The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1863-03-12
NEWS ER0M. -WAShiNSTUN.

she government finances as worth mora to~ard
washing out the rebellion than a hundred battle,
IL insures TO the government all that is neede
TO Keep the inachae moving until July, 1884
ana WIZ 'eaa Greatly to rstore public confidence tn
ability a. alted States 10 meet All obligations
u Is ."v''n to 20 thc intention OF Mr Chase +
avoid isstn single dollar of legal tenders, if pos
s'oei al ~ lAed ppFnose TO check any imitation
Inc cnrfcney, and to realco by every exped,onfth
sx'raor dilary price Of gold. II is estimated that tn
receipts INTO the Treasury will be Sufficient In excess
the ordinary OF the government to pay or he
whole public debt ten fifteen years This debt on
The LIST Of July, 1864 will be only equivalent 10 the ne
profits Of the loyal States for year. and the annual
appropriation of one.tenth Of these net profits viii
'ex.lnguish the debt In ten years. This remarkable
ste Of facs has already aroused an increased confidence
In public securities. Subscriptions TO the Ave-twentcs
toan which for several weeks past had entirely
ceased are now coming in and daily increasing The M
oroasc in these subscriptions has boon great that Ia
estimated they will average two hundred thousand dollars
per day within the present month. &a "a
CALCULATIONS AS To THE DURATION or THE WAR.
1t Is stated IN Official circles that Mr. Chase considers
TINT upon the basis Of legislation the war may be
continued for ten years. Something may be gathered
from such remark a. 10 tho character OF future
warfare. The system may be to advance slowly and
surely In all directions, TO encourage ensmens Of the
people in districts within lines and 10 countenance
therein the administration for purchasing on
government account the products Of the South which
was defeated In the Senate But the policy OF making
conquess by trade and commerce with the rebels may
be effected through others. Mr.. Howard or Michigan
supported the idea Of holding out Inducements to the
rebels TO sell their products II this sensible course =
pursued and the populations DO calculated, al
the armies gradually advance the rebellion must,
70 the idea OF General Dix, DO finally
out Hence tho steady sitting OK negro en-.
listmcnt bills towards tho close Of the session, and
hence the OF General Banks in ingratiang the
Louisiana planters. It was tho old idea Of Mr.. Chase
when he held letting the South CO. that 1t would come
back by the law effect OF trade OF tho
then be prosecuted at reasonable expenditure and
restored confidence would cause the Investment Of
most Of the spare capital Of the country in
government securities; the constantly increasing
receipts from internal would pay tho interest
o. the public debt and leave q large margin for
ordinary expenditure.
THx ALMApEN DECISION AND THE QUICKSILVER
MNrN0 COMPANY.
The Quicksilver Mining Company hold title under the
3lskoan grant to Justo Lavos which confirmed BY
she Supreme Court OF tho United several years ago.
The only contestant tho Almaden Company holding
und The pratspasa grant e Qaicsro. which the same
0g1ft has just decided to be void. Tho title Of tho
sssslsd the patent win issue - soooa q the
survey Is perfected. The yield Of Tho mines
has been from million 10 miliisn and quarter
nualiy. The Quicksilver Mining Company have claim
BY virtue this decision upoa the Aaden Company for
ell the proceeds tho mine Tor over years. which
ths stockholders Of The Quicksilver Mining Company
entitled.
Ihc decision given yesterday In the Almadon np
pears upon strict examination all the important
points, and to In every respect the title Of tho
parties claiming under the government. Efforts have
boon made By spectators to doubt upon the
completeness Of the decision, and largo association has
been formed bore with the view to buy up the whole OF
she stock deprecated price. This company rapid
lily completing their arrangssnts being entirely satisfied
that the decision the supreme Court gives perfect
tne, and that, a soon ~ the facts positively
made public the stock win bs worth fifty per cent
premium. There have been heavy transactions in this
stock here to day and parties tho secret anxious
TO buy all that 10 offered
MOVEMENTS OF DISTINGUISHED GENERALS.
Major Generals Stahl Burnside, Rousseau and Crten
den were At Growers theatre 70 night.
CONCLUSION OF THE sEsArE's SESSION.
The senate will end Its session this week. probably 10
morrow.
THE PROPOSED TRANSFER OF SOLDIERS IN THE WASH
IN0TON HOSPITALS.
prospect Of order being issued TO send all those who
havo sick three months 10 the hospitals
noarest their respective places OF abode.
GENERAL ULLMAES's NOMINATION. CONFIRMED.
The nomination Of Colonel Daniel Ulnann Of the seven
ty eighth regiment Of New York Volunteers brgadier
general confirmed Executive session by the Senate
to-day, his commission 10 date from January 49, 1868.
GEsBH AL FREMONT NOT BEFORE THE WAR COMMITTEE
General Fremont has not has been stated recently,
been cxamined by the Committee the Conduct Of the
War
ACTING COMMISSIONER OF THE LAND OFFICE,
In tho absence the North OF Judge Edmund Commits
soner Of the Land ONCE, Joseph Wilson, Esq, is Acting
Commissioner.
LARGE RECEIPTS By THE SOLDIERS OF FAvoRs AND
COMFORTS FROM HOME.
To the great qualification OF the soldiers Adams Ex
press has delivered during the last ton days immense
quantity OF boxes and bundles to the army and General
Hooker solcous for the welfare and comfort Of his
has made ample provision for che speedy distribution to
tho camps Of all articles hereafter through
the express.
DELEGATES TO THE CHICAGO COMMERCIAL con-
vENrfoS.
meeting organized at Wizards Hotel this
ing - select delegates TO tho Commercial Con.
vention OF Chicago II was called 70 order
ba Mr. Morris, and Colonel D. T. James appointed
chairman The following delegates selected ;Hon.
Edward Bates, Hon. kobt Walker, Maj Geo. Hcinzls
man Brgadier General j. g. Tottcn. Professor J. Henry
Professor A. D. Bache Rear Admiral A. II. Foote, Admi
raj j. A Dahgren, Colonel B. Fry, Colonel Stephen n.
Long Messrs. Pred. w. Seward. j. Madison cutss. W. r.
Dale Ward Il. LAuon, W. II. Dunneuhower, b. ,. James
Jn NJ. Edwards, r. p. Blair, John G. Rvss, Robert H,
Morris, W. o. stoddard, W. Forney, W. w. seston, v.
B. stanton A. Pennsld, 8. r. Hsuscom, G. storrs. J. NJ
Norman, Hon. r. walsch, Hon. Andrew Wiley, Horace
white and DR.. Peter Parker.
-cLEARrSa OUT OF THE SOCIAL ExcREscsscks OF
WASHINGTON.
General Martindae, Military Governor Of the District
mas adopted energetic 70 rid Washington Of the
horde Of pckpockes thieves and scoundres Who ines
the city 70 the Of government contractors and citi
sens. Today small squad Of notorious 'ncvos wer'
p,raaed Pennsylvania avenue guarded by soldiers sn'
accompanied by drummer aod der playing 9TH
logues March" Pacards upon tho persons Of tine cul
prs In front and rear indicating tnsr' rank N pick