Cleveland daily leader. [volume] ([Cleveland, Ohio]) 1865-1873, 1866-03-16
Special Dlspatches.
RECEIVED UP TO O'CLOCK, A. NJ
Special Dispatches to the Western Press.
CANADA.

CANADA
New YoRK, March I4-A special to the
Herald from Guelph, Canada West to-day
has the foIlowing
I The excitement has nearly disappeared
in the interior towns, but it RACES on the
frontier in .sll its force. Volunteers are
still being organized. A report is current
, Of arrests in lower Canada for treason. On
the frontier there are skirmish lines ex-
tending many miles. The organ Of Ribs-
rian speaks of the difficulty Of getting vol
unteers brought to the mark BY bsyonets,
and IN several cases dragged BY the heels
from under beds. Officers of regiments at
Toronto had themselves to perform duty
as sentries, and at last three privates wers
logged and sent 10 prison for expressing
Fenian sentiments.
EXTRAORDINARY LETTER.
. The Tribune's dispatch saws the extraor-
dinary letter of fConsntrallA- OIL
sPeeIai sensation to-day at the Capitol. It
is understood that Secretary McCul-
loch takes the position that he cannot con-
sanity, with self respect indulge in public
cu5sion with subO7dinates, and that he
Will not submit any reply to Mr.. Clsrk's
letter. On the other band it is claimed by
q gentleman in high official position,
that the gravity of the issue raised ~
the Comptroller and the effect thatit viii be
likely 10 exert before the country demands
an immediate and official refutation The
explanation given Of the Treasury &C.
counts for the large discrepancies made
| by Clark Is that while the Treasury in New
York there may be fifty million
standing to the credit Of the Treasury, the
| Department may have in the meantime,
made requisitica upon such deposit for
half or even all the funds, and thus while
| the books here show no funds, the books in
| Nauv Xnrk ebo % to- -,
| cause requisitioDs may not have been pre-
sented. Again, many millions have been
| issued to and charged over te disbursing
| agents IN different parts of the country.
These sums are deposited, and many months
may elapse before all Is paid out, yet the
Treasury books show the NANCY 70 have
| been paid out. h
| In reply to Mr.. Hubbard, Dir. Hooper Of
Massachusetts said the sums alleged By the
Comptroller of the Currency to be deposited
with National Banks, had been accounted
for, and that the balance ($I16 00O, 900, as
stated by the Secretary of the Treasury
was correct as was ascertained by a sub
committee of the Ways and Means Com
mittee. Mr.. Hubbard, after stating the
amount Of the present debt, and the amount
that will become due in the next two years,
swelling up TO nearly S1,700O 900, 600, said
provision must be made either by immedi-
ate heavy taxation, or funding, for
the present maximum of taxation
had probably been reached; that if
in place of the vast power of the Secretary
over the currency, and the business Of the
country, he thought the Secretary should
give public notice Of the kind and amount,
and the priority Of presentation of the LA
bilitics to be retired This done, the busi-
ness of the country could and would accom-
mOdate itself to it He spoke of the accum-
ulation of money in the Treasury He
thought temporary loans should be paid off,
and discontinued. He said the surplus gold
was pledged after paying interest to the
creation of the sinking fund, while that
might have been inexpedient in time of war.
Now there was no excuse at least for its
non appropriation to the curtailment of
the National indebtedness. He issl-
ing bonds only to pay debts already con-
tracted. Debt policy should stop and the
Government should pay as it went the an
nual expense of the Government, except
interest on public debt, which should be
paid from proceeds of the Internal Rvenue
tax, which, under his policy, would be an
nually reduced, and finally abolished in
twenty years. He spoke of the Controller
Of Currency as being engaged in thwarting
the efforts Of the administration to bring
ebout the earliest practicable return to spe-
Gle payment.
Mr.. kassOn, by permission of the gentle-
man from Illinois, read letter from 8
merchant in New York, in which it was
stated that in the purchase and sale
of teas for instant transaction
were carried on in gold. He read the
system SO ably recommended by Revenue
Commissioners, aud he hoped 1t should be
adopted for years to come 1t could be ex-
peeted to yield our government expendi-
lures and interest on the public debt only
the sum Of S767, 100000 per annum, and
4 at
some length, the loan acts Of June, "a, and
March, '65, and contended that there yet
continued an unexhausted power sufficient
TO enable the Treasury to fund all out
standing interest bonds. This he thought
should be sufficient. He strenOusly OBJ
jeeted to granting power IN addition to re-
tire by paying or funding non-interest
bearing legal tenders, species Of currency
everywhere popular and acceptable until
the short obligation were provided for. There
could be no resumption till short obligations
are out of the way that resumption must be
simultaneous act Of the government and OF
banks, preceded by contraction Of paper
ejaculation, by economy, by manufactures,
and of course by expOrtation Of surplus pro-
due ton then there could be resumptlon,and
it could be maintained. He referred to the
fact that after July lst State bank notes
would by taxation be driven from cireula-
ton, and that would produce contraction,
perhaps as much as the Secretary or the
business men would care to see in the coun-
try or on change
TREASURY REcEIPTs-
The following are the receipts at the
Treasury for the quarter ending December
SIst, 1865 Customs, S50,2l6,33O; Lands,
SIT5245; Internal Revenue, SS2,597,15O;
Direct Tax, S36S,si3; Loans and Treasury
Notes, s13O, ,69454O; Miscellaneous, Sl7,9Ss,-
OI9. Total, S27O,9741 143.
The Post Office Department has closed its
lettings for mail routes in the far West.
Competition was greater, and prices reduced
from last year. The following are few of
the most prominent:
San Francisco to Sacramento City, let at
SIS, ,OOO; present service, $4,000. San Fran
cisco to Stockton, $4,000; now S2O,00e. San
Juan to Los Angelo, SIS,e0O; now S24,O
Clover Dale to Aaeata, S1s,00O. The pres
ent route from Lincoln, Cal, to Portland,
Oregon, GA miles, is let to Henry W. Tor
bett, at SI79,OOO; present pay, s225,OOO.
FROM RUSSIA.
st Petersburg letters say the budget Of
Russian finances show a deficit Of 2,00C,000
roubles. There seems to be considerable
dissatisfaction with the present Emperor's
administration.
HECoSsrKUCTIOS N -E1As.
Inc IOmulJbee on 4Aeeou1tHuCtlOu noh5
reported the testimony of General Custer,
who states that he has travelled over Texes
and found a mass of people exceedingly
bitter against the Government, more so than
Eve or six months ago. He mentions among
other facts that the grand juries have with
in the last few months found five hundred
indictments for the murder of Union men
and others, but not one Of the guilty has
been convicted
An HONEST HAN.
Mr.. G. G. Lynch, Postmaster in North
Carolina at the commencement Of the re-
bellion, and when communication between
that State and Washington was first inter-
rupted had in his possession between one
thousand and two thousand dollars in coin
belonging TO the Government, which he
buried. Recently the Sixth Auditor Of the
Treasury for P. o Department, was inform
ed by him of the fact and that the money
was at the order of proper officers. draft
has accordingly been drawn for its amount
in currency.
Since the introduction of q resolution in
the Senate a short time ago with the view
if providiug indemnity to all officers and
seamen of the navy for personal loss sus-
tanned while in active service, the Seventh
Auditor has been the recipient Of many
letters from those who consider themselves
affected thereby.