New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1864-11-01
ss1l 80, 24-for Customs $4,000; Payments
=, o,, -o- 40 -, ooooupt of Loan $500, 600; Bal

- ~
a. go 7o7 70: on account of Loan, $500 Bal
ance, 81, i53,S2s IL. co
sterling bills are steady at 1891 for brokers at 60
DAYS in gold; Sight, llOa 0lll; Commercial
names in currency, 1881 0259.
Judge Emott has written an extended and careini
oninion as to the use Of go notes in payment OF
duties On imports. At the conclusion o. his
opinion he says:
M 49,. n, Fob o. 1869 which authorized the Legal
Tender Notes and the bonds known as the fl'etWehly
bonds into which they are intended 10 ~
in lis ffth section cnacts that all dntes or ~
goods shall be payable in coin or IN ho,es pay va 10
nand therefor authorized to be issued ana Dy IA" re-
cciyable in payment Of public dues Aier eeielui vo
sileration / am unable 10 put any cohstrucpoh upon
This section which does not give IT the eecl Oh restrict
mo the public officers who collect the dunes on ,c
ported goods TO bs reception theielor o. com notes
pay able on decand issued and by law receivable ior
such ahes. II is therefore inconsistent with the ec oi
July H. 1861 and impicdy repeats that portion o. that
act which made the interest bearing Treasury Noles
issued under il tender for the payment oI duties as
well as other debts TO the Government.
And confess cannot see why tls docs nol emu ,s &c
argument in court Of law. II is true that the act Oh
1901 constituted CONT act with the puOhc cfedIlor
who received the notes issued under It, ana aNhbVeu
his money fortlem hat the Government would receive
these notes for an its dues 1t is true, that such con,
tract ss this II made by state Gnindlvidual coui
not be violated annubed by any subsequent ies9a
ton The Constitution Of the United States iorglus ~;
Blt this prohibition does not oNenG 10 the Ohl,'ui
states themselves II Congress or the Government OF
the United States iii to pass law lmpairig wy
obligations Ol cOntrsc, made ~ themselves OF IeIu
dIatug It's obligations such law Is not uheonesI'u
/ t,opal nor can a court pronounce II void
The question TO such legislation passes OUT OF tnt
province Of judicial invest gation into the domain oi
morals or of politics Bat the question prOposca0 NC
is nut as legal question having reference To an opIls ~
ton which the courts cen recognize ana emOie as9is'
the officers OF the Government. In this respect am
INIT f4a
states Government acting under The statute OF Ioo~
refuse 10 receive these notes in payment OF dunes on i
pors know Of right or power III the courts 10 co
The New Petroleum Board commenced opera
lions to-day with list of eleven stocks. No sales
are reported.
At the Mining Board more business was done
than for a long time. The sales were ss follows;
COO shares n. j. conso cop, z; % shares Quincy
COD. 90; 200 shares Isaacs Uarbor gold, !; 2OI
shares Isaac's Harbor gold, i $50 shares y. Y
gold of Colorado, .; 500 shares n. y. and Nova
Scotia. s; 100 shares Quartz Hill, 5; 100 shares
Smith and Parmelee, u.
The Colorado Gold Companies ere now attract
ing more attention. The Indian troubles on Tho
plains having subsidized, the gold shipments from
Colorado are coming forward regularly. The pm
ciAal Gold Mining Companies have received at thei'
offices in this city, during October, large amount
Of bullion.
The OIL Creek Petroleum Company will pay, NO.
vember IS, a monthly dividend Of cent, and an
extra dividend of y cent.
The sun Mutual Insurance Company Will pay,
November !, a cash dividend Of per cent, ana
scrip dividend of 80 per cent on January !.
The First National Bank Of New-York will pay
November !, half-yearly dividend Of per cent
The last statement Of the bank was very satisfae-
tory. Twenty per cent could have been paid Will
a handsome surplus from the current SIX months
business.
The State Treasurer Of Maine invites proposals
for loan of four hundred thousand dollars, Tho
balance'of the three million loan which was an
thorized by the Legislature on tho l''A OF M"'r'
last The bonds will bear sv per cent Interest
povable somi.snnually. and mature " twenty-five
years.
Tie net earnings Of the Pacific Mail Steamship
Company for the quarter ending the LIST OF Sep'en
+ Der. are reported TO amount to sl,SOOOcO
/ The last report of the Commissioner Of ln'eTn&
Revenue at Washington, shows that the income
under the tax law is about $l6,0OO,OOO month, o.
$l92, coo, 900 year.
The exports of specie from this port have been
aaHYy