The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1868-02-08

toned from January q to slst inclusive. were as
folows:-
5 nos.on ......---.........- $l494sa
new YORK. 1851, O60
Philadelphia. ...................... SO O96
New Orleans, Jan. IL to 'iia....'....." 47,sos
San Francisco, Dec. 80 TO Jan. 4........... 724S9
Total. So ooe, o75
Change of the Mail Route to New Orleans.
In consequence Of the frequent failures which have
lately occurred on the mail route via Lynchburg Va.
and Knoxville Tenn, the Post once Department has
day issued orders to forward the New York, Fhlade
pha, Baltimore ana WASHINGTON mails for and from
New Orleans by way OF Louisville, KY.
\ New Political ACKNOWLEDGEMENTS Ma
hionai Convention Of the Producing ln-
ieresis.
movement is being made for the call Of q National
ConPention 70 be assembled Mt Cincinnati, Ohio, TO
represent the producing industries OF the United
States The character Of the convention viii probably
be somewhat political well material it being the
intent to place the and its policy under the
control OF the producing interests. The convention
win be called under the auspices Of the Naonal Cheap
Freight Railway League" and candidates for President
aad Vice President represent the interests Of produc
ton will, without doubt. be put in nomination
The Case Of Associate Justice Field.
The statement that Representative Wilson, Of Iowa,
the Chairman of the Judiciary Committee, has given
testimony upon the of Judge Field is not correct
The Telegram states that the committee
again this morning. The editor Of the newspaper OF
this city in which the accusation was first pub.
lished examined. He disowned the author
ship OF the charge, stating that the article
handed in just before gong to press The gentleman
refused give the of the writer Of the paragraph
at present. but would confer with the person. and If
consent were given he would divulge the name; if
otherwise he would be obliged to withhold the nforma-
ton. Tho committee postponed further hearing until
Monday next. The committee determined TO give
the thorough ventilation. They consider tho
hutton Of the House exactng no other course.
Visit Of Nr. Dickens to the President.
Charles Dickens called at the White House this morn
ing at eleven O'Clock and had short but very pleasant
interview with the President. After leaving the au-
dience chamber Mr. Dickens visited the parors of
Executive mansion
The Communication Money Paid by Drafted
Men.
The House Military Committee held a session this
morning. in which the bill in relation to the commute
ton money paid by drafted considered IN con-
necon with subsequent act authorizing the refundng
OF all such money in where the claims al
ready ie in the proper Office Of the government at
the time Of passage OF the act The committee have
now determined report bill extending the time for
the presentation OF these claims for two years.
allow ample for oil parties interested to proper
steps to secure . settlement
Text of the BIZ Providing for rho Pending Of
the National Debt.
The following 10 the full text Of the substitute
ported by Senator Sherman yesterday from the Finance
Committee for the hill providing for the funding the
national debit
BE il enacted &C. That the Secretary Of the Treasury
Is hereby authorized to registered coupon
bonds OF the United states in such form and OF
he may prescribe pay able principal
and interest in CON- and bearing interest at the rate Of
Two per centum per annum payable semannually, and
bearing date as TO require the payment OF equal
of the quarterly such bonds to be pay
able in forty years from date and to be redeemaoe
years from date; 70 be issued to an amount sui
ncent 10 all outstanding existing obligations
OF the United States other than the existing i've pe
centnm bonds and TO be Exchanged for sacn obligation
or disposed OF IN such manner ard such terms no
less than par, the Secretary of tho Treasury may
deem most conducive TO the interests OF the govern
men aud the said bonds and tho proceeds thereof shat
| be exclusively used Tor the redemption OF, ex
change for the existing securities OF the United States
SIC z That the bonds issued under the nrst scciiou
OF this act shall be known as the consolidated debt o
the United States and the same shall be exempt from
taxation IN any Iorm by or under state municipal o.
local authority and the and the interest Thereon
pay mcnt OF all tases or duties TO the United States
other than such income tax may be assessc,
upon other Incomes; aud in consideration OF th
reduction OF the rate OF interest provided TO
by this act there is hereby appropriated the pro
ceeds OF the duties on imported goods annually al
amount equal TO one per centum the bonds issued
under the act. which shall be reserved annua
applied TO tho purchase or payment Of the uatona
debt.
sac g. That In addition to the sums necessary TO pa,
the interest Of the public debt and the maturing funde
debt of United STATES there hereby
out OF any money in the treasury NOT otherwise appro
priatcd which, including the said interest Ant
maturing deo and the one per cenlum reserved as aore
sad shall amount to S135. 600 900 annually which sum
during each fiscal year after the current fiscal year
snail be applied to the reducion Of the public dcot ii
Of the Trearury or an Congress may hereafter
direct; and such reduction shall be in lie,
OF sinking fund contemplated by the fth section
the emitted IAN ACT 10 authorize the issue OF Unite
States notes and for the redemption or funding thereof
and tor funding tho floating debt Of the United States
approved February rs, 1862
Skc 4 That the several bonds OF the United states
bearing Interest at tho rate OF six per centum
aud redesmabe at the pleasure OF the United State
alter i've years from their date, commonly known a
tho hsetweny bonds shall after the expiration OF Az
from their date at tho option of the holder there
Of be exchanged for The bonds authorized by this act
and such reaeemable shall be presented 70
exchange on or beior the nrsl day OF November mex
aud not thereafter, and the residue 80 be presenls
within SIX months after the expiration Of ave year
from their date and not thereafter and such exc6ane
eall DO made OF such places and under such rules
regpaons AZ the Secretary OF the Treasury may pre-
scribe.
SIC. g. That Tho holder Of any lawful money of III
Unifed states TO the amount OF Thousand dollars
any multiple OF ono thousand dollars, may convert tn
same INTO bonds FOR equal amount ashorized by th
FIRST Of this act under such rules and regulation
A. the Secretary OF the Treasury may prescroe aad
holder Of any provided for Va the st section
ih may present tho 70 the Treasurer OF lh
! United SLs,es and demand lawful money OF the Unite
States for the pracpal aud sccrding interest thereon
and the treasurer shall redeem tue In Lawful
money Of the United States unless the amount OF Uute
States securities then outstanding shall be equal l.
Sd0o 600 900 and such bond shall not b. redeemabi
after the United States have resumed the payment .
coin for their notes
| see 9. Tia, any contract hereafter made specifically
payable IN com shall be legal and valid aud may
forced according its terms, anything in the
relating TO United Ststos notes the contrary
Wi hstandng
The southern Railroads.
siie majority Of The House Committee Southern
Railroads at tho conclusion OF Their report submit tn
following Resolutions, embracing what their opinion
would be the proper to be taken BY the govern
| nent:--
| Resolved That the Committee tha Judiciary 81
aud they bereDY instructed to fepor to I0uss
without delay Joint resolution declaring ia snbstanc,
that no claim shall be entertained by officer de
partmept fayeT Of any railroad or railroad company
In any Of The late rebe states Or in favor OF any sucf
state for the use Of any such rdad o. rolling stock
otrer railroad properly, or for tie transportation Of