The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1865-10-06
BY TEL EnRApH.
From Waahingten.

CxV@ =" AA1 OOAe
NEW Yosk, Oct. 8.
The Times Washington special has the
announcement that the National Banks still
being established should not be construed To-
mean that any new banks are sctually being
authorized, except in few cases in the
South. The announcements Of now Nation
al Banks now refer to banks which were au-
thorised months ago, but whose certificates
have been withheld until they have complied
with the provisions of the banking law,
exceed at the maximum 80 per cent. of their
capital. The bank note circulation Of the
country is, therefore, slowly decreasing, as
most Of these State Banks had a circulation
far in excess of the capital.
The internal revenue receipts in the last
ninety days, Sundays included, amounted to
the sum Of one hundred millions nine hun
dred and thirty-fve thousand three hundred
and twenty-one dollars and ninety-fo cents,
being greatly in excess Of what was expected
by any one conversant with the business of
the Internal Revenue Department.
The receipts for the month of September
| were $37, 1889, 4l5 81; to.day's receipts are
81 1927 $3.50 AZ. The Commissioner of In
ternal Revenue to-day decided that the trav-
cling agents of manufactures and dealers,
regarded as commercial brokers under the
decision of August 18th, will be required to
procure license from the first of August in
stead of the first of May, thereby reducing
| the cost of the license for the current revenue
year from $40 to SIS. The reason of this
decision is because the construction OF this
law was made subsequent to the date OF the
annual license paymaster.
| II. s. King, of Albany, New York, nephew
| r. H. D-o.too E;rr hoe haap Tho
of two brevets from the War Department for
meritorious services. Mr.. King, at the out
break of the rebellion, volunteered in the
line, and was afterwards appointed paymas-
| ter.
| Secretary Seward and his son Frederick
| left here to-day, intending to 60 to Auburn,
New York, where they intend to remain ten
| DAYS.
Attorney Ganeral Speed left to-day for his
home in Kentucky, intending to be absent
about two weeks. During his absence the
duties of the office will be performed by
the Assistant Attorney General, j. Hobley
Ashton.
| Especial to Herald.
| WASHINGTON, Oct. 5.
| Several Louisiana gentlemen were admit
ted early to-day to an interview with the
| President, and urged their views touching re-
construction in that State. Governor Wells
was warmly sustained by them, and General
Candy blamed for the civil discord and dis
satisfaction that reigns throughout the com
monwealth. Gen. Sheridan was spoken oil
in high terms, and conceded to have confined
himself to the discharge of his military du-
ties. They represent that permanent order
cannot be restored until Gen. Canby's inter
ference in civil matters be forbidden.
The publication in New York of the state
ment that the proposed conversion of com
pound interest notes into 5-20s BY Secretary
McCulloch gives the latter the power to issue
additional notes to replace those thus abb
sorbed, must have been made under mis-
apprehension of the law, and does the Treas
ury Department great injustice. No such
additional issues will be made. and none such
were ever contemplated by McCulloeh. On
the contrary, as has already been stated in
the Herald, it is the first move of series for
contraction, and when rightly understood will
receive the universal appreciation Of all who
desire lessening of the public debt. con-
traction of national currency and a return to
the specie basis.
The battalion from California, which was
attached to the Massachusetts quota. is now
to be paid in fun, but the paymasters are re-
tquired to keep separate account of the
travel pay and subsistence allowed. amount
ling TO about $500 for each man, in order tina,
the account may be presented TO Massachu-
sets for reimbursement to the United States
Treasury.
| Especial TO the World
| WASHINGTON, Oct 5.
The Freedmens Bureau has recently re
stored large amounts of property to persons
residing in adjoining counties of Virginia
which had been Professionally held by the Blu
reau as abandoned. Numerous application
Icontinue to be made for restoration of pron
erty.
Eighty-fiye pardon warrants were issued