The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1866-12-22
WASHINGTON.

operation, the eCCum rusn uopocitS
much larger than before The consequence OF this
mate Of things is that the New York bankers must use
great diligence in finding borrowers call at higher
ra,es Of interest," they must lose money. This leads
% the practice Of oaning large Of money cqass
Of wealthy nen who thereby enabled to buy and con-
oi the entire supply Of any article in the market;
sometimes II may be . particular railroad STOCK some
times one article Of produce and sometimes another.
In this way the fair and legitimate prices OF anything
which they may give their attention, are disturbed
and though put up much above. their values when neid
by the clique they driven down below their rear
values Whenever the clique shall have sold out and wish
70 buy again. II II with the money thus supplied mat
Tho .cornsrs in certain railroad stocks, OF which We
have often heard IN the last year, have been Formed
and that the high and fabulous prices for butter beef
and -four have been maintained. II s because OF the
employment OF the national bank money In this way,
that 4 found SO difficult to obtain discounts from them
near q home And We thus have the rich made much
richer and poor made poorer through the perncious
influence Of this system of employing SO large an
amount OF the currency Of the national banks Of the
country in New York city. II these banks were not
allowed interest these deposits, they would employ
ahsn IN the aid Of legitimate business at home, and
. much greater stability Of prices would prevail 10
ssne reform not needed on this subject9
Circular from Treasurer Spinner.
me following circular certain collectors Of customs,
yeceiven Of public money and others, is now in the
hands Of the printer and win be issued BY the United
States Treasurer to-day
TREASURY DEPARrxExr, TRgAsuRBRs 0vrcs,
WASHINGTON, Dec. II, 1866.
In order 70 realize with the least possible delay and
expense the receipts OF revenue derived from customs
ses Of public lands and from other sources, collected
sgna4d depository and 10 facilitate the necessary dis
onrsenents Of the Treasury is important that the
be kept duly advised Of the amount OF money
In your naAda To this end you are required 10 render
10 this once statement Of receipts and disbursements
- the end Of each calendar month This statement
0ua b made out end remitted by the rst mall Of tho
ssccesdng month Any neglect or want Of promptncss
IN As particular VIII noticed by the department.
In sse statsmenta you win bring forward the balances
srsm Ne ass account and psoa thcrcunde TO the credit
he previous return, any. arranged when trans.
soianss for coin and currency; 70 hls debit arranged
IN like MANNER the amount Of Treasurers draft made
zen Or .n other ocsr, and paid b you and the amour:
Nth any government depository. Tho number AMOUNT
and date o. payment Of each draf win be given; also
credit has been made Deposits Of coin for customs
receipts, under law, cannot Be made with any national
bank No debit % she Treasurer's account win be
alaowed except for drafts or deposits made ss
above. All drafts or vouchers, properly endorsed and
Ssancslsd, stamped paid, must be transmitted 70
Ne Treasurer, With the account current which they
were entered; such charge will not be allowed until
Shsy are rntted Care should DO exercised in having
al drafts properly endorsed before payment General
yswsa Of attorney 70 endorse must BE- on fie either In
mis- scs With the Tiryt Comptroller Of she Treasury
end special ones for particular transaction, must &C.
company the draft6 Companies banks must endorse
By Of their lesassd Officers by their attorneys
= aforesaid No guarantee Of any Enforcement, nor
sianpsd endorsements, will b recognized As matter
ef security against loss Of drafts In Transmission you
SHOULD tks from the last psyee receipt for the amount
q sash dvst paid rshearsns number. date, amount and
eAoaiA ne Treasurer direct you 10 writing to make
pAJnens q any Of his drafts on hmself, or on any
eoetans treasurer, United States dsposaSy national
sucssnt funds hand the = II made on yourself
sndrsn the draft endorsed for credit Of my account
waited ssass q washington where the amour. WIN be-
credited and certificate Of deposit duplicate issued and
ysrdsd.esgn. 70 ses Secretary Of the Treasury and
r. T. SPINNER,
E Treasurer United States
The Tariff.
m nDanoe Committee Of the Senate held the FIRST OF
sAsir nsssns during the At the Capitol to-day,
ssr NE consideration Of the Tariff questions and they
WI, meet daily during the recess II 10 reported that
sAey have before them Commissioner Wells drar Of a
Sii - amendment TO tho House bil and that this
sAnG Of Nr. Wells IL more Of revenue tarin, which
sves incidental protection TO the industry Of the coun
ny BY admitting, far ~ possible the raw material
ss. and taxing more heavily the manufactured fabrics
as 49, Lee In Demand.
In the Circuit Court 70 day the Of Brady Gibson
eos tTisd. II was action pronissory note, both
parties dealing In Photographic and in the course Of the
evidences appeared that IS 600 oares visit Of General
Lss sold in Warrington Immediately after the sur.
sander
The Pardon Of DIemminser.
The pardon Of c. G. Mommnger nrst secretary Of the
rebel treasury, was recommended by the following per
soss:-Hon VIM. h. Seward. Secretary OF state; Hon
Eea,y sanbsry, Attorney General David Dudley Field
- New York; Brcves Major General Gershom =, Mou
sx-Govsrnors Parker vroom and 0den, Of New Jersey
and several other prominent individuals.
Prospective Disability Not a Good Claim for
Pension.
The Secretary Of the Interior has decided In app
sason for Of penson where the disability for
which such increase s claimed Ia NOT at the time such
- would eBtte the claimant, although inevitably tend
ing thereto, cannot b allowed The Secretary says
when the disability which Ia based the claim for
increase Of pension is prospective IL does not come
within The lmits Of the law.
Receipts from Custsus.
ne receipts from customs d the principal ports Of the
United States for the week ending December 10, 1880,
ere Mfoiows-Boston s2ls.6sA; New York, S,l7e,l es
Philadelphia, $3.50 sss Baltimore, SCI 5l7 New Orleans
from December TO g. e2o2 7ls; San Francisco, from
November 10 70 II, sla47sa
Expected Discharge Of Department. Cierks.
About nifty additional clerks from the Treasury Depart
.ens and twenty ave from ihs Pos, once Department,
VIII soon be discharged owing TO the clause In the Civil
and Diplomatic Appropriation bill striking GU, the appro.
pons asked for by the Secretary Of the Treasury and
We Postmaster General
The Comptroller Of the Currency.
The Secretary OF the Treasury will recommend to tina
President the appointments Of Mr.. II. r. Huiburd, now
Acting Comptroller OF the Currency, for psrmanency.
Mr. Huburd has been In the ONCE from his Infancy and
No. ccn al q nosf
efncer
The sale old.
The rumors TO the eject that the government is selling
gold are true 70 certain ertont Mr. McCulloch is dis
posing Of small quantities for the purpose OF keeping ~
his balances; but beyond this he not supplying thu
market.
The Conformation Of General Dfx.
The confirmation OF General Dix Minister 10 France,
viii certainly take place At the next executive session OF
tho Senate.
Cabtnet Council.
Tho Cabinet meeting was attended by all the members
Ia Anar