Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1869-11-02
The Spanish Succession.
WASHINGTON.
aiIi.ooo Conscience Money.

AlEL-tGyD AOhrGhtlAEC
WASHINGTON. Nov. Treasurer Spin
ner will recommend in his report that the
amount received and credited as conscience
fund and that received from the sale OF
specimen fractional currency which Is not
redeemable. be transferred to a sinking
fund and applied to the payment of the
national debt The formeris nearly Sll4,-
600 and the latter nearly S23, 900.
Public Debt statement.
The debt. principal and int rest to
date including coupons due not presented
for payment. So, G49, 654, 749 70. Amount in
treasury coin. SIG, 9947ll 60; currency,
S7.2tS. 295 "a: sinking fundin United States
coin, interest bonds and accrued interest
thereon, SIS, geo, OOl Il; other United
States coin interest bonds purchased and
accrued interest thereon, SAG, 02O, 14G %
total SlSS. 523, 7G4 80. Debt, less amount
in treasury. s., 46l, IOl, 1877 81; debt less
amount III treasury on the LIST INST, ~
4GS, 495, O72 II. Decrease Of debt during
the past month, s., G3S, 500 10; decrease
If debt since March 1, 1869, S64, 332, O7O 90.
The above debt report came incorrect
from the East.-OPERATOR.
Important Decision in the supreme
Court.
In the Supreme Court to-day an opinion
was delivered 10y Chief Justice Chase IN the
S1se Of Thorning as. Smith * Hlley, IN
Which the court decided that a promissory
note given in payment for property pur-
chased az MONTGOMERY, Ala. in 1864. when
the authority of the the United States was
excluded from that part Of the State, and
the only currency in use was Confederate
Treasury notes. Is payable IN Confederate
notes alone. and the United States courts
possess power TO enforce the same.
The court also ruled that contracts stipu-
latine for payments in that currency cannot
lie regarded as made as in aid of foreign IN
yasion in the one case or of domestic insur-
rection in the other. They have no neces-
sary relations TO the hostile governments,
whether invading or insurgent. They are
transactions in the ordinary course Of civil
society, and though they may indirectly or
remotely promote the ends of the unlawful
government. are without blame, except
when proved to have been entered into with
actual intent 10 further the invasion or IN
surrection.
Decision IH Ihe Case OG EGTHan,
Green & 60.
Supreme Court No. 1OG, Furman, Green
& Co. plaintiffs in error, Is the Clerk OF
davidson county. Tenn. Error TO the
Supreme Court Of Tennessee. Justice
Davis delivered an opinion reversing the
decree of the court below, and holding thai
the State was bound to receive in payment
for taxes bills of the State Bank OF Ten
nessee. created by the Legislature OF 1883
notwithstanding the repeal OF the act So
far as their guarantee Was concerned, b,
the reconstructed Legisl allure Of 1850.
Contested Elections.
The House committee on elections
through their clerks, are busy preparln
the evidence of the many contested case
10 be brought before them next montf
There are nineteen of these contested cases
and the labor involved in arranging, etc
and digesting the testimony Is very grea
In the Louisiana cases the evidence alon
will make a volume Of several hundre
pages. and in the Coyode case IN Pennsy
rania the expense of taking testimony hi
been already quite large.
The committee appointed by X Presldel
Fillmore to wait on Grant in behalf OF Il
Louisville Commercial Convention vi
have an interview at Il o'clock tomorrow
Several members of the committee have a
ready arrived Gen. Walbndge, OF Ne
Jerk: Blanton Duncan, Of Kentucky, al
Il. NJ Corwine. of Ohio. The Preslde
sent dispatch indorsing the objects OF Il
convention. hence the deTutation to THAI
the President