The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1867-12-02
NEW YORK SPECIALS.
Secretary McCullOch's RepOrt-FOr-
ger ArreSted-Number Of Voters
In New YOrk-A Heavy Failure, &c.

New YORK, November 30.-In the
various wards of the city, yesterday,
2,S87 voters were registered, which.
makes a total, with those registered
at the beginning of the month, of
10000.
VIM. H. Dodge, manufacturer of
chronometers at No. 1872 South Street,
was arrested. yesterday, charged with
forging the signature of William IL.
Webb for check for s., 500, payable
in gold.
The failure of the young and enter
prising firm of Sherwin & Co. is ac-
counted for on two theories. First,
it was caused by the fierce rivalry of
A. l.. Stewart, who sold goods for
lower prices than Messrs. SherWin &
Co. could buy them at. Another is,
that the three weeks delay in reftting
the old Maison Doree was fatal; the
goods they previously bought having
fallen so much in that time as to
cripple their resources at the start.
By the closing of the firm nearly 300
persons are thrown out of employ
ment.
Henry N. P. Meyer, for many years
cashier for Messrs G. G. Gunthef &
Sons, died suddenly on Thursday
night. *.
The Tribme's special says Secre-
tary McCulloch has finished his re-
port, and copies will be sent to-mor-
row to the principal newspapers. The
document, which is of considerable
length, refers to the reports of the
different Treasury Bureaus, drawing
from them facts and figures In sup
own report, and celebrating upon
them at length. McCulloch alIudes
to his earlier reports, going back to
the time of his nomination; also to
the reports of Secretaries Chandler
and Fessenden in support of his views
and of the policy of continuing to
contract at the rate of four millions
per month, as provided by law. He
shows there were months when be
could have contracted the above
amount, but refrained from doing so
because he did not think it necessary
or expedient. He takes strong ground
against expansion, which, to use his
own language, would be ruin, and
would lead to reputation"
The views of General Butler, Mr..
Stevens and others, are commented on,
and the tendency and results of the
different finance schemes, if carried
out, are enlarged upon and contrasted.
He interprets the law in reference to
the 5-20's as binding the country to
their payment In coin, principal and
interest, and believes that if the
policy looking to their redemption
In currency shall be adopted, the
effect will be disastrous. He states
that he has sufficient gold in
the treasury to meet the demand
on the Government and keep the
market in check. He gives his
reasons for not selling more gold
and endeavoring to bring resumption
in that way. The spectators would,
to morrow, buy up all the gold he
could offer, and then easily control
the market, and make the premium
higher than ever it has been. He
believes that the Tibuae's policy of
resumption would lead to an imme-
diate crash in business, which he
| hopes to avoid. He comments, at
length. on the Internal Revenue
Commissioner Report, and gives it
dS HIS OpIulOn I4dG II luC 1uGSI
Revenue Department and the Treas
ury had sole control of the system,
the taxes would be fully collected,
and an end put to fraud and corrup-
ton. The report has been read at a
Cabinet meeting, for the information
and guidance of Mr.. johnson, who
has some financial views to propose
In his forthcoming message.
New YORK, November 30.-The
Commercials Washington special of
the Both says: The Presidents mess
age is moderate and conciliatOry in
tone, but it argues that the Congress
ional plan of reconstruction is a fail
ure, and that the country pronounced
against ii at the Fall elections. Econ
omy, retrenchment and uniform taxa
ton, are recommended as means to
effect the restoration of specie pay
ment.
The Finance Committee will press
to a vote the Fessenden Bill limiting
the circulation of Northern Banks
and increasing it South.
Only fifty seven votes can be count
ed in the House in favor of impeach-
! ment.