Washington, October 7. —Secreta-
ry McCulloch has written a h-lter to a
gentleman in New York on the sub
ject of the national finances. 'lhe.sec
retary considers that the people of the
United States arc :.s determined to
preserve their faith as they were to
pay the s:2o’s in coin. There need be
no apprenension that they will be cal
led in-at the expiration of fifty-seven
years from their respective dates, and
paid in greenbacks. The policy of
contracting the circulation of green,
backs adopted by Congress, and which
is being steadily pursued by the secre
tary, should alone satisfy the holders
of the s:2o’s that they won’t be paid
in depreciated currency even were the
national honor not involved.
Gale on Hie Gulf Connt.
New Orleans, October 7.—A tre
menduous gale occurred at Galveston,
October Bd. Thepapcrs estimate the
damage to wharves, shipping, etc., at
$1,000,900. At noon the water innun
dated the gas works, so that it was im
possible to build fires. The storm
seems to have been general along the
gulf coast. Long details arc given of
ships lost, houses blown down, and
other damage. There are no reports
of loss of life.
General Slier in: in.
New York, Octobers.—A Time’s
special says the President’s telegram
to Sherman did not specify any cause
for ordering him to Washington. It
is supposed, despite the assertions to
the contrary, that ne intended to offer
Sherman the war office, but finding
the General’s friendship to Grant, ren
dered his acceptance of the offer un
certain, he hesitated to make it.
Indi in Matters.
