New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-02-27

Hon. H. H. sbley. who was Goyernos of the STATE M m
time these bonds were issued, and so Is now msb,
OF the Minnesota House Of Rcpref natives reeentf,
made strong speech on proposition which he pr.
sented for the settlement Of these claims Pyo,,
the statements IN this speech II appears ths.
the Governor issued portion - tie bonds authorized
strictly I'm accordance with law But soon thereafter e
people OF Mnnes who had been 80 uuanuous In ta,
desire lend the credit OF the state the constrc
OF railroads, becoming dissatisfied Wiz their own aeon
raised the cry OF reputation, which DESTROYED tho
ket for the bonds They therefore rested in the hand,
railroad contractors who! had received them &,
payment for constructing roads, as they could
not realize upon them except AZ rulnOus ra,es
he completion OF the roads Interrupted Interes.
upon the bonds due, and the companies could
not pay and the State could not would not al al
events did not pay. Theurther issue Of bonds was
stopped The State foreclosed its mortgage upon the
roads, and took possession OF the Property which vas
ultimately turned to new corporations, with the
pie stipulation that they should complete the roads within
specified time Since then the holders OF these bond,
have been vainy waiting for their interest. VIC don't
think that Minnesota can afford 10 let the matter rest
It stands Reputation is very ugly word, and Mime
sofa may possibly want swap her credit and honor for
money some time in the future; end II she expects 10
succeed in such very possible enterprise, II becomes
her to settle up this long-sandng account With her
Estate Railroad Bond creditors promptly, and IN itr
and equitable manner.
The receipts Of fractional currency for the wecE
ending to-day amount Ia s77,soo. rEhe shipments wer
Fractional currency $1T6472 notes s5956 The Trea b
srer holds I'm trust for National Bank circulation sS
575OO0 and for public deposits, sl5,s295Oo hutiahd
notes burned during the week. Ss517Oi tota' amon Z
burned s3s,e12,767; bank currency issued Tor biHs
DESTROYED during the week. 2l3,940; balance due for
mutilated notes, s1,74755i. Outstanding ercuiaiIo1,
22s Fractional currency redeemed and destroyed
during the week. s3O7,2Oo. Internal receipts todal,
sals243 for the fiscal year TO date sl0o,59G,49'
The Chesapeake and Ohio loan, which iavorbly
received by the public and which was virtually with
drawn from the market upon the outbreak OF the war IN
Europe is again brought forward by the financial agents
Of the Company, Messrs FIX & Hatch. More than a
third Of this loan was sold during the first part Of 1870
SUFFICIENT TO enable the Company 10 press the work e
construction to this time About twO-thirds Of the e,
pendure on this line is made and II is expected TO
opeued from tide water the Ohio River ia about J.
months. This will give new and muchneeded trunk
line whereby the produce OF the Western states and the
coal OF West Virginia be brought 10 all Atlantic ports
at very low rates. AS the favorable grades and shon
routes are remarkable in contrast with those N o
Grafton The bonds bear six per cert gold Interest can
be had coupon registered and are offered Tor e pres
ent at 9Oand accrued interest.
Ina notice published THE TRIBUNE OF NE 22f from
The Boston Transcript and referring 10 denqnenoos ia
the conduct of the officers Of the Boston Natona Banks
the types made say the Boston National Bank which
is the name OF a particular bank in Boston. We are
assured by the Cashier Of that institution that the ale
CATION does not properly apply to its officers.
The Secretary Of the Treasury has directed the Assist
ant Treasurer at New-York to purchase 100000 ~
bonds each Wednesday during the month Of March,
being 100000 in ALL and to sell 100000 OF gold on
the first third and fifth Thursdays, and 100000 the
second and fourth Thursdays OF March, or 100000 in all
The following houses have been appointed agents ior
the negotiation Of the Government loan abroad
Great BritanBarHg Bros. Co., London; \. NJ ROLLS
child Sons London: Morton, Rose Co., London; JAY
! Cooke, McCulloch a Co.. London. Germany-M A. ID,
ROthschild & Sons. Frankfort France-De Rothsrlbl1
Brothers Paris: Drcxc HarHes & Co, Paris Holland
Hope q Co., Amsterdam; Becker Field, Amsterdam
The list of agents IN the United StatesNlll soon lie an
nounced. Seventeen hundred agencis have been t' n
dsred including rs priyate banking ed Adjustments.
far 600 have accepted and 90 declined ihe agencies.