New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1862-01-29


for The steamer is on tie national finances:
Is been no s.r.l chsrs- IN The condition o. as.
MsshioFon tnce last circular. The Committee u
Nays snc Means have reported 1 an i'le Of benard
y cent Coupon boud 70 amount not eEoecdng 100
Coeo Tie 'u9eei esme up yr'sTtay b,ios re noa.r
~. on5 NJ, h. -pri,ed II thi. feeling Aon,d slow the
bill 70 bosols law it leaves 10 ,doption OF its pro
yons by the public entirely optional Tie oly po"i1'e
,bieor h N A. a M A. th.; ~, eous time 80 Necessary TO
perfect useful plan, msy be wssod over T. Il Is sso
s;tss, a., ot pr.hsrd the i1n,nrc. Of The efi.s or
lack, courage meet It. t well Known tat IN h''Feeh
81 LAT h. ts,e5 the. the condition Of the Te..
Al 5as last named tie aoa,inT debt OF tie
was probably sIOoO0oO0 Such sht mistake OF
,,Sg.nt ,aen,s incredbls We cannot .ccoun, Tor T.
cit nprsbsts .ht this bill may be solneWitt amended
OF give place smother more pehes'iy ia g. chAiAeis
scheme should b. sdopsd that does not oPose 10 meet ~
ascertain the Of these WANT Iof this purpose
lean bst the Con ttss Of Way, and Means sd6sed
t. a. 20 20 d. sonasS o. bis btpartn.ni rSs ~
PROBABLE calls vpou for the cenirs month";. i1s com
n not formal and authoritative call viii be made b,
While tbe greatest confidence prevails the part Of tho
public the sby u the country 20 fePerish ths Iies.
vcou ihsf there be radical change 70 the policy OF
ysoanei Of the latter The policy TO which M hs,. Gotta
nted u.sef regarded on al bSnds utterly usde4use
to ira objects sihoush being - tey harmless " wei "a 10
prsc soe Il erci;ss oui ie OPP s.ion OF seh n II
Sps OF sood nature member, Congre., Disposed to
lie. MI C.s Auuse himself with h, sceme he chocse'
~. Lou.veT in iee ping With Nj Cbases oms'e from
the outset In July lie estimated tie r. gcnuss 80 oOo9
nom source. Win produce @0eooco' lie no"
yecommeno. revenue Of onls ESQ c0 from all
When he Is spending 100 49,. o ih-llJ
policy s 70 be referred Whistler 70 traditional
ideas opions formed uld'r very ddr,n; erun stance.
from those eristitgto want o. hnerch experiences o.
training OF ooursE. to meet the vast eapon'bi now rest
tx upon him One thing certain ihs without raiica
chsns. Of his policy plans lie cannot ous cary IN the
/ financial operations u Oofofrtlrht
In contrast 70 ~ ih. !, " ses' deief to tn,n TO 'e'
demanding the tdop,oa Of ysiem Of teitton ta1 'as
any issue Of bond. that Ooyefneni may De called upop e
msle COrgess IA Cly tliye 20 the subject "a pied
both in and ou o. It's chamber ~ 'ls d'elsot hu me
nangnftnon Of Hoysi sIu yiipst So W IeiIns
much TINE Ia The interim the hnarei, uahia Of o9s,fn'
inent viii be P,e,,9s. Ih' revenue "'i" 'ii''f'"'y
Tb, can be done b, an Of Ts,suTy Not, 10 h probs
speont fora year 70 come Ths sI.. s,sa .ndto be
their par value and win a. the same tine the most
nj faneo1 Of currency An sasqgss a.'Ie,. system W"
the demsnd in 2o year bonds win Immediately com.
iHcean. in 40 equal aeses the present meaAi Of
While therefore. Cong..s !, folly alive to the Importance
Of immediate action It S probably think the wiisT
to devote Few day, to The Development Of plan 'deqn,
TO condition Of srss ana which Will c. nmsnd pop
ttsn to eso % eIpeteut, merely temporary 10 their
character but which must rccetsery embaIrss future
action. But whssveT taken We assured that
Congress wi enter upon the work immediately ard enef
eeti Aly.
Attorney. General Bates has given an opinion in
favor Of the right OF Congress 10 make demand notes
legal tender. II is aso understood that tie Secretary
Of the Treasury comedies in this view, under exist
ing circumstances.
Quite radical report was made by the Committee
on Banks in the Convention which has in chnrge the
revision Of the Constitution Of the State Of Illinois.
Tie article proposed OH that subject iorbids the
formation of any banking corporation in the State,
and the circulation Of any foreign bank note Of
lower denomination than So
The Chicago Timer says:
The immense pressure OF Ka,wara freight, which las 20
eubsas,ed tie railroads since the close OF navigation in
s"ed decroa1Y the sducss rather 70 be
on me incres most u the roads having bren refusing eip
or ZONE ~tsts ard iie Michigan Central which has
Teen ~" ynr road condition any cOusds sbe
soht OF shipments for the past mouth has from the bloch
4dus Of ~ issteIa been compelled sLui Cd
We tie ESQ 10 learn That tie delay viii be but temporary
ot ~ IL pr rs 'hort a. may shippers VIII be seriously in
iicnc'i thereby.
The weekly stai ement Of the Philadelphia banks,
made up Monday afternoon, presents the following
aggregates ar compared with those of the previous
week