The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1865-11-04
NO Debt Contracted for the Fur
pose Of Dissolving the Union
Ever VIII be Paid.
OUR CLAIMS AGAINST ENGLAND.
Mr.. Seward Preparing a Reply
to Earl Russell.
UNITED STATES SECURITIES IN EUROPE.
Views Of European Capitalists in Relation to
Our Financial Condition.

'uCWS " EuIOp6dn tdpitullSN III hCldtlOn ~
Our Financial Condition.
Tho Power and Wealth Of the North
Subject of Universal Admiration.
WASHINGTON Nov. 8, 1865.
THE REBEL WAR DEBT.
The National Republican has the following
MuIEDGEvILLE, Ga, Nov. l, 1866.
The following highly important despatch from the
President Of the United States received here by
Governor Johnson
EXECUTIVE MANSION
WASHINGTON, d. G., Oct. 2S, 1865 +
To JAMES JOHNSON Provisional Governor, Milledgeye,
Your despatch has been received. The people of
Georgia should not hesitate single moment in re-
pudating every single dollar of debt created for
the purpose Of aiding the rebellion against
the government Of the United States II will
not do to levy and collect from State people
shat loyal and in the Union to pay debt that
created TO aid in taking them out and subvertng the
constitution Of the United States.
do not believe the great mass Of the people Of the
State Of Georgia. when left unnfuenced will sub
init TO the payment Of debt which the main
Of bringing their past and present suffering the result
Of the rebellion.
Those who invested their capital in the creation of
ths debt must their fate take as one of the
inevitable results Of the rebellion though may seem
hard to them.
1t should at once be made known, at home and
abroad that debt for the purpose dis
solving the Union will be paid by levied
on the people for such purpose
ANDREW JOHNSON,
President OF the United States.
OUR CLAIMS UPON ENGLAND.
The lnteligencer has the following announcement
1t is understood that the Secretary Of State engaged
IN preparing reply to the despatch Of Earl Russell 10
ships letter 10 Minister Adams for the adjudication Of
certain claims against the British government. The
question at issue is said to have been under oonsidera
ton in several Cabinet meetings
UNITED STATES SECURITIES EUROPE.
Mr.. J. d. +. Lanier, the well known banker Of New
York, who recently returned from Europe whittier he
went time ago confidential mission for the gov
eminent in connection with the national finances yes
terday had interview with the President and the Sec
rotary OF the Treasury TO whom he submitted verbal
report Of the results Of his mission Mr. Laner every
where found the best Of feeling prevailing In financial
circles with relation to the United States particularly on
the Continent and great confidence in public securi
tes At Frankfort Main he addressed at length
large meeting OF capitalists, embracing represent
atives from nearly every leading house in Germa-
ny. The complete and utter overthrow Of
the rebellion matter of equal surprise
and congratulaton, and the demonstration made Of the
power and wealth Of the North subject of universal
admiration But, the being ended, the expectation
was confidently expressed by the European holders OF
our securities that We would Immediately commence
return towards specie payments however gradual the
progress in such direction might be. Such step, 1t
was represented absolutely necessary to the mante
nance OF confidence in securities and in the policy Of
the government The ability Of the country to bear all
the burdens Of the not questioned especially
with the rapid progress Of the Of reconstruction
which bids fair to restore political and social unity
every portion Of the country. With wise and correct
policy there will be no limit to the demands for secu
rites, not only on the Continent, but in England where
military fast opening the eyes Of the
people as to the value Of bonds. But the feeling
against any further increase and In favor OF steady
contraction Of the cuencylwas universally expressed as
the sole condition which credit abroad could be
maintained. II is understood that the views OF Mr.
Laner were heartily responded both by the President
and the Secretary Of the Treasury.
THE FIvE-TwENTY CONVERSION BONDS.
The nve-twenty conversion bonds issued from the
Treasury Department rapidly they be printed
million day Of the denomination Of thousand dol
lars are now delivered Those for five hundred and
bonds for Ave thousand dollars will be issued according
% the request OF the subscribers
INTERNAL REVENUE RECEIPTS.
The receipts from internal revenue to-day amounted
20 upwards Of two millions OF dollars
The question having been submitted 10 General Spin
NOR United States Treasurer TO what time the tax ON
abe deposits OF defautng national bank ceases he has
decided ceased the moment the bank failed to pay liz
liabilities
THE uNISSPAcIrrc RAILROAD.
The Department was Today preparing 10 Immediately
issue United States bonds amounting to six hundred and
forty thousand dollars TO the Union Pacific Railroad Com
pany eastern DIVISION the rate OF sixteen thousand
dollars per mile, in accordance with the law or Congress
forty miles Of the road having been completed In ad
this aid by the certain quarters OF
land are given the surveys proceed and the road
progresses.
THE NAVAL COURT MARTIAL.
The naval court martial Of which Admiral Farrap Is
President after finding verdict in the case OF Ieusn-
ant Colonel Marston OF the Marine corps which viii net
be promulgated until approved by the proper authorities
adjourned TIL Tuesday next, when the case Of Commo
dore Craven will be taken up.
DISBURSEMENTS FOR THE NAVY.
W. A. Cromwell. Acting Fourth Auditor, makes state.
meni Of navy accounts for the month Of October by
which appears that a. s3l 3o4 have been disbured
navy agents, TO naval paymasers f272 700
marines se73a53 for prize claims and ssss3S for gene
raj claims
APPLICATIONS FOR PENSIONS.
The monthly report TO the Commissioners Of Pensions
Tor October exhibits that applications from widows,
mothers and orphans for annutes admitted 10 the
number Of s64 and SO rejected 500 applications for
pensions from invaded the military service
united, end 48a yejscted The number Of applications