The Lansing state Republican. [volume] (Lansing, Mich.) 1855-1874, 1861-04-10

SPECIAL D:soat to tho y. Y T i5une.
Washington. April .
THE EIGHT MILLION LOAN.


Washington, April ..
THE EIGHT MILLION LoAs.
The opening OF the BIDS for the IS. 000, coo
loan attracted q large gathering of bankers cap
italists, and others at the Tr.a.u-v to-day. Al
rhe appointed hour NJ. Chase appeared in the
onm If the Assistant SECRETARY, and the work
nm. dia,ey con memo, Ever, pr.cau ION Ma
aiken against error; ard. to iIsur. the utmost
Satisfaction, the lett, RS opened by Nr. Rod
,uau, Chet Clerk, then hard,d To Mr. Chase, who
called the name and place OF re-iderce, then {"
Mr.. Harrington, As,is ant Secretary, Who stated
the amount and rate bid, and then record, d b.,
Mr.. Handy, the Clerk, ~ho repeated them octor,
entering Thus any mistake could he i'nn'edl
At. ~ detected Tbs pro-,s- occupied three
hour and halt. during which time of the
spectators remained. The s4ne personal in
rerest was never exhibited on any former coca
sion.
The aggregate amount of bids reached within
fraction of S34.HuW a. exceeding fouriold the
um Quired. Under the law wEich authorized
this loan, the secretary has the discretion OF ac
cepring or refusing the BIDS ~birh have been
made, and at substituting Treasury hnte>, Inch
are receivable III payment OF public dues. Ac
cor dit To All estimate made at the Dcparimel
this evening, il tie whole s. LOT, 900 should br
accepted, all offcts bel0w ~ is would be exclud
ed. The Secretary will determine To m"rrow
ahether he will take tn :. bii- or discriminate
ia favor IF only such lie regards IN ~ a'ivan-
tageous to the government. His present incina
ton Is 10 e. CT al! bclpx ~, AID peihap, TO re-
is upon treasury notes for the Test Tie amount
hid at "a and Upward is IS 1926 600; between
80 IS ard ~, $3.50 600; brt~een y3 50 AID
s3 IS. s'.i27 900. Total Of the three classes,
81. Us 900.
IL ia now considered ncarly certain q at the
new Treasury Notes can BE- put out at par. or ~
4 fractional premium An FIR OF - oOo nOu
,t l Per cent was made to day, independent Vi
the loan bids L. order TO have the advantage
Ut this resource. the Secretary has al eady der
ed the notes to bc engraved. So 30 b. prrpar
ed to issue them il necessary. The Treasury
| has been put in the best possible condition with
IN the short time which has elapsed since Mr.
Chase ente,ed office. A comparison with the
| results five weeks ago will illustrate this pOii,,
| more satisfactorily. The bids for $50 O,OOO
advei iii ed 10y Gen. Dix were opened ON the 20
ui February; Sl4. 46r. 900 were offered al 80 :
| or about 3 per cent less than now proposed -
This Improvement, Ia the face Of EXISTING eI,aar
ta-sments is the highest proof Ut Col tiiesice IL
e Administration. Capital wInO seek invest
ment without that cOIt fence.
THE EXTRA SESSION PROPOSITION.
SO far as means are concerned. no nccessir,
| for an extra session exists Nothing but SON,
great public emei geney will induce the PresideE
| to summon one. Thus far, the =, Venues hav,
| reached within few thCu.and dpllt's Of The IS
Inmates made soon alter M. Chase came into H..
| Department. The reasons asst gned in pplItica
CT Giles for calling Congress tOg, Their are not re
gardrd ss sufficient here. There must b. siron.
| ones to justify such a resort. even though regar
| ded with favor oy POI ton of the Cabinet.
correspond nee Of Inc Chicago Tribune
Washington. April l, 1861.
An occurrence at the White House Oh Satur
day evening, the details Of which learne wee
teriAy morning, furnishes additional evideLc. 0
| the soiicitudc of the Pre>id mt to redeem th.
the pledges given in his Inaugural. and di>cha' 9,
fis constitutional dufier without fear If cons.
quencts AZ the stated tine, three West. n
COngressineu, one Of them United States Sen
| atOr from Wisconsin, called the Presdc b,
special appointment. They found him ei gage.
IN looking over number Of maps OF the Gul
| coast. After few minutes of general coavc! 81
ton, one OF the visitors toll him that TN.
| thought it their duty, previous to their depar
| 'uIe for their western homes, to Inform tn,
Executive VI the anxiety Of the l,,al RepublI
| CANS Vt the northwest. To see the outraged
honor and dignity Of the Federal Govefnmeu
| redressed, and is authority maintained in all th.
states VI s"e C'i".- by Republican Preside, Z
The spokesman then referred TO the demon IA zln.
and Illuminating effect Of passive attitude Z
| the Gov rnine mt iii the fear ot rampant treason
| aggression and rebellion, AID i..tma,rd ,ha
although the people they represented had recoy
hized the "inexorable uccc-si,y" of the evacu
of
by it. they had hoped the Federal property We
si,hin tic control Of the govern men, would b,
| held aud protected aud the revenue LAYS execu
ted. In reply to this the President gave Iii
visitors TO understand that the evacuation o
Fort Sumter WAS not by any means "A settle,
| fact: that il was certain " his anxious desire I,
| maintain possession Of the Font, and that l.,
would greatly regret 10 be obliged to Yield t,
necessity and withdraw the gar, isoii; that "a I.
the other forts, he knew his duty ard woul,
| iul6il it by holding them TO the last aud il
| regard to the Collection of the revenue, IN,
Executive had no other alternative LETT ,han 1,
exact its payment as far as it lay in his power.-
| Comment is UNNECESSARY.
| Sec al Dispatch to the n Y World
| Washington, April 8. 1861.
| Dispatches have been Received from Ii, ut
Slemmer, at Fort Pickens, today. and there l.
| no longer any doubt that the fort has been rein
fVIced and left ~ u condition to hold out E.,
| some time. The order given two week
since. aud has been fully complied with, Il u
relieving the Administi alton vi a load of anxirr,
| Lieut.. Gilman. who WAS the bearer of the dis
patches, will give tbs evidence to morrow befor,
the Armstrong court martial.
The news from Texas, stating that Genera
Ampudia was marching upon Brown.vllie from
| Mexico, was not r, crved here till noun to day
AID on being bull-tined, created much excit,,
u-nt. Ii is regarded a. a fearful blow at III,
Confederate States, and one which will 500,
sicken the people OF Texas with secession, i
that has not Already been the result.
| The Lynchburg Republican s,ares that VI.
| Bruce. mail agent, Was wait, u upon Oh Saturda,
BY a puta'iOn Of citizens OF Culpepper Cour
House ard informed that he would not be "A lon e,
% pass through that village again as mail agen,
Ar. b replied that he would do so. no M rte
shat we're the cons. qlei crs. and he wen
through 10 Lynchburg Oh Mo.day, and returned
Ia Alexandra Ola Tuesday, without being mvlest
ed IT airy point en- the entire ute.
| Washington. April 3
Washington has presented decidedly Wi, k,
appearance to-day. One company Of sappe,,
and miners left the CITY in the morning. while al
The batteries of artillery we're paraded through
the streets During the dsy a preparation,
grand dill took place east Of tie Capitol Tn,
rapid evOlutiOns of the COMPANY a. thev darre
through the streets. alarmed lady, who believed
| war had commenced The h ,ttr,irs ,f sr,ill.,,