The New York herald., 1864-07-26

and Cheerfuly Afforded necessary 70 support
your government In this protracted struggle. rs your
against traitors everywhere with patriotic de-
voton unsurpassed in the worlds history. The
your a'es ready H'e confidence. Mucn sors has been
made to shake public faith In our national
credit. both at home and abroad ye. have asked
no foreign aid Calm and self reliant, our own means
thus far have proved adequate to our wants They are
still. remains tor patriotic people to furnish The neediu
supply. The brave men who are fighting our battles oy
n,,;dn. land and sea must be fed fed and clothed M
nished, or The war must end in defeat and
disgrace. This is not the time for lover OF his
country 10 inquire into the state OF the money Market
or ask whether he invest bis surplus capital az TO
yield him larger return. No return and no profit can
be desirable followed by national dissolution or national
Disgrace Present profit thus acquired is but the pre-
cursor OF future aud speedy destruction NO nves.meps
the na.iona existence encouraged in the belief that
by the recent legislation OF Congress our finances
may be placed upon sounder and more stable foot
ing TIE present deranged condition OF the currency Is
impuable, In great degree, to disturbances arising
in Of war, when the expenditures must largely ex.
ceed possible supply OF COIN The opportunities mus
presented TO acquire sudden wealth nave LED 10 vicious
speculation consequent increase or prices and Volent
The remedy to be found only in controlling the
sity which begets the evil Hitherto have felt tho
need Of extensive and vigorous taxation. Severe
comment has been made upon what seemed TO many an
undue tmdy and tardness OF action the part Of Con-
gress in this regard deem II but just to say that very
great Misrepresentation has existed, aud perhaps ssl
have much to learn in o new couoition OF
affairs. An entirely new system TO be devised,
that system must necessarily be tie growth OF time
aud experience 1t is strange that the first efforts
should have proved imperfect and inadequate TO lay
heavy burdens on great and patriotic people IN snch
manner 70 be equal and to occasion the least
amount OF suffering or annoyance, requires time,
and caution and vast labor and with all M these ,se
system and correct It's errors Such has been the work
that Congress called upon to perform. | am happy
to say that daily results proving the Internal Revenue
act to exceed in efficiency the most sangune expectations
Of It's authors For the month OF June, ls63 II yielded
about four and half millions OF dollars, while the cor
responding month Of this year returned about fifteen
millions under the same law. Under the now law,
which went into operation the first day OF the
present month, the Treasury frequently receives
one million in q day. As time and experience enable
the officers employed in collecting the to enforce
the strength OF provisions of the law trust that
million per day Will be found the rule and not the ex-
ception Sti much space is undoubtedly left for i'm
provement in the law and in its administration As u
greater amount OF necessary Information acquired the
proper sources OF revenue and the most elective
execution OF the existing laws; and ! have
caused measures to be initiated, which win, Il
Is believed enable Congress so 10 improve and enlarge
the system when taken in connection with the reve
from customs aud other sources to afford an AMPLE
basis. and 10 steady and vigorous restraint upon the
currency remedy be found for existing evils Such
restr amt can only be exercised whom the government
is furnished with TO provide for It's Necessities
But without the aid OF patriotic PEOPLE the arm OF ths
government powerless for this any other desirable
end The denomination the notes proposed be is
sued, ranging from fifty %, five thousand dollars,
posed to AID their country For their redemption the
and honor and property OF the country s0emnly
TO be hand viii largely enhance their valce TO
the holders and peace once restored all burdens can be
lightly borne He who seshly withholds hs aid in the
hope Of turning his available means 10 greater immediate
profit specializing upon his conntry's mstorlunes, and
may and whst TO DO present gain leads 10 future
loss. appeal therefore, with confidence to loyal and
patriotic people, and invoke the efforts OF all who love
.her country and desire for glorious future 70 aid
their government In sustaining ITS credit, ard placing
that credit upon stable foundation.
W. T. FEssENDEN, Secretary OF the Treasury.
GENERAL sANpFoHD's coNFEREsCE WITH TRx WAN
DEPARTMENT..
Tho negotiations between General sandiord aud the
War Department relative TO the liability OF the hundred
Gays to the impending draft stll progressing
No conclusion having been arrived a. to-day owing TO
the Illness Of Provost Marshal General Fry The parties
interested with General Sanford in the effort to in
duce the government to exempt the hundred days meD,
quite sapgune OF success while the other hand
officials here assert that modification Of the win
be made. II Is expected that the matter will be finally
adjusted tomorrow. II Ia claimed that under the
terms Of the law who in the United
States service when draft takes place are not liable 10
be drafted. The question has been submitted 70 Mr..
whiting the Solicitor OF the War Department who has
given his opinion that the exemption does apply 70
called ous for special purpose for short term Of
service only. The hundred days from Ohio Indiana
and Other western States received with the express
understanding that such service did not exempt from
drafts but appears that such statement arrange
ment was made with Governor Seymour, aud hence the
misunderstanding has ariseu As the War Department,
claims acting under strictly legal construction OF
the law is difficult 70 how the matter
wise arranged than ,he basis heretofore
should II be decided that the hundred days from
New York are exempt, OF course all toe other States
would demand similar CONCESSIONS and thus the number
OF men expected to be furnished under the last call viii
be materially reduced and the ditculty Of obtaining
promptly the Rve hundred housani greatly increased.
ARRIVAL AT MEMPHIS or TWO THOUSAND or GES.
SMfrH'S rRIsoNERs.
Colonel Hoffman, CommIssary General OF prsaers has
received despatch announcing the arrival at Memphis
Of two thousand prisoners Of captured recently by
the expedition under General Andrew jackson Smith f
his battles with Forrest and other rebel generals.
TUE KILLED AND woUNDsD soLDiER RS OF THE .EckNT
RAILWAY COLLISION IN PENNSYLVANIA.
The following the official report the War Depart.
mont guards and prisoners OF killed woundcd
by the collision the route between New York and NJ
mira-Fourteen Of the guard killed. three do wounded
since dead sixteen do. wounded-total, thirty three
killed and wounded. Forty prisoners Of war killed
e ght do wounded since dead ninety three do wound
ed-toia one hundred and Killed and wounded
of the prisoners OF Tota guard and prisoners Of
war killed aud wounded one hundred aud scyenyionr
LIEUTENANT FOOT NOT KILLED, BUT PRISONER.
Lieutenant Frank Foot One Hundred and twenty frs,
New York regiment, reported killed in the Wilderness
battes is safe and well in Libby prison. The Licutcn-
ant was badly wounded aud lost leg.
A HowITzRR BATTERY IN THE NAVY DEPARTMENT.
The clerks in the bureaus o the Navy Department
organizing full howzer battery 20 be used In the de-
fence OF the city against future attacks Mr. John Brandt
Ordnance Bureau been elected captain he
ing tho advantage OF long experience In the Ordnance
Department Of tho Navy Yard. Properly handled, .
light nowitzer battery would DO Of great service
lensve operations.
Colonel Jaquese, the Voluneeer Ambas-
sador tn Richmond.
Correspondence OF the Chicago rrbune.l
QUINCY, Ill.,, July II, 1894.
Co,opc James Frazier JaQuese native Of Indiana
aged forty.four, graduated the Indiana Aebury Uni
vsrsty 1s45 admitted TO the IN 1S46, joined
the Illinois Annual Conference Methodist Episcopal
Church In ls47, elected President OF the Female COL
Al Iaclan ulinniS n and LIN