The New York herald., 1870-05-20

En8Ian0-AeoinnrhnDie increase Of Bua1uesss
General O. @. Washburn, OF Wisconsin, has re-
ceived the following letter showing the satisfactory
working Of the government telegraph In Great
Britain:-
nv GrsInAL PosT 0vFloE, LoNpor, May . is7o "a,
have ses n letter rsasss s w
has not proved complete Of aavsr-
ss ssss
Th sc T. san S The he
plants Of delay, inaccarasy, ondslivery Sc which we
sss' :ns =
achieved se mo sSuS asssnos o Complaints og
.s:. y ss :sr
,.:.SSs
ss q ss .n snS S ss .a ss sr
stance little confusion and little delay, but
~ hs dsSs S.Sss aSs wn:a we
that the scheme may be sssrdes as complete success at
49, '''-" FRANK IVES scUDAMoRE.
Tho Pacific Telegraph Cable.
Mr. Cyrus W. Field appeared before the Senate
Foreign Relations Committee to-day and made a
pretty long argument in favor OF his proposed new
telegraph cable between California and China.
Strength Of ihe American Navy-Reduction
Of Onlccrs.
The Secretary OF Tie Navy, In response the House
resolution. says the number Of vessels OF each class
ond rate, third rate 10; fourth rate 49, receiving
ships, tugs NC, and for quarters, %. The number
OF vessels Of each rate not in commission is as fol-
lows:-Frst rate .; second rate, 81; third rate,
Is; fourth rate, 81. Whole number OF non
commissioned petty officers and seamen as
compiled from the latest returns il s274.
1t estimated the current duties OF the naval SER
vice, anoat and on shore, mclndng all the various
0ut es imposed by law or required for The proper
administration OF tie service, and making allow
ance for the sick list and furloughs and the require
ments OF regular rcliers rendered necessary by the
nature OF the naval service, ii can he carried on
properly and effectively after the several grades Of
officers on the active list are reduced and fixed
at the following numbers, VIZ. Lieutenant COM
manders so; )ieuienants, $50 masters 100; ensigns,
1907 surgeons, G5; passed assistant surgeons, 40:
assistant surgeons, A5 paymasters so; passed
assistant paymasters, 25; assistant paymasters, 25;
chief engineers, 6S; nrst assistant engineers, 6o
second assistant engineers. rs. The scale makes an
increase in the number OF leutenants corresponding
to the decrease In the number OF lieutenant
commanders, and q small increase on the number
OF chief and second assistant engineers. But II re-
duces the whole number OF officers allowed by law
27o. and makes a decrease In the item Of pay OF
$45O,ooo
Mr.. r. W. Howes, OF Howes Macy bankers, of
New York. Is here with new plan for the fund
ing Of the national debt and preparing the country
for resumption Of specie payments He has
been before the Secretary of the Treasury, and
to-day explained his plan to the Committee OF Ways
and Means. The minor features are as rollows:-He
asks Congress to pass bill authorizing the issue OF
ten year bonds with the option on the part of the
government of fifty years, ut four per cent IN gold
payable In the United States and not elsewhere
all tay RI I'M sold at Ieco fhau In
gold or any Of the present Indebtedness Of the
government and to be received in payment at par
and interest. These bonds to be issued for the
payment Of the present Indebtedness of the GOV
ernment ana for no other. The Secretary OF
the Treasurer is authorized to receive deposits In
gold at 1.-the repositories of the United States at
rate of interest not exceeding three per centum i'm
kind, and to discontinue the sales OF gold and the
purchase OF bOnds TO commence the payment In gold
at par and interest OF the first issues Of the
ivetwenty bonds taking them In rotation as issued,
and give timely notice Of such payments and amounts
and request the holders to present the same fol
payment, and when the interest ON the same will
cease. The bill does not In any way interfere with
the national bank currency or the legal ten
ders. It neither contracts nor expands, bu,
simply provides for the payment Of the debt and
borrowed mcney at two per cent less than is new
paid. 1t does not compel any national bank in
dvidua here or elsewhere to surrender any right
privilege. It treats ALL foreigners and Americans,
alike MI. Howes THINKS it will bring into crcua-
ton and use all the idle gold from It's hiding places
and reduce the premium from time to time until all
will disappear and that the four per cent VIII
soon be sought after at premium.
Business of Senate Committees.
The Senate Committee on Post Offlces and Post
Roads held their usual meeting to-day, and agreed
fn oufnnr nriy;vnv "a
$4,000 per round trip to line Of steamships TO be
established between the United States and Mexico,
between the ports of New York, Vera Cruz and
Sisal. Mr.. Webb, or New York, was also before the
committee in reference to a line Of steamers be.
tween New York and the west coast Of South Anne.
rica, via the Isthnus OF Panama. No action was
taken but the feeling appears to be favorable.
The Senate Committee on Patents has about IN:
ished the consideration of the general bill relating
to the patent law. 1t is expected that the commit
tee Will be ready to report by next week. No mate
rial change has thus far been made In the bill az In
troduced
The subcommittee OF the Committee on Com
merce have as yet done little with refer
enee TO the steamship subsidy question referred
to them some days ago. The probabilities are that
nothing definite will be done this session with re-
gard TO subsidies.
The Committee of Ways and Means to-day re.
ceived delegation Of whiskey men from New York,
who advocated concentration of all the taxes I'm
spirits into one general tex, to be collected at the
distillery. This they said would do away with the
Inconvenience OF the payment of taxes at SO many
different stages in the process OF preparing whiskey
for the market and would insure the government a
better. more prompt and accurate payment. The
committee did not see the proposition In the same
Light that the delegatord,d. They stated In reply
that the present system was preferable to that one
advocated by the delegation it served as a check
upon the'distiller who wished to defrsud the gov
elnmcnt
Postal Changes In New Yack.
The following changes were made to-day:-Re.
established offce at Union Society, Green county,
and Mrs. Martha Bo0dgood appointed Post.
mistress; John II. Day appointed Postmaster at
VesteI Centre, Broome county, Vice s. ChamberIin
resigned.
The National Finances-Reduction Of Taxa.