The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-03-12
Of the chief sources Of ths- customs revenue Of

VI tuo cuief sources o. the' customs revenue oi
most foreign governments.
After the Senate had confirmed large number
OF nominations. Mr.. Hsmnn. OF Maine. q member
OF the committee. occupied the floor until the
adjournment in the delivery OF an argument
favOrng the treaty's rattftration both on account
or its alleged commercial bene Ats for LhIs country
ana also On the grounds OF manifest political ex-
pedlency. He adduced detailed statistics OF the
present trade with Hawaii and claimed to show
that the provisions or this treaty were admirably
calculated to increase Il for the benent
OF our producers and manufacturers through
out the whole country. lie also stated that the
British colonies IN the Pacific Ocean nave made
propositions TO the government OF the Sandwich
Islands to negotiate q reciprocity treaty with
them, and that France and other European ma
tons have manifested u strong desire to sc cure
naval statiOus In those islands Mr.. hamn
therefore, argued that we should hasten TO pre-
vent their control passing into other hands and
more especially because. while thus obviating
future danger and difficulty. We should enjoy i'm
mediate and constantly increasing commercial
Dement'S.
GENERAL sHRRIDAN's RETURN To NEW Or
LEANs-THE FEELING ABOUT THE coMpRo-
MISE.
General sheridan left Washington to-day re-
turning TO New Orleans by way or Chicago. His
conduct in the late troubles is approved by the
President. When the pending Louisiana compro-
mise shall be fully consummated a portion OF the
troops viii be withdrawn from New Orleans. Late
private advices from that city show that while
lew ultra politicians on both sides not inclined
to settlement on the proposed basis, large ma
jOrity OF the people, including merchants and
Planters are willing for peace on almost any
terms as their material interests have been Sc
riOualY iniurad m N mi ioaIc
tons.
CoMMENCKs-OPINIoN OF THE ATTORNEY
GENERAL.
The Attorney General has given an opinion TO
the secretary OF the Treasury upon the question
as TO whether under the language employed in the
beginning Of the first section OF the act amending
the existing customs and internal revenue laws
approved February 8. 1875 the duties imposed by
that section accrue on importations made ON the
sth day OF February. the day the act Was approved
or whether That sec non takes effect on the 9th
day OF February, and thereby excludes the
eighth day OF that month. The Ian
guage OF the first section referred to
| Is as follows:--"Tnat from and after the
date OF the passage OF this act the following
OF duty shall be exacted,r &c. In connection with
this provision attention Is directed to the phrase.
the same act rhus. in the second section It is
declared "that from and alter the passage Of this
act there shall be levied.n &c, and In the
sixth section the same words, from and after the
passage" &C., are found. In the fourth section it
IL provided "that on and after the date OF The
passage OF this act . there shall be levied"
&c. The phrase which appears in the first sec
ton, "from and alter the date of the passage
varies from each OF the other p hrases mentioned,
ana It must be admitted that. considered
apart from the remainder OF the statute,
there would be ground for holding that the
day OF the date OF the act is excluded.
But looking at the whole statute, and especially
at those parts OF 1t which, like the first section,
impose duties. the Attorney General does not
think It was the intention OF Congress to make
any distinction as to the time when such parts
should 60 into operation. The most reasonable
view seems to be that the pnraseoogy US ed in the
first section was not meant by that body to have
any Specification eject different from that used
In other sections, and that the various phrases
quoted were employed simply az equivalents OF
each other. He therefore says. in answer to the
question submitted by Secretary Brlstow, that in
his (Attorney General williams) opinion the du.
ties imposed by the nrst section OF the act OF
1875 accrue on importations made on the sth OF
February, the day the act was approved.
THE NUMBERS OF THE CALLED BONDS.
The following Is Secretary Bristow's call for
bonds in detail They under the act OF Feb.
rusry %, 1862. The coupon bonds are OF the
fourth series:-Coupon bonds. $50. No. 1O.OO1 TO
No. 15, 4O0 both inclusive; $780, No. 81 sol to No.
10000 both inclusive $500, No. b. Sol to No 10000
both incusive ST. 0o0 No. 49, DOL to No. So O0O both
inclusive. Total, $24,063, 750 Registered bonds.
$50, No. 2OO1 to No. 1885, both inclusive; $780, No.
1851 to No. 743, both inclusive $500, No. ,65l to
No. a154 both inclusive; $1,000, No. 35.7Ol to No.
3s,073, both inclusive: $4,000, No. 1901 to No.
1880, both inclusive; $4,000, No. 1891 to No.
1884, both inclusive. Total, $3.50. $50. Grand
total, $50, 900.
The call natures three months from to-day when
the interest will increase. The bonds will be paid
on presentation at any time previous to the
maturity OF the call, either at the Treasury here
or BY the Assistant Treasurer at New York, with
interest up to the date OF payment, 1t Is now
certained that the Secretary has all along con-
sidered himself without discretion In the matter
and bound by law to call bonds in the order OF
their issue. The act OF March 8. 1875, when au-
thorizes this call, provides that 1t shall be made
in compliance with section 3,697 OF the Revised
Statutes and that section expressly directs that
bonds shall be called in the order or their NUMBER
and issue.
THE CANCELLATION OF aREENBACKs.
The outstanding legal tenders In the daily ex.
hibit OF Treasury balances to-day continue at
$780, 900, Co., and do not show, the reduction which
will be caused by the cancellation OF notes ordered
by the Secretary. There Is no resembling OF the
directions for their retirement. The fact il simply
that in the great pressure of business consequent
upon the preparation or data for the call for re.
demption Of bonds issued to-day, and other busi-
ness the matter OF csncelling the legal tenders
was not reached. 1t is. more than probable thas
their reduction will be shown in the usual olical
statement tomorrow. At any rate 1t Will only os
day or Two before that will appear.
BRIGHAM, YOUNG In JAIL.