The Norfolk post. [volume] (Norfolk, Va.) 1865-1866, 1866-03-02

ABOUT Tile WOuuU ny ally Ouc pTcScut,
fearing that an alarm might be created
by the report that an accident had oc-
Cured to the General. The wound did
not prevent General Grant from keep
ing his engagement during the even--
ing. a,
o --> . -
THE GOVERNMENT FINANCES. A
special despatch from Washington to the
New York Tribune says:
The fact is not generally known that
tile financial condition Of the Govern
ment is very much stronger than is made
to appear from the monthly report of
the national debt issued by the Treasury
Department. In the monthly balance
sheet so issued no account has ever been
taken of the funds belongingt to Govern
ment deposited in the national banks
and amounting at this time to over
$40, 600, 900.
1t is the opinion of the Comptroller of
the Currency that the Government will
hold at the close of the present fiscal
year surplus over all expenditures of
at least $500, 100000. The requirements
of the army and navy will be compare.
lively nothing, as they have supplies of
every description on hand and paid for
from last years appropriations. The
surplus on hand at this time, estimating
the currency value of the gold on hand,
with other funds OH deposit in national
banks and in the hands of the Treasurer
and Assistant Treasurers, must be at
least $40, 600, 900.
With this surplus, and that which
will accumulate by the 18th of June
next, the Secretary can pay off that
portion of the temporary loan not de.
posted, by banks uader special arrange
ments for clearinghouse purposes say
S50,000,000. 1t can also pay off all the
certificates Of Indebtedness, which were
reported on the LIST of February rs $780,
637, 900, all of the one and two.year per
cent. legal slender notes, amounting to
SIS, 1886, 900, and can also redeem about
$50, 200. 900 of the compound interest
notes that can be converted into $50
bonds, and also the 7-30 notes as they
mature, under the act of the 3D. of March
last. ..g1, .....
This disposes of all the public debt,
with the exception of the legal tender
notes and the fractional currency. The
Comptroller is also of the opinion that
the common legal-tender notes should
not be reduced unless an equal amount
of such reduction should be authorized
rs an increase of the amount of the bank
circulation, as recommended in his
report. nal
SENSIBLE ADVICE. The Richmond
Republic very sensibly urges upon the
people of Virginia that the Legislature,
instead of supporting President John
son by empty resolutions, had better
set to work and enact such laws as will
enable him to carry out his reconstruc-
ton policy" 1t says: 'g sste
The President has been the Moses to
conduct the negroes of the South through
the wilderness of slavery into the Ca
naan of freedom, and demand for them
legal rights in all the southern states.
What support is given him by those
who refuse or fail to give the freedmen
those legal rights? Are not the famous
joint resolutions of the Legislature mere
lip loyalty, as long as that body declines
to pass laws for carrying out the demands
of the President? The freedmen are
now dependent upon their own exer-
tons for support of themselves and FAM
lilies. They are now, and must be for
years to come, the great laboring class OF
the agricultural community. Compelled
to make their own contracts, they must
be made competent witnesses, to ensure
their rights. As the laboring element
of the country, they must be educated
in Intelligence, morality. and religion,
or degenerate into a semi-barbarOus and
worthless condition. To ensure them
these blessings, as we'll for the benefit
and protection of the whites, with whom
they live, the General Assembly should
enact laws making them competent wit
nesses in courts of justice, subjecting
them to the same mode of trials pre-
scribed for white men; allowing them
10 hold property, and requiring them to
observe the martial vows.
THE CANAL BILL IN WEST VIRGIN
La. The President of the James River
and Kanawha Canal, Colonel Thomas
III. Ellis, has just returned from Wheel
ing, where he has been on important
business connected with the canal, The
bill which passed the Assembly of Vir-
ginia amending the charter If the canal
company so as to enable them to perfect
their contract with the Bellot Compa-
ny--who have undertaken to complete
the water navigation to the Ohio-had
to pass also the Legislature of West
Virginia before it could be acted on. We
learn from Colonel Ellis that the bill has
passed the Legislature of West Virginia
with amendments of such character as
cannot be seriously objected to by the
French Company. A bill has been in
troduced in our Assembly to amend the
original bill so as to make it agree with
the one which has gone through the
Legislature of West Virginia. Rich.
Dispatch. a,t=s{t o'of -
A measure has been proposed and will
shortly be introduced in the House of
X Representatives, TO decrease the number
OF supreme Judges. In such an event a
new distribution of Judicial districts |
will be required. Tnis7'