Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1861-04-04
OEP WA,SHINGTON LETTER.

WAsulSGToN, April 3.-'fhe President,
and members Of his Cabinet, express them
selves highly gratiied with the result OF the
application 10 the public iUr a loan OF eight
millions OF dollars. In my letter Of yester-
day, | stated that the amount. in the aggre-
gate offered, WAS twenty millions, it turus
out that proposals were made for upwards Of
thirty-threa millions. Secretary Chase has
decided to accept but three millions OF
the bids The rate being uincty-iour dollars in
the hundred. the remaining i've millions will
find their way to the public in the shape o.
Treasury notes bearing al interest Of six
per cenium. was in error III saying that
there were no bids from Maryland, Mr..
Bavne. CT Baltimore. having proposed TO take
II considerable amount but at too high Il
figure 10 be accepted. Some of the bidders
express much disappointment, and indeed
COMPLAIN of the decision II the Secretary III
refusing TO accept the offers at higher rate
titan niuety-four. Doubtless the Secretary
was influenced By the advice and counsel OF
experienced tnauciers Of Wall street, New
York, State street, Boston, and either cities,
secanded by the President ana the Cabinet.
John c. Rives, editor Of tire Congressional
Globe who offered 10 take twenty-five thou
sand dollars OF the required loan, at ninety,
remarked to Il friend that he would have
liked to have secured the amount, not Tor
speculation, but Tor a pcr'niiont investment,
aud moreover he wan;ed the administration
to know that there was some one III " ASH
inuton who had II little OF the ncediui, and
repoSed confidence in the continuance Of the
government. MI RiyeS has acquired Goa
Siderable property by his great business tact
and untlagging industry, and, NJ The risk
OF embarrassing him ana "iIendinS his moi
esty, | VIII say tDAS 1t roalo not &c III
more deserving handS' hefe l WI" ,7'
late an incident which Is crcaltaGle ~ the
heart of Mr.. isives.
One OF the congressional reporters ot the
Globe, most competent and faithful man,
VINO had long been enGasc> III the business,
was taken Ill and IN " lew days was deprived
of his reason. Ills friends conveyed MN 10
the Lunatic Asylum at Mount Hope. soon
after this o gentleman meeting with Mr.
Rives enqured about The means oi inc ois-
tiers Of the Insane man. lie was toic th"'
they possessed 10 means, but were excellent
and deserving people. Then, SAID the H.
quirer, propose that we call upon HE ed'-
tors, correspondents, and reporters III the
city, to obtain contributions for tic present
maintainance Of Mr.. - IN the asylum
and Of his family here. Give yourself y"
trouble Oh that head, (si;id Nh. lives i"r 80
long as my insane tnend and myself i've:
the amount which he has been a2cu5tn@ed
for years to receive for bis services Will he
promptly paid As usual.
The intelligence from Texas Is 81 q start
ling character-import"nt = h''". Should
the story be corroborated, winch is very I'm.
probable, we shall soon hear Of the com
mencement Of husJih'ias and blood and ra"-
mage in that region. Every man IN Texas
is either d soldier or acquainted with til"
use OF the gun ard the rifle, h"1 zen Au'