The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1868-04-26

cent on tne nrst hfty millions. and fve-eighths
OF one per cent on the next fifty millions It was
UNDERSTOOD however, that this increase of commission
was not TO enure to the benefit of Mr.. Cooke mas
Others the same rates Of commissions that had been
allowed 10 them and TO pay all the expenses of ne
gotatng the notes. This arrangement was CON
tinued on larger scale by the present Secretary
IL viii be noticed by the schedules OF
sales OF seven.thirty notes that the commissions
paid to some subscribers were higher than those
paid to Others. The explanation OF this fact is that
In order to induce large subscriptions one-haf of
one per cent was allowed by the department as well
by Mr.. Cooke to those subscribing for a. 900 600
and upwards and from one-eighth 10 three-eighths
tons It is not too much to say that the popular
izing and successful negotiation OF the loan,
as well as that OF the hve.twenty loan, saved the
Cookies agency for the sale OF government securities
terminated the sales, when not made by the Assist
by him in special cases. been conducted through
the agency OF the FIRST National Bank OF Washington.
The sales OF gold have been made through the agen-
and under his direction Messrs. p. M. Meyers a. Co:
have for nearly three years past been the principal
agents. but other persons or firms have been 0cca-
sionally employed.
The Weekly Currency Statement.
The amount Of fractional currency issued during
the week was $407, 900.
The amount shipped during the week was as fol-
lows
TO Assistant Treasurer at New York. 5000 900
To Assistant Treasurer at Philadelphia. :. 300 900
United States Depository at Buffalo ,, $4,000
United States Depository at Pttsburg ....... 10000
National Banks and Others 1490ss
Total. ACKNOWLEDGEMENTS. so44 Oss
The following is statement Of securities held by
the Treasurer Of the United States In trust for ma
tonal banks at this date:-
For circulating notes .$341 913 400
For public deposits ACKNOWLEDGEMENTS. 3s,277,950
Total. $780, 1e1 $50
The amount of national bank currency is
Total to date. 30T,413, 231
From this Is to be deducted the following
AMOUNT
Mutilated bills returned. :........ $7,Osa427
Notes Of insolvent banks redeemed and
destroyed by United States Treasurer 522,2O4
Leaving in actual circulation s9,797,eOO
The amount OF fractional currency re-
deemed and destroyed during the week
was. NEUTRALITY-SUSPICIOUS.. ........ ,4OO
Preparations for the Chicago Presidential
Convention.
Governor Marcus L. Ward, Of New Jersey, chair
man OF the national Republican Executive Commit
tee Is In this city making preparations for the
forthcoming Convention at Chicago on the 10th Of
next month. Nothing, however, has as yet been
definitely determined upon The principal feature of
these preparations is to have some understanding
with the railroad companies in relation to the trans
portatOn Of delegates representatives of the press
and public bodies expected to be in attendance.
The Frigate Sabine and the Connecticut
Election.
The Secretary Of the Navy in reply to a resolu-
ton OF the House, says:-"Had the Department
ordered the Sabine to leave New London day or
two preceding the election when no special necessity
required it, injustice might have been done
to some OF the men and the department
been subject to censure, for there are some men on
the Sabine who are voters and who would have been
deprived of their vote or put to considerable expense
to return II the vessel had left before the 9th instant
In further response he says that correspondence
has passed between the Navy Department and Hon.
Frederick L. Allen and Hon. James Dixon, the DEM
ocratc town committee of New London, or any other
person or persons In regard to this subject. The
Secretary also presents the economical view Of the
question, and concludes by saying that the Sabine
has not yet been ordered out Of commission as repre-
scented in the preamble to the resolution, although
she soon will be, and the men and apprentices be
transferred to other vessels.
House of Representatives.
Several executive communications were presented
| by the Speaker. The members then attended the
| impeachment trial. No other business was done.
Arrival OF General ROsseau.
General Rosseau arrived here this morning direct
| from the Pacific coast In obedience 10 subpoena as
witness for the President on the impeachment
trial.
| Captain J. 9. Wharton, Fourteenth United States
Infantry has been ordered by General Grant to re-
port to Major General W: 8. Hancock for duty on
his staff.
General Sherman's Testimony In the Impeach.
ment Trial.
washington correspondence April 19 OF the Chicago
Times demOcraticl
The pressure (of radical Governors, &c.,) has had
its effect, and several senators have been compelled
to yield thereto. On Friday night sort OF caucus
was held, and it was resolved that the majority
should stake the bit In its mouth" and exclude any
further evidence relied by the defence to show the
intent Of the President. many OF the radical Sena-
directly opposite to the way in which they had
voted from the commencement were to so vote,
and those who still desire to keep up show
OF appearing to be In favor OF the admission Of
testimony were to be allowed to "dodge.n Among
the dodgers" yesterday you will lind Morton,
Sumner and Conkling. The two latter sat In their
seats but did not vote every time. In fact Sumner
lodged every vote. The former stad away. Now,
Morton the Senator who very fOrcbly protested
against the exclusion OF General Sherman's testi-
mOny. He declared to his brother radicals that the
republicans Of his State would not dare 90 to the
people II that testimony was excluded, and 1t was
partly owing 10 his earnest protestations that
General Sherman's testimony was admitted the
next day, by the reversal by the Senate Of its
former decision. But the other radical Sena-
tors responded that II the testimony were admitted
the against the President had nothing to stand
upon. And 80 the Senators found themselves placed
In dilemma II they excluded Sherman's testimony
the people would rise up against them. II they I'D.
mitted IL the President ought in justice to be
quilted. so they compromised the difficulty by
agreeing to let In as little OF 1t as possible But even
this little that admitted alarmed the radicals In
various parts OF che country. Hence the visit OF
leading here to urge on the Senate the necessity
OF cutting short the trial by excluding any further
testimony that would help the Presidents case.
THE STANWIX HALL TRAGEDY.