The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-02-22
WASHINGTON
The Bin to Fund tie Compound Interest
Notes Rejesied in the House.
Ono Hundred Rillion Dollars in Gfcenbarks 10
he Issued 10 Redeem Them.
PROGRES: ON THE TAX BILL.
g., no We.
WASHINGTON, Feb. II, 1867.
The decentralization Bill.

WASHINGTON, Feb. II, 1857
The RrconstrucIion Bill.
Tho uncertainty thai has existed relative 70 the prooa-
BILE action OF President the recently enacted re-
construction measure meets with no solution In the
ramors and opnons that constitute to-day the monopo
Tang subject OF speculation In snbsantiaton OF the
hugely opinion that the President about 10
make pesee with his by signing the bill, OF
the Presidents household heard 70 say that such
disposition would be made Of IL by Mr.. Johnson who
win assign a. therefor the consdera-
t,ops that Reverdv Johnson alleged Induced
hnn 70 vote Tor the measure In the Senate There
many however who assert thai the President has
the position that any denial OF the right OF speedy
representation the Southern States any legislation
by Congress Affecting the suffrage OF States is
OF the constitution he cannot consistently with
his oath of Office, approve the bill Many prominent
feDator and members believe that the President viii
veto the bill in for Congress to make II law by
swothrds VOTE Much anxiety felt by those who are
DESTROYS Of settlement Of the question, il is
believed that consideration OF the fresh clements OF
opposition tha. will enter into the composition of the
Congress les favorable viii be obtained for
the south.
The Honse Democracy and the Senate Sub
stitntc gor the Stevens Bill.
distinCu she'd democratic Senator, who is frequently
supposed 70 represent the views OF the President, de-
in the strongest the action OF the demo
Gratis Of the House joining the extreme radicals 10
defeat the Senate substitute for The stevens bill. Ho
says they acted like FOOLS either without Judgment or
without conscience and that action since the FIRST
day Of the presen. Congress such TO sfng
Odim upon their party and destroy their own influence
with the people; thai If they had .aken the proper
course, and the substitute -" peeh "uop'eo' IFS ms
belief the President I'D have approved il, and before
aro,har winter -sersl OF The Southern States would
Nave been ba. in the Union under provisions and
thai reconstruction peace and national prosperity
would ave followed There other distinguished out
asdcs civansl however, who deny that President
void approve tbc substitute. and their positive
knowledge on that point. They he is preparing 10
spread himself by veto. IL is charged that Senator
Fessenden was The occasion Of the
the House. that be sent over word TO concur and
committee OF conference would be appointed. Upon
This being done, however there Senators
favor Of such committee There bitter feeling
among the republican Senators against that senator for
ths ACT Of presumption, h called, and is asserted
That he has lost Influence greatly by it, than
b recovered in years Il likely that those who feel
shos DO not appreciate Mr. Fessendens motive and that
- acted as friend Of the bill Fearing that II would be
delayed and fought or for all sorts Of explanations be
may have desired TO prevent that by getting il al once
into the hands OF conference committee whose report
would have bound the House. This would have reduced
The danger understood. Another Senator Western
republican, declares the President "had better approve
the substitute That " he does not do the tide OF
pablo opinion viii certainly consign him 10 private lie
before The expiration or the Presidential term.
Rcdcmpiien of Compound Inseress Mates.
Mr. Hoopers bill from the Committee OF Ways and
Means, reported in obedience q resolution or the
House few days ago, TO provide ways and for
a.
she further contraction OF the currency The present
year, The subject Of debate House
to-day, and caused considerable ospay OF parliament.
airy tsctics The bill comprised sectons The first
substantially the Loan Certificate bill o. The Senate,
with the rate Of Interest altered % instead OF three
~ cent and the second prohibited the Secretary Of the
treasury from retiring csncelng United States
lsrins the present year. Mr. stevens proposed an
amendment 10 the FIRST section OF this BILL which pro
rides .that the Secretary OF the Treasury IL hereby
uthor1zed and directed redeem the compound interest
,Ctcs, with The accrued interest thereon, and TO
therefor United states legal tender notes. provided
Aat the issue shall not exceed The OF hun.
he'd million dollars when !, carried by large
Majority The bill Tins amended then voted down
md then commenced the enor the substance Of
De Stevens amendment BY moving reconsideration Of
As vote and making motion 10 commit the bill 70 the
Committee on Banking and Currency, Mr. Randall snc-
'seAed IN having the ball reported back 10 the House
vth the second section stricken out this shape
he bill parsed by vote Of % 10 o. BY analysis Of
he vote Il appears that the members fr"m the West
md Northwest generally IN favor of the United
Batss legal tender notes. while those from the Eastern
Middle States seemed favor the loan certificates
The Conversion at Scv~r-Thirti~s.
d sAsd the. Secretary k,culloch viii shortly i-sue
c,Ssuar notifying the pobiic that the departments
vssdy V and into avetwenty bonds the
ssvsn-thirty bonds ued under the August 1864
~ dse neat August and also ray ,he interest," theron
Ak 10 done 10 order that The hobds nsy he received and
converted daily, and ali be presented al the same
slime when due 1
The Baskrsps NM.
ne Bankrupt blu " In the hands Of . committee
- ssussrsnos. appointed today and sha probably
ness s0shing more from 70 for days
Priye ssne,.
M Fourth Auditor of the treasury has commenced |
uysnG 10 The ngnal cGcsr Of The nees under Admiral
Uvagus engaged In the action ~ Mobile their share Of
- prise money, pursuance OF the act Of Con-
rsA Payment made today to the nnt claimant
.sSss Ne new law.
- Claims Ger bach Paw for OM~ers' ser-
n number Of claims for bach pay for ofhcsm'
vasss are multiplying rapidly in the pigeon holes Of
ne ny department and the prospecs Of dong anything
pw We claimants very remote, that the Paynsster
asusrai to-day issued the following circulas:-
me action OF the Court OF Claims IN allowing diner
IN pay ofosu Tor thar authorized servants be-
lvssu Nay I, 1854, and March 3, 1885, m not nnal
Bhcsd b decided that the department. 70 70 act on
Ihh saas ef claims the public viii be ADVISED snr0ugh
Ne psswa TIL then no claim will b entertained
n understood shss resolution has bssn prepared
~ ~ wilson, Chairman Of The senate Committee on
Military AaArs declaring that the construction Of the
Lao made by the second Comptroller OF the Treasury Is
sssss according 70 The intention &C the law The ques
Hon ho~sves only he decided by the United States
Sspreme Court
John III. surratt.
fhs prisoner John q surrau h confined during The |
s'fns one Of three csls opening = corridor about
se long, m which during good portion Of
ne Day be pssee back and FORTH He seems 10 Do in a..
sssst health, SLEEPS and eats hearty but spesks
19sIs and then only 10 regard Ia IA. ,s,s,r., n