Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1877-12-05

0S'
selves to the utmost. He thought b. discus.
s;oo was premature, Even with lhs tax of
22O cents the town did not pay Que cent OF in
terest. The FIusnce Committee bad been Dor
rowing borrowing! horrowiop Ho thought
the blauk ba.cg filled with 81 w would 70 far
towards inducing the recalcltrsnt bondholders
to come into compromise.
Mr.. Beckham with all RESPECT Tor the Finance
Committee thought that while th Ir plan hf
taxation was much heavier than his, 1t DID not
produce az much money. They deducted rs
Ger cent of the whole so 900 FIR the expenses
Ut collection. He thought bait that suu ought
- be abuudsutly aut6,eot. He could noi vote
q uuthOliz; a higher rate IF taxl'lon than $50
r"p's.
Mr. La,hsm r2spoud j thai b 'cru-e Gruucl
could uot, after The l. giSIaturr adopted the
bill, lay greater tx than 81 90, nothing gre
vented it from eVylug less tax.
Mr. Beckhsm moved TO strike GU, 200 oeuts
aud Insert $50 csnts
The substitute was lost-veas 3, nays 7.
The section limiting to $500 was adopted.
and the bill as whole was agreed to.
Mr.. Hill made some Inquiries IS to the effect
Of the bill on the arrears Of interest, and
Mr. Latham expressed the opinion that the
arrears of interest could be funded at par less
the tax due on the COUPONS.
Some time was spent 10 waiting for tho
Board Of Aldermen to act on the compromise
bill, aud then the Board adjourned.
News Of the Day.
The y. 8. Treasurer is advised Of attempts to
cheat the Government and Innocent parties by
practiciog what is koowo as the piecing pro.
cess. whereby given number OF currency notes
oil like denomination are cut 10 pieces and go
| pasted together az to give az increased numbcr.
They generally take ten notes. and by cuttiug
| and adrot pieciog. make eleven, thereby gain.
! iDg oDe at the expense of the other ten. The
| dlmiuishrd get into the hands Of innocent hold
ers, az when Sent to the Department for re
demptioo, they are at oace detected by the
| Treasury experts aud thrown out. and in nine
cases out OF ten 40 inpocent holder is the suf-
ferer. The regulations for redecmiog mutilated
curreooy do not admit OF the redemption of any
less than single part Of a note containing at
least Que. half of the original. which makes it
still harder for those into whose hands these
nicely pasted fragments fall.
Tie case of Richard B Connolly was up for
| trial 10 New York yesterday. His COUNSEL said
that Connolly would not iect the people to
the burden OF trial, aod consented that the
| plaintiffs take verdict for the amount Of their
claims. The amount claimed was then figured
out at S. 527. 10 Is, aud Judge Davis directed
| the jury to return verdict for that amount.
10 New York, this morning. motion for a
writ of error and stay 10 behalf Of r. l.. Case,
the convicted and sentenced president OF the
| Security Insurance Company, was denied His
| counsel then urged stay of proceedings un'il
the general term reviews points raised 90 trial.
The decision was res=r7ed
The steamer America, from Bremen for New
York, collided with the ltaIiao bark Ueile from
Baltimore for Queenstown. The UtIle sank,
carrying down with her Captain Mesa, the
mate and two of her crew. The rest OF the
crew we're saved aod arrived at Southampton
90 board the America
Orders have been issued from the War De
partment for the departure of Du nber OF
troops-osvalry artillery aud iufautry-to the
Rio Graude, where they will be stationed for
the security of the people on the frontier from
rsidug parties.
Geo. Turner, late U. 8. Marshal of Alabama,
applied in court to be reiostated 10 Office uoder
the tenure of Office sct, bis successor not hav
ing been confirmed by the D. S. Senate.
Teo to twelve persons persisted 10 the turolog
OF The steamer Lotus NJ. 2 90 the Mississippi,
at Waterloo, Louisiana, GU Saturday. The lost
we're deck bands and roustabouts.
Col. Robert Tyler, SOD of the late President
Tyler, died at Montgomery, Alabama, 90 Sun.
day night.
The National Trust Company. of New York,
took advantage Of ten days notice to its dcposi-
tors to day.