The New York herald., 1865-02-24
Senatorial Debate on the Recognition
Of Louisiana.
Reorganization Of tho New York
Appraisers OGice.
Fudge fancy Hxhumed and Abused
by Radical Senator's.
LEES SOLDIERS INVADING WASHINGTON.

An Army Of Contrabands Re-
cruited in Georgia,
&s', &C., &S.
wAsHISoros, Fob. %, 1856
OUR RELATIONS WITH FRANCE.
Advicss from France show that the reported cesson OF
Is without foundation Indicate that tho rela-
eons between France and the United States are not
likely TO undergo any disturbances.
TEE REBEL PIRATE RAM oLINDE.
fne government has reliable advices to-day that the
pirate ram Oinde, which has been the subject Of SO
much speculation, had put into Corunna for repairs
which, there 10 reason to believe, she will bs allowed
70 receive and without which she will not be dangerous
70 any nation or port this side Of the Atlantic coast
THE EVACUATION OF MOBILE.
Parties who have been engaged In the cotton trade
sae Gulf States arrived here yesterday from Mobile They
etate that the evacuation of Mobile commenced on
the Ah of January, and most Of the cotton which was
there has been removed further north Whom they LEFT
large force under General Granger moving on the
CITY, The harbor Notifications have oil been abandoned
oy the rebels and the only difficulty In the way of the
nset taking Of the city the torpedoes and
distractions in the channels which are being removed
- rapidly ~ possible.
TIE LOAN BILL.
The consideration Of the Loan bill was postponed TO-
Aay until next Monday This is done probably in order
- afford the Secretary of the Treasury an oppor
Auny 70 make such suggestions he may think neces
sary In regard TO this important measure.
THE NEW SECRETARY OF THE TREASURY
The nomination of Mr. Hugh kcCuoch was not sent
In TO the Senate to-day expected The reason for
the delay has not transpired. Mr. McCullooh has had
considerable experience in financial operations in New
York ot and was the Of the New York Fourth
National Bank, which is the largest originally or
9anised, having padin capital of five millions dollars
with privilege TO increase to fifty millions Some idea Of
As opinions Of "redandan currency may be obtained
from the following letter. which he addressed in 1868 70
- heads Of the national banks then orgaanized:-
OsFicx OF THE COMPTROLLER or TUE CuRsxsCy(
WASHINGTON, Dec, 80, 1S63
Bear constantly In mind although the loyal States ap.
pear superacay to be in prosperous condition. that
(Agsd In the suppression of rebellion Of uasxampled
aeceness and magnitude and constantly draining the
ssonsry o. is soorng and producing population and d.
vaus 70 the construction Of implements Of warfare while
cities are crowded and the country IL 10 the
neveS before prevailed in the United States the nation
whatever may be the external indications not prosper
eoG. The war In which involved q stern necee
4y and must be prosecuted for the OF the
eevenment NO matter what may be It's cost; but the
Ssssin1sd TAe sssnsi0 pro ps,ty ef lie nyai astss Z
sssng mainly TO tAe large expendvres Of M govsrnmens
s0 Me redwnd0N currency Uhtch Mcse expenditures seeWS
Keep these facts constantly in mind and manage the
edArs OF your respective banks with perfect conscious
proved 70 be unreal when the s closed before
pd be prepared by careful management Of the trust
Ommitted 70 you to help save the nation from fnan-
s Collapse instead Of lending your influence to make
HUGH NcCULLoCH, Comptroller
THE BANKRUPT BILL.
The following brief has been prepared by Hon. Thomas
tot 10
Me posponement Of the Bankrupt law until after the
termination Of the rebellion
UNITED STATES HOUSE, or REPRESENTATIVE,
WASHINGTON, Feb. 18, 1906
memorial has been presented 10 the Senate of the
ynitsd Satos requesting postponement OF action upon
the Bankruptcy bill pending before that body. The
principal reason urged Is that the rights OF the creditors
o. persons residing In tho States In rebellion will be
Ssenously prejudiced" and that 1t would be inexpe-
dent to cause the bill TO become law before Northern
creditors como in contact with their Debtors
take personal meas res 10 collect their dues :"
II is also urged by memoriasts that the general
interests of the country and its permanent prosperity
will be best promoted by leaving the adjustment and col
lection OF debts to negotiation between creditors and
debtors and 70 the ordinary methods OF the law until
che relations between tho rebeous States and the loyal
States shall have been settled and rc-esabshed to
admit wise and discriminating legislation on this impor
After careful and thorough study Of the laws roguat
ng the collection Of debts in all the stats cannot resist
the conclusion that your signature 10 tho memorial
kven under . misappreh. nsion.
Most OF the debts duo upon simple contract in the
States in rebellion die hargcd by the statutes
M Limitation In those States II peace should be re
abshsd and the courts Of those States should be
r the collection OF debts, every debtor could plead the
Bate statute OF limitations in bar Of every action.
The following abstract states the time Of limitation Of
cction on simple contract in these States
North Carolina, three (3l years.
South Carolina, four "a years.
Georgia, four t4l years ON open account.
Alacama, three ~ years; on open account
mississippi four ~ years
Florida, 1--WE lo) years.
Q.,a IA khvaA
Texas, four ~ years; open accounts, two C years.
each Item being barred after two (2) years
The better opinion among lawyers seems 70 be that
Congress has power these statutes OF
Af At least that the State courts win decide that Congress
has no such power. But there y no difference OF
opinion far as have inquired upon the point that
Congress has TO provide for the distribution OF
every bankrups estate by general bankrupt law, and
10 refuse discharge 70 insoven debtor unless hs
eurrenders all his estate for such equal distribution and
shus by uniform system OF bankruptcy practically over
yudgcs are honest, and creditors vgiant no rogue
rebel can procure discharge under the proposed law
E1N REGIMENTS oy cosTRABANDs Unlisted IN
GEORGIA.
II Il said that ten regiments have been recruited from
among the conrabands'w who joined Sherman In his 70.
Ssn. March through Georgia. and further large additions
szs expected This force from his present campaign
aHBRnANs orsIosRs TO REPORT AT HILTON HEAD.
All commissioned efncers who are route to join
General shermans army ordered TO report 70 Brigs
tsr General Prince, st Hilton Head.
klKUTESANr GUSHING AMONG rHR coN0RBesMnN.
Lieutenant VIM b. Cushing the daring and fortunate
naval hero, was the floor Of the House this afternoon
cad attracted much attention.
LEr's SOLDIERS MOVING on WASHINGTON.
Lees army 10 evidently making combined movsmsn,
10 washnston. One hundred and seventy Of them
ssok the oath Of allesancs this morning. and ono hun.
Ared and nnetgnin arrived this evening from the
cyont
HtnrEsioS or PAYMENTS TO FAMILIES or PRISON.
RAs or WAN.
Al tao exchange OF prisessrs Ia now proosedins
very rapidly, and al row IN ssshern prisons vii
ION 10 released tho Paymast.r cese has lssusd a.
csr sispcpdns paytdsnts 10 We faA.ss Of psispAsr,
= war This s dsuo to prevoS tbs liability q doebi,
Ma~,narts IN sc1iino t~itk ths r.turnod pxisoraru