The Iowa transcript. (Toledo, Tama County, Iowa) 1858-1866, 1866-05-16

State. Col. Whittlesey, the Commissioner
! for the State. and several Of his subord-
mates, it is alleged, have been discovered
running plantations on private account,
and working delinquent or disorderly
darkeys on them for punishment. Several
arrests have been made, and more will be.
On Monday night Of last week an attempt
was made to burn the African churches in
Petersburg, Va, and one of three set on
FIRE was consumed. The utmost indignation
is expressed by the press and people Of
that city at the outrage, and the Mayor has
offered reward Of $1,000 for the arrest
and conviction Of the perpetrators. The
citizens have subscribed $4,000 toward
rebuilding the burned church.
Since the arrival Of Mrs. Davis at Fort
ress Monroe, she has tenderly looked after
the failing state Of her husbands health,
and entertains, it is said, serious fears Of
his ultimate recovery, should he be attack
ed during the coming summer by one of
his periodical spells Of Intermittent fever
or congestive chills. The general health
Of Mr.. Davis remains comparatively good,
and it is only the long Imprisonment that
he has been subjected to, and the many
anxious fears and doubts which have
weighed 50 heavily upon his mind, that has
produced the very noticeable change in his
appearance during the past year.
Financial and Commercial.
The Government will lose by the Mer-
chants National Bank failure FIVE hundred
forty-seven thousand dollars.
It should be known that the Redemption
Division of the Treasury will receive pack
ages Of mutilated national currency in sums
amounting to over three dollars. So many
packages Of that sum are received that it is
thought people are Of opinion that is the
limit.
The largest amount Of revenue drawn
from the British people in one year never
exceeded $370,OOO,O0O, while the amount
drawn the present year from the people of
the United States is at the rate Of $40, OOO,-
600 per annum.
The investigation now being made in
Washington into the affairs Of the Merch-
ants National Bank, brings to light an addi-
tionsl loss to the Government, amounting to
S25O,(OO. This sum was deposited by the
disbursing clerk Of the Treasury Depart
ment. There is said to be small prospects
Of the depositors realizing anything from
the wreck Of the concern.
The Internal Revenue Bureau, acting
under the general law, requires all citizens
Of the South to render income returns for
the year 1864, Is well as for 1865. Some
Of the rebel officers residing in Alexandra.
Va, are startled by calls Of assessors upon
them to furnish the required statements,
and are surprised that rations received by
them in the Confederate army are estimated
at forty cents per diem. One Of them ex-
pressed his readiness to pay his tax in Con-
federate money, but this was Of course de-
clined.
The Government has finally determined
to hold the gold claimed by the Richmond
banks as belonging to them. The proofs
seem to establish clearly that the gold be-
longed to the so-called Southern Confeder-
acy, and was in deposit with the banks,
subject to the drafts of the Confederacy.
The Comptroller Of the Currency states
the actual receipts for the current fiscal
year to April LIST were $4lO,O1, 1882, and
estimates the whole amount, to July 1st, at
$40, OOO, 900, to which may be ad led $780,
O0O, 900 for income tax. Mr.. Clarke est
mates that next years revenue will not fall
below this years, and that, deducting ex-
penditures, as now estimated, there will be
balance to the credit Of the Government
of Sl49, 100000 ON the Both Of June. 1867.
The New York Evening Post publishes the
following calculations:
The saving Of interest by the conversion
of six per cent debt into one bearing only
1--WE per cent. is simply one per cent. per an
mum. An easy calculation shows that the
amount of this on $1,000, OOO, 900 would be
as follows:
In year. ZU,OOO,OOO
In ~ years....................... 4OO,UO,OOO
eli, however, the amount should be semi
annually set apart as sinking fund, bear
ing compound interest at five per cent. per
annum, the following would be the result !:
4 In l0 voara tho comnnund