New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1864-08-29
FROM vyAsIsxyG r0T.
Special Dispatcb {, The N. Y. Tribune.
WASHINGTON, August ", 1854.
GRAND FINANCIAL SCHEME.

Special D.patcb to The N Y. Tribune.
WASHINGTON, August " 1854
GRAND FINANCIAL SCHEME.
A proposition haI been received BY the Scoroiiry
Of State ffo.0 eminent banker Of Hamburg, 70
take United States loan OF one thousand nii-
lions of dollars to DO pad into te Treasury, seventy
por cent. IN outstanding bonds, ten per cent IN
u. $. paper currency, ard twenty per cent IN
ocn the loan 10 run seyenyive years, at Oh inter
eat Of per cent. per annnm, payable hall yearly IN
'oin. The whole amount to Ia disposed OF among
tao people Of the continent of Europe on the pm
cpe OF promium loans. The principal to be rolm'
hursed to the holders during the last iorty-tve
years Of the term in equal scmi-annual install
ment'. the Government paving the ouncntinterest'
premiums, and principal, which would require but
.fiy millions per annum during the sevcnty-hye
ycars. The sum OF these payments covering the
thousand millions Of principal, eleven hundred aud
eyenty-i five millions Of PREMIUMS and one thousand
i've hundred and soyonty-iye millions ofintoscst IL
will BE- obscryed that this annual payment of fifty
millions is in fact no moro than the interest Of q
thousand millions OF FIVE per cent. Whether the
proposition she'll be accepted or not, the offer Od-
Gates the confidence Of tho German capitalists in
our solyency and in the issue Of the war.
DEsERTRGs NOT 10 BIZ DRAFTED.
Decentralization Fry he's decided tha, de-
scyfcrs from the rebel army not subject to en-
roliment or draft.
TENTH ARMY CORPS BADGE.
The new badge for the lOth Army Corps Con.
Bimey), consists of the trace Of Commissioned
lolt. Tho badge will be cut from rcd cloth for the
LIST division. white cloth for the I'd division, and
blue cloth for the 81 division and will DO worn on
The top of the cap or the side of tho hat by all the
officers aud enlisted men OF the Corps.
CHIEF OF ARTILLERY.
Col. 7. " Gilvery, LIST Maine Light Artillery has
been appointed Chief Of Artillery aud Of Ordnance
of the 10th Corps, relieving Capt. +. NJ. folleit
A. L. :. Artillery, EAo will roouIne command Of
his battery.
To the Asslcili~d Pres.
WAsusGTos Saturday. Avg =, 1854
PROM ADMIRAL FAgRAGUr.
Tho Navy Department is IN receipt 81 dispatches
/ from AdmIu.l Fhuaglt d.icd Mobile Bay Angus
/ -. giving detailed report % bis entIarce into
Mobile Bay on the 5th inst. lie says notwiih
is.audinc the Joss Of lte particularly on the Hart
fo.d, ana the terrible disaster to the Tecunseh, tho
suit oil the fight was glorious victory
ard DO has reason 10 feel proud OF the on
GERS. seaWrn and Warnc- at tho squad
ron under his command, for II has never i'hci
/ 10 the lot of an officer 90 DO tins Situated and
! Tins sustained. Regular discipline viii brinf
mon 10 any amount Of endurance; but Their,
! il q natural fear of hidden dai gers, paTticu
lady when 80 Gwfully destructive OF hu
man lite rs the torpedocl which requires more
di.cinline - overcome. He SAYS h Ouly at The
ff
officers that be Yielded the Brooklyn being the lead
INC shlp pI the lne she had four chase guns and
az ingenious aruugoI1ent for picking UP torpedoos,
end because ~ their judgment, the iifgship OuEh'
not o. be too much exposed. Tbs he beiicycsfo be
an crror for apart from the TACT that exposure if one
ol the penalties II Tenk ia tue navy, u all always
/ be- tho am OF the enemy % destroy the iag-st =,
and. ~ appeared IN the seqnai, such attempt wa
VERY pcrsistcntly made; but Providence ddn0t per
NIT to BE- successful. In the course Of bis nara
"Ag had m elevated position in the main rieg
inc rear the top was able 20 overlook, not 0nly
thc deck Of the Hartford but Tho other vessels Of
tao feet. ] wltne I'D tho terrible ELECTS OF the
/ errmrs shot aud tie good conduct OF tho ulen al
/ their eup.: and although no doubt their hearts
lickoncd a. mine did, when their shipmates ver'
. STUCK down beside them, yet there was not mo
meuts hesitation to lay tueif comrades aside, nnd
fyuUg again to thcir deadly work.
ASAyAL AFPATR.
! INf Navy Department uAc llIlfiultin0 rom Au
mira Dab rcn Of brilliant descent into rebel ter
ritorv. in which Commander Calyocorncss captured
q lieutenant and twenty pnyatcs Of Company +
Third South Carolina Cavalry, and dispersed The
remainder. He also captured their arms andequP
lyents. burned tholr encrmpmont, and destroyed
/ two largo selt works captured six oyenccrs and
seyenty-one slaves destroyed bridge on the nlul
, road ilom Savannah, and calNured mail.
TRADE II Tng MOORISH D0nSlONS.
The State ID pagtment has been officially informed
that the restrictions hitherto imposed on trade IN
! tlr interior markets of tho Moorish domn0ns have
becn removed. By an agreement between the sui
tan aud foreign representatives in that country,
lnalo in 1867, merchants were prohibited from gone
to markets in the interior 70 buy wool and cor,nl-
but were permitted 70 purchase only IN the marx Is
! ~ SEAPORT towns. This restrictive ncrccment
which paralyz,i trade, and operated greatly to tie
prejudice Of Christian merchants. has, at The re-
ar 81 Of the foreign representatives, bcenrescindcd
aud no restrictions other than those imposed by
treaty ARC nov IN force.
D SENTENCES FOR DESER1kl-i.
! Four pryatcs have been trlcd ana found gully %
dcscr;ion and rscnl ting in regiments. They
were sentenced 10 bo dismissed the service Of tn
United states, and confined Of hard labor IN For
Delaware for three years.
J The Atlantic md Great Wcsferu Rniirond
BroRI Gauge,
80. a