, 1870-08-03
WASHINGTON.
Western and Southern AppE-
cations for Banks Under
the New Currency
Law.
The First Gold Bank to be Es-
tablished in Boston.
The Political Situation in Georgia
Bpetia1 Despatch 70 The Chicago Tnbane.
HOW 10 DISPOSE OF MCKKL CpN.


Special Despatch to The Chicago Tnbane.
HOW 10 DISPOSE OF HckIL pox. r.
v WARRINGTON, Aug. "a great msny PoFtmAs. r
- bare written here In relation to the dlsQoat b
n that can be made OF copper and nickel coins d
ceired for postage, but which people do net !
le to take for change. Inquiry On this point Z
as made Of the Secretary Of the Treasury By the
ostmAster General, and the Secretary haa also !
celved letters On the subject from owners Of =
NJ boats and others who come into possession t
these coins In the Regular way, a reply from |
IS department says that the nickel cent Gains Is
ted undtt the oct Of February 81. 1864. arc lot
gal tender foz any amount, but arc exchangeabEe
the Mint OF the United States for three ard i've
snt nickel 1lecea. The one and TWO cent plecea,
ntho.1ted by the act Of April =, 1854, which con
rise the chief portion Of the cent coinage In cir
ulatiou, are legal tender for any payment not
4cee1inG foEr cents IN amount The three cent |
ckel pieces are 4 legal lender for stxty cent?,
I'D tho nve cent pieces for one dollar. There u
10 rrpyts!cn Of law authorizing tho redemption |
t the one cent pieces, but circular issued
n the Secretary dlrecta the redemption OF
he nye cent p!eces by the Treasurer and Assistant
rreasurrta when presented In sutns Of not less
han 500. 1t Is evident that Congress mnst soou
AXE some Action On this matter, and Mr, kno1's
iii for the revision OF the Mint laws, no1 pending
a the Senate, makes proper provision for the re-
demp1ion Of AL these coins
THE sCsrKSpkp ZANE or HEw 0KLzASs-
The English High Court Of Appeals has Just
made 4 decision which Btupitnes matters with
reference to the settlement Of the affairs Of the
First National Bank Of New Orleans, which broke
down three years aCo last spnng. ! shor1
time prior to It's Suspension It drew
IN the Bank Of Liverpool tor Goe,0o0.
This lratr went to p1utess. Tbs parties interested
hare been trying to get their claim on the prefer
r.l list 30 ss 10 1eceige the full amount. The de-
clston Is against themt and the money at stake, |
tit refurc goes Into the general assets, for pro
rata distribution Tie New Orleans bank IS in the
hands of Receiver, and will probably lpay aboa',
ttty cents On tue dollar. No Dividend has vi
teen declared, and none is uEcly to be declared Al
present. Questions are pending In the Supreme
Court, viz: Whether the government sla1l be
q preferred creditor about certified check
for q Large amount that caulo. tn-
to the hands ot the Receiver, and about
neaufeRards railroads turned oycrfas paF;of the
assets The bnnk cannot be wound up It'll these
questions are settled The Receiver il Colonel
case, to whom the department awards great
praise for The service III las rendered.
uEoRGIA-
The latest information from Georgia Is that lts
Senate, on Saturday last, after = long aad some-
vb,; rlaic, BY YQse Vi q II, passed.
the following preamble aud resolution Against Al
election I'll November which have vet 10 be acted
=, -, II a In.x.r h-,nch ~ ~. a,,1a,p,s -,x.
| W - ~ ~. =. 1te ,,, y. ~. - w..
- " hAS tne soneLlls.oEAa test " tae E1eaI
et,tir - n,sss.I{x Sst~nssnf mar ;h* s;,ur Tnrn
aa. hs ~ X IL IL
So+ inIo pr.fst!op ~ paramount Law. tfGxi irvt
| military lututnce; and
NHtAt ~. The het u C0nEreft Of JIisyA II" does
nos hx .si1 tt ana shc ran,c ts definitely .<
~ eo or uni "a " e d
+. H. c!;ctson cf nr* oees' we ,' hs pe5; Ssn
s.atIon that election sla t held foI thr ra1io,
~ IT, rs1nis I'm ~ - ar * S,..tss s%d p.nn.nt.
q IL sou,c other w1y shall definitely dsesiuc whrt
erthe e1nsttntton o. tha S.t hss 70 so into opera
''A - >0' '"t -1,r ,a, 70 ,nr.. ~ r.rr ,e
| ..,,-. -. ....,.,s a...s-ss ~. a.. eo,-o,,-
Luz 0a1. " lnqaus ofaeseo y! tuc Set'sI1!
4 f6ErEf1rNtR rfAFDN tNERfH1