will prove
as valuable TO Secretary Cobb's future, as it is
unexpected
THE Secretary Of the Treasury has done the
community OF merchants, bankers and other
business people real service through the pres
ent trial in money affairs. He has promptly and
sudioUsly fo- thirty days past sha ped the govern
ment disbursements to the largest measure of Pc
cunlaTy relief We have seldom known public
funciionary under similar circumstances to mani
fest so much practical sympathy. We had occa-
sion early in July to commend he timely disburse-
meBts made from the New York Subtreasury
when il was anticipated that the first accumuIa,
ton under the new tariff might work inconve-
nience TO the bankers. But the measures taken
since the close of August have been doubly vau-
abe, and ought not to fail of proper comnenda-
tiOn
"On the 2ith of August, when the panic began
In this city by the failure of the Ohio Trust the
Subtreasury held twelve millions and d half of
dollars of gold of the twenty two and a half mil
lions in the city-the banks having lost heavily
the previous week by export to Europe. Seeing
that our banks would be greatly stIengt hened by
concentrating the government disbursements at
this point, and by promptly auditing and paving
the special and general appropriations OF Con-
gress, which We're made TO take effect after the
ist of July, Mr.. Cobb has reduced his balance in
New York TO the amount Of S2.75O 100. nearly
every dollar of which went into bank The con-
sequence is that to-day the position of the specie
held by the SubtreaSury and the banks is COM
lZf.N 81
most relief the secretary could arrange for under
the law.
These disbursements will be rapidly con-
tnued- Mr.. Cobb determined, few days since.
10 reduce the premium which he is paving on the
public stock unless they are sent in forthwith
for redemption. His desire is to distribute his
balances, as far as they can be Appropriated TO
this object, TO the best public advantage, and at
the earliest day possible to affo.d relief to the
money mar ket. The new order is, that up to the
list OF November he will continue TO pay sixteen
per cent. premium and the accrued interest for
the bonds and certificates of loan of 1e67-6s
After that date he will reduce the premium TO
fourteen per cent. One or more of our leading
Savings Banks, we learn will avail of this notice
at once, and having the opportunity to reinvest
send on their Cnited States bonds and certificates
for the higher premium The operation will be
equal to 80 much gold transferred from the Sub
Treasury 10 active banking use.
There are other movements Of the Secretary
which have come under notice tending to
similar relief, though of less importance. The
whole effect las been to pOpudTize the Sub
Treasury system, IN a season Of severe pecuniary
trial. and 10 afford degree of substantial aid to
business Tor which the public are largely in
debted to the practical sense OF the head of the
Treasury Department
ARRIvED--The arrival of Dr.. Tate Of Vir-
GINA, who is understood to be about to succeed
the present Sixth Auditor of the Treasury to-
lnOrrow-at the kirkwOod house yesterday
caused an amusing futter among the large bat
TALON OF the clerical employees of that bureau
II one may judge from the number Of them
gathered IN knots in the public rooms of the
hotel and on the avenue in its vicinity Keer
cool, gentlemen, we pray you. The Doctor i:
well known to be a very approachable and
frank gentleman, who will eat nobody upor
hrst sight His long service in the Senate Of
Virginia has doubtless prepared him to take
matters here a coolly possible, that beins
the most rational and philosophic way of navi
gazing through life under all circumstances
Well inquire that his urbanity and kindness Il
all under him will be found equal to that O.
his so popular predecessor, for they were mould
ed In the same school Of politics and personal
ties.
The FORFEITURE OF PREVENTION RIcurs
Twelve months Is allowed from the date Of set
~ "H4NH W liVhC up CIdiHlr on OffereC
lands. The question has been raised. whether
where parties have been misled by erroneous
information at the land Offices in regard to tn,
period of time in which they are bound t. es
tablish their claims, that fact will exempt hin
from forfeiture.
1t has been decided that he il bound TO tax,
notice Of the legal inception of his claim, anC
To keep within the Limitation provided by th,
statue Failing to do, he forfeits
Had he presented himself in time, and Their,
had been any delay or refusal Of the local Of
hoes to adJudieate his claim he would have don.
all the law requires Of him In that case h,
could consummate his claim at any time there.
after.
THE pRopoRTIox I'm, ~. A.