Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1868-06-09
NEWS OF TIE DAY.
so show the veay age and body of the Times"

10 shou the veay age and body OF the Times.
The Governor Of New Y ork has signed bill
authorizing the formation of Pneumatic Dis
patch Company in New York city tor the trans
mission of letters and light merchandise The
method of propulsion is very simple. Ahollow
tube is laid, car which exactly fits the bore is
placed at one end, and the air is then exhaus-
ted from the opposite end Of the tube, when
the atmospheric pressure on the car forces it
through the tube. The first line will be con-
structed Immediately, and if successful, similar
lines will be built to all parts of New York and
Brooklyn.
g. H. Rollins, Commissioners of Internal
Revenue, yesterday sent his resignation to the
Secretary of the Treasury, to take effect on the
confirmation of his successor. Mr.. Rollins
gives as a reason for resigning, that owing to
the conflict between the President and Congress
In regard to the appointment of revenue Off
GERS, he is unable to properly collect the reve-
nue., and that his health has been impaired by
close application to the duties fhis office.
Gen. Buchanan yesterday ordered the arrest
of several additional members of the Louisiana
Board of Registration for their having de-
nounced his arrest of the President of the
Board, Mr.. Packard, on Saturday last. They
were all subsequently, released in consequence
of dispatch from Gen. Grant
In the county elections of South Carolina the
Radicals have been generally successful, but
with reduced majorities. Many counties in the
interior, which gave. Radical majorities in
April, have gone Democratic, and it is thought
hundreds of negroes must have voted the Dem
ocratic ticket, while many did not vote at all.
The Democratic State Convention, in Balti-
moro, Wednesday, elected the delegates to the
National Democratic Convention. The dele
gates were not instructed as to the candidate
for President. They are said to be equally d.
vided 10 their preferences between Pendleton
and Hancock for the Presidency. .s.~
The West Virginia Legislature is IN session.
The Radicals in caucus had up Van Wrinkle $
case His friends stood by him, and the RAIDS
backed out. t". .'Ih p :>.'',
Chesapeake az Ohio Canal Company.
The annual meeting of the stockholders of
thc Chesapeake and Ohio Canal Company was
held yesterday. The chief stakeholder, the
State of Maryland, which owns about two thirds
Of the stock, was represented. The other stock
holders-the State of Virginia, the United
States and the corporations Of Washington,
Georgetown and Alexandria no represen-
tatives in the meeting. Gov. Swami was chosen
to preside MI. Spates, President Of the COM
pany, presented the tortieth annual report,
from which it appears that there was moder-
ate increase Of business for the year ending De-
cember 81, 1867, and the prospects tor the cur
rent year are encouraging The revenue Tor
the year amounted to 1885. 034. S3-an excess
over the previous year OF SIS. 1871. Tho to-
tai expense for the same time, exclusive OF IN
terest and balance on loans of 1857, was S246,
$780, 90, showing all excess of receipts over ex-
penditures of $l3S,379S7 From this fund
there has been paid, on interest account, SIG
l74 05, and to repay loans of 1857 the sum of
$4,000. The severity and long duration OF
the past winter prevented all the repairs and
Improvements contemplated being made within
proper time, but much was done in the way
of repairing lock gates and water weirs, and in
preparing material for use when the weather
! would permit. The opening Of navigation. was
delayed few days in order to remove from the
bed of the canal deposits of years accumula-
ton and which, at some points, had become
serious Instructions TO free avigation. The
original depth having been restored, navigation
was reopened on the lst of April. 1t is believed
that the heavy outlay caused by the work
above referred to was fully justified by the in
creased facilities afforded tor transportation
From facts laid before the Board of Directors
in April last as to the depressed condition OF
the coal trade by canal, the company were con-
strained to reduce the tolls on coal to one quar-
ter of one per ct per ton per mile so as to en-
able it to retain this valuable trade and chief
source of revenue, and the Board believe thai,
from the coal shipped on the canal, as shown
by returns for April and May Of the present
year, they are fully justified in their action on
this question. All the floating debt Of the COM
pany, except $4,000 which may be considered
as substantially extinguished, has been paid,
and the future surplus revenues, after provld-
ing Tor the proper maintenance and improve
ment of the work, will be applicable to the pay
ment of interest on bonds issued under the sew
ersl acts of the General Assembly according to
legal priority The interest in arrear and due
on these obligations to the lst of January, 1868,
is 81, 953, 1923. The report was accepted.
The election for President and six Directors,
to serve until the lst Monday in June, 1869.
was then proceeded with. The election resulted
in the choice of Mr. Spates as President; to-
rether With Messrs. Murray, Stake, Thomas,
Bouic, Pickrell and Cotton, as Directors. .
Upon motion of Mr.. Fowler, a resolution was
adopted requesting the Board of Directors TO
move the office of Treasurer and Secretary OF
the Company to Annapolis Bolt. Gazette.
as.ao we Congress. aEl.5 eds j. "
In the Senate yesterday the bill for the ad-