The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1866-11-27
Its Cause Reported to be the Withdrawal
Of Government Funds from the
Ntional Banks.
Tho Presidents Message Completed and to DO
Maild to tho Press To-Day.

Of action Congresw adopt in relation 70 the question
to whether Mort shall be made TO effect reconcil-
ation with the Resident or an attempt be made 70 i'm
peach him The dea Of preferrng articles Of mpeach-
ment against tlp President although perseveringy
discussed is centrally regarded BY leading men here OF
all parties wildly inadvsab,e II at all practicable, ana
it is thought thai the proposition will not be even So
rously ENTERTAINED much less be supported, by score
OF members OF TIE House Of Representatives.
1t s understood that bills win be introduced at the
coming session Of Congress TO abrdge the pardoning
power Of the executive far as to withdraw from him
the authority 10 pardon any but those who have been
tried and conviaed It is also said that bill will be
presented removing from the President the authority to
appoint the Superintendent or Public Printing.
Tho Presidents Message and Departmental
Reports.
The President viii authorize printed copies OF his
sage to be sent BY mail TO the press tomorrow.
The reports of the several heads Of departments and
chiefs Of the several bureaus In state OF greater
orwardness than heretofore previous to the
sion Of Congress. Some Of them partly in print and
the others nearly ready for the printer The Secretary
Of the Treasury has finished his report II is short and
pointed.
Reported Cause OF the Excitement in Finan.
cial Circles.
An able nancier who has TO information In the
United States Treasury here that the present pres
In the money market and tho downward tendency
OF prices owing to tho demand OF the Secretary OF the
Treasury upon the national banks for the government
funds on deposit During the past few months the
tona banks have made largo loans call to operators
In the Eastern cities and other manufacturing and
mercai centres. Whom the Secretary drew on the ma
tonal banks and authorized depostaes for the funds
deposited with them by collectors OF internal
tax the banks obliged 70 call In the loans made to
stocks of goods In forced to push the goods
upon unwilling market The banks however, sue
cscded honorng the drafts Of the government by be-
ing permitted, in instances when necessary.
satisfy these drafts partially with compound interest
notes. The announcement Is now made that the gov
eminent has ceased drawing It's balances In the
tional banks for the present. although nothing Ia ind
Gated to how long the abstinence will continue.
The Investigations Of the Retrsnchment Com.
mittee.
The Retrenchmcnt Committee were IN session the
greater portion OF today. The committees business is
still confined 20 the examining Of cotton frauds The
these frauds looked into the fearful they
become in magnitude. The committee will continue
their examination Of these frauds for several days yet
when thoy will turn their attention 70 the different do
par,ments OF the government having their heads in this
city.
specalations In Regard 60 Mexican Affairs.
II has been asoerained that MAxmiliau's tsnacy In
holding 70 Mexico has been due 10 the expectation
encouraged BY the reports Of his late agent In tho United
States. Mariana Degollsdo who has just returned
Mexico. that now civil was the OF break
ing out IN the United States, aud that this would
certainly be the the radicals carried the fall clec
tons II Is expected that all Missionaries dsap-
pointed The fact s known here that DcgoIlado could
not obtain audiences either with President johnson
yf-ts~A 0s-t =
efforts to have them having failed. Notwithstanding his
statements TO the contrary
Parties here differ greatly about Mexican affairs Those
who sympathizs with the conservative imperial gov
eminent In Mexico pace confidence in the many de-
spatchss and letters purporting from that
try The Juarez party that they have late intel
ligence from chihuahua, u VI Psso that the liberal gov
eminent 10 sti the ascendant Juarez still being
tho south side Of the river II Is currently reported that
Sonora is st true the republic and Pcsquers Gov
Our Claims Against England.
Nothing definite has yet been received from the British
government In relation TO the claims for indemnity
growing out Of the deprodations committed American
commerce by the Alabama and other rebel priv ateers
The correspondence Is still In progress between the
two governmental The present British Ministry, how
ever show better disposition than the former one in
the consideration Of the important subject
The French Minister
Although Minister Monthoion has not been officially
advised OF the Intention OF the French government 70
transfer him Lisbon In the same Official capacity there
seems to be no doubt Of the fact that such change will
soon DO made This win be promotion, according
10 the European standard, rs tho duties there
will be lighter tho salary higher and the
distance 10 Paris shorter than from WASH
ington. Il will DO remembered that Count sarises
7 ain tlarfv al
ago, having boon transferred BY thor respective gov
ernmcuts from Washington 70 the Hague.
Permisssou Not Granted to Jake Thompson to
Return 10 this Country.
statement has boon published that the President
has given 70 Mrs Thompson permission for her husband
Jacob Thompson. to return home This h untrue. He
positively refused TO give such permission, but said
Thompson must take the consequences Of returning Ike
other prominent rebels stii abroad
The White House Visitors.
The usual number Of visitors OF the White House
IN ss.sndancs to-day Tho Attorney General and seere
ssnss wsles and Browning had interviews with the
President during the day. No general audience was
given.
The articles 10 the Nav Yoax HssALD on the removal
Of the obstruc,lors In Hell Gate has bad gratifying
effect Colonel sharner OF opinion that Congress will
make tho necessary appropriation during the nett
session He proposes 70 remove voc rocks va zoe oss
70 an sxtsnt that there will b smooth wafer.
forever the terror Of the place, and leave more
pleasant meaning 70 the name u bears This 30
effected by nitro-gycerns.
Our seac0ass Defcnces.
Brevet Major General George W Cuban. Of The Corps
Of Engineers, and late Superintendent Of tbs United
states Military Academy has been detailed ~ member
OF she board 70 consider the subject Of the notifications
Of Tho existing ssscoass forncasIons General cuium
win DO stationed In this city.
Prize Money.
The prze onsy resulting from the capture Of twenty
two bales Of BY the Monticello tho 9TH Of July
1891 Is nearly ready for distribution al tho Fourth Audi
tors once
sDespst~hes 70 General sherman.
Dispatches Of very important nature from The Press
dent 10 Lsssssant 0snsrsi sherman forwarded 20
the latter on Saturday iAst