Daily union and American. [volume] (Nashville, Tenn.) 1865-1866, 1866-05-16
BYTELEGRAPH.
TUE DISPATCHES OF THE ASSOCIATED PRESS
NOON DISPATCHES.
FROM WASHINGTON.
Bill 10 Fund the National Debt.

Bill 10 Fund the National Debt.
WASHINGTON, May I5-Mr. McCulloch sent to-
day TO the Senate Finance Committee the draft Of
new bill providing for the funding of the ma
iional debt into a five per cent consolidated loan
The Secretary of the Treasury has decided to
deem all outstanding certificates Of Indebtedness.
and TO issue no more in future.
National Banks aud the Shareholders
Tax.
Officers Of the National Banks are writing TO
the Comptroller of the Currency, from all sections
of the country. urging the necess ity Of some le-
gislation of Congress to protect them from the
additional Shareholder tax, imposed by loyal
authorities, under the recent decision Of the Su
preme Court. declaring such tax to be permissible
under the currency act. They aver that the in
evitable result will be the winding up of large
number Of the National Banks if relief is not Sc
cured.
The Mexican Legation on Santa Anna.
The Mexican Legation here say in reference to
Santa Anna, that they regard him as French
spy, and express a hope that if he reaches Chi
hauhua he will be speedily hanged.
RumOrs about MIR. Davis Trial.
1t is stated on high authority that Mr.. Davis
will be tried in Richmond in June, upon the in
dctment recently found by the Grand Jury at
Norfolk. providing Chief Justice Chase will con-
sent to preside in the Circuit Court there to
vene. There will be no delay account of the
investigation going on before the House Judiciary
Committee. 1t is not true, as stated in some of
the papers, that a copy Of the indictment has
been deposited with the Attorney General.
The Indictment Of Mr. Davis has been nade
public, but it contains nothing not in that pub
lished a year ago. Chief Justice Chase has signi-
fed his willingness to preside over court in Vir-
ginia, on the condition that the President issue a
proclamation abrogating martial law in the State
so far as the United States forces are concerned.
The Chief Justice had an interview with the Pres
ident on the subject last week. and the proba bill
titles are that the latter will listen to Mr. Chases
suggestions, as he expressed himself anxious for
the immediate trial of the chief insigatOr of the
rebellion. The House Committee is preparing a
report in favor of his trial by a Military Com
mission for completely in the assassination con-
spiracy. The report is vOluminOus and will con-
tain a chain of circumstantial evidence, the va
rious links of which were obtained out of the
ruins of the COnfedeTacy.
House Reconstruction Bill in the
Senate.
The statement sent from here that the Sd sec
ton to the Constitutional Amendment will be
stricken out in the Senate and the entire amend
ment more or less emasculated, is at least prema-
ture and the wish is father to the thought |
pretty solid column will be developed in the Sen
ate in favor of the House resolution.
of an Act Relating 10 Habeas
Corpus.
The President has approved the bill amending |
an act relating to the habeas corpus and regula-
ting judicial proceedings in certain cases, and ap
proved in March 1863. 1t is therefore a law.