Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1870-06-17
WASHINGTON.
Massachusetts Loses One of her
CnhIuef OFFICERS.

sor Qualities. Who his successor will be is
apparently undetermined. No other change
in the Cabinet is deemed probable at pre-
sent
Fish 20 FOIIOIV--A General Bust-up
By the HeroIds Washington specials
there seems to be no doubt that number
of changes are on hand in the Cabinet, Mr..
Hoar has certainly resigned his position as
Attorney General, and Mr.. Fish and others
will probably follow suit. The President,
In conversation with some Senators to-
day, expressed the discrimination of get
ting men around him. as his advisers, who
are acceptablet to the Republican party and
in harmony with it,
Who Knows him2
WASHINGTON, June 16.-The Presi dent
sent the following nomination 10 the Sem
ate to-day: Ames Z. AckermAn, of Geor-
gia, to be Attorney General of the
United States, vice T. r. Hoar resigned
He is q native of New Hampshire, and is
about forty-fve years old. He emigrated
20 Georgia twenty five yearsago, and studied
law with the late Judge Berrien. He was
originally Whig and always strong ma
was among the earlier members of the Re
publican party.
Akerman has been telegraphed for and is
on his way to Washington
How il Came 10 Pass
Friendly relations between Judge Hoar
and the President have never been inter
rupted When recently Mr. Hoar rendered
his resignation for the FIRST time in writing,
the President accepted it with an intimation
that as the South had no Judge or Supreme
Bench, it seemed fair that this section
should have a representative in the cabi-
net, and therefore inquiries we're made
as TO suitable successor. The qualif-
cations of Mr.. Ackerman being satisfactory
he was accordingly nominated to-day 10
the Senate.
Toward the close of the proceedings this
afternoon an effectual motion was made to
60 into executive session, in order that the
nomination might be acted upon. This
probably will be done tomorrow.
The following correspondence passed
between Judge HoRr and the President:
ATTORNEY GENERALS OFFICE, WASHING
TON, d. c., June 16, 1S7O.-Sir: resign
the Office of Attorney General of the United
States, the resignation to take effect upon
the appointment and qualification of my
successor.
Very respectfully, T. L. HoAR.
To the President.
EXECUTIVE MANSION, WAsHINGTo on, June
10, 1S70.-My Dear Judge: In accepting
your resignation as Acknowledgement upon
the appointment and qualification of your
successor, l take the occasion to express to
you my high appreciation OF the able,
patriotic and devoted manner in which you
L. 4 h. ,ft that off
In no degree do / fail to appreciate the
pleasant personal relations which have ex-
listed from the beginning of our associa-
ton officially in public place.
Hoping that you will carry with you
nothing but pleasant recollections of your
connection with the present Administration,
and with assurances of my personal esteem
and friendship, remain, with great re-
spect,
Your friend and obedient servant,
U. S. GRANT.
To E. L. HoAR, Attorney General.
Der ,TeyfeI - Excitement-Threats
of ImPcachment!- Butler over
board.
The excitement in the Capitol owing to
the state of Cuban affairs, exceeds any.
thing ever before witnessed. Private as
surances of recast of the whole Cabinet
arefreely given by the President. Ominous
hints of impeachment Butler is emphati.
cally execrated by the Republicans.
Grant and Cuba.
Quite number of members Of Congress
called upon the President this morning
and during their conversation with him
asked him what he thought of Gen. Banks
speech. He did not seem inclined to tall
on the subject, but said he hoped the
House would not concur in the report o.
the majority.
Financial Liquidation.
The House yesterday, to the surprise o
everybody, perfected some financial legis
lation by passing, by some twenty ma,
jority, bill to increase the national banl
circulation ninety-fve millions of dollars
and TO cancel the three per cent certificates
now held by the banks to the extent oi
forty-fve millions Of dollars as their legal.
tender reserve. The clause which pro-
vided for the contraction of forty millions
Of legal-tender notes was stricken out
which makes the bill one of imitation, by
increasing the volume of currency fifty
millions of dollars.
The first section of this provides tha
ninety five million of bank notes may be
issued to National banking associations il
addition to three hundred millions Of dol
lars authorized by law. The excess is t
be issued to banks now organized or to b'
organized under the apportionment con
templated by the act of 1865. If applica
tion for this circulation shall not be made
within one year after this act is law b,
banks having less than their proportion O
circulation, it shall be lawful for the comp
troller to issue such circulation to banking
associations in other States, not in excess
who may apply for the same, giving tn
preference to such as have the creates
deficiency. It is provided that no banl
hereafter organized shall have q circulation
in excess of $500, 900.
The second section provides for the can
collation. of as many dollars of three pc
cent. certificates as there are new notes is
sued each month, at which time the inter
est on the certificates shall cease, and the
shall no longer he used for the reserv
fund.
The third section provides that ther
may be issued notes to banks In State
and Territories having less than their pre-
portion of circulation, to be withdraw
from banks having an excess authorized b
the act of 65; but the amount SO with
drawn shall not exceed twenty-five million
of dollars,
The Comptroller is to make out a state
ment showing this excess, and order re
QUESTION for it. commencing with tn
banks having circulation exceeding on
million and then proceeding pro rata witt
banks having a circulation exceeding thre
hundred thousand dollars, and so on til
the amount is withdrawn. II the bank
don't hand over this excess provision
made to sell an equal amount of thei
bonds butno circulation is to be withdraw
until after the ninety-fve millions granite
by the first section shall be taken up. Tn
bill goes to the Senate, where Gen. CARTEL
believes it will pass.
The Cuban Question.