Daily union and American. [volume] (Nashville, Tenn.) 1865-1866, 1866-05-09

THE DISPATCHES OF THE ASSOCIATED PRESS
NOON DISPATCHES.
FROM WASHINGTON.
About The Merchants National Bank
EaiIura.

About The Merchants National Bank
Failure.
WAsHNGToy, May s.-The doors of the MeT-
! chants National Bank remain Oper, and the Off
| GERS remain there making promises OF future re
| demption. but with no prospect Of being able to
fulfill them. ltappears that there was on deposit
| from the Interior Department on account of the
Indian funds $32 9O7; Post Office Department
dead letter fund, waste paper fund, and Disburs-
! ing Clerk, $1,000: Treasury Department, $1,000
and otheO paymasters and quartermasters, $780,,
| lG3; total $Gs7, 600 General Spinner holds above
| the amount necessary for the redemption of the
notes of the bank about $4,000. leaving loss
| for the Government of $4,000, without having
recourse to stockholders, or counting upon the
probable non-reurn Of large portion of the notes
of the bank or the bank recovering, or hearing
anything from the general assets Of the concern.
The official inquiry now going on will soon demon
strate the amount of the private deposits, their
liabilities and assets. Information from Balt
more indicate that nothing of any account will be
received from Baine, or Baine Il Co., of Balti-
more. The failure of the Merchants National
Bank has caused a general feeling Of dissatisfac-
ton among dcpositors and among other institu-
tons. and to-day quite run was made upon
some others, and a large amount of deposits have
been removed to Jay Cookies. the First National
and to the United States Treasury. There arc no
other suspensions however, and it is announced
by Maury & Co.. that they will resume to-mor-
row. On May LIST, there was in the various public
repositories $24 Do, 73G 80, for which there are
Government securities held by General Spinner
amounting to $50, 500.
The Commissioner Of Internal Revenue
Dissents from the Recent Decision of
Judge SmaIIey, OfVermOnt.
The Commissioner of Internal Revenue in a
letter of reply to a gentleman of Buffalo, New
York. dissents from the recent decision of Judge
Smalley, of Vermont while sitting in equity in
the western part of New York. The Commits
sioner says that the rule laid down by Judge
Smalley as to the cases in which he thinks the
Judge ought not to give aid to the assessor. must
he supposes be taken as the rule of that district
as Judge Hall appears to concur in the opinions
of Judge Smalley, but as to the right of making
a second assessment the Commissioner docs not
regard Judge Smalley's opinion, even in his dis
trict either as authority precedent, for his
opinion cannot be deemed to extend as a prece- |
dent in its legal effect, beyond the point which |
the case turned, viz: The Assessors right of in
vestigation in the manner proposed in that class |
of eases represented by the of Mr.. Brown. |
which class, moreover, embraces such assessments
as were made prior to the time when the law of
June Goth, 1864, took effect, and no such assess
mcnts have been made since that time. The rest
of tn. Commissioners opinion contains views not
called for by the case actually before the court.
ChOIera---A Rigid Quarantine TO be
Enforced.
DR.. Sayro of New York, at the head of a com
mittee of eminent physicians appointed by the
Aa1iaa1 Convention rppautIy 0SSpnblpl 1T Raiti- |
more, were to-day in conference with the Senate
on Commerce, fo= the purpose of de-
vising ONE legislation to prevent the introduction
and spread of the Asiatic cholera in the United
States. After a free interchange of views, the
unanimously instructed their chairman
to report joint resolution to the effect that the
Secretary of War and of the Navy, with the CO.
operation of the Secretary of the Treasury, will
cause efficient and uniform system Of quaran-
Tine to operate against the introduction Of Asiatic
cholera through its ports of entry.
senate Committee on Public Lands.
The SeEate Committee on Public Lands have
several important measures before them, which
will be reported in few days. looking to an ear
y development of the Northwest. Several lead
ng railroad men are here in conference with them,
lmong whom is a Mr.. Morse. who is urging legs-
itlbl " stNult lhC OOLplStl'u VI tuS lotu rum |
st. Paul to bayfield,, which makes IN outlet to the
axes.
General Washington News.
The Percsident has signed the bill Incorporating
he international Telegraph company between the
United States and Cuba.
Senator DixCn expects to leave for his home in
within ten days. His improvement
lere is gradual, but will probaiy be accelerated by
he quiet of home.
Mt. Bunker, on behalf the Union Pacific rail
DAD, is here for the purpose of obtaining another
of United States bonds, in payment
or twenty-five miles Of road lately accepted by
he commissioner. The line is now completed
,eyond Elkholn bridge, about sixtyfve miles
westward from Omaha.
The War Department has suspended the pay
nent Of over one hundred discharged soldiers,
vho have failed to make the proper returns.
Arrests for Frauds in the Freedmen's .
Bureau I'm North Carolina.
Dispatches from North Carolina report further |
cts of malfcasanco on the part of agents Of the {
'reedmcn's Bureau in that State. Colonel Whit t
lesey, the Commissioner for the State and several
f his suborlinates, with the assistance of some
Massachusetts, philanthropists it is alleged. have
ecn discovered running plantations on private
ccount and working delinqent and disordery
arkies on them for punishment. Several arrests /
ave been made and moro will be, it is reported i
The Cotton Seized by Government Of |
ficers at Savannah.
Nearly all the claimants of the cotton seized by
be Government at Savannah have commenced c
uits in the United States District Courts of New
,Ork against Simon Draper, cotton agent, for the
ecovery of the.value of the cotton. The names
lumber one hundred and twenty-five. and !
trong array Of counsel has been retained by the i
among whom are James 7. Brady, Will 5
lam T. Evarts and other gentlemen of equal :
bility. q
General SicISIes' Report. t
General Sicklcs. who arrived here yesterday | t
nth several members of his staff from Charles
on, had an interview with General Grant to-day.
encral Sicklcs reports affairs gradually improv
ng in the State. The labor question is well settled
nd the lawleSs operations in the northwestern {
ortion of the State have ceased. !
General Sckles having declined the mission TO y
he Hague, will probably return return to the !
of the District of South Carolina. t