Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1868-11-09
WASHINGTON.

WAsurSsfoH, New. 7.-Althsugh the
Secretary Of the Treasury believes he has
power 70 reissue notes redeemed bit not
cancelled, Il 10 not determined what he will
do, ~ this will depend on circumstances.
and according TO wha. 10 believed here, Of
an improved condition Of the market. II
may ast become necessary t. resort % that
measure u ordos % adeed relief.
0scsetarv noCulleoh hes confirmed The
nsuisatien Of Charlss 0sAgss - Suasfvi,
vor for The Nerebs-s District 81 On's' ana
hs wss te-dsy appeisssd:
Brsvst Mejsr 0sasssl >. >. CarrslIs ~
direcsion Of tie Secretary Of War, 10 or
dsred - report . 0seersl hsneeck. con.
nssding the military division sf the Allan
tie.
General Kilpssrisk paid HE respects 70
Prssidsat Jehason today. General Candy
also had IN interview.
Tsissrams have bssa sent 10 New Y ,rk
10 the effect that the Secretary Of the
Treasury bad decided that he has right -
reissue forty -four millien oil legal tenders,
making . maximum eircu alton Of fosr
hundred millions, which had . magic in-
9nsncs On Wall street THE fersooos, and
gloon and dssposdsacy gave ~sy to cheer
tulnsss and buoyancy. There Vas sharp
rebound in the values from the sxtsms lev
| prices Of yesterday, and there was great
rush to buy. Upon inquiry ct The sab
Treasury II VAS learned that Mr.. McCul>
loch has written . letter to Mr.. Van Dyck.
| in which he regrets the money pressure.
but has 20 desire to interfere between the
peculators in Wall street, but 10 the event
>rA,u~ nnesiNA 4 \. m ion
a credl, suffering thersirom, he would feel
constrained TO relieve matters BY 70 issuing
soms Of the gsssnbesks Withdrawn from
circulation, but not cancelled. M. Van
Dyck says that II spectators expect him "a
run up large balance here . relieve them
they wiIl BE- disapps'n'sd; but If there IL
any run on tho Treasury with three PEI
cent. certificates on mstursd compound
ne,es. then grssnbacks would likely b ~
issved - = certain extsnt. The Secretary
further says in his letter that be will No,
sell any more gold o. bonds At prsssat.-
Alse that the snnouncs0snt Of those laetl
tends . restore confidence.
This puts different face on matters, ani
shows that the grsenbscks ars only u b
re- ssusd in csriain sasrgsncies. Whef
this became known u put Q dampsr OF
speculation fer rise, and there Vas gen
srai decline from tue highest psint.
WARRINGTON, Nov. 0.-0sn. Grant o.
rived here last svrsing On . SPECIAL tr.ir
BY way Of Harrisburg He VS. aessm
parted by Gems. Smith. Comstsck, d
desu, and Mr. J. r. Jones. he qus,,y
proceeded . his bons 10 the north par
Of the city. This morning hs a,teadsd
Rev. Dr. Sunderland church.
Senator Wsds arrived last night, ant
Speaker Coliax will arr.ve this morning
They will. In accordance with the Cen
grsesioaal coaeurrsat resolution, adjourn
both Heusss q Con srsss On Tuesday IN
I'll the 6rst Monday in December
The Treasury Department il informed
that at NEST ports OF delivery on West
srn waters, other than those On tn,
frontiers. grsst diversity Of paaet,es in
collecting ices from stsambsats and other
vessels exists, and At most Of said p,rtl
exorbitant fees are esllssted, for which
officers Of custom houses have no war
rant in the law. In order. there tore, I,
correct such abuses, list Of fees has
been prepared, and will soon 10 rromul
gated, for the benefit OF oil concerned.