The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1863-03-11
GENERAL NEWS.

WARRINGTON, March 10, 1868.
u CONGRESSIONAL ACT IN REVERENCE TO srEcU
LATIoNs IN COIN.
Inc following regulations the substance Of the
GENT act Of Congress relation the purchase and sale
gold and silver COIN
Fsy-A contracts for the purchase and sale OF gold or
coin bullion, and all contracts for the loan Of
oDey currency secured by the pledge or deposit or
her disposition, Of gold silver coin Of tho United
lost be In writing
Second-such contracts must bear adhesive stamps
aa In amount 10 half OF per centum OF the amount
med In the contract, and in addition thereto STAMPS
ual the Of the at six per centum
q amount OF the contract for the time specified
Thyd-A renewal Of the contract would DO subject 10
be same conditions.
Fourth-No loan .. currency money the security
gold or SILVER coin OF the United states or upon any
rtilcae OF other evidence deposit payable gold
liver coin, be made Tor amount exceeding the
sr value Of the coin pledged or deposited.
F1h--God and silver coin loaned at the par value
ereof s subject only To the duty imposed on loans.
IL ALMApEs QuIcKsILvER NINE AND THE PRIZE
CASES.
The previous announcement that tho Supreme Court OF
United States would to-day pronounce is decision II
egreat Almaden and tho prize cases attracted
DO court room an unusually large number q disin.
iished lawyers from different parts OF The country The
imaden case has been argued by Messrs. Pcachy, u
affornia; oConor Of New York, and Reverdy Johns n
/ j. j X.
Penney vania, and b. r. Curtis, formerly Associate
Issce OF the supreme Court Of the United states for
V government. Associate Justice clifford occupied abou,
hree hours In the rendition OF the declsion All the
acts tho particularly cited and the docu
'ents involved critically examined. The result reached
y the Court is in substance
Fs-That grant could be made of these quicksilver
Zines in santa Clara county California excepting under
10 colonization law, and none Of the conditions were
ed ~ claimant
Of stand, 1t founded an erroneous assumption
the despatch Of the Mexican Minister Of Foreign Rela
ons and therefore the claim for two square leagues o
Md cannot be sustained
s,oond-rhe decision q the United States Commissioner
hnnot be rejected.
7hivd-Nohlng ike forfeiture il now proposed because
De Title had never been acquired, for the claimant did
o. pursue the necessary steps 70 obtain It, There was
registry or survey. boundary nxed stakes set
g. ana N addition the claimant failed 70 show that the
csde nan a right 10 coahrm the title.
Fnrtt-ihe rties most Interested knew the title was
vhiu anu the government Of Mexico must have known
he ela m was unfounGed.
This position was maintained by an examination of
A,ers connected with the case
Justices Wayne, Capron and Cier dssented from this
pin1n, believing there no fraud.
The counsel In the several prize heretofore
Fere Messrs lord and Edwards, Of New York and Car
slo 81 Washington, for the claimants and Renro.ep,a
I've sedga OK and Mr. Evarts, Of New York NJ nara
District Attorney Of Massachusetts, and Mr. Earnos ~
be United states. Justice Grier delivered the opinion
tho Court IL the prize cases. n which tho following i
REF ABSTRACT
Tc said hese we're certain principles Of law which were
Ipp icable to all OF them That blockade fncto nc
ualiy existed by the Presidents proclamation Of the
9th a Apr 1901 Ia admitted fact and that the Pre-
dent ne chef Executive or the government and Com.
nander- anChIer Or the Army ana Navy, wes the
proper person TO make such notification. s
Sos Questioned. To justify the capture X
Srtzes, a war must exist de face, and the paf.
Ter be Affected must have knowledge Of tho ~ w
~na af Tnrn ha n NJ mt a.
IL not necessary that both parties shuulI se
overegn nations. Insurrection against govefnnest
pay may not eliminate IN civil war, Which Il rever
olennly declared, because Il may Is dsat.
fer dwelling time On this loiut be SAD tie
war have their found,ti0n IN reason. Parties cy
MAR exercised the practices and usages ~
UGH as the exchange OF prisoners &c. These plftG
nc time must be two separate bodies Usd n II
H'ks civil IL ne ef ~ billy prock III ts
Ictaa existence 10 fact, The trve test q u. st u
4 stated when the whole course Ct Gttt stI Ee.
by revolt and rebellion t".ca he courts CNMt