Evening star. [volume] (Washington, D.C.) 1854-1972, 1868-12-07

Report of the Comptroller of the Currency.
The report OF Hon. Ii. II. Hulburd, Comp
troller OF the Currency, Contains much iDfor-
nation relative 10 National Banks and the
| finances.
| Under TIE head Of specie payments the Comp
| troller says The subject Of specie payments
naturally comes mp whenever the currency
question is discussed, and much ingenuity has
been exercised in deyising plans for an early
resumption. The principal obstacle 10 specie
payments may be found in the statement OF the
public debt of the United States for the ist Of
| October. 1s6s, under the head of debt hearing
| no interest," as fellows: United States notes,
S35s,t2l,U93; fractional currency. S3a.gSl6IfI7:
| making together S3SS, ,a5i, ,6ss.l7 of Government
notes circulating as money and designed 20 take
| the place Of gold and silver by being made
legal tender for all debts, public and private,
| except duties on imports and interest on the
bonded debt. As long As the people prefer an
| inferior currency-interlor because irredeema-
| bic and Inconvertable except ~ heavy DIS
| count-they VIII have il 10 the entIre exclusion
| OF ofpreCious metals. Whenever the people con-
clude that IL is more economical 10 coudust toe
business Of the country on a specie basis they
can obtain specie payments by making proyls-
ion through their Representatives in Congress
for the payment or withdrawal of the present
deprecated paper currency, issued and kept IN
circulation by the Government; aud whenever
the people wish 10 restore the credit of the na-
ton they can do II through their Representa-
uvss IN Congress by removing the only EN-
barrassment that stands in the way, by direct.
ing that provision shall be made for the pay
ment OF floating indebtedness amounting TO
s5cO'otO,UOU, consisting Of promises 10 pay that
are never paid, and so establish the fact that
the United States is a solvent debtor, able and
willing 10 pay every debt as it becomes due.
Specie payments ana the restoration of public
credit are within the reach and depend upon
the will of the people of the United States"
The report closes with aIluslon to free
banking, which we copy entire: Whenever
Congress shall inaugurate measures looking 20
the eappreciation of United States notes TO a gold
STANDARD, the erect of such measures will
probably be TO diminish the volume of such
notes In circulation. To what extent the re-
dnetion would have TO be carried in order TO
place them permanently on a specie basis
would at present be mere matter Of specula-
uon doubtless large amount might be
carried, with profit 10 the Government and
with benefit 70 the public, as soon as the effect
OF such measures becomes apparent, by the
gradual approach OF legal tender notes 10 a par
with gold. The restrictions imposed upon the
issue OF circulating notes by national bank.
may oe safely removed, provided the estab-
hshment OF central redeeming agency in the
city OF New York, AT which all national bank
notes are redeemable at par, shall be required
by Law. Any inconvenience resulting from
Irouctlon OF legal tenders may thus oe reme-
died, and the remedy will be in the hands OF
tne only competent judge of the necessities OF
the case, the business public of the United
States.
THH NEW ORLEANS RaCEs-The first race
OF the fourth day of the Metsirie races, in New
orleans Saturday, was a mile dash, all ages
TOR purse Of $3.50. Ii was won by Bette Bay
IN SIS Jack Gamble and Gilroy second and
third.
The second race was a sweepstakes for three
year olds, two mile heats: entrance. sl5. There
were nine entries. The p. T.. Cinb gave So,
Snndown walked over the course.
The third race was for a purse of a. o: two
mile heats. Neligans bay colt, by DanI Boone
dlstanced Chemisette aad Bouita m the first
heat Time, i:I0H. The track was very heavy
and sticky. In this race Chemisette broke her
TIE ELECTORAL vorE OF @ GeoRGIA.-rhe
electors of the State of Georgia did not meet
and cast the vote of the State on Wedne
last, as they intended, because of the following
language In the commission issued by the Cow
ernoI: You are therefore required to attend
at the capitol, in Atlanta, on the frs. Monday
In December, to cast the vote of the State OF
Georgia Tor President and Vice President OF
at IL O'Clock noon." To-day being the first
Monday in December the electors WILL there.
fore, cast their vote on Wednesday next
@Friday night Fitchburg freight train
near tnat place became DISCONNECTED and the
engine stopped. The detached cars cOIIided
win TWO OF those ahead, smashing a tank car
which was filled with oil. The shock broke a
lantern in the hands of Joseph HOBBS, cover
ing him with oil, which ignited, and he was
burned 10 death. The tanks exploded with a
terrific conclusion, throwing the debris OF the
car all around. No other person was hurt
dred and fifty miles sou IN from ) ait Lake City
reports that the Navajoe Indians have com
menced depredatlons on The Rio Virgin, IN
Colorado. They had ALREADY carried on a large
humber Of horses. The citizens, aided nv
friendly Indians, pursued them, recaptpred
twenty horse and KILLED two Nayaloes
1Burglars in Nashville are experts in the
mlnistering Of chloroform They rsnsacked
room after room of DIR. Ewes fine residence
fortnight since, covering the faces of success
I've sIumberers with handk rchIefs saturated
win the anesthetic, and then wrapping their
neads IN the bed clothes, SO that they barely
escaped sun f)catIon.
- Madame Parepa- Rosa has taken up her
pen IN vinoicaiion of theaters and actors
against the action Of the Chicago Ministerial
Association. She makes an in genious defence
SThe Boston School Committee heard
arguments on Thursday evening for the pro
posed merging Of the EUglish High and Latin
SCHOOLS OF that city into ins stituto on of higher
class, TO be called Boston Public College
- among the passengers by the steamer
Iowa, for liverpool, from New York on Satur
day, are the Siamese Twins.
Miss Fannie Price, daughter of General
Sterling Price, and Belle Boyd are about 70
MI engagements al the Galveston theatre
The rivers and canals in the vicinity o,
OttaWa and Montreal are frozen up IL
~Paris has invented m usical chairs which
begin 10 play when one sits down
OsT-Lcst, on 18th street, betseen n street and
II Pennsy lvsnla avenue; or on Penn.yIysnis
avenue, between 9th and 18th street1 a GOI.D
wAIOh OhA AIN: The finder will be arded by |