The Local news. [volume] (Alexandria, Va.) 1861-1862, 1862-01-15


immediate consequence Of recent represen-
tations of the opinion of bankers and other
capitalists, who demand economy in war
expenditures. Upon the acceptance of the
second fifty million loan, the same parties
made the same point, not only in regard to
the War, but the Navy Department.
Mr.. Sherman has introduced bill into
the U. S. Senate, for retrenchment in the
Army expenses, in the matter of the pay of
officers from generals down to lisutenants.
British orders having been Withdrawn,
the price of whale oil at the North, has de-
clined.
The U. S. House of Representatives has
passed the bill abolishing the franking pri.
vilege, by vote of l07 to AZ.
In the U. S. House of Represen tatives,
yesterday, Mr.. Julian. of Indiana, advocated
the abolition of slavery in the South, even
if he had to trample under foot some of the
vital principles of the constitution.
The letter of Count Rechberg, the Austri-
an Minister of State, to Mr.. Hulseman, con-
corning the Trent affair, is very kind and
respectful, but decided in its approval of the
course OF England in requiring reclama-
ton.
The New York Tribune of yesterday says:
'The movement in gold continues, and the
trade has been brisk at q per cent pre-
MUM. The demand is chiefly from the
Southwestern interior, but the high premi-
um of last week has brought out large guam
titles from the boarding places"
Lieut.. Fairfax, U. S. N, has been appoint
ed commander of ordnance at the Philadel
phia Navy Yard.
Mr.. Pearce, of Nd, said, in the debate in
the Senate yesterday, relative to fugitive
slaves, that the Union could not be restored
if the policy was to be emancipation for in
that case there would not be Union man in
the South 1t was in this debate that Mr..
Garlic was intimated, by Mr.. Wilson, to be
following in the footsteps of Mr.. Mason; and
that Mr.. Sherman rebuked Mr.. Wilson for
the intimation. Bqi4t.a, a.
The duty on -four imported into St. Do
mingo, from the United States, will ihereaf-
ter be SO per barrel.
The Washington correspondent of the N.
Y. Post says: The spread of the smallpox
in and about this city has alarmed the civic
and military authorities, and army and peo-
pie within ten miles of the capital will soon
be vaccinated. 1t is said that there is not
enough vaccine matter here for the use Of
the army surgeons, but this can hardly be
possible. Cases multiply in the city to such
an extent that the newspapers have been re-
quested to put the people on their guard"
The great crop of the West is corn. Iowa
produced last year, estimating the yield at
IS bushels per acre (which is 10 bushels less
than in 1861, over fifty-two million bushels.
This will fatten over $SO,OOO,OOO worth of
beef and pork, even at the present low
prices.
The New York Journal Of Commerce says:
1.-The exports of produce are not sufficient
to pay for the credits maturing in London,
and other sums which parties wish to remit,
and therefore there is call to pay the bal
ance in specie. That call, of course, carries
exchange above the specie point.
1t is known that after the departure of the
Burnside expedition from Old Point, the
command devolves upon Commodore Colds ;.
borough of the navy. Gen Burnside will
direct the land operations, if any should
take place..
1t is said, in the N. Y. Herald, that Mr..
Cameron was quite as anxious to resign, as
many were to force his resignation.
In Danbury, Conn.,, last September a man
named Doran was murdered mysteriously,
and the offer of liberal reward failed to
detect the murderers. Lately the reward
was increased to 5000, and Patrick Ryan
me of the suspected parties. writes letter
% one Of the surviving brothers, of the mur-
Tered man, saying, eff you don't want to
ose your money, you draw it back" and of.
ering to give himself up and stand trial.