The New York herald., 1864-12-13
Proposed Increase of the Tax on All
Sales of Property and Railroad
and Steamboat Fares.
Petition for an Increase OF the
Pay Of Army OHicers.
Debate on the Proposed Navy Yard
for Iron -clads,
&sy &e.. Il


Secretary Fsssepden gives notice or the readiness OF
the Treasury Department redeem presentation by
payment IN lawful money. by version into bonds
as authorized by the three years Treasury notes
bearing interest at rate Of seven and three tenths per
oentum issued under the act OF July IT 1861 Interest
will all Treasury not SO presented
after three months from this ds.e at which time under
ihe law, the right Of conversion ceases. Holders Will
Ioero'ore govern themselves accordingly.
PASSAGE OF THE BANKaUrr BILL BY THE HOUSE.
The Bankrupt bill was fuay passed to day, without
debate, b! majority OF twenty. II goes to the
Senate, and It is believed that 1t will be passed during
the present session without material alteration.
PosTPo VESEST OF THE DEPARTURE or GENERAL
BAEBS FOR NEW ORLEANs-Hl5 RECONSTRUCTION
POLICY.
Major General Banks to have left here this evening
60 immediate command Of the Department or
The Guif, but after an interview with Mr. Lincoln his
departure postponed The Reinstatement OF General
Banks IN command at Now Orleans is an Official endorse
ment o the policy SO s,renuously adyo
Gated while here He insisted that while tho military
torce was mercessiy employed against the armed rebel
lion, encouragement should to those who are
willing to return to their allegiance and aid in
sruction Of the Union The benefits OF this policy were CO
gently exhibited by examples from Louisiana. While here
General Banks took occasion urge reception by
Congress Of the representatives in Congress from Lou
o''na and many Congressman hitherto opposed to their
recognition bavs concluded that it would ba wiso even
" u hu informal manner, to from the rebsltous
cneueracy state after State and bring them hacx 70 an
acknowledgment OF belong to Uuiou and rein.
o''p'fa'e 'nem into the Old BODY noc. .s!s will
Trobsply secure the seats III Congress for tne Lousans
delegation.
SENATOR DAVIS AMENDMENTS TO TuE CONSTITUTION.
The resolutions amendalory the constitution, pre-
Bented by Nr. Davis 10 the Senate to-day have excited
here little amusement The resoulions after calling
Tor convention or all tho states, propose the following
novel alterations in the cousti tuon:-Maiue, Now
Hampshire and Vermont T. form State Msssachu.
setts Rhode Island and Connecticut another Mary
land, Delaware and the Eastern Shore OF Virginia
other The President and Vice President to nc chosen
alternately from ,he free aud slave States; both, how
ever not to from State at TITO election to
proceed follows'-ich State shall select President
and vice President, whose credentials shall bo laid
before tho Congress the first Monday in
February 1866, when the Supreme Court shall be pres
ont and appoint from among the candidates the two
officers neither OF whom shah serve for more than four
years, and President shall be eiigb 10 eiec
tion. No member Of the Supreme Court to be eligible to
The Office and n the esent OF the death President
aud Vice President before the expiration OF their term
she Senate shall elect among its members presid
ing officer, who shall be President cecio The resolu.
lions then continue length guaranteeing the perpetua
tion OF slavery States rights and all other Institutions
desirable to the South
bring this subject Congress- day was
entirely unprepared for such refreshing coolness, and,
after decenty buryiog the subject in the judicial Com
mittee, adjourned.
COLORADO JEwBrT's PETITION IN THE SENATE.
The ssgreat expectations OF the notorious Colorado
Jewett modesty presented 10 the Senate to-day by
Hon. Reverdy Johusun. No remarks were made, nor
any Of the shadows OF the European crowned heads
present. The great peace resolutions quietly
signed TO "the sleep that knows no waxing, on the
table amid general litter OF the grave and reverend
seignors Of the Senate.
The sUpRFMs COURT.
There was n crowd Of ladies and gentlemen In the
Supreme Court this morning 70 Chief Justice
Chase take his the iirst They dsap-
pointed, however, that gentleman not having yet, IL is
said, qualified.
Tns APPOINTMENT OF Mr.. Sized CoyTI.MED.
Hon. James Speed confirmed by the Senate to day.
in executive session. as Attorney General OF the Unod
States.
APPLICATIONS FOR MARSHAL LAMoN'scPLACg.
large number Of applications have been made to the
President during the days for the appointment
OF United states Marshal o. the District Of Columbia vice
signation.
THE NAVY YARD FOR IRoS-cLAD SHIPS.
Nearly three hours OF the session OF the II to day
was devoted discussion OF the majority and min rity
reports OF special committee the location OF tho
new navy yard iron-cads Mr. Kelley. Of PernsyIva
nia In behalf OF the minority argued in favor OF League
Island, Phldeph, as tho proper Site but Mr. Brande
gee, OF Connecticut in speech OF an hour and half In
lensh sustained majority report and demonstrated
the superior advantages Of New London for that purpose
regards location, facilities and economy Tho friends
of the New London site claim that tho expenses Of
locating the yard League Island over above that
New London would be nearly twenty four millions Of
doiars while the annual expense at the former would
exceed the latter BY two and q halr millions OF dollars
Mr. Brspdesee made q very able and telling speoch and
was highly complimened for his effort by his fellow
members There is little doubt that New London will
ultimately be decided upon as the location.
GENERAL HaScocK's NEW CORPS.
Arrangements are rapidly being made 10 put the new
Fira corps OF General Hancock into the Gel at tht
earliest moment Many old and tried officers will bt
placed In pmmand, aud their names will DO announced
In few days stops being takcn which viii induce
each state 10 forward veterans to join this corps
Arrangements are It is said n progress by which State
and other local bountes may be paid here veteran
recruit who may have himself credited 10 any particular
locality be may prefer For any veteran sent tc
Washington 10 be accredited TO any locality
certificate will DO given. II is tho interest o
a localities 70 send on as many veterans
as possible, az they are not sub ect 20 th
draft, md yet be properly accredited to partcua
localities. The government bouptes given the vcter
OF First corps given TO no Others and superior
Inducements therefore offered to enlist 10 this corps
The time to put II In the field is short, and localities
be prompt to forward and thus take advaatag,
0r IN IN Is
necessary TO take the recruit 10 provost mar
shai, who viii forward him tree Of expense, to Wash
pgtor. let be remembered that these veteran soldier
are subject TO the draft, and any enlisted Is
clear gain on the quota OF any future draft.
THR ARMY RETIRING BOARD.
Major General franklin has been appointed President
OF tho army Retiring Board, TO sit at wnington Della