The weekly North-Carolina standard. [volume] (Raleigh, N.C.) 186?-1869, 1866-05-09
s..ed,,s, 4 Colasress,,

erpy Act5V1otuf tIl6 D1llS duek J1-t.e -
already published, and stated ~ 90 DONG,
that it had been the intention OF the COM
{ plittee to accompany these bills and TINS
Joint resolution with a lengthy written re-
port but such had been its situation that
this report had not yet been completed he
hoped to be able to present It to, the Senate
before long, s,s
The Bills and Joint Resolution were or
dered to be printed.
Mr.. Howe, from the Library COMMITTEE,
reported a joint resolution for the purchase
of the Library of Hon. James LII ettlgrew,
of South Carolina, for the law Library OF
Congress.
A bill was passed authorizing the bridg-
ing ofthe Mississippi at Quincy, LII.
HOUSE, Mi. Stevens, from the Recon
struction Committee, reported the Joint
Resolution proposing an amendment to the
Constitution, which, under a suspension OF
the rules, was made the special order for
: Tuesday week. Y
The bill for the admission of the Southern
States was also reported, and made the spe-
! cial order for Wednesday week.
The bill declaring certain persons inelli-
gible to office, was made the special order
for Thursday week. ~
The House passed the bill making appro-
priations for river and harbor Improvements.
WASHINGTON, May Q. - SENATE. - Mr..
. Williams offered an amendments to the bill
/ reported by the Committee of Fifteen for
the admission of the Southern States 1t
provides that the States shall be admitted
after the 4th of March, 1867, with the excep-
ton of Tennessee and Arkansas, which shall
be admitted Immediately on the ratification
of the proposed amendment.
Mr.. Dixon also offered an amendment
which declares that when any of the lately
rebcllious States shall present itself, not only
in an attitude ofloyalty, but represented by
| men capable of submitting to constitutional
tests, it shall be admitted to the rights Of
representation.
/ HoUsE.-The House voted on and defeat
ed the Army bilE 1t win next consider the
bill which has passed the Senate for reorgan-
izing the army.
Not Confirmed.
1t is whispered at the Capitol, on the atl-
thority of the ''black cat that the Senate
laid on its table the nomination of Mr.. Ros-
seau "a brother of Gen. Rosseau) as Minister
to Honduras, in place of Thomas Fl. Clay,
who is a son of Henry Clay, and who has
many friends.
Gen. Lew Campbell's nomination has
been reported from the Senate Committee on
Foreign Relations without recommendation.
the Committee having been equally divided
I Washington Star.
Extraordinary Robbery.
WHEELING, W. Va, April 29-About one
o'clock this Sunday morning six burglars
entered the residence of the cashier of the
National Bank of Cadiz, Ohio, bucked and
gagged the cashier, aad compelled his wife
to deliver up the keys of the bank and safe.
Proceeding thence to the hank, they eff
fected an entrance without much opposition,
and robbed the safe of 100000 in United
States bonds and $4,000 in deposits.
After locking the watchman in the safe
! they made good their escape in hand-car
cutting the telegraph wires in two places.
The robbers abandoned the hand. car at a
station near Alexandria station, ten miles
west of Steubenville, and took to the woods.
The surrounding country has been arous-
| ed, and large force is in pursuit.
The president of the bank has offered a
reward of $4,000 for the apprehension of
the robbers and the recovery Of the securi-
ties; $1,000 for the former and $4,000 for
the latter.
Foreign Debt Of the Confederate States---A Prop
osition from the Bonahe!dcrs---Reply Of Seere-
tary Seward.
WASHINGTON, April sO.-The Secretary of
State, by direction of the President, examin-
1
to the late Confederate Loan. Among them
is communication dated London, March
10, 1866, and signed by order of Sir Provo
Wallis, K. C. D., E. Morgan, Secretary, Fran
els Phillips, c. and NJ j. Weston, w. NJ.
Morgan and ]. NJ. Howey. The plan which
they propose is that the United States gov
eminent shall forward to that committee a
| copy of the contract which they say was made
between Erlanger & Co., of Paris, and the
late Confederate government at Richmond,
together with the particulars of the settle
ment of the same
The committee promise that the outstand-
! ing Confederate cotton loan bonds shall be
delivered up to agents of The United States
for cancellation, the bondholders to guaran-
! tee that either they or their friends will sub
scribe forthwith to new loan to be created
by the cotton and tobacco States, for
e5,0OO,0O0, at fifty per centum, payable in
London-the money to be used solely in re-
developing the revenues of these States.
In the event of the credit of the Southern
States being restored, through the influence
of the last mentioned operation, second
loan of e5,O00,000 is to be taken at 60 per
/ centum within three months after the plac-
ing of the first loan upon the market.
1 In the event of such second loan being
successful, then loan for $10,000,000 is to
be taken at 70 per cent, after like interval
of time. T
After reviewing the above mentioned and
other communications submitted the Secre-
tary of State says: am of the opinion
that neither the nature of these several COM
munications. nor the matters discussed there
in nor the form in which they are therein
treated, nor the character of their authors,
nor that of their agent, is such as to deserve
consideration on the part of the Government
of the United States"
Internal Revenue Decision.
The Commissioner of Internal Revenue yes
terday rendered an important decision upon
deductions from income. He decides that
all expenses for insurance upon property and
all actual losses in business may be deducted
. from the gross income of the year but losses
sustained after December 81, 1865, cannot
reduce the income for the year. Losses in
CURED in the prosecution Of one kind ofbusi
ness may be deducted from gains in another
but not from those portions of income deriv-
ed from fixed investments, such as bonds
mortgages, rents, and the like. He instructs
assessors to be careful not to allow the deduc