Daily Democrat and news. [volume] (Davenport, Iowa) 1859-1864, 1862-02-28

(B0o Wooouo8tOUe
WAsursGrox, Feb. -.
The Ttsasnsy. NeGe Bill, q finally
passed, provides for the issue Of one hum
dred and fifty million dollars in Treasury
notes, and 6lty million dollars in lieu =
demand notes issued in July, and TO Do
for then - fast - practices
BE. These notes are to be receivable
for oil dsbts due TO and from the UNI
ted States, except duties o. imPostc1
which shali b paid in coin Or demand
notes hssseolore authorized % b fses'v'
ed, and By law receivable in payment
Of public dues and interest upon
bonds and notes, which shslI b Paio
in coin. The notes are to be lasfol
money and legal tender for oil purposes
except - above added. Depositors Of
notes OF not less than $50 are to receive
in exchange bonds bearing per cent:
interest, redeemable after I've years, and
payable after twenty years. Five hum
bred millions Of such bonds may be
issued by the Secretary Of the Treasury
and sold at market value for coin or
treasury notes. Receipts for imports
arc to be set apart a. fund for the
payment in coin of interests.
The other provisions are formal.
The Secretary of Wars late order is
intended to apply only to war news OF
q nature affording aid or comfort to the
enemy, y touching intended move
ments.
The House Committee on the Con.
duct of the War had long interview
with the President last night. l learn
from member Of the committee that
its members have been unanimous in oil
things since it, organization.
The Navy and Treasury Departments
have not hitherto pulled together on the
question Of giving permits to trade at
Port Royal and Hatteras. Mr.. Welles
tells Mr.. Chase that he has no objection
to them, if Chase chooses to grant them.
Mr.. Chase says he will grant in all cases
where Wslles certifies that the shipper
carries necessary supplies for the use Of
the army and navy. He has sent every
application to Secretary Welles, being
apparently afraid of breaking the block
ade. 1t Is now said that Chase issues
numerous permits to trade on the coast,
az we'll as on the Tennessee and Cum.
berland rivers, countersigned by the
Survey ors of Customs in the West, and
by special officers on the coast. Appli-
cants will be required to give bonds a.
security for their fidelity.
1t il said that Gen. Sherman's sol.
diers have been induced to sell their pay
at discount of fifty cents Oh the dol.
lar, by representation that the Trea-
sury notes never would be redeemed.
The additional Psymasters will pro-
badly be dropped from the rolls, the
Paymaster General agreeing with the
Military Committee that there are too
many.
The amendment to the Congressional
apportionment bill passed both Houses,
giving one additional member each to
Vermont, Rhode Island, Pennsylvania,
Ohio, Illinois, Iowa, Minnesota and Ken.
lucky.
The Armory Committee agreed to q
report in favor of National Armory
east of the Alleghanies, and an Armory
Foundry and Manufacturing Arsenal
west Of the Alleghanies, the cities Of oil
to be fixed by Ave Commissioner %.
pointed BY the President, who shall
sen 4 the result, together with the esti.
mates of cost to Congress.
The works are intended to be at diff.
ferent points.
Mrs. Lincoln and her youngest son,
who have been quite unwell, are i'm.
proving.
The steamer Baltimore, direct from
Roanoke Island, reached the navy yard
to-day. She was not fred on by the
rebels, although the night was clear.
Dispatches from Flag Officer McKein
announce the capture of brig and two
schooners off the Southwest Pass.
The amendment of Mr.. Sumner is to
the effect that Starke, whose case is
pending in the Senate, being charged
by afidavits with disloyalty, is not
entitled to his seat until an investigation
of the truth of the charge will put the
naked question to the Senate, Of its right
to exclude . traitor, who, bearing Gre
dentias from the Governor of his State,
and ready to take his seat there. 1t is
the opinion that Starke will be admit.
ted, although several Republicans pro-
tested against their votes being consid.
cred precedent.
The Senate Committee on Naval Al.
fairs agreed to report bill reducing the
salaries Of the highest naval officers in
twenty intermediate grades, and fifteen
in the lowest, 10 per cent, and abolish.
ing naval agencies, naval storekeepers
and hemp and Iive-oak agencies, the du.
ties to be heuceforth performed by reg
ular navy officers.