The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1868-07-11
Mr.. Trumbulrs Substitute for tie
Redemption Of Compound
Interest Notes.
Debate in tie House on the Bill for
the Reduction of the Army.
Distribv ton of the Reward to the Cap.
tors Of JEFF Davis.
WASH NoToN, June 10, 1858.
The Democratic Nominations.

less ly biased must admit tAat the prevailing impress
sio is inevitable defeat for the party. All here
ce DE to Seymour the his hest ability but declare that
h is unfortunate record during the rebellion must
uin his chances OF soccess In the Presidential con.
test. There is some 'lk OF strong effort to induce
Seymour TO decline, even at this late period, and
allow Chase or some other candidate who
would give horb of success to be substi-
tuted on the ticket with Blair. IT is argued
thatff all the conservative papers which secretly
OPPOSE SeymourS nomination through patriotic and
no personal IN olives would urge him to withdraw
he fmight yet be, induced to quit the field and give his
fArty support to Chase On the other hand, 1t s
eyed that it is too late for such movement and
MAT If 1t were not Mr.. Chase would not be sure
sof the nomination by Seymours withdrawal.
Some of the enthusiastic Chase men even
advocate convention Of conservative repub-
.Bcans and moderate democrats and nomination Of
the Chief Justice anyhow. They say that such
step would force the Albany Regency to adopt Chase
even yet and that thus the republic could be saved
sfrom four years more OF radical rule and msgovern-
ment. The chief difficulty in the way OF this plan
is the getting together of the Convention again to
arrange new nomination This could be obviated
by an address from the National Committee, sane
toned by Seymour, representing that the popular
demand seemed to be for some stronger candidate.
The National Committee could then assume the re-
Gus state Conventions TO assemble and ratfy the
new nominee of the democracy
Report Of the Senate Committee on Commerce.
The Senate Committee Commerce, through Mr.
Morgan, made to-day report upon the draft OF
section prepared by the Secretary of the Treasury
for incorporation into OF the fiscal bills, together
with "A communication from the Secretary recon-
mcudas the repeal OF all acts and parts Of acts
which authorize the abatement, reduction or
return Of duties the amount OF damages occurring
10 merchandise during the voyage or from injury or
destruction by fire other cause after reaching
port ana which are yet in the custody OF customs
officers The committee say they have examined
with certain customs statistics OF the port
OF New York, as those upon the whole afford the
most satisfactory data, with view of reaching
correct conclusion on this subject From
these it appears that there received
FOR duties in the district of New York during the
year 1867 the OF STA 1885, $50, and that the ag
gregate allowance for damages to merchandise at
that port during the same period so7S, 2e4,
allowance Of less than sixty cents in the
one hundred dollars OF duties paid. The CON-
mttee believe that this percentage Is too
small to tempt importers Systematically TO de-
fraud the government; they also believe that
allowances for damages on imported merchandise
Will in the main be found to be JUST there may be-
and doubtless are, exceptional cases OF imposons,
confined generally however, TO certain articles or
classes but these cannot impair the rightfuness Of
honest claims though they may well incte to strcter
scrutiny on the part Of customs officers An amend
ment similar in tenor TO the rule observed by marine
insurance companies. which limits allowance to
cases where the damages exceed I've or seven per
centum, might with advantage be made TO
existing laws. This would discourage frivolous
claims Itwoud appear from the abstracts furnished
by the Secretary OF the Treasury that the percentage
of allowances for damages larger At the other ports
named by him-Philadelpha and Boston-than
AT New York: but this Is fault not OF the law,
bat OF its administration. The committee OF
opinion that the proposed section should not be In
corporated into the law.
senator Shermnn's Funding Bill.
Senator sherman Is very sanguine about the sue
OF his Funding bill, but IT Is the general opinion
among senators and members that II cannot pass at
tins session II will give rise TO considerable discus
sou IN the Senate and Will meet with much oppo-
stion IN the House. AT this stage OF the session
members are ayerse 10 considering financial
measures. and the general spirit TO adjourn win
defeat many similar projects now pending.
The Frcedmen's bureau Bill n Law.
The bill to continue the Freedmens Bureau has
become law without the Presidents signature, the
constitutional limit Of ten days having expired.
Minister johnson aud the Alabama Claims.
Reyerdy Johnson, the new Minister TO Eng
land, has received his instructions from the
State department and will leave New York in
the next steamer. In the matter Of the Alabama
claims 1t is understood that Minister Johnson is In
struccd TO make ood stand and insist upon
speedy settlement.
Nominations by the President.
The Precedent to-day nominated TO the Senate
James Shelly to be Agent for the Flathead Indians
and Henry D. hancock to be Agent for the Indians
OF the Grand Ronde Agency, oregon.
Military Appointment by the President.
The President has appointed Lieutenant Colonel
Gouverneur Carr colonel by breyet "for gollantry
AT Sabine Cross Roads, La, April s, lsean
Colonel Carr commanded the one Hundred and
Sixiy.nfh Volunteer Second Duryee's Zouayes
battalion aud was severely wounded at the siege OF
Port Hudson and the Sabine Cross Roads, the FIRST
hght Of the disastrous Red river campaign.
when Congress VIII Adjourn.
II is the general opinion among Senators and mem.
That soon as the delegations from North and
South Carolina, Georgia, Alabama and Louisiana
have arrived here and been admitted Congress will
adjourn. The disposition Is not to adjourn until all
those States are admitted.
Public Lands Disposed of In California;.
The local land ONCE at Stockton Cal, reports TO
Il General Land once disposal of 1921 o acres OF
Oh public lands during the month Of May last. The
Gas D sales yielded s5O.Ss0.
Promotion OF an Old Army Omcer.
CO. 'onei Isaac w. d. Reeves OF the Thirteenth
Emitted Estates infantry, has been promoted by order
nj the resident OF the United States to be brgadier
general ny brevet. lie is at present in command Of
the sun liver District, Montana Territory. Colonel
Reeyes IL a Nvery old army Officer.
navy Bulletin.
chief Eno,r eer John s. Albert has been detached
from 6utv az \ ew York and ordered TO the powha
tan and 70 do Vty as neet engineer Of the south
Pacific squadron and Chief Engineer william ].
ama,pe has been detached from the powhaiaB and
ordered 10 New ! ork. First Assistant Engineer |
James Butterworth - been detached from the naval
a,a,,on ~ Mound Cit, Ill., and ordered to the Da.
co,ab p,rst Assistant Engineer J. w. DeKroft has |
val siaIinn ~ Nnnnd Cl.r