The New York herald., 1869-08-27
WASHINGTON.
WASHINGTON, August 20. 1st

MIR. Pcsbcdy's Late Donation TO General
Lees Coiiese-A Strange Story.
II the Information got this evening be reliable
Mr. Peabody's donation OF 500, 900 to General Lees
college TO endow prolessorship Is likely to be VI
little use to that Institution. The interest which s
only $500 per annum was intended to pay the pro-
fessor. and $500 to go to the library yearly. 1t
appears tnat In 1854. while the Virginia and Ten
nessee Railroad was being built, the State issued
two or three millions OF coupon bonds. seden.
Withers Il Co.. bankers, Of Washington were ap-
pointed agents for their sale, and they appointed
James SCutter OF New York, az their sub
agent During financial pressure Selden,
Withers Co. took upon themselves the
responsibility OF hypothecatng several hundred
thousand dollars Of these bonds with Barring
Brothers aud Peabody Co.. Of London,
with soutter Co., OF New York, and perhaps
other bankers Soon after this Seden, Withers &
Co. failed and made assignment OF all their pro-
perty to pay their debts, leaving out the State OF
Virginia Peabody & Co. had then IN their posses
sion $l0s,000 OF these bonds Early In the fall Of
1854 Peabody Co. sent these bonds by the steam
ship Arctic to their house in New York and they
were lost with the vessel or Cape Race Mr. Pea
body tnen demanded the reissue of bonds to supply
the lost ones; but this refused by the Treasurer
and subsequently by the Legislature. Besides the
above amount Mr.. Peabody had 900 Of these
bonds purchased in his own right prior to the failure
Of Seden, Withers Co., which were also lost at the
same time, and which the Legislature refused TO
pay when he memorlalzed that body In 1856.
1t is supposed to be the latter amount, with the In
terest accrued thereon, that Mr.. Peabody recently
donated to General Lees College. AS It has once
beeu repudiated by the Legislature the chances OF
It's collection from the state in Its present depressed
condition Is rather doubtful.
Health Of Secretary Rawlins.
Secretary Rawlins mas been comparatively COM
hemorrhage which prostrated him at an early hour
this morning.
The supply Of fractional Currency.
The Secretary OF the Treasury received despatch
to-day from the bank note companies Of New York
which are printing the fractional currency, stating
that they had shipped the required daily amount
($lOO,0OO) to-day, and would continue shipping that
amount daily. The Secretary notified them that
hereafter they would be required TO ship 5000, 900
daily, as this amount was necessary to meet the
orders pouring In from all parts OF the country.
The original contract with the bank note companies
was that they should furnish whatever amount daily
should be required by the government Up to this
time they have failed to comply with their agree
ment and is not expected that they Will be able TO
do so now. In view Of the preparations OF the
Secretary to bring the work here the bank note COM
panes have become alarmed, and are Just now WILL
ing to make al sorts of promises.
Democrats In the Pensacola Navy Yard.
Senator Osborn. Of Florida, 1t Is understood, has
addressed letter to the Secretary OF War enclosing
list OF democratic employees at the Pensacola Navy
Yard and recommending their removal and the ap-
pointment In their stead of republicans. Many OF
the persons named served in the rebel army and q
few OF them are employed by the War Department,
which Is the cause OF the letter being addressed to
General Rawlins
Activity Among Revenue OffcersI
More reports OF seizures bv internal revenue
officers were received to-day by Commissioner
Dclano than in any one previous day during the
present administration. The reports were received
by telegraph ana mail from all parts OF the country.
Transfers Of Revenue Supervisors.
Internal Revenue Supervisor Barbour, Of Mchi-
gan and Wisconsin, has been transferred to the
Southern district OF Ohio Supervisor ConkliD, Of
Louisiana and Arkansas, has been transferred to
Michigan and Wisconsin, and Supervisor Young, Of
Ohio, to Arkansas
A Maine Anniversary.
The Maine Historical Society," with its invited
guests, have been authorized to visit Fort Prcble
In Portland harbor, the 2Sth inst. the anniver-
sary Of the landing Of the English settlers in that
state.
Tho Husband Of Annie Surratt.
Tonry, the young chemist who married MISS Annie
Surratt here a few months ago, and who was dis.
missed from the Surgeon Generals office therefor,
has accepted lucrative position In Kansas. 1t Is
said that prior to his departure Tonry was offered
position by Judge Advocate General Holt, but re.
fused to accept.
Custom HOnse Receipts.
The following are the receipts Of customs from
August IA TO the 2lst iuclusive:-
New YORK .....I................ 1906 43s
New Orleans, from August to the 14th.... I7913s
San Francisco. to July 31................. 26S573
Personal.
Senator Carpenter, OF Wisconsin. Is In town to.
day. lie had an interview with Commissioner
Delan0 this morning.
Secretary RObesOn and Admiral Porter are ex-