The New York herald., 1873-12-18

the Senate until IL is settled one way or the other
The Act Redeeming the Loan OF ls5s.
The following Is the act redeemng the loan OF
1858, as it passed both houses and viii by under
standing Immediately become a law by reason OF
the Presidents Signature
AN ACT to provide for the redemption or the loan
OF 1885,
Be it enacted, by the Senate and House OF Repre-
sentatves oI the United States OF America, IN Con-
gress assembled, That for the purpose of redeem
act to authorize q loan not exceeding the sum OF
$4,000 ooo, approved June Il, lSoS as uiS aienuea
is hereby declared TO be the pleasure
OF the United States TO pay all the coupon bonds
OF said loan on the lst day OF January, 1874, at
which date the interest thereon shall cease, and
coin in the Treasury sufficient to redeem said
coupon bonds Is hereby appropriated ior that pur-
SECTION THAT the Secretary OF the Treasury
may issue an equal amount at par OF principal and
interest OF five per cent bonds OF the funded loan
under "The act for reunding the national debit
| approved July IA. 1870, and the act amendatory
! thereof approved January 20, 1871, Tor any OF
| the bonds OF the loan OF 1858 which the
holders thereof may on or before February !, 1874,
elect TO exchange Tor the five per ccntum bonds OF
the said funded loan, with interest rom said jan
nary l, provided that no commission or allowances
whatever shall be paid Tor the exchange OF bonds
on the new bonds Tor any time for which interest
is paid on the bonds exchanged.
Why There Should BE No Holiday Re-
ccss-The Treasury Dcma nds Immcd cdiatc
Attention.
| Several prominent members OF Congress to-day,
while privately expressing their views against the
proposed holiday recess said II the Senate agreed
TO the House resolution for that purpose more
than month must elapse before anything could
| be done Tor the relief OF the Treasury. They
| alluded to the fact that, while the redemp-
tion OF the loan OF 1858 involved additional
obligations, the extraordinary appropriation
OF S4,000,00o Tor the navy exceeded what could
possibly be saved by reduction or the estimates,
and, besides, the Secretary had already drawn
S1s,50o,000 from the s44,00o,o00 reserve, without
which the Treasury would now be bankrupt. The
serve was constantly being drawn upon, and there
fore 1t was imperative, with due regard to the
public credit, to pass measures OF relief without
delay. What these should be they were not
prepared to say; but they, with others,
were prepared to restore the duty on tea and coffee
and tobacco, which were the more easily collecta-
BILE, or they would agree to a temporary loan OF
say $50 600. At all events Congress should not
think OF holiday adjournment until ample pro-
vision be made for the Treasury, the receipts OF
which yesterday were not more than one-third OF
what they would have been but 1or the effects OF
the panic.
General Howard Before the Committee
on Military AHairs-Ae Is Anxious
for Court Martial Trial.
General Howard appeared before the House
Committee on Military Affairs to-day. He said he
courted the fullest investigation and waived
any advantage that might accrue to him
by the statute OF limitation or otherwise,
in order that he might be tried by
court martial. He thought that he would be fully
able to prove that he was not officially morally
responsible FOR any shortcomings by reason OF his
administration OF the affairs OF the Freedmen's
Bureau. General Vincent was also present. but as
the charges against General Howard are not yet
printed his examination was postponed until to-
morrow.
The Judiciary System in Utah.
The House Committee on Territories to-day
considered the bill relative to selecting jurors and
otherwise remedying the defects now existing in
the judiciary system of Utah so that the present
obstruction to the administration or the laws in
Utah may be removed. The subject was postponed
till the meeting Of the committee after the holi-
days.
Increase of the Enlisted Force of the
Navy.
The Senate Committee Naval Affairs this
morning agreed to report without amendment
the bill recently passed by the House to increase
the enlisted force OF the navy to 10, 200 men.
Williams Discussed Before the Judiciary
Committee.
r The Senate Committee on the Judiciary to-day
nearu persons on Tue SUBJECT OF tue NOMINATION. OF
Mr. Williams for the Chief Justieeship.
The President Shows His Good Sense.
A department official this morning minated to
the President that 1t might be proper in view of the
afiction which has befallen his Qhe Presidency
household, to close the different departments to-
morrow, the occasion OF Mr.. DENTS funeral.
The President at once replied that to his mind,
such action would not be proper, as Mr. Dent was
simply private citizen, and, consequently, not
entitled to official honors.
The Senate Transportation Committee
Bound South.
The Senate Transportation Committee viii leave
Washington early on Monday morning for Atlanta,
Ca, where they viii continue the examination OF
the subjects referred to them and then proceed to
New Orleans and other Southern ports.
Secretary Belknap's Return.
Secretary Belknap has returned to this city and
is at the War Department to-day.
Capture of Band of Raiding Indians.
General Sheridan has transmitted TO General
Sherman, under date OF headquarters at Chicago
the 10th inst, copy of telegram received from
General Augur, as .ollows:-
Lieutenant Hodson, OF the Fourth cavalry, was
sent from Fort Clarke with 40 men to intercept
band OF Indians raidlng on the Lower Nueces. He
found he camp where they left their animals GO
ing Gown ana capturing them $50 horses and
mules). On the 10th inst. he struck the band on
their return, killed Q, wounded good many more
ana captured 81 animals. His own casualties
were one man wounded, three horses Killed and
one wounded. This occurred on the west fork OF
the Nueces
The Kiowas on the War Patn.
The war Department is advised OF the murder by
party, supposed to be Kiowas OF q man belong
ing to q Gunting party OF Indians, who were
camped on November "a near Cottonwood Grove,
on the north fork OF the Canadian River On the
announcement that man who had lett the camp
upon tnat date, with a wagon and horses, was
missing detachment or companies l and X OF
the Sixth cavalry, were sent IN pursuit under
command OF Lieutenant West who found near
Usage Fork the charred remains Of the man,
wagon and harness. There is no doubt the Kiowas
murdered the man carried of his horses.
There is also information that Santana and Big
Bow, OF the Kiowas, are camped on the Canadian
River south of the nnint where the murder was