The New York herald., 1863-02-05

| IL 10 oe'ioved mere tnV CA N'''' -
! ships are
| Keokuk. Catskili
( Nantucket Sycamore.
The Secretary Of the Navy has received Attenuation
that the Patapsco loft Fortress Monroe join the other
mailed vessels. Thus all the Ericsson batteries may be
expected 70 be engaged in fight before two weeks.
four correspondent makes mistake suppcsing that
all the vessels named could DO ready In four days. The
following is correct report Of their present stAte:
Vessel Where State Of Fov,oordna -
keokuk New York. Ready a two weeks
"a skili Greenpoint. Ready Ia two weeks
sssa%Grs, Nsrasss Chester Pa. sssay n !. wssx
or course extraordinary exertous such prepared
tho Rhode island aud Connecticut might result In the
completion Of oil these ships within the space Of ninety
SIX hours.--ED. HEkMD.l
THE sHKATz COMMITTEES .AMENDMx,rs 10 THH
| C FINANCE BILL.
The amendments Of the Senate Finance Committee to
the House bill providing ways and means for tho suppor
Of the government important The Secretary Of the
Treasury authorised 70 borrow 5000 CO., and
therefor coupons registered bonds payable after such
periods may be fixed by him. not less than five
more than forty years from date in coin, and OF such
| decoa ,uatione not less than $50 as hs may deem
ekpeaient bearing interest Ut not exceeding six
centum per annum. payable tn bonds not exceeding
500 annually, and all other bonds semi annually in
COIN Tho Secretary has the discretion dispose Of such
bonds at any tne upon such he may deem
advisable for lawful money OF the United Satos for
any certificates OF indebtedness deposit that may at
any time be unpaid, for any or the Treasury
heretofore issued which may be issued under the pro-
| visions Of this act. All the bonds and Treasury
notes or United States notes issued under It's
authority shall be exempt from taxation, by
under State or municipal authority The Secretary
has power 70 issue $500 900 Treasury notes. paya
BILE at such times not exceeding three years date
as he may determine bearing interest rate not
ceedins six centum per annum. which interest all
notes for less amounts than 800 shall be payable the
maturity thereof, and all notes for 800 and upwards
at the times authorized their face The interest upon
these notes. and certificates Of indebtedness and
posts hereafter u BIO paid In lawful money,
the notes 70 DO Of such denominations the
Secretary may deem expedient not less than
$40 each, and receivable for internal duties
and I'll debts and demands due 70 the United States
excepting duties imports, shall be legal
al their face value excluding interest," at the
as United Satos notes. The committee in the third
section propose from 50 81 500 900
the authority TO ISSUE required by the exgcnces Of
the public service, for the payment OF the army and
navy and other creditors OF the government IN United
States notes They include the amount Of tie notes,
authorized by the joint resolution passed January IT,
and repeal 30 much Of tho act Of February, 1862,
and July last, as restricts the negotiations OF
banks 10 market value. The holders OF United
s'ates notes. issued under these laws, are required
to present them Tor the purpose OF exchanging them for
bonds as therein provided, before the LIST dy Of
July next and thereafter tho right go exchange shall
and determine. The committee in the fourth
section, among other amendments, propose to
strike out the proviso limiting the whole amount
Of fractional currency issued, including postage
and revenue stamps issued currency, 70
$4,000 oOO The eighth section Is proposed to be
amended by requiring all banks, associations.
corporations individuals issuing notes bills
for circulation currency 70 pay duty OF one per
centum each half year. from and after April noxt,
upon tho average amount Of notes bills issued and out
standing during the six months next preceding the
turn provided for In the section the sliding scale Of
according 70 the amount Of capital is stricken out
Tho committee also report in favor OF striking the
ninth section, which modnes tho ndeper ient rrea
sury authorize the Secretary at his discretion,
TO allow shy monsy obtained from loans and internal
70 be deposited in solvent banks TO bo drafted
checked upon By tho Secretary Of the Treasury.
STAMP TAX OK SALHs AND rURCH AsEs OF GOLD.
bill has been introduced the House providing that
al contracts the purchase sale of gold shall pay
stamp duty Of hundred dollars Of one
per cent 70 be executed three days, and two and
half per cent 70 be executed on any longer period.
AMENDMENTS TO THE INTERNAL REVENUE LAW.
Committee Of Ways and Means to-day amsndaory Of the
Internal Tax Nv. requires in transactions in gold or
silver or upon collaterab deposits in coin
stamp equal TO per centum upon all above
hundred dollars, tho contract Is fulfilled within three
days within sixty days and more than three, two and
half per centum for every thirty days thereafter one
per centum additional and IL demand per contum
for every thirty days that is unfuhHed all unsamped
contracts to be null and void and tho money paid
coversble by action for ones and benefit.
THE IMPORT DUTY ON PAPER.
Tho Secretary OF the Treasury has replied to inquiry
OF the Senate relative TO the amount OF the duty i'm
ported paper He says not separately classified, but
included the manufactures paper. The imports
der shc present New York sl2ol4l, yielding
Of t3o 6s4 at Boston, $50 ss4, yielding
OF 50 6ss 1t Baltimore and Philadelphia none-mak
ing aggregate OF $3.50 .s25, giving revenue Of $49,-
aT2 The Secretary Is impossible TO state how
much Of this for printing paper but hs expresses the
opinion the dminution OF the duty would consdca
bly, increase the II may here DO said that there
increasing disposition TO pursue such course OF
legislation the persistent efforts Of the paper extor
tionists preserve tho present duties become more
generally known among members Of Congress-
RAG sPEcULAToRs.
Several spectators have been recently engaged buy
ing the large quantities d rags gathered from the desert
ed camps u the Army Of the Potomac for months
cast shoddy and pants ani woocn rags
cumuated. the battle field Of Antictan has also far
nished large quantities Of rags for the market.
sEAcoAsr SUBMARINE TELEGRAPH.
The bill To lay submarine cable around tho coast from
Fortress Monroe Galveston passed In the House TO
day. MIR. DIN, Chairman OF tho Military Committee, has
collected Of facts upon the subject which
vincing the practicaby the enterprise. The utility
OF the submarine telegraph II It can be successfully con-
structcd, Is unauestioned.
THE DEBATE IN THE SENATE ON THE MILITIA BILL.
Senator RchArdson, debate to-day the bill 10 put
the militia OF the under the entire control Of the
Presdent warned tho danger impending from
raising up degraded class 10 the level Of whites. II
negroes were 70 be soldiers fight battles, who
would deny them the right 10 vote and hold oce7 The