The New York Herald Newspaper, February 20, 1874, Page 3

WASHINGTON. Cameron’s Substitute for the Cur- rency Bill Rejected The Result of the Financial Battle Still Uncertain. Progress of the Debate on the Public Printing and the Franking Privilege, Wasntnaton, Feb. 19, 1874. Cameron’s Substitute for the Finance BILL Rejected by the Senate—Desertion from the Ranks on Bo Sides of the Contest=Equal Confidence of the Op- posing Forces. im ‘the’Senate the great interest which has cen- ‘red in: the solution of the financial question reached ite height to-day. During the early part Of the day long and frequent consultations were held in the President’s room at the Capitol by Aalling Senators in favor of inflation, and the forces were well looked over by the command- dng generals, and it was ‘agreed that the “more money” men had nothing to fear by inviting’ ‘the-final arbitrament of @ square vote on the péend- ing question, which was Senator Cameron’s amendment providing for free banking, without ‘restriction, When the consideration of the ques- ‘ten was taken up in reguiar order Senator Howe surprised the chairman o} the Finance Commiitvee, Seaator Sherman, by avowing, in some explana- tory remarks, that he had changed his views somewhat and would vote for’ Sen- ator Cameron’s amendment. Expectation ‘was on tiptoe, looking for an immediate vote, and the tally lists were prepared for the “yeas” and ‘nays” on the amendment. No one expected any more speeches, when Senators Logan and Schurz, who had been bantering one another the day before, again took up the foils and read extracts from the financial articles of sundry papers to substantiate their respective views on the rellability of the press in dissecting the condition of the money Market. Senators Buckingham and Ferry fol- lowed, breaking in upon the concentration of anxiety on what was supposed to be the closely impending vote. This wae the signal for other similar demonstrations and the Senate was again provoked into speechmaking. Senators Morrill, of Vermont; Morton, Sherman, Flanagan and Bogy, the latter of whom made a practical speech in favor of additional circulation for the Southwest, addressed the body, and so the time wore on until late in the day, when the lengthy debate, which had crept in pending the vote, was brought to a close, The question was called on Cameron’s amendment, notwithstanding the earnest depre- cation of Senator Sherman agatat its adoption, which Senator Morton and those acting with him merely smiled at, though the appeal of Senator Sherman was earnest and impassioned in tne ex- treme, in contrast with hia usual calm and delib- erate manner. All further expostulation was euperfinons, and the “yeas” and “nays” were called near the hour of five o'clock, the absorbing interest of the moment being depicted on every face. At last the vote was over, and the expres- sion of the friends of the measure was full of mor- tafication and disappointment, when it was an- nounced that the measure was lost by twenty-six “yeas” to thirty-two “nays.” Next followed a vote on the amendment by Mr, Gordon, which was lost by 26 “yeas” to 30 “nays.”’ An amendment was then offered by Senator Coopér providing for free bank- ing, with restrictions, and the convertibility of Jegal tenders into gold at the Treasury Depart- ment, as a substitute for the amendment of Sen- ator Merrimon, which was placed under discussion again. Senator Conkling, who had been ailent all througn the previous debate, arose to deliver a lecture to she Senate for the folly of their course, which Senator Oglesble complimented, ana, in a long anda fiery speech, full of professed patriotism, and advocating expansion, consumed the balance 1 the session, which lasted until six o’clock. The Senate then adjourned, leaving the question open as heretofore, To-morrow the efforts of the in- Mationists will be renewed for more currency, as they are still undaunted. Some surprise was manifested by them at the votes of Senators Allison, Goldthwaite and Merrimon, which ‘were recorded in the negative.. They had relied on them to carry the free banking measure. The vote ‘whereby the amendment of Senator Cooper was accepted by the Senate in place of Senator Merri- mon’s will be reconsidered to-morrow. The anti- inflationists are confident of being able to carry a motion to recommit on the whole question, while the expansionists are assured of their ability to pass @ resolution instructing the Finance Com. mittee to report a bill for more currency, Earn: est consultations are being had to-night, and to- morrow, if, as is apprehended, the negative votes of Senators Allison, Merrimon and Goldthwaite do not augur defection from their committal to the acheme of additional circulation, the coalition of the West and South will carry, by a small majority, the vote to provide for more money. A determined struggle may still be expected, if a compromise be mot entered into whereby some of the conserva- tive men of the Senate among the inflation- ists may change their votes and consent +0 & recommittal without instructions. This is, ‘however, doubtful. In the present mood of the in- flationiats, they contend that they can carry their measure to-morrow, though one cannot tell what a day may bring forth in the Senate, according to ita present temper. Some unexpressed convictions von the expediency of the measure may 80 change the complexion of the opposition thata ‘vote to recommit may be thus successiully carried. Tne most intense interest prevails to know what ‘will be the final ultimatum. There is only one way ‘whereby the recommittal of the bill to the Finance Committee may be had, and that is the gaining of & few votes by the anti-inflationists from the ex- pansionists, which is very doubtiul. But as several of the Senators go out to dinner to-night, and may g@et talking good-naturediy over wine, a truce may be had and the dignified body may put this troublesome question on a shelf in the committee room, there to let it rest for the present. If Senators Cameron, Morton, Ferry of Michigan and Logan decide to be persistent in ‘their advocacy, as heretoiore signified, it will pe @ very dificult matter to silence them into an sequiescence with the views of Senators Sherman and Conkling, the latter of whom, from his tempera- ment, is not.so well calculated as he might be for @ good second in diplomacy, The Senators ac- knowledging freely that they change their minds, there is no salety in making an estimate even from the closest observation and inquiry as to the result, The best informed to-night do not pretend to predict what it will be, but it is safe to say that this session of Congress must, before it adjourns, Provide some means for securing more currency Circulation to the South and West, or else those sections will be loud in their expression of their dissatisfaction with the financial legislation. The Franking Privilege in the House. ‘The bill to provide for the distribution of public documents, and seeds and the free exchange o¢ \Mewspapers between publishers was the subject of an interesting debate in the House to-day, which \ghreatens to be protracted into next week. The Chairman of the Judiciary Committee asked unaat- mous consent to report the Geneva Award bill, but Mr. W. R. Roberts, of New York, objected, and the privilege was not granted, To-morrow will be devoted, as usnal, to the discussion of private bills, Saturday to debate and Monday next to buncambe, and so the session wears itself along im words—only words, ' Phe Tax on Brandy and Leaf Tobacco. Representatives Buckner, of Missouri; White- heaa, of ¥irginis, and Crossiand, of Kentucky, respectively argued to-day belore the Committee on Ways and’ Means in favor of removing the tax on leaf tobacco, Representative Luttrell, of Call- fornia, argued in support of the proposition to reduce from seventy to filty cents per galion the tax on fruit and grape brandy. The argument Will be continued to-morrow. The Commuasioner NEW YORK HERALD, FRIDAY, FEBRUARY 20, 1874.—TRIPLE SHEET. Of mrernal KRevepue was present by invitation of the committee. Indemnity for Indian Outrages. ‘The House Committee on Indian Affairs are en- gaged on the subject of indemnity ‘or Indian outrages. According to the present laws deduc- tions are made from the annuities of those only whoarein amity with the United States when depredations are committed by any of them, while there ig no such provision affecting Indians who are generally bostile but who receive government aid, The object of the committee is to frame an equitable plan of indemnity, Decision of an Important Land Claim. ‘The Attorney Genera! has decided that the lands granted 10 the State of Alabama to aid in the con- atrnction of certain railroads in that State, and which have been in controversy between the | North and South Alabama Company and the Ala- | bama and Vhattanooga Company, belong to the latter company. Reported Discovery of a New Planet. Dr. Peters, of Hamilton College, New York, tele- graphed to-day to Prolessor Henry that he has ais- covered a planet in 11 hours 19 minutes right as- cension, plus 4 degrees 25 minutes declination, The motion is parallel, Courtesies to Chief Justice Waite. Chief Justice Waite was on the floor of the Senate some time this afternoon, and was introduced to most of the senators by Senator Sherman. Secre- tary Beiano gave @ dinner to Mr. Waite this even- ing. The guesta were—The President, the mem- bers of the Cabinet, the Associate Justiees of the Supreme Court, and Representatives GunckeA and Sherwood, of Onio, FORTY-THIRD CONGRESS First Session. SENATE. Wasmrncron, Feb. 19, 1874. {HAT SEAGUR ISLAND SITE. Mr. Scorr, (rep.) of Pa., presemted a memorial ,of merchants and prominent citizens of Phtladel- phia, protesting against the leasing of the site near League Island fora powder magazine. ferred to the Committee on Military Affairs, Re- Mr. SHERMAN. (rep.) of Ohio, presented a me- morialoi -200 bankers, merchants and others of Illinois, many of them leading firms of Chicago, protesting ugainst any increase in the volume of the paper currency. Referred to the Finance Committee. Mr. Logan, (rep.) of Ill, said he had heard of that memorial, Some of the men who had signed it. had been the first to close their doors last fall, and had refused to pay their depositors or had paid them with all kinds of paper, At the proper time he intended toypresent a memorial to the Senate which would show what was the prevailing sentiment in that part of the country, AN APPROPRIATION FOR BUFFALO. Mr. CONKLING, (rep.) of N. Y., from the Commit- tee on Commerce, reported favorably on the bill @ppropriating $20,000: to dredge and protect the nayigable channel at the moath of the Buffalo River, and to remove the sandbar caused there by the gale of December last, Passed. EQUALIZATION OF THE CURRENCY. At the expiration of the morning hour the Senate resumed @he consideration of the bill to equalize the distribution of the currency, the question being on the amendment of Mr. Cameron, with instructions to the committee proposed by Mc. Merrimon. of North Carolina. Mr. Cameron’s amendment repeals ali acts of Congress which limit or may be construed to limit or restrict the entire amount of national bank notes for circulation, and provides that, hereafter, associations orgarmized or that may be organized for carrying on the business of bankin; shall be free to establish and organize national banks with a circulation at any pl several States and Territories of States, upon the terms and conditions and subject to all the restrictions and limitations provided b: law, except the limitation upon the amount 0} the circulation, which 1s hereby repealed. “OLD TECUMSEH” ANSWERS TO HIS NAMB. Mr. Ferey, of Micnigan, said that while he was in favor of the government issuing all the currency, e Was Tency if he could not have the entire circulation in willing to accept the national bank cur- greenbacks. Relerring to the value of greenbacks and the act of Co! credit, he saia if was not so much the services of the gentieuian (ar. Sherman) as chairman ngress to strengthen the public of the Finance Committee which strengthened tne public credit as it was the services of the other Sherman | marching to the sea and Grant fighting in the Wilderness, dust a8 Mr. Ferry referred to ‘the other Sher- man marching to the sea” General Sherman en- tered the Senate chamber by the main door, his eutrance at the moment when his name was being Mentioned creating some amusement on the floor and in the galleries. Mr. MORRILL, (rep.) of Vt., read from the Speeches of the Senator from Indiana (Mr. Mor. ton), made several years ago, toshow that the (oes was in favor at that time of redeeming | egal tender notes in coin and the early resumption Ol specie payment, Mr. MorTON said he was in favor of specie pay- ments then; but he did not think the present was the proper time to begin, as our industries were greatly depressed on account of the panic. All through the West there were towns of 2,000 and 3,000 inhabitants without a bank, and they could not get one. ‘They should have some means to get banks, as they wanted them. If this was contem- plated it should be put off so long that it would cause no distress. The great question of t demanding immediate action is one for increase: banking facilities. Mr. MORRILL, of Vermont, read from a reported interview with Senator Morton, published in the New YORK HERALD, in November, 1868, wherein he declared himself in favor of a return to specie permant and would fx the time at January 1, 871, A letter subsequently written by Senator Morton to another New York journal was to the same effect, He (Mr. Morrill) supposed that here- after, according to the theory of the gentleman drom Indiana, that, when an individual became too full of the ardent he would not be inflated, but would only have a su; ’. ughter.) Mr. MORTON satd rena (itr, Morea showed himself to be @ faithiul reader of the New YorK HERALD and the other papers and kept files of those pavers, which he couid cut from when he desired. He did not remember as to the inter- view, but represses it was correct as the reporters of the New YORK HERALD did not say anything but ‘what was true. He (Mr. Morton) believed in 1868 that specie payments could be resumed, The times then were more auspicious than now. Mr. Boy, (dem.) of Mo., argued that the West had not the necessary money to carry on its in dustries, and was suffering from that cause. His State had but six millions of banking capital, while the city of Boston had forty-nine or fifty millions. There should be no difference among Western Senators on thia subject. He was in favor of free banking law, an the Senator trom Pennsylvania would pass. The question being on Mr. Vameron’s amend- Ment it was rejected—Yeas 26, nays 34, as follows: Yxas—Measrs. Bogy, Brownlow, Cameron, Carpenter, Clayton, Dennis Ferry (of Mich), Marvoy, Hitencosk: Howe. Johnston. rogan, Mitchell, Morton. Norwood, le: 7 i rson, ,, Prati, 2) . ly Bpencet, Tipton, West, Windom and Weight =26 rate Navs—Messra,’ Allicon, Anthony, Boutwell, Bucking- haw, Chandler, Conkling, Conover, Cooper, Cragin, ert, (1 Davis, Fenton, Ferry (of Conn.), Frelinghuysen, Gut ‘ons jerrimon, Morrill (of Me.). Morrill (ot Vt), Sargent, Schur: Sh ‘ t BtOo! as, Stevenson and rsey, Who would have voted in Goldthwaite, Hager, Hamilton ‘of Ind,), Hamlin, elly,, MeUreery, Merrit n. Morrill (of Me-), Morrill (ol ma wart, 51 = toir’ Summer and Wadieigh—32, ea Messrs. a 8 Gordon, Bamilton of Tex: the affirmative, were red with Mesars, Flan- #gan, Saulsbury, Ingalls, Sprague and Edmunds, ‘Who would have voted in the negative. The question recurring on Mr. Merrimon’s amendment, instructing the committee to report as soon as aan eral @ bill providing for an in- crease of national bank circulation, so that the whole volume thereof shall not exceed $400, 000,000, Mr. GoRDON, Of Georgia, submitted a substitute, instructing the committee to report as soon as practicable a bill for free banking and providing tor the convertibility of United States Treasury notes into low interest bonds or gold coin, at the dp of the government, and the bonds converti- bie into Treasury notes at the option of the ho.der. Rejected—yeas 26, nays 30. Yeas—Messrs. Bogy, Brownlow, Buckingham, Came- ron, Carpenter, Ue Conover, Cooper, Davis, Den- is Ferry of hticn, Gelathwatte, Har Hitehicock, jobnat Logai a Or wi irson, Pease, Prate Ramey, Hopermon, & encer, Tipton, Windom —Measts, reman, Boutwell, Uhandier, Conkling, Ct nton, ag of ‘Me., Morrill of Vt, sar i Ee ta 5, MOI 0, Biewart, Stockton, Sdmner, Wadleigh, Weight), Mr. CoorER, (dem.) of Tenn., moved to insert the following a8 & substitute ior Mr. Merrimon’s amendment:—That the Committee on Finance be instructed to report a bill providing for the con- vertibility of United States Treasury notes into gold coim or five per cent bonds of the United States, and also for iree banking under the provi- sions of the National Bank act. Adopted without 8 roll call. The questton then recurring, on motion of Mr. Buckingham to recommit the bili with instruc. tions al provided by Mr. Vooper’s amendment, several Senators inquired if the substitute of Mr. Cooper had been adopted. ‘The CHaik announced that it haa, no one having ealled for the yeas and nays, Mr, MorTon demanded the yeas and nays, The Cuan ey feng ney it was too late, the vote having been announ Mr..MERRIMON moved to reconsider the vote by Wai pee substitute of Mr. Cooper had been Mr. CongLING said if Senators wanted an tion of the iniormallty of this whole submytted suey bad W now. Tye wes hoped the amendment of been going on without the approp! Of the Semate having given to the Se which might be termed a finaneial schem had been several bills rom the Finance touching the skirts of the general question, but a: the Senate had been proceeding it ha been denying itself any scheme well sidered by the committee. ‘the — proposi- tion of entleman from Tennessee just adopted need no ex-Yecretary of the treasury, no expert in finances to explain it to the most ig- norant member ot the Senate, It meant both ex- pansion and contraction, The proposition looked upward and looked downward. What had the ben- ate been doing exce| pe} spending time in making what he had heard politicians call @ record, and one which would not be uselul hereafter. All the Senate had been going was dealing in nebuious generalities, He thought the bill might be allowed to go back to the Finance Committee without in- structions, and let that committee work out and report some plan which would command the approval of the jority of the ate, He appealed to Senators to put an end to this discussion by recommitting the bill without instructions, He had wasted no time and had said nothing upon the subject till now; but he must that he felt he would fall short of hia duty uf he did not add his voice against any pew issue of irredeemable paper money. There were many things he did not Know; but one thing he did Know, and that was it would launch this nation on @ sea without shore, without harbor, to deciare in favor of an increase of paper money. That proposition involved a falsenood, a lie; and @ le in the end would upset Oa irom an apple cart to an _ empire. was false that @ stamp upon paper transferred it to @ dollar. The coin dollar represents the cost of production, and paper mouey was merely symbol- ical of that dollar. When there was no coin dol- lar belund it {t was merely @ false promise to pay. He would nothing about the Legal Tender Act, but he would say, when no war engages the coun- try, when no Sigg yee necessities could be plead, guilty and mad indeed, in his belief, would be that action by which the two Houses of Congress would undertake to solve the financial probiem of the day by an unlimited issue of irr- deemable promises to pay. He again appealed to the Senate to stop this splitting ol hairs and let the Committee on Finance resume pussession of ths question and bring in some measure upon which the emtnent gentlemen around him sv learned in finance shoulu agree. Mr. OGLEsBY, (rep.) of Ill., said ne thought there wasin the Senate to-day the ability, intelligence and experience to compare with the most {avor- able era of the American Republic. He had oeen benetited by the discussion on this subject, He commended the wisdom of the republican Con- gress, which gave the country greenbacks and the national bank system, and bad no doubt he re- Mected the feeling of the whole country when he made the assertion the greenvack currency was @ noble one and sealed with the best blood of the ABCD It would be redeemed in gold, every dol- jar ot 1 Mr. MORRILL said it was now half-past five o'clock, and, as it was evident the debate could not be closed to-day, he proposed the gentleman would give way to a motion to adjourn, Mr. OGLESBY said he did not want the Senate to adjourn in the middle of his speech, as it would leave it with no more intelligence than the resolu- tion which he heldin his hand—holding up Mr. Cooper’s substitute. (Laughter.) Resuming, he said be thought that the resolution would become a very important paper in the bis- tory of American financial literature, and he would take it with him to the people of his State. Pending the discussion on the motion to recon- sider the Senate, at a quarter to alx, adjourned. HOUSE OF REPRESENTATIVES, WASHINGTON, Feb. 19, 1874, Mr. SCOFIELD, (rep.) of Pa., from the Naval Com- mittee, reported a bill changing the title of first assistant engineer in the navy to passed assistant engineer, and of second assistant engineer to as- sistant engineer, and providing that tbe course of instruction at the Naval Academy for cadet en- gineers shall be four years instead of two, this lat- ter provision to apply to the class of cadet en- gineers entering the Academy in 1874, and to all subsequent classes. After explanation toe bill was passed, ‘Mr. WuurTs, (rep.) of Ala, from the Judiciary Committee, reported a bill to provide for the elec- tion of the two Representatives at large for Ala- bama, unless the Legislature shall otherwise pro- vide by law before the time fixed for the election. He stated that the necessity for the bill arose from the failure of the Legislature to redistrict the State, one House being democratic and the other republican. The bill was passed. Mr. WHITE, (rep.) of Ala., from the Judictary Committee, reported a bill to divide the State of Louisiana into two judicial districts, Referred to the Committee of the Whole. Mr. BUTLER, of Massachusetts, asked unanimous consent that the Judiciary Committee should have leave to report at any time tne bill for the distribu- tion of the Geneva award and the Senate amend- ment to the Bankruptcy bill. Mr. W. RK. RopeRts, (dem.) of N, Y., objected. ar. NRGLEY, (rep.) Of Pa., presented the memo- Tial of the shippers and merchants, &., of New Or- leans, against Military interference with the mouth of the channel of the Mississippi River, Be- iJerred to the Committee on Commerce. THE MAIL SERVICE AND THE FRANKING PRIVILEGE, The House then, at a quarter to two o'clock P. M., took up the bill for the distrivution of public documents printed by authority of Congress, seeds furnished by the Agricultural Department, for the free exchange of newspapers between publishers, and for the free transmission of weekly newspa- pers within the county where published. Mr. Kasson, (rep.) of lowa, gave notice that he would offer @ substitute for the bill, providing that all extra numbers of documents printed by order ess shall posed of; the Agricuitural Report and the abriagment of the President’s Message and accompanying documeats at twenty-five cents per volume, and all other documents at the actual cost of the paper, stitch- ing and binding, and that weekly newspapers shall go iree in the malls within the county where Publisned, but shail not be delivered by the post office carriers unless postage shail have been paid at the usual rates, Mr. MONROE, (rep.) of Ohio, gave notice of an amendment to strike eut of the bill all the pre- visions looking to a continuance of the system of distrivuting public documents. Mr. SCOFIRLD, of Pennsylvania, stated that he Would vote against the whole bill except the third section, which provides ior the free transmission of weekly newspapers within the county where published, and of newspaper exchanges. He would support that, but would vote against all the rest of it, in accordance with the pledge which the republican party gave in the Convention in Phila- deiphia in 1872 to abolish the franking privilege and keep it abolished. But tf the bill were to pass he would propose an amendment to strike out the words ‘‘without charge,’ and to insert the words, “without the prepayment of postage, but the amount thereof shail be stamped on the wrapper, and paid by the person receiving the same.” MR. KASSON’S SUBSTITUTE. Mr. Kasson proceeded to address the House in nod ehh he the substitute of which he had given notice. He argued that under it every citizen would have (ashe should nave) an equal right with every other citizen to possess himself of any jal? document that gives information as to any ranch of the government. The effect of the franking system was that in republican districts representing two-thirds of the United States but a mere iraction of the political opponents of the party were likely to obtain information. It coula not be defended on any ovher principle than as subsidies or perquisites to members oi Congress. In reply to the objections that the twenty-five cents price fixed for the Agricultural Report was less than the cost, he said that his object in Suing that price was to make it easily obtainable by every person, and that tne rule in England was to fix the price of ublic documents at less than the actual cost, As jo the fee A rage he remarked that the Forty-second Congress, which had been censured by the public tor some of its actions, had never been censured for the abolition of the tranking privilege, but now the Forty-third Congress was asked to undo the one special reform act of the Forty-second Conaress. He replied tothe argu- ment that the carrying of tree matter would not add to the cost of mail transportation and ne showed the Jallacy of that idea, quoting from a New York paper of yesterday to show that the mail lettings just let were made ata much less rate than the | yoda lettings, He had been told this Poin oy the head of the contract omice in the Post Office Department that over that vast district west of the Mississippi and north ot Kentucky and Tennessee the mail lettings were filty per cent be eared thirty per cent) less than the last let- ngs. Mr. ELDRIDGR, (dem.) of Wis., aeked him whether half of theee contracts were not let on straw bids and whether they would not be given up. Mr, Kasson replied in the negative, as the bid- ders were now required to put up deposits, ana deposits to the amount of $1,250,000 lad been put up the other day. Mr. ELDRIDGE also asked him whether he be- leved that the reduction in the mail lettings was because of the abolition of the (ranking privilege. Mr. Kasson de that pares it was owing to other ching, but that he ed it was largely owing to the abolition of the franking privilegs and the stopping of the car loads of books which used to be distributed. in that great Western country they used to take sacks ol books by the dozen, load them on their coaches, and when tne coaches got into mud holes turow out these sacks to fill up the mud holes, and run the coaches over them, leaving them to be pickea up by Indians or immigrant trains, Mr. Brox, (dem.) of Ky., called be te Mr. Kasson to explain why the estimated deficiency tor the Post ice was larger this year that it was last ear. if Mr. Kasson declined to enter into a discussion of the finances, and proceeded with his nt. He asked the republican members whether, the o1 Congr be sold and ye they were elected, bong 4 Were to go back on the rm on which they had been elected. Hi back ir one, would not 18 on his ledges unti Noe people had manifested their will 0 that effect, would show the House what the voiee of the people to the Forty-second Cong: THE VOICE OF THE PROPLE. Here yo ped placed upgn bis desk fous lance waste baskets fitied with memorials for the tion of the franking privilege, while from all sides 01 the hall came interruprions and questions bear- ing upon the point that these petitions nad been got up by the \ostmaster General. In the midst of the noise and contusion the Sveaker’s gavel in- | dicated the close of Mr. Kasson’s hour, and objec- ben- | tions were made to an extension of bis time, Mr. TYNBR, (rep.) of Ind., next took the floor. He said that be should support so much of the bill thorized the tree transmission of weekly newspapers within the county ot their publication, and of exchanges between newspaper offices; ne should oppose that portion of the bill which provided for whatwas equivalent to the free dis- tribution of public documents. He arrived at nis conclusions, however, by a different course of rea- soning, paseos from that which led otner gentie- men to like conciusions, He reviewed the history of the question, quoting trom the reports of the Postmaster General, but only to discredit them. He stated that altnough 34, petitions had been sent out by the Postmaster General tor the aboil- tion of the frankiug privilege, there were only 20,000 returned, and it had been the opioion of the Post Office Committee of the House that the names did not represent ten per cent, perhaps not one per cent of the voters of the country. One of the reasons why he _ should vote ainst §=that portion of the bill authorizing the free distribution of documents was that he wanted to deal sairly with the Post- master General, and to give him one year at least todemonstrate the acouracy or incorrectness of hia calculations, He calied the attention of the House to the fact that the Postmaster General's estimates for the next fiscal year will show @ prob- able deficit of $4,636,363, to which was to be added the amount to be paid lor official stamps for the Executive Department, making the real deficiency $6,836,363, or Over a million and @ half more than the deficiency of last year, He believed that the next official report of the Post- master General and ali other official reports would show like deficiencies, and therefore it was bis opinion that the abolition of the tranking privilege Would not diminish the Post Office ex- Penses one dollar, He believed, however, that the stoppage of the free circulation of public docu- ments would result in an annual saving of half a million dollars in the matter of public printing; and, for that reason and the other which he had mentioned, that he wanted -to give one iull y to test the accuracy oi the Postmaster General's report, he would vote against that feature of the bil. He would make the weekly papers and ex- changes free, and then he would compel prepay- ment on all other Rewspapers, by which he be- Meved the revenue of the Post OfMice from that class 01 business would be doubled. DISCRIMINATION IN FAVOR OF THE SMALLER NEWS- PAPERS. . Mr. TOWNSEND, (rep.) 0! Pa., favored the bill be- cause he believed that the dissemination of knowledge was the greatest security ior the per- petuation of republican institutions. He would extend, however, the privilege proposed for weekly Dewspapers to those small daily cent news- papers that were springing up, and that might be calied the poor man’s newspapers. To make such papers pay the same postage as the New York dailies Was an unjust and odious discrimination against the poor man and in favor of the rich. He thought that tne last Congress had acted hasti and injudiciously in repealing the franking privi- lege in obedience to an artificial pablic sentiment. PUBLIO PRINTING A GREATER ABUSE THAN FEANK- ING. Mr. GARFIELD, of Ohio, agreed with Mr. Tyner that the time had not yet come when Congress could say that 1t had fairiy tried the effect of the repeal of the franking privilege, as it had only gone Into effect on the Ist of July last. A greater abuse than the frank itself was that of an ex- traordinary amount of ey printing. Aside trom the Congressional Gi » Which had cost about $350,000 a year, the cost of printing was $2, 000 @ year, and he believed that that was an abuse which nothing but a repeat of the franking privi- lege would stop. If t bill. were passed all of that abuse would be restored. He would vote, however, for that part of the bill allowing freetransmuission to weekly newspapers in the counties of their publication, Tne whole country newspaper press had been almost totally crippled by the repeal of the iranking privilege. In his Judgment the 6,000 weekly newspapers of the coun- try were the best real exponents of public opinion, A man who climbed to the fifth story of a metropolitan newspaper office at eleven o'clock at night and siashed off an editorial and sent it of to the country called tuat the pub- lic sentiment of the American people. (Mr. MAYNARD—O/ the upper classes.) In country newspapers the editor, & quiet, sensible man, who, in the course of the weel every township in the county, filled with the best thoughts of his county, wrote notices and editorials in the course of the week, which’gave more of the public sentiment of that county than all the metropolitan journals in United States could give of that county. The re- peal of the frank threatened to carry down with it & very large number of country papers that could bara live if the present order of things con- tinued. The weekly newspapers of New York now came by mailiinto districts in lowa 1,200 miles off, and weighing three times as much as the simple country een aare a ain passed through the mail at the same price. That was an injustice which ought to be remedied, and remedied in the name of the prblie press, and the metropelitan papers f Ought to consent to it for their own good, know- what public by es 18. ir. BUTLER, of Massachusetts, asked Mr. Gar. field whether all these bad newspapers had not asked for the abolition of the franking privi- eee '. GARFIELD said he did not know. Mr. BuTLER—Well, I do; and 1 thought they would be sick of it before the year was out. (Laughter.) Mr. PARKER, (rep.) Of Mo., spoke in support of the bill and in criticism of the position taken by Mr. Kasson. He said there was one disease which adected the people in this country—that was that every time a public man crossed the briny dee) he came back resolved to engraft on the republi- can tree some scion of monarchy or aristocracy. He described Kasson’s substitute as one of these oonoxious shoots from the Royal stem of Old Eng- Jand. it would do very well in a country where the ruling classes were interested in keeping the honest masses of the country in absolute ignorance, pi, it would not do im this proud land of light and rty. Mr. PACKARD, (rep.) of Ind., addressed the House in advocacy 01 @ substitute which he pro- posed to offer. An attempt on the part of Mr. Niblack and Mr. was deleated by an objection on the part of Mr. Cobb, of Kansas. The House then, without taking any action on the subject, took @ recess at hall-past four P. M. The evening session was devoted to the bill revia- ing the statutes. nes aaw bee © Ween The price list that was sent in by the manufac- turers to the Capmakers’ Central Union, as re- Ported in yesterday’s HERALD, has, contrary to ex- pectations, been rejected by the strikers, They say that, as this schedule differs in no particular from the one formerly submitted on the part of the “bosses,” and circumstances being much the same now as when the other offer was rejected, the men could not consistently accept the terms which they had already refused, Overtures are being made by the manufacturers, for the third time, and it 18 confidently expected that at last @ satisfactory understanding will be arrived at, The strikers have reconsidered their first price schedule, and reduced it by about from seven to ten per cent on an average. This reduc- tion in their demands will enable the manusac- turers to meet the men half way, and then {friendly negotiation will enable the parties to bridge over minor difficulties. Mr. Katz, the foreman of Messrs. isidor & Heli Manulacturing establish. ment, was present at the meeting in Covenant Hail aes sears afternoon, and he expressed his conviction that the revised price list, which had Just been finished by the men themselves, would pe pores toemployers. He is reported to jave said that the firm wich sent bim would be the firat to signa price list with the lockouts, and that the other houses Il Just as eager to end this anomalous situation of affairs. A committee wi pte yesterday afternoon to carry the re' Price list to the manutac- turers, The delegation left in company with Mr. Kata, and the montane soon aiter adjourned until this afternoon, when the report of the committce will de received and acted upon. The Central Union acknowledge having received 8 loan of $200 from the merchant tailors (cutters), $100 trom the furriers and $160 from other sources. These sums include $25 m Mr. Levi, of Grand Street, and $11 contributed by the workmen of Mr. Rochstein. PROBABLE SUIOIDE IN NEWARK. Dead in Bed jar Circumstances, Jeannette Adair, a fine looking young woman, twenty-three years of age, was found dead in bed at her residence, No. 43 South Bridge street, Newark, yesterday morning, under circumstances of a rather singular character. She was employed as a tailoress, and for a few days past, owing to in- isposition, had not been at her working place. On Wednesday she told her boarding mistress that she was much better. Yesterday morning, how: ever, she was found dead, her mouth being filled with blood, leading to the supposition that death was the result of internal hemorrhage, On her bureau, near the was found a bottle of liquid half emptied. The County Physician was notified, and on making an examination of the case he resolved to order an inquest. Jean- nette’s cereus live in Newark, but for some rea- son not known she had not itved with them for about a year. In her room, a much finer and better furnished one <han tatloresses generally can afford, were found, am other things, the cards of a number ot men _ known to the authorities, All sorts of cruel rumors are in circulation about the unfortunate girl These will be set at rest to- day by the Coroner's inquest, A young lady friend of Jeannette says she believes she was engaged to be married to @ young drug clerk employed in ® store on Broad street, near Market. Some of the persons whose carda were found in the girl's room will he summoned to explain, if possible, the mystery of her death. The house in which dwelt is kept by @ widow lady named Mc- Gave Garfield to have some limit fixed for the debate | | the avenue would cost $6,000,000, while Mr. Wake- ANOTHER WOMAN’S WAR. Two Thousand Female Ope: Out on “Strike” at Ke delphia—Emptying Woollen Millis. PHILADELPHIA, Feb. 19, 1874, That part of the city of Philadeipnia known as Kensington has all asy long been the scene of the wildest disorder. Most of the employés of the numerous cotton and woollen mills located there have suddenly turned out into the street, desert- ing the factories, leaving the looms, and in great crowds have assembled about the mills, threaten- tng and trying to intimidate. the few who seemed | reluctant to join them im their strike. Kensing- | ton bears, pretty mucb, the same relation to the country generally as Liverpool bears to | England, Immense cotton and woollen mills face | upon the street, in one solid block after another, | fives Tarn mgton, Phila- Cotton ad of smoke. Suddenly, without any direct indica- | ton of concerted action on the part of the work. ers, they approached those who employed them, made their demand, were steadily refused, and, upon the denial, at once left the looms. The mills | le.t desolate in this single afternoon, a8 well a3 | the number of bands employed, are as follows:— | James Long, Brother & Co., 250; James Nolin, j Star Mills, 175; Porter & Dickey, $50; Joon Scan- lon, 60; R. Mair & Co.,100; Thornton & Smith, 250; Irwin & Stinson, 200; Dallas & Sons, 75; William at fa 60; J. Stanley Bruner, 50; Joseph Welsh & Co., It 1s calsulated that up to this hour the total num- ber of those who have joined tue Y cgpies of the strikers, is no less than two thousan The orien, of the strike may be stated breay. Previous to the panic t! 6 employees were regularly en d at a salary wiich, after the panic, was re- duced to the extent of fiiteen per cent.’ At the time the reduction was made tne mills were silent, as they are to-day; business was dull, and the hands Were greatly in waut. In order, therefore, to obtain for themselves and their familes the simple necessities of life, they resumed their work at the reduced rates mentioned above. A lew days ago @ dissatisiaction at this continued reduction Was manifested at one of the mills, the employés claiming that the increasing demand Jor the tissues and labrios of the factory were sufficient to enable the firm to Increase their pay to the figures alowed them beiore the panic, The employers denied that their business warranted any such increase, and positively reiused to aliow it, Thereupon the girls rushed pell mell into the street, thronged around the other milis in the locality and svught to in- volve in their measures all the workers in all the factories, This occurred a tew days ago; but im- mediately after the demonstration the same dis- Satisiaction was manifested in all the other facto- ries, and to-day the mills have ceased. The sud- den outpouring of 2,000 hands atthe same mo- ment into the street, caused a furious excitement, nd the behavior of the factory girls was any- thing but creditable to themselves. In great [ley they assempled in front of other tories, still running, and sought by huriing | obscene and vulgar epithets to force the workers to come out and join them. They indulged in coarse language and proianity, and, in a word, conducted themselves like a clan of hopeless luna- tics rather than as @ multitude of sensible and in- dustrious American girls. In ah interview with several of tne managers of the mills your correspondent was iniormed that they had intended at the opening of spring to re- turn wo the old wages; but the panic had so re- duced the price of their fabrics that they were positively obliged to reduce the salaries propor- Uonately. Messrs. Porter & Dickey, in addition tothe mills mentioned above, are the pecieey ore of other establishments, aud it is feared that they will be forced to close also. To-morrow the work- ing girls hold w large mass meeting to decide upon future action. NEW JERSEY LEGISLATURE. A New Canal Corporation—The Obnox- fous Jury Commission Sustained— Legislation for the Abattoirs—The Jer- sey City Boulevard. One of the most important bills of the session was introduced by Mr. Morrow tn the House, making’ provisions for the incorporation of the New Jersey Ship Canal Company with a capital of $500,000, and power to increase it to $4,000,000. The names of the incorporators are Rodman M. Price, Robert H. Burdell, William H. Niles, Andrew A. Smalley, William C. Newell, Jenkins Van Schaick, McGregor. This canal is to be constructed | from the mouth of the South River, on the Raritan River, im Middlesex county, to a place on the Delaware River at or near Assiscunk Creek, in Burlington county, and is intended to complete the line of water communication between New York and Philadelphia, and to be of no less capacity than the Detaware and Raritan Can: Mr. Canscallan introduced a curious bill in the House relating to the origin of fires. It empowers any sheriff or coroner to call a jury of inquest on | the application of two reputable freeholders, to in- vestigate any case of & ictous character relat. | ing to the cause of fire incendiarism or arson, and authorizes the official before whom such in- vestigation is held to bind over for appearance at the proper court all persons against whom such jury may find a verdict implicating them in these offences. The bill for the repeal of the Hudson county Commissioner of Jurors act was deieated yester- day in the Senate, by a vote of 10 inst 6, after a tew remarks in advocacy of ad t. McPherson, and in opposition by Messrs, Stone and Sewell. The following is the vote :— Yuas—Mesars. Cutler, Hopper, Lydecker, McPherson, Smith and Wood—. Nars—Messrs. Havens, Hewitt, Hendrickson, Hop- jarrard, Sheppard, Stone,’ tewell, Taylor and It was shown during the debate that the opera- tion of the bill in Jersey City has been a signal fail- | ure, the last Grand Jury ignoring several import- ant cases. A bill introduced by Senator McPherson oa the mode of compensating the presecutor of the pleas of Hudson by fixing an annual salary for that oficial of $5,000 per year, to be paia in equal monthly instaiments. The lees and costs shall pe continued to be taxed as heretofore in cases by him pr ited and paid into the county treasury. A bill establishing @ new banking company in Jersey City, to be called the “National nk of New Jersey,’ names as imcorporators David H. Sherman, isaac Freese, J. B. Cleveland, George W. Gregory and Daniel Toffey, The capital is to be $100,000, with the privilege of increasing it to $260,000. Among the amendments to be offered to this bill is one changing the name to that of “The Drovers and Butchers’ Bank,” as it 1s to be merely a ten- der to the abattoirs im Jersey City and on the Hackensack, ‘The arguments of the Attorney General and Mr. Abbott on the proposed boulevard for Hudson county occupied three hours and a half on Wednes- day night. The former speaker contended that Man, on the part of the taxpayers, contended that it would cost $10,000,000. There is no prospect of @repeal of the bill, althougn the Board of Free- holders of Hudson county have a powertul lobby at work to secure the construction of the avenue in their own hands, The question has now assumed a triangular aspect, being a contest ve- tween freeholders, commissioners and certain taxpayers. “QHEVEAH HAKENESTH KALO," A Hebrew Society to Provide a Dowry for Orphan Brides. An institation was organized at the residence of | Mr. Lazarus Morgenthau, No. 161 East Sixty-first street, on the 18th inst., toestablish a fund out of which not less than $500 nor more than $1,000 is to be presented as a marriage dowry to eacn female orphan from the Hebrew Orphan Asylums of New York, Philadelphia, Baltimore, Cleveland, New Orleans and San Francisco. Mr. Morgenthau will be remembered as the originator of the famous “Golden Books of Lite’ for the Hebrew Orphan Asylums of New York and Phiiadelphia, and of the Masonic Fair recently held in this city, as well as the “Silver Book . of Liie’ of the Home for Aged Hebrews of this city, in which books donations are subscribed for the support of these charities. He has on the occasion of the marriage of his daughter ida to Mr. William J. Ehrich, inaugurated ‘The He- brew Female Orphans’ Dowry Society of America,’ the rand of which he will himselt supply by a and over their tops continually hang great clouds | ¢ William R, Francis, C. Godirey Gunther and Jonn | ‘ 3 CORRUPTION AND TAXATION, Startling Disclosures at the Taxpayers’ Convex tion—How They Rob and Plunder in Public in South Carolina—Con- gress Petitioned—A Rotten State Government. Co.umaia, 8, C., Feb. 19, 1874, The Convention to-day adopted # plan for the organization of @ bureau of immigration, with a commisioner in each county, and also adopted the following memorial to Congress:— To THe Senate AND House OF REPRESENTATIVES OF THe Conuness or tax Uxirep States: , The memorial ot the taxpayers and other citizens of South Caroling respectiully showeth that uvon the re- construction of the government and the senior, of Senators and Representatives into the Congress o! the United states it was doubtless intended by it was expected by them, that they become partakers ot the rights enjoyed By citizens of the United sates and other state revere ments. The history of the country teac! that taxa: tion without representation is wranny, Our touary tathers lad combined to reast such tyranny, an we feel assured that it was never the intention of the Sons of these men to allow this very system to be ened upon any of their iellow cluzens It has, m fieless come to pass that the xovernment es lished in south Carolina under the legislation of Congress has been made the mstrument ot effecting this monstrous oppression. That department of the State government which exercises (he taxing power is administere¢ by those who own a inere traction of the Property of the State. Seven years have elapsed since the reconstruction of the State government, and, during that period, of the property taxed a majority of the members of the Lexislature owned no portion what. soever, and the remaining members owned so little that’ their pay as members constituted thelr entire interst as property holders. The result is that, those owning thet roperty having no voice in the government and ‘those Ethposing the taxes no share in the burden thenoot wee taxes have advanced yearly until, in many cases, ‘they consume More than one-halt of ‘the income trom the property taxed. The annual expenses ot the governs ment have advanced trom $400.00) beiore the war to (000,000 at the present time, and the following com- revolu, parison of leading items of expenditures will best exhibis the change:— 1868-6. 173. feast aaa ar 331,945) Ber iag 09. 76,033, 663 iciencies. ‘260. 663 1,806; The facts exhibit the unprecedented spectacle of a State in which he government is arrayed against the property of its citizens. It has been openly avowed by* Prominent members of the Legisiature that the taxes should be increased toa point which will compel the’ sale of the great body of the land take it away from the former owners. The fruit of this policy is shown in the tact, stated by the Comptroller General in} taxes tor the Peer 18M alone aih.8s9 acres of land were! taxes for the year 1872 alone ee to the 3 ;,and this resalt proves the tallacy) the belief that the policy pursued promotes the, elevation of the black population and the Cah orp by them of the lands thus virtually confiscated. verse is the necessary result. Lands are unavail mortgages, in default of payment, can! ve declined, the cost of living is made gre to the prices of commodities, poor are made poorer and reduced every day—morg incapable of purchasing lands and more’ hopeless of rising above the condition of mere laborers: have ameliorated the condition of your effect of this policy had been to create an for lands on the part of the large clase of our population; but, while the owners are by oppressive taxation driven to sell, others, for the same reason. are disqualified from buying. ‘he abuses in the Legislative Department that have: been described are nor confined to the mere raising and expenditure of revenues, but they pervade the ° conduct of that department Schemes have been de- for istuing State bond for contracting other loans, by which the public debt hasin six years been. raised from $5,000,000 to $16,600,000, and that Without ad- vancing any public works, Bdding '$1 to. the public prop« erty or tothe payment of the publicdebt. Large as the sum of the public debt is admitted to be there is reason to believe it does not reach the 28 true amount, It found impossible to ascertain the actual sum of the obligations that have been issued. Schemes of public plunder have been LE padeits advanced by corrupt measures, of which one single example wiil suffice :—Two clerks of the Legisla- ture, in their official capacity, made contracts with themselves as private persons for the public printing. The appropriations made 10 one year for the work don or to be aone by these two officials amount to '75,00N, exclusive of for publishing the laws; and in the fiscal year 1373 there wag acs tually to them for printing $331,000, leaving o) sum then due to them by the State, and tnis, notwith- standing the avowal of the two officials themselves thi the work done was worth no more than $10U,/00, and the testimony of others that its value was only $60,000. The stupendous fraud involved In this and similar the me pgte objects of public expenditures um plundering the Treasury cannot be better illustrated than by the following tacts, The total appropriations for public printing made by the Legisla- lature of South Carolina during a period of sixty years, rom 1800 to , Was $271,181, During the last year the amount actually expended for Harey printing @y the presny Legislature was $30,45—that 18 $60,765 more han it cost the State for sixty years before the war. Committees have derived re UIDs as compensation ff vi bills, and strong rea- at @ large amount of State bills funded by the State to discharge her liabilities have been reissued by those entrusted by the Legisla- ture with the duty of their cancellation. In the Judiciary Department evils equally grievous have been produced under the present State government. The judges hold their offices for short times; thear con- nce in office depends upon the caprices of the tors. The result is, that the duties of their high icesare discharged under influences and oeapent bilities necessarily adverse to the independent and pure administration of public justice. The Jurors, moreover, are selected by three officials, of whom two are the ap- ointees OF Governor. The consequence is that obnoxious litigant may be certain tne selection of the jury, or, if no special object be contemplated by these officia: the choice is frequently inade simply for the ‘small pay of men who are nnabie to either read or write. In either case the ends of Justice are defeated. In the Executive Department all these evils culminate. Itis ojenty asserted and believed that offices are the subjec:s of barter, and the manner in which such offices are administered proves that qualification has little tn- fluence in the appointment in inatters under the control of asingle individual. tis dificult to prove corruption, but there is one state of tacts that always should stand for proof. A large expenditure of money by an official who is without any estate and receives buta small sal- ary establishes beyond a doubt that the money must come trom some irregular or illegat source. On this principle the tax governors elected under the present constituuion stand condemned in public opinion. To cevee, men Punish these is impossi- e. ry of justice. ‘Indeed, roue ‘sel if for rod enti system one of ining and self protecting ‘corruptions most of the States there might be some chance of 1 dress through the ballot box. ain, the Btate government interposes an insuperable barrier. The elections are conducted by, persons appointed in the in- terest of the oMcials, and the returns are under the abso- lute control of the parties in power. Under such circum. stances voting isa form and elections a mockery. Suffering under such grievances, and despairing of re- Ket from the state government, your memorialists come respecttully to your honorable ‘bodies for redress, The overnment which thus oppresses us was virtually es- blished by Congress, and, while we believe they did not foresee the evils to which it has given rise, we can- not doubt that they will aesist In removing them so soon as they are satisfied of their existence. All that we have asserted ts capatle of proot; but, knowing as we do, that the evils of which we complain are certain in their ex- istence and are more likely to increase than diminisn, Your memorialats most earnestly ask your ald in pro: Vid ing the proper redress and relief, THE ANNEXATION QUESTION. Meeting at the Brooklyn Academy. Another meeting of the prominent citizens of Brooklyn was held last night in the directors? rooms of the Brooklyn Academy of Mu-ic for the purpose of completing their organization, to be known as the ‘‘Municipal Union Society of Brooke lyn.” Mr. S. B, Chittenden, who had been chosen as chairman of the organization, was in the chair. Alter the minutes of the previous meeting had been read Mr. John Winslow presented a draft of the bylaws and constitution of thé Union. This was adopted. Mr. Chittenden then made a few remarks, taxing the same ground as on the former meeting—that both cities would be greatly benefited by being annexed. Tlié business of New York wus increas- ing 80 rapidly that it must find an outiet, and eventually a iarge portion would be crowded over to Brooklyn. ‘The area of the city of New York was only twenty-two square miles, while the area of Philadelphia was 100, and Baltimore and other Places in like proportions. Mr. Charles Deums sent in a communication recommending that the cities be united by a series of bridges, the same as in London. A resolution, offered by Mr. Winslow, and which provided for the passage oi act to submit to the people the regi) of the desirability of the union of the two cities under one municipal government, was Reh de Mr. Winslow stated tnat there had been sixty~ four names added to the roll. Mr. aa Barnes spoke at somo length upon the subject. He thought the reasons for annexing the two cities were rapidly decreasing. If there Were 100 reasons for a union ten years ago there were only ten reasons now. The value of their property was decreasing, and Brooklyn people were Onding pleasant homes on Fifth avenue and Madison square. General Slocum was of a contrary opinion, bat thought it was unmanly oo the part of Mr. Barn tin his time for two years in the sale of foreign an American securities and by donations to be re- ceived irom bridegrooms on their wedding day ik in that manner in regard to Broo! Wer aid not ask New York to take pity on ones throughout the United States. The first book for thie purpose was Peyote! to the society by Mr. Morgenthau on this occasion, with an address by the Key. Dr. David Einhorn. Mr, Ehrich and his bride entered their names tn the book, attested by the officiating clergyman, and subscribed the initial eum of $100. The book was immediately sent to another wedding, and Mr. Weil and bride, attested by the Rev. Dr, Gott- heil, of the Temple Emanuel, subscribed the sum of $50, Alter the bridal ceremony Mr. Morgenthau explained the object of the society, and thanked Almighty God that he was permitted on this happy Anite moti “Ford ec ager mints auptote:? 86 his motto, + ni le.’ The ofMicers of the society are:—Lazarua Mot thau, President; Morris Goodhart, First Vice Pres- ‘dent; Edward Lauterbach, Second Vice Pres- ident; A. Wormser, Secretary; 8. Wormser, Treasurer. HAS THE VIGOROUS FOREIGN POLICY OOM- MENOCED? Qu , Canada, Feb. 19, 1874, Private information from London, England, con- firms the report. that three regiments are to be forwarded to Canada, one o1 them to be stationed in this city, ‘ich in property, and our debt was very. Swsall compared with that Of New York. Mr. Chitrenden wished to controvert the posi- Son Saenty ee cokieamer past a4 roperty now 0} orate in preference to New York. He considered the completion of the bru as ind! nsabdle to the welfare of the city. is winter had shown the necessity of the bridge, even if used only in ‘*Fenolution was then adopted to the effect that Tesolutio n e the Executive Committee Dee empowered to confer with kindred orgeaisetione favorable to the object, Ht ig ‘te tO have such organizations The meeting then adjourned. SAVINGS BANK LEGISLATION, Eastport, Me., Feb. 19, 1874; The Committee on Banks ahd Banking to-day Voted to report a bill limiting investments of say. ings banks to real estate, securities of the United States and New England 3} and first class Municipal conds; also Fist ees soar waagsnues toon. holding of ‘Of navies