The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1868-11-08
WASHINGTON.


The Reported Sale Of FivS-Twenty Bonds
OmcinIly Denied
The statement made in the "money article" pub
lshed in New York paper OF yesterday that Secre-
tary McCuoch had sold about eight millions OF nve
twenty bonds within the past ten days was officially
denied to-day. The Treasury authorities assert that
on the contrary the Secretary has purchased bonds
within the time specified, with view Of relieving
the great stress in the New York market.
Reissue Of Loan Certificates.
Mr.. McCulloch to-day ordered $1O,0 900 OF the
three per cent temporary loan certificates to be
reissued, and states that more will be reissued II
necessary to relieve the existing financial pressure.
The Reissue of Redeemed Notes.
Although the Secretary OF the Treasury believes he
has power to reissue notes redeemed but not can
celled it is not determined what he will do as this
viii depend upon circumstances, and according to
what is believed here Of an improved condition Of
the market it may not become necessary to resort to
that measure in order to afford relief.
The Removal Of the Secretary of the Trea.
sury.
The rumors of ostensible differences between the
President and Secretary McCulloch have o real
foundation in fact. The Secretary Of the Treasury
has not at any time supported the President to any
great extent other than by Zip service.n A large
radical vote has at all times been absolutely neces-
sary to carry out the designs Of McCullochs favore
Treasury ring therefore, while he has been for the
past three years constantly entertaining the Presi-
dent with public and private expressions OF pro-
found esteem, select few radical members OF Con-
gress could at any time get their favorites into
good places In the Treasury Department,
provided always they supported the ION to
specie payment contrac tion policy and other
schemes Of the ring. Now the members Of
that close corporation known as the Treasury ring
are very anxious to have President Grant keep
Secretary McCulloch in his present position during
the next four years. have heretofore shown that
few gentlemen in that most fortunate organization
Of operators in government contracts, bonds, &C.,
have already made, during and since the rebellion,
over $25 100000 by manipulating the contents Of
our national treasury With their experience in the
business it Is safe to say they would double the
sum If they could get another four years. lease.
The prize Is certainly worth struggle.
The radical members and supporters OF the Trea-
sury ring, in and out OF Congress, our smooth
tongued Secretary can count upon for support at
any and oil times. Now, then. II he can at the
eleventh hour get up o brisk quarrel with
President Johnson-real or feigned either will
answer-it is possible he may bridge over
the gulf that now exists between HIM and
the honest members OF Congress of both parties,
and remain In his present position another four
years. on failing in that he might acquire political
capital enough to get member Of the Treasury
ring for successor-the next best thing he could do
for himself and friends but the worst that could
done for the country.
Weekly Report Of the Currency. ss'S
The receipts OF fractional currency for the week
ending to-day amount to $3.50. 200.
Shipments for the week to the Assistant Treasurer
at New York. 800 OOO to the Assistant Treasurer at
Boston, 100000; to the United States Depository at
Cincinnati, SIS, 900; to national banks, s252,ss5.
The following amounts are held in trust for the ma
tional banks:-
As security for circulating notes, $341 495, 900; for
public deposit s3S 0eO, $50; national bank currency
sslo. 45Os7e. Mutilatcd bills returned $685. $40;
notes Of nsovent banks redeemed, 1894 1881. Actual
circulation at this date, ss,ss5,s75.
A New Sensation MT the Capital-Specinc
Charges Preferred Against High Omcials.
The arrival here to-day OF Judge Fullerton and
Charles G. Yeaton OF New York, stirred up another
breeze anent Internal Revenue fraud matters. Full
lerton was with the Decentralization was with
the President Fullerton saw Evarts-Yeston saw
Evarts Fullerton new about mysteriously-
new about mysteriously. Fullerton stopped at
Naturalization ditto but nobody could either
ut the designated hotel elsewhere, except In
meteoric flashes, and nobody had chance to shake
Fullerton to shake Yeaton by the hand or to ask
either Yeaton or Fullerton .'What's up about the
impending whiskey fraud disclosuress" 1t was
generally agreed however, that something decidedly
was up and something big. too. at that;
but exactly what, was enveloped in the thick
cloud which seems to have hung about
all these whiskey and other revenue Investigations
that have got homeopathically before the public.
Whenever there Is an mixing here In Washington
that something startling is about to occur and real
facts cannot be got at, the canard mongers are
sure to ply their vocation TO some purpose So they
did to-day. batch OF sensational absurdities were
soon on the market here. Rollins was removed
McCulloch had resigned-Courtney was kicked out Of
his District Attorneyship Geographically Of course)-
Marshal Murray was treated to like streak OF good
luck-Fullerton was commission to succeed Court
ney-Yeaton was made Commissioner OF Internal
Revenue, and Smythe cor any other man" was
called to the Treasury. Such were the stories set
anoat with just the thinnest possible foundation.
But still such had Its believers, who were wise and
confident and knew whereof they spoke. The whole
thing, so far as am able to make out is this-Ful-
lerton hiss made specific charges against certain
United States oficials and laid them before the
President. These charges are something more
weighty than those which have already been
preferred, and have been required by the
President as q preliminary step to the arraignment
and trial Of these certain officials. Fullerton having
done this, picked up his traps again and cleared
for New York, leaving Yeaton the field to himself
The Rehabilitation Of Whisl<ey.
Attorney General Evarts yesterday was in consult
alton with the oflcers OF the Internal Revenue Blu
reau on the question submitted to him for solution
whether distlers OF whiskey have right, according
to the law to redstill without being liable to second
tax. Although the opinion has not yet been rem.
dered there Is every TO believe that the state
ment heretofore given in these dispatches is entirely
correct The Attorney General it is understood, has
seen no reason to change the opinion then given.
Revenue Appointments To-day.
Gdugers.-David b. Hall, Fourth district OF Con-
nectcut; James NJ Driscoll, First district OF Call
fornia; Hugh Lynch, Thirteenth district OF Ohio; r.
w. Arnold, Fourth district OF Ohio.
St0rekeepers-R. L. Ireland Fifth district OF Ken
tucky; A. G.. Goel, Second district OF Pennsylvania;