New-York tribune., 1867-08-09


INTEREST NOTEs-PERsoNAL.
WASHINGTON, Aug. ?. fseL
There are no new developments to-day IA the
matter of the refusal of Mr. Stanton TO resign. Ii
is understood that the whole subject win be again
considered in Cabinet session tomorrow afternoon,
when that body is expected to definitely deter
mine for the President the Interpretation 81
the first section of the Tenure-of Office law viz:
whether or not it covers the OF Mr Stanton and
the other members of the Cabinet who were in oica
when Mr.. Johnson succeeded Mr. Lincoln. Ii it shall
be decided as expected that Mr.. Stanton not being
an appontee of NIr. JohnsOns, can therefore he
moved under the proyiso in the first section
OF the law, then the President VIII have
two modes Of procedure by which he can be relieved
Of Mr.. Stanton in the Cabinet, until the meeting Of
Congress, at all events 1t is the purpose Of the Pres
dent to adopt both modes supposed to be pointed out
in the law first removal, aud second Suspension
stated in my last nights dispatch. Mr. Johnson
proposes to dispose of the matter tomorrow next
day. 1t may be mentioned, also, that at the last
meeting of the Cabinet the members unanimously
approved the sentiments expressed by Senators
Sherman, Williams, and Howard in debate ON this
bil-that notwithstanding the terms of the Ist sec
tiOn, it would be the duty of member Of the Cabinet
to resign upon the slightest intimatOn from tie FIX
ecutve that such resignation was desired. promi-
nent Republicans here dissented from that opinion,
holding that resignation upon such grounds would
defeat the intent of the Civil Tenure bill
report prevailed to- day that the President had
sent to Secretary Stantona note saying he would in
future refuse TO recognize his official acts but this
rumor is entirely without foundation. The President
has addressed no communication to Mr.. Stanton
since that of Monday last.
It is now generally believed here that the threat
ened order of the President removing Sheridan has
been delayed not much account of the troubles
in the Cabinet as because Of the opposition of Gen.
Grant. II has been heretofore stated in these dis
patches that Grant had expressed the opinion that
there was no one in whom he placed greater confidence
than Sheridan and it is not only this ground alone,
but also because it would in hsjudgment be serlos
detriment TO the interests of the nation, TO bring
Hancock the most probable successor of Sheridan, II
removed, ON here. That officer is now in position
where liz Grants estimation, be should remain. Then
Thomas's aversion to take the place is well-known,
and it is believed Gen. Meade is also Of tie samd
mind.
President johnson, by invitation Of the Schutzen
Veren visited the Association this afternoon at the
Park accompanied by Coils. Moore and Morrow, and
Mr. Cushaw of the Presidents household. The Schut-
zen were drawn up in line at the gate and gave the
President formal and cordial reception. lie was
then escorted over the grounds to witness the varied
festivities. Thousands of spectators were present
According TO the previous pronise of the President
he induged in a few shots for the general prizes and
hit the bulrs-eye three times in succession splen-
did rifle having been placed at his service. He was
repeatedly cheered he passed over the ground and
was the recipient of numerous bouquets
The statement now going the rounds of the papers
TO the effect that the clerks of the Freedmens
Bureau have organized political club, and nomi-
mated Gen o. o. Howard for President OF the United
States, is wholly without foundation.
The workingmen and clerks of this District are
working energetically now with the hopes Of better
ing their condition. The first named class have
regular League or Association, which has appointed
delegates TO the Labor Congress to be held at Chi
cago and instructed them to vote in favor of having
the eight hour system go into effect on certain day
throughout all sections of the country. The clerks
in the different DEPARTMENTS have resolved TO open
cooperative stores, and for this purpose subscriptions
have already been made. -
The following letterof the Secretary the Treasury
sets forth in general terms how, and by whom com
pound interest notes are to be redeemed at Their
maturity: -
sR In reply 70 applications that have been OF may 10
made you Dy the National Banks which are deposta
public monies for authority 10 redeem iopound
interest notes at maturity, and charge the same 10 your
Notes have right claim payment thereof at any other
place than the Treasury OF the uneo sIates at % &
rety has authorized the Assistant Treasures az Boston,
New-lOrk, 0nd Philadelphia 10 pay lnest hottr WITH
presented for payment at their respective ohcCs lh
doing this the Secretary has done as much Tor nc ac-
Of the holders the interest ot tire Cow
enment the convenience Of the Department VIII per-
nit The National Deposit Banks cannot therefore, Le
authorized to redeem compounds and charge them Ia
''"- H MCCtLLocu, Sec'y OF the Treasury.
To f. T. Spinner esq, Treasurer OF the ChIfo St"eS
Washington, ID. Z. , .
Pursuant 10 the requirements of the Department,
the suboined rules have been adopted for the pIepa
ration and transmission of such notes Tor redemp'
tion when sent 10 the Treasury Department:
First Holders are required Ia remit such notes IN pack
ages separate from other notes OF SECURITIES, ad
dressed 10 the Treasury OF the United states -.
Second Express charges upon compound IteI'st hote
forwarded to the Treasury for redemption must ht PAM
by the party remittng hen and such charges 10
prepaid. - .,,S la ,,-.,o,o1 and sc,t
70 tbe Treasury specifying denominations dates, etefs
and Numbers contained in each remittance.
F,I. As a safeguard TO holders II Is suggeStd that
tba notes NAV be cancelled before forwarding them ny
nuncbng ont both signatures, care being necessary 10
love Il ties and numbers untouched by the puncf.
Ejn6. PAYMENT for these notes will be made hy checks
on the ASsistant Treasurers at New YORK, Pladtpha,
Boston san Francisco, and NewOrleans or ia currency
y express the OF the owners OF the notes as a
parties remitting may elect. =; T.; siNSih,
Treasurer Of the United states.
THEN AND NOW.