Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1871-08-10
WASHINGTON.
The New Five Per Cents All
~ COS 7W Sold ~
To Jay Cooke, McCull0ck
Co.
The Five Per Cent Bonds Sold on

the Five Per Cent Bonds Sold out.
| LONDON, Aug. assistant Secretary
of the Treasury Richardson, has com
pleted negotiations for the balance of the
new American five per cent bonds with
the house of Jay Cook, McCulloch g. Co.
The announcement of the arrangement
has occasioned considerable advance in
the prices of United States bonds in this
market. ls
NEW YORK, Aug. 9.-Under the ar.
engagements made by Judge Richardson
for the negotiation of the new per cent.
loan, sum of not less than $40, 600, 900
to $50, 900, 900 will be placed to the
credit of the Treasury on or before the
25th inst, applicable to the payment of
the old 5-20s. 3
Grant as a Scotchman.
WASHINGTON. Aug. 9.-The following
dispatch was received by President
Grant
August 9.-Right Honorable Earl Dali
krieth, Edinburgh, to his Excellency, q.
s. Grant, President of the United States,
Washington-The proceedings of the
national celebration centenary of Sir
Walter Scott in this city, are now begin
ming. Many distinguished Americans
have accepted our invitations. We offer
our congratulations to the American peo-
pie through their President, Gen. Grant,
himself of Scotch descent. May last
ing friendship exist between them and
the United States. An answer by return
to be read at the national festival is earn
estly requested. In the name and by the
authority of the Committee.
USHER,
Secretary, Edinburgh.
Lone BRANCH, Aug. 9.-The Presi-
dents answer to the Committee of the
Edinburgh Scott celebration will be cent
tomorrow morning.
A New Broom.
Douglass received congratulatory calls
of Treasury officials and Internal Reve-
nue. this evening. -
Life in a Railroad Car.
The President arrived this morning
and goes to Long Branch this after
noon.
Secretary Delano left Washington to-
day for Ohio for several weeks absence.
Douglass ON Duty.
The new Commissioner of Internal
Revenue will tomorrow take up the
subject Of the contract for supplying the
bureau " it'll paper, for whisky, tobacco
and beer stamps, the plates for winch
been ready for some months, but the
printing was delayed owing to the late
trouble. The Commissioner this evening
revoked Commissioner Henry Bowman
who succeed Clifford Thompson in office
under Gen. Pleasanton. Other changes
will also take place in the bureau, par
ticularly affecting the Revenue Detective
service in New York.
Summer Declines the Raytian Medal
At the time Mr.. Sumner received,
through the Haytian Minister, the medal
presented by the leading officials, includ-
ing President Sagat, and the most promi-
nent citizens of Hayti, he expressed his
gratitude, and stated he would address
the signers in writing. The same even
ton, then on the eve of sailing, saying he
feared he should be constrained to decline
the present. This he did in a letter ad.
dressed to the signer under date of July 13,
After thanks for the present and friend
ly words for Hsyti, Mr.. Sumner thus
states his reason for not accepting the
medal: "And now, gentlemen, throw
myself again on your indulgence, while
expressing the hope that you will not
suspect me of insensibility to your gen.
erous present, if add that considering
the text of the constitution of the United
States and the services you have intended
to commemorate, l deem 1t my duty
to return the beautiful medal into your
hands. To this l am constrained by
the spirit if not by the letter of the con-
stitution, which forbids anyperson in my
situation from accepting any present of
any kind whatever from any foreign
State. Though this present is not strictly
from the Stae of Hayu, yet when / OBJ
serve that according to It's f1attering in
scription, it is from the Haytien people,
and that the communication accompany
ing it is signed by the present eminent
magistrate of Hsyti, and still further, that
it is in recognition of services rendered
by me as a Senator of the United
States, l feel that l cannot receive
it without acting, in some measure, con-
trary to the intention of the constitution,
which l am bound to support. In arriv-
ing at this conclusion have been gov
erned by that same sense of duty which,
on occasions TO which you refer, made
me your advocate, and which, with me,
is supreme law. While thus resigning
this most interesting token, beg you to
believe me none the less grateful for the
signal honor you have done me-