Show BY PACIFIC TELEGRAPH racial rr ciAL TO THE D DUtT T UM ull tt T TTE CUM 10 1 A t ia f X 6 a 5 i chic ifo ly in the senito senite sherman Shen nans loin fiill authorizes tit tho secretary or of tile ti tio 0 wiry ri reel tord ton d coupon build in in uch tuch fonn and denon as lie ito il liny il y pro prescribe cribe by interest in cali coin nd boning int iest nt not e exceeding x ceedie 0 5 per percent cent aci ri minni Iii pable able s semi till in to run not cL clending eLding 30 awis ans di of for not les lei le s thin 1 pi I tin the proc cedi to bo be tied excle iel in III ic dancing Ille ingo tile the obligations obligation i 01 of bel ednes of the united statts states except U S note sec 2 MO ides that the bonds i enod ailed under this net s shill it lie be know ini I 1 n as 13 tile the depo aitor tho the Ul united litel blates ind sli eli ill bo be aloin tuition tion in in ana am form b or tinder satte cip 11 or other local authority and th tint thit it in con conid fidei ci of the is ducody late the I 1 I 1 in shill alto aho be exempt aiom tit tic 0 on 1 see sec 3 aes ues ei tint tant the amount of in terest crest i u ed cd to the gohei guient shill 1 bo c applied to tile the ax pigments went lot tile lit hicie il and tint for tile the purpose or of hiaring inn ring the fie 11 and lit in lu ilu of tilt ali ell sinking 1 ing fund contemplated by the net act of fob feb 1862 the 1 I um of f at leist libity ni illion including tho the saving of interest ns as nl nii 1 l alb ill anni villy by ap plied piled to the redemption of tho the debt see sec I 1 requires file liol deis of 7 s 30 treasury trea wiry tury notes nolis to it iroini in ill ahn Sec t leia six before tho of such notes whether they betito 5 VW i bonds in aitu thereof and it li j 1 1 re coto to give such notice ill bo be dee i e d con causi e that such 7 shall bo be paid in 11 1 in fill money clinton clIn tol Z sherm he rin in in n of tho the bill it contained tyco tn 0 pro proposition posit ckel to excite opposition ni winita nil tile the exemption of vix ti and option of holders or of 7 aus lid ile s slid ild a strong feeling gros groin s out of the exemption from st saito to tie gioi of so laige in an amount of prop city anil and chile nc tle united stites bonds bond benr bear interest to that hicl in mot sattes on notes wd vid tit b subject it to citation ti tation this thia ferling feeling in in reality ill continue con to increase chose bonds bonda at ari now pow subject to but GOO e emption and in in tho the apropo yd will bo be in I 1 creased to 1000 oin g to tho laige amount bald alch cannot bo be ici ched and the rei diness IN till aich tile the it tit vc 6 i at avoided elded it to bo be met moie e 11 useless L less thili one tenth of ono one per cent on tile tho aggregate abbt this thia bill r edue ing tho the rate of interest IN ill sio si o I 1 eth per cent interest and be found lut but a trifling loss on income Shem Sher iiii int that the saving thus mado nith ith a further sum eum equal to 3 cecilta on thu the dollar all ill in ill till ty ae cars car nipe out oot the naolo diba thus in t erect paying tho the debt by the sai saving in of interest the second likely to excite opposition that kiich chich gacs option to the holders of 7 aus 1 I 1 tm his option will compel the secret Seere tiry iry of tio the ire iron is nry 1 I to accumulator accumulate N mist at bums for a contingency thi tin gency gency hit elvit not happen and places the ho mercy or of sudden cc combination w when he n notes in to avoid aro ul this tile the bill requires atres custom awl law of glang notice of no option I 1 ilen then it will bo be held to bu be ft a choice of money and the M ill litre hive six si months to prepare for it sherard Sheri inn said tho the bill wis approved 1 9 L alo treasury and etui i been paralilly pArti part illy lilly considered by alo finance in ice conlin committee ittel it irvill ill bo ba expected that holders of present bonds lull not convent t them aint ly all of out oui securities TI ill be soon with in scicli by in antl and it is tho the con aidt lit belita thit that this proportion of reducing the lie I 1 lato ate of interest I 1 ill bu be so fir an nt tle tie conflicting int ciet of borill bond holder an and d tax taxpayer payer tint flint it ill bu be by both and thus consolidate in tile the deposit of thi the united states all the hie adana igo propos ed cd iv ly the bill it will wil be more properly y co aben hen it is 18 it polled to lite senate in III the it L iii lint but I 1 light to submit it to the bial test of pub 11 lie c judgment en emr rn one 1 vvhs I lie pa s taxes oi 01 nho ho holds nationiel nati onil liew 1 ahe I he bill rt referred to tho the finance com bittke a ir ants the new lork times of si ilic ilare um M most olebly lied in III finin fin in ca cail I 1 circles circle 13 and it is understood as III huing I 1 bali shaped to met thy the cupful con sider alion ot of view flews by secretary me ale culloch aliat hat tho alio inea inva guio NN vill I 1 11 bo be ac con and acad upon in thelan the ive ine irle no deion to doubt I 1 1 lilt irit the bonds for lie 1110 1 of bich it pio ides ules can bo be tilted it at I 1 pir ir vo A e led feel I 1 nall ell as ared in tile present rempei of tho the money mm mil ket niall tile enormous accumulations ol of idle calil capkin bil in ct cantis and in view ot of ling nw liw the lea of pi lellig icing collell billed livo five pet pel cent long d dite tie coin bearing clintion niti onil it lie ut tit not dot leas thin par cannot bo be questioned lt ib e illy designed not to increase creaso in but lund fund the public debt anil and for its ib ste idy hemd won on a as ell scicli ch and with tho the ei and n anity ty accrued to it it cannot nil fill to rind find subscription now nov commini coin com muni cation interrupted b storm on line ca interest is attached d lo in the ledent of rich dep deports oItS ol of parit s and gold golabi bearing quartz li above wa washington un oil the roti rolo mac inc near the oreal fiilds A clock co company 1 I pany lis LIB bern been organized ith a ct capital antal of I 1 A pot poh erful el ri ige iLine for crushing and alie oro ora is on the iho ground tho the election cicci ion of a all quinz it iz mill tad and cornah Corni ili min eis fi aund thu direction of tin en itier r aru aro tho the rich ledges of th the I 1 loperto arty the mint ariy of the stir lacu Iule rocky rocks yields ields per toil qt ot 2 couo poin as ds alie I 1 aulph tinH tile me in ex a of tit at A 11 jurnal J Juri uil of taif oaty ot nt thu intel ier has pre pared a addres to ill all tile ho ml mining 11 in g as in the gold an and I 1 gilstr r mining r giona of the wet west in to lo kiei jit ns boin ilnia nil all the ores orea within J two ye yvain 11 8 it li is the opinion ril the seere seen tary v I 1 ill ih t hus 1 ii wo ivo at the pali nt mile tand most varied nd ind instruct iio ne cabinet of orti that C exists ro in tho the world q lans I 1 li neasure is introductory to the wen df n imie it or mining alining ami abid aim brals which the ny ibern minin g inter ats r icille line rican jw adul nal aal and a properly pio perly colu danl 1 be beJa teak ne ae a n e rire istre v a VT arom L 11 1 P aco goergo samson Si nion milti to hill bric floell linex if now V llobet ahto tie of march 1 41 ht gl an ing it in in trusting 1 glaettli of if tho corinti ill anil ini nii ci from liichi ing tinaco tit it ney ncy 13 undo livido III k giors 1 11 litel up lip 1 I tit tion adint suit still and stopp inia iger luo lite en yi el night ill sol ho 10 0 couo on 11 all I 1 igei an anil d I 1 alio to 10 id if ba ing one lite 0 f r and wa n ot of dilria lin ille nil all tho the MI a tillI tile cost coa I 1 rom pan tin till i it to ct on tho tit a stennitt ston niti tl is 10 ati I in lio ho e clofa lium theia to art it 6 1110 MI up to lo li 11 Is i is tit mound aund emile IM ihne ildi a and lid then up ill tile rivet pat putt i llin is i 1 in I ile ido in ill set it d alis 13 s another M i 11 la is to go up lip a all ailet inel iiri ackiss nil mi IA iiii of if a about b 61 it t tin ill co cc mile little ali como into t allm ho pa tei this is ulu in li I 1 a dal 8 1 lie he III ig g j g diio igo is can cirild id 0 HIT er b 1 tile I 1 ja it es ibid 1 in gi gidos oes fol foi foit ful t cents pel ono I 1 ed i vo ullI 1 I 1 hese no 11 1 ill viii C lium 1200 ti it liuo ZIO r on oil tonii tedi b clis tile ight lesing if il ii t sling eling haslag ng over tin tilt 11 I 1 aad c 1 I 1 lu llafet rai er ii im ge much deeper alan the S mer I 1 I 1 er and caubo e tit be 1111 ig cited ni to D it li ti is and fir abo 0 b 13 ux ait I 1 lliel is 13 n alea till nt and thriving little pi ice tile lilt lidi till 11 tho coit co it 1 8 av hel alclo 0 tile corive 0 1 ange leill olf b nit t cocoi oco 1 I bin til i and it of nil 1111 gi dmn wild but tho p ico ot of onu one acio net 0 ol of ground vi aund tint tile RIO niu indolent lirie battilo so sd III bountiful iti full pro its for them is nothing tobe tn bo at besides thase tile 1110 plenty iii it hilf lium alie ill shun and 0 ahi oihi i beds lit in abend inco 1 alio I llio lie lt s lot 8 in size and ill lanoi III tire not inal to ana an lilt flint c in u bo be li id lit in ne yol yolk k 13 it bacoka baco ka is is mi all filth filthy pl will ail li inno streets and 1 tid out lit in a most mi and heto heio theoines the mines continence |