Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1870-03-25
NEW YORK.
Cheap 1IOncy-EXPcnsivc Exchange
A IIeaNK EaiLure.

Cheap VI Oncy-BNpcnSlNcE lAChAhSc
A Heavy Failure.
NV YoRK, March 24.-The ease in the
money market is due to a certain extent to
the general dizziness in trade, in eonse-
ouence of the uncertainty attending the
action of Congress on the funding bill. The
demand for currency from the interior IN
preparation for April settlements is smaller
than Was expected.
The advance IN sterling exchange Is due
to the decreasing supply of cotton bills and
the uneasy feeling in England and the
continent in consequence OF the heavy de-
cline in some miscellaneous American Sc
curities, held to a large extent in Europe.
The bankers generally are indifferent about
drawing.
The German bankors'were buyers OF gold
to-day in consequence OF the decline IN
American securities abroad.
The extensive wholesale house Of J. IL.
Printice & Co., Brooklyn, failed to-day.
Liabilities, $500, 600. 1t is also reported
that 1920, 600 of this amount Is in the form
of acceptances of Jenkins, Vail IL Pea
body, which firm recently failed.
Greeley Mounts His Hobby
The Tribune of this morning, says that
the President has prepared, and will send
to Congress as soon as Georgia and Texas
are admitted, a message recommending
that universal amnesty be declared and re-
storing civil rights to all engaged in the re
beIlion who come forward-a message
which the country will gladly hail, and the
result of which will be far-reaching anc
beneficial. The Senate should show Its
disposition TO welcome the measure by al
once admitting the only two States which
remain unreconstTucted.
Goodbye, Bailey.
So far as appears on the surface the &C
tive search for absconding Bailey is prac
tically abandoned, and unless he Is betray
ed, or voluntarily surrenders himself,
seems more than probable that he Will no
be seen again in this city.
Nothing is yet known of Collector Bal
lev's whereabouts. The report that he haC
been seen in Albany is discredited by tn
Government officers. There is no doub
but what his distractions Will reach 500,
600. How much more can't be know
until the examination now in progress
completed.
\ Tempest iu "a TcaPOt-TVyeed Oh
the Warpath.Cbc Tammany Cri
sis
The excitement among the politicians g
The City Hall and in different department
over the crisis at Albany continues.
Mr.. Tweed's letter denying having n
silned his position as Deputy Street Con
missioner, created considerable surprise
Sharp words are said TO have passed t,
day between Tweed and Genet, and Il
former dec Jared he was on the warpath
the better end 1t appears he was remove
bv Street Com missioner Mclean, and tn
Roger the new .Sppointee, holds the oihc
The World of today claims that Il
ring has been smashed, and says Sweene
Tweed & Co. as a power in the Democrat
party arc utterly destroyed; that the your
Democracy are consolid qted and inspire
as nothing but t-eachery and repulse cou
have united and inspired them. 1t co
cludes its article as follows: War TO
knife. and the knife to the hllt
Others declare the Tammany ring Is
strong as ever since Tuesday, work IN u
Assembly. -.
petition for the removal of the u
Chamberlain is in circulation, but no IL
Their changes have been made since the
moval of Tweed.
A resolution is before the Assembly q
s;laring Henry Smiths place on the foh
Commission vacant. Smith is understo
90 be the party who made the collD
which defeated the charter and other Ct
bills on Tuesday.
coalition of Democrats and Repub
cans at Albany is talked of to ma
new c1ty charter, to be introduced ne
week. giving the Mayor the power to
noiut and remove all subordinates, to
point a board Of public works, not su
iect TO the approval of the Aldermen, al
making him responsible directly to t
neople; the Aldermen to be elected on
General ticket: the expenditure of mon
to be strictly guarded, especially in req
10 street payements; majority OF I
any kind of pavement for which they Y
be assessed This charter, which Is
rect blow at the Aldermen, the young !
mocracy viii be fiercely opposed by
latter.