The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-09-28
WASHINGTON.
WARRINGTON. Sept. 81, 1867, (,
III O'CLOCK Z. N.
Resump,. 'sa Of Specie Paym.n,.

WARRINGTON. Sept q, 1861, !
IL O'CLOCK r. NJ
Resunsps.e on OF Specie Payments.
pl.n - been tram ittsd to the Secretary Of the
Treasury which understood meets the approval Of
bankers and financial m>a who have cSsferrsd On the
subject in New York, BY ms.sns Of which II win 80
practicable to accomplish tho following important OBJ
jeets II will be practicable to specie payments
IN nve years. retire all the national bsuk currency notes
within ninety days. substitute greenbacks the sole
currency OF the country give and tho West
ninety millions increased bank circulation (greenbacKs
and reduce the coin interes. debt three hundred MIL
ions and al In manner satisfactory 10 the banking
and financial Interests Of all sections
Newspaper Correspondents Excluded from
the Treasury Department.
Tho Secretary OF the Treasury issued an order TO- day
prohibiting representatives Of she press from obtaining
news from bis department. except may be fur
nished BY himself or such heads OF he may
designate Newspaper correspondents also prohibited
from making their appearance any room OF the de-
psrtment except upon bus moss connected with the
Treasury. The osensibe given BY tho Secretary
for this embargo upon Treasury department news
Is the publication In Boston paper which has become
famous Of late for gross cdnord In s Washington
umn Of statement to the effect that Mr. hcCulloch's
currency funds wore short. and that to the dim
gold upon the market Tho Secretary prououpces the
whole story false. He received numerous kilograms
yesterday and to-day from national bank officers and
prominent brokers' inqurng about the proposed sales
gold and the rumored scarcity OF currency. On
count he has seen proper u issue hrs indiscrmnae
der against newspaper correspondents
In this connection It may well DO slated that tho
fact has recently - light OF parties the Treas.
ury Department who have to important informa-
tion OF the movements Of the Secretary likely effect
the gold and money markets communicating to parties
In New York. Philade phis aud Boston, In advance for
merceuary considerations These leaks the cretary pro-
poses to stop as fast rs they are discovered.
The Farmers' and Citizens National Bank of
BrOOklym.
II now appears that the Farmers and Citizsns Ma
tionai Bank Of Brooklyn was seized under msappre-
hension OF facts II was supposed that II had wholly
neglected for thirty days ~ lake good lawful money
reserve whereas more careful examination shows that
such not the case. Tho department has decided
thai any mo during the III ry days after notice this
reserve made good The seizure was null aud void
The parties hero 10 behalf OF the bank have sworn
statements showing that the reserve was mado good
within that tune, and Tomorrow these statements
be lad before the Secretary Of the Treasury and do.
cison is 70 DO theu had The bank Is said 10 per.
fectIy solvent Notwithstanding the many rumors to tho
contrary. Every creditor will be paid and the stock.
holders will have $500 600 left provided they arc
allo ,ed TO manage thor own proparty
Extensive Internal Revenue Frauds In tho
West and Southwest.
special revenue inspector who has Just returned TO
make his report 10 Commissioner Rollins aiter six
months tour through the West aad South vest repro
sonts the frauds upon the tho tobacco bust
scarcely interior In extent asd snormty the
whiskey frauds His attention directed to the TO-
bacco trade exclusively, aud no that 10 the brief
time he been away no has discovered frauds 10 the
extent OF half million OF dollars These we're mostly
brought to light In st. Louis Cine nnati. LOUISVILLE
Cairo and Memphia The stencil marks used by the
tobacco inspectors OF the several districts are
freely countsreited and used Tho tobacco thus marked
Is Of district and sold elsewhere thus es.
Gaping tho attention Of the regular Inspectors.
The Trial Of jeff Davis.
Judge Underwood and L. q. Chandler, United States
District Attorney for Virginia, here in consultation
With the Attorney General relative to the trial Of JEFF
Davis In November. Mr.. Chandler who is the prose-
cutting officer in the case, WILL understood be gov
erned in his action entirely by the advice OF Mr. STAN
berry. Judge Understood aud Mr. chandler are both Of
opinion that sufficient testimony Be pr duced to
convict Davs provided the case 10 alosod take the
regular course. without any interference upon the part
Of the authorities here. The friends OF DAVIS including
his boudsmen, that he will put appearance
at court when wanied and that no not only wiling
but anxious tcgo through regular trial the indic.
msnt against him. Mr.. Chandler has yet received no
definite instructions the being still under considera-
ton.
The virginia Election.
Preparations for the vrgin election, which takes
place the 22d Of November, going quietly for
ward Prominent radicals from that state assert tina,
out Of the hundred and Eve delegates TO be elected
70 the Convention they will have at least SIXTY
IL 10 thought that the negroes In many
OF The counsry districts will either vote with
their whi,s employers or fail to participate
in the election. In the estimate given above the
radicals say they have made due allowance for such
contingency. The republicans. through their Union
league organ,saons xssously ct work in Ill the
towns and wherever they penetrate into the coun.
try dstricta The democrats Tho other hand are
struck with strange apathy and doing very little
Tho largest OF the three Union Leagues In Richmond
Va with sixteen delegates will present the names
Of Major John H. Hudson. Dr. c. 8. Mills j. NJ Hum.
phrsys VIM Q. Mansfield and Huunicuu TO the con-
vsuton the llsh Of October a. candidates for the
constitutional convention from Richmond, Va Major
Hudson 10 for the Richmond District and J. n
Humphreys 10 collector Of cussomA Hunnicutrs name
IL thrown In TO catch the negro vote.
Tho Treatmens Of Union Prisoners By the
Rebels.
Hon. J. p @. shsnks chairman Of the Conversational
committee on the Treatment OF Union Prsonsrs LETT
for Richmond to-day While there he will take such
evidences be obtained relative to the treatment or
Union prisoners who were confined In Libby Belle Isle
Castle Thunder, and other prisons used By the rebels