The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1866-06-06
Thirty.ilve Millions Sold Since
February, 1865.
Passage in tho House Of tho Bill t.
Regulate the Pay Of Officers and
Soldiers Of the Army.
n An Ia



SIX per cent bonds $54z, W
remP%rafy "s ;rdccr... - oos az
Three year compound interest notes. 1e2 o2 40
Three year Seven-rhrty Notes. Sl2, 22l 600
Maiured debt not presented for payment " i,0Oo,42s
DEBT BEARING NO INTEREST.
united states moves $4OZ 1871
Fract onal currency Observation-Disclosures. 1884 Dos
Gold certificates Of deposit. ........... 2256s,s2e
Total $4ozO3l, oO3
AMOUNT IN TREASURY
COin $5O,0Is,vey
Treasury currency. D,0l1,i2
Total. si2e. esl, oss
Amount Of debt less cash in tho Treasury ss7o
The foregoing statement Of the public debt
appears from the books and Teasurers in the
Department on the LIST Of June, 1865
HUGH McCULL0CH, Secretary Of the Treasury.
THE NIAGARA SHIP CANAL.
The Senate COMMITTEES on Commerce have decided b
report favoraby upon tho House bill for the construction
OF ship canal round the Falls OF Niagara This makes
its passage almost a certainty
THE INCOME TAX.
The Comm ssoner Of Internal Revenue has issued ~
order correcting certain instructions to
corning assessment Of incomes for the year 1885, by
which appears guardian residing abroad should ~
the income Of his ward the district where the
ward resdes and that all expenses for insurance upea
property and all actual losses in business may DO de-
Quoted from tho gross income Of the business Of the
year.
CONTRADICTION or THE STATEMENT THAT JUAREs
WAS TO SURRENDER THE GOVERNMENT or MEXICO
TO SANTA ANNA.
The statement is made by request OF the Mexican
Minister that there foundation for the
tainod In lctter from st. Thomas published BY the
Esefstte French paper Of the city Of Mexico about
tho determination OF President Juarez to surrender the
government TO General Santa Anna President Jusres
has repeatedly his determination fulfil his duty
under any and all circumstances
PERSONAL.
Secretary Harlan has gone West ostcnsbly 10 visit
his parents and expects bc absent three weeks
Ralph Waldo Emerson Thurlow Weed and Admiral
Porter arc In the city. The Admiral and Secretary Ne
Cuoch dincd together at the Ebbtt House today bus
Thurow spent his time principally in the ante Il
the White House.
NO MORE KRBELs TO BIZ PARDoSED AT PRESENT.
The President has decided to-day that more par
dons shall be issued for the present.
ruE SALES OF GOLD BY THE SECRETARY OF fMn
TREASURY.
Tho Secretary Of the Treasury to-day sent 70 the House
the following In reply 70 a resolution OF inquiry:
TRxAsuRY DEPARTMENT June L. $685.
siR-I havo tho honor acknowledge the receipt az
tho following resolution adopted by the House Of Repre-
sontatives on the 2Sth utmo:-
Resolved That the Secretary Of the Treasury be directsl
70 Inform this Hose what amount Of geld belonging 70 TIE
the IL and wh. rates. also The name q The .gss
has been authorized BY tho Dsparsmsas
for selling the same .,
tina, the sales OF gold belonging 10 the United States
during the month OF May made by the Assistant Treasurer
Of New York ander the general authority given hun by
this department amounted the OF s35, 40 0o6
The agent by whom the sales were made
for making the sales and for the responsibility OF rscev
Ing the proceeds and doptg the came In the Office Of
the Assistant Treasurer Of the United states was oae
eighth OF per oeD the usual commission for such
services and te smallest commission at which salcs'ca
be made under The regulations 81 the Board OF Brokeu.
81 which Mr. Myers ie member. The rates at which.
tho gold was Sold follows SIC c3s 900 n 1885,
So 10000 1901. 10000 q, 1901, $1,000 900 at i3i
t0f5 900 n 13lh These contributed all the sales of
gold made ~ t,s department snce the menth Of Feb
ruary last
and in order that the House might be put in possession
of all tho connected with there sales requested
Mr. Van Dyck the Assistant Treasurer New York. 70
inform me or the under which they
made the for selling largely and the crcum
stances which had induced the mode Of sale adopted by
him. and the selection Of this agent The reply %
sMr Van Dyck. copy Of which Is herewith
submitted is 50 complete IN its statements and so salts
factory IL explanation Of his action that Ii hardly
necessary tor mo 10 say anything in addition TO u In
reply 70 the resolution Of the House The coin received
o. accumulate, 10 be held for the purpose Of facilitating
20 specie payments or 70 DE disposed Of in any
emergency which might render the disposition OF u nc
osssary FOR the protection o. the national credit pre-
venting snch depreciation Of the national currency a.
"
especially the interest Of tho aboring and producing
olases IL has been my purpose either by holding or
selling keep the marSe steady until the industry Of
tho country, diverted by the war from ne legitimate
channels should be brought again into full productive
scilviiy ,snd thus prepare the way for permanent
resumption Ny INSTRUCTIONS gwen al various times
Mr. Van Dyes have been 10 make no sales except for
tho purpcs q supplying the Treasury with currency, or
cor meeting Tho necessary demands u commerce pre-
venting successful combinations either 70 impair the
ionai crcdi, produce fluctuations in prces
The Of these instructions has been indicated
by the general sesdncss of the The gradual nd
vance u currency towards the true standard Of value,
had Anticipated the legitimate consequence Of the
and ssrerabundant circulating medium.
In the exercise u tho discretion conferred upon him
Mr. Van nyck has found ~ necessary for many months
10 make hut few sales ami had not been for the
dcnand which arose IN the latter par OF February,
tpsed mon spprehended political complications, and
hot upon commercial necessities, which demand
decned jud cious 10 meet and the existing and up
expected fpanca! criss 10 Europe, the gold In the
Treasury woald have been permitted 20 accumulate up
10 the present time The demand IN February was mea
by the sale VI soms nncen millions Of dollars Al .
premium of between thirty seven and thirty eight pcv
con after which the rate gradually declined 70 twenty
r,s wa ma, nsns eynud seh nom, h was not deemed
advisable that Il should go; aud as there Wa little COM
merca demand No sales by We sovsnn e, , VIZ
gence was received from Europe Upon the receipt o.
tbs intelligence tho domand became active boa
ury. on the rccc'pt however, Of the disastrous
news BY ire Gotta She demand assumed sorrows char.
see, This new reached New York late In the alter
noon. but pcfore tho stock hoard had closed II WA
ueu 900 ofsn INSTRUCTIONS from this Department
ard sses were re.oiufely continued amid unparalleled
axcitefn.nt Hsd there hsep time Tor Mr. Van Dyke IN
sdvss me regard I. tho brought over by the
Cuba and 10 receive nsructons, the probability IN
thai sales would have been suspended bacrc large
amount of coin ssd been disposed Of Hut In the ghs
VI facts davslopcj, concur In the opinion en-
pressed by him thai susperson OF sales before tho
deuand0ad been freely suppsed would have isdded 70
The exctemcni and resulted IN panic which would have
produced Srtpus and extensive disaster received the
intelligence Of the unexpected heavy sses with regret,
but have become satisfied that The action % ths
Assistant 1rcasrsr and hrs agsn, wr not oniy under
the rcumsisnces courageous nus tudleioas