The New York Herald Newspaper, December 9, 1874, Page 3

NEW YORK HERALD, WEDNESDAY, DECEMBER 9, 1874.—TRIPLE SHEET. 3 WASHINGTON. Opening of the Financial De- bate in the House. THE 365 BOND SCHEME Kelley, Garfield and Butler on the National Debt, Proposed Repeal of the Increase of the President’s Salary. POLITICAL REPENTANCE. The Civil Rights Bill Undergo- ing Modification. WasuIncTon, Dec, 8, 1974, Mr. Kelley’s Interconvertible Bond Scheme in the House—His Resolution to Secede from Party and President— The Democrats Passive. In the House, having nothing better to do, they began to call the regular order, and im due course, though somewhat unexpectedly, Mr. Kelley’s 3.65 interconvertible bonds project ‘camé Mp. Mr. Kelley and General Butler spoke in favor of it to @ languid House, and Gen- eral Garfiela made a forcible speech tn reply. Mr. Dawes also spoke, and the subject went over until to-morrow, There will probably be two Gays more of debate, and the vote promises to te very close. The bill was thrown out at the last session by 118 to 120 votes, and it is very uncertain as yet how it will stand this time; but itis not believed that the Kelley bill, can pass tne Senate, The discussion, therefore, would be of little im- portance but that it develops the spirit ana temper of the House on the currency question. The Kelley pill 18 an extreme measure; no one expects it to be adopted, unless it is Mr. Kelley; but the strength it has shows that there ts but little hope of sound currency legislation from this Congress. The democrats took no part and, indeed, no interest im the debate. They probably see that 1¢ would be an Injury to their prospects if tne republicans shoula unite upon a sound and not disastrous Measure of currency reform at this session, for they see that the democrats would not dare to disturb such legislation in the next Congress, and that the country between now and the next election wonla arrange its af- fairs in accordance with any wise measure and have time to start on a new career o! pros- Perity before the Presidential campaign. Hence the democrats are silent and: willing to let the other side work out their own salvation or the reverse. There ts, however, very little hope tnat the re- pudlicans can sgree upon and carry any sound financial poncy. There ta no sign of agreement; mo sign even of a strong desire for an agree- ment, The Southern ‘democrats, it is said, nave mostly determined to stand by their New York or. “hard money” platform; not that they believe much in It, for a good many of them wish to repeal the tax on State banks and Start shinplasters of their own; but they compre- hend that the only safety of their party 1s in co- herence, and they acknowledge that power for the Present lies in New York, with its majority for Tilden. As for Mr. Kelley, he declares wat if ne can find enough iriends of “more greenbacks” anywhere to carry his measure he will cut aarift from President and party and appeal to the country. He would not be remarkable if he did not seem to be the only man Just now whose convictions are strong enough to lead him to a positive policy. He has evidently in hiseye tne great part which Thaddeus Stevens played once in the House by dint of mere Positive opinions, ‘ Doings in the Senate—Repeal of the In- . ere of the President’s Salary Pro- Posed. The day in Oongress opened with # promise of extraordinary duiness, The Senate adjourned early, but bejore the adjournment Mr. Wright, of Jowa, who ia not famous as a joker, introduced a bil vroviding that the next President shall re- ceive but $25,000 per annum as compensation for his services to the people. Senator Wright isa Fepublican, and democratic Senators wondered whether he gave up thus early the next Presiden- tial election. Modification of the Civil Rights Bill in Committee—Possibility of its Passage. In the Judiciary Committee the Civil Rights bill was discussed, and the Chairman proposed to take up tne Senate bill, amena it, and send it back to the Senate, where it is believed it will rest, The Proposed amendments would leave out the school and cemetery provisions, but retain those con- cerning hotels. Unexpectedly, the discus. Bion to-day showed that the obill, if tho school and cemetery provisions are left out, may receive some Southern support, but it is be- lieved by some people that the design of those who have the bill in charge is to so manage age as to have it defeated, The Republican senatorial Caucas. The Senate republican caucus continued in @ession several hours this afternoon, principally engaged on the subject of the standing commit- ‘ees, Arkansas and Louisiana affairs were only incidentally referred to during the conference, it being evident that a formal discussion of them would show 4 wide and irreconcilable difference of opinion, In the Arkansas case the friends of Smith have been seeking Congressionai action, ‘and those of Garland operating against it. Several prominent Senators say if the Senate attempts to intermeddle with the affairs of Arkansas they will become as much confused as the parties to the gubernatorial controversy themselves are in that State, Besides, they do not see how Congressional action could benefit a State already peaceful, and they tail to perceive any reason for interierlng in Arkansas when the condition of Louisiana, being of @ scandalous character, has failed to secure Congressional action. Ex-Governor Baxter ar- Fived here to-night. Imcrease of Granges Throughout the Country. The whole number of granges reported this month in the United States is 21,472, an increase Of 364 during November. New York 1s said to have 266 granges. Vice President Wilson’s Duties and His Health. Vice President Wilson will preside in the Senate during a consideraple part of the session.) His health has greatly improved. It is probable that Mr. Carpenter will be selected to preside during hile absence. Mr. Schell Mentally Distressed About His Salary. The Hon. Richard Schell has been in a state of anxiety about his salary. He was told that the House bad given the salary tor the whole session to the widow of Mr. Mellish, his predecessor, which is true, and he imagined for a time that bis constituents had committed a fraud upon him. He was greatly relieved when he was told, alter being for a time in a distressed state of mind, that the Sergeant-at-Arms would provide for lim, Impeachment of a Congressman. The Hon. J.P. Brady, member of the Virginia House of Delegates, arrived here to-day with charges that Representative Stowell, of that State, sold a cadetship in the navy, ‘They wiil to- morrow be presented to the House of Represen- tatives, Contemplated Reduction of the Tre: Service. The Secretary of the Treasury has taken the in- {tiative in giving personal examination in the steps taken for a further reduction in the expenses Oi collecting pe revenue irom cuskoms, and is make, | ry Ing & thorough examination of the force employed and the actual duties discharged by all persons in the customs service. It already appears that there will be a saving under the contemplated re- duction of probably half a millon in the expenses Of collecting the customs revenues during the current fiscal year. The American Demand Upon Spain for Ingemnity. An error of the types made the HERALD report to-day that the indemnity demanded of Spain was $25,000 per man of those massacred at Santiago. It should have been $2,500, A Retiring Associate Chief Justice of the United States. Judge Swayne, of the United States Supreme Court, reached his seventieth year yesterday. He is therefore entitled, under the law, to retire from the Bench on full pay. He intends to do so, but has not yet fixed the time. Regulations Regarding Newspaper Post- age. ‘The portion of the recent Post Office regalations for, the prepayment of postage on newspapers and periodicals relative to county papers has been modified ag follows:—Newspapers, without regard to the frequency of issue, one copy to each sub- seriber actually for the time being residing in the county where the same are printed, are entitled to pass free of postage through the mails; but the rate of postage on the same, excepting weeklies, when deposited in letter carrier’s office for de- livery by the office or its carriers, shali be uniform at one cent each; weeklies, when sent through the malls to or deposited in a letter carrier's office in the county where printed, shall be weighed im bulk and be sudject to a postage of two cents per pound, to be prepaid at the mailing office by ‘Special adhesive stamps, Privileges Granted to Norse Steamers in Our Waters, Two years ago the Minister from Sweden and Norway address Rote to the Secretary of State, the object of which was to ask, in favor of a line of steamers plying between Norway and New York, the same exemption (rom payment in this country of tonnage, anchorage, beaconage and lighthouse dues that have been granted to Bel- gian steamers by virtue of treaty obligations, Recently the Minister was informed that the Treasury Department, after mature consideration, admitted the claim made on behalf of the Norse line of steamers, and had issued proper instrue- tions in the premises, adding that this decision of the Secretary of the Treasury reste upon the theory and involves the proposition that, in case @ line of steamers should be established in the fu- ture and during the continuance of the treaty, being vessels of the United States engaged in regular navigation between the ports of the United States and Sweden and Norway, the gov- ernment of Sweden and Norway will extend to such veasels the same exemption from payment of such duties as the vessels of Sweden and Norway may enjoy in the United States, The Pacific Mail Contract and the Postal Department. The House to-day, at the instance of Represen- tative Tyner, @member of the Committee on Ap- propriations, ordered to be printed the opinion of the Attorney General, addressed to the Postmas- ter General, that the contract with the Pacific Mail Company ia still obligatory on the depart- PROCEEDINGS IN CONGRESS. SENATE. WasHINGTON, Dec. 8, 1874, ‘The Senate met at noon to-day, The journal of yesterday's proceedings having been read, Mr. LoGan, (rep.) of Ill., presented a memorial of various publishers, asking a change of the postal laws, uaidon the table to be referred hereaiter. PROPOSED MEASURES, The following bills were introducea and ordered to be printed and lie upon the taole till the ap- pointment of committees :— By Mr. EDMUNDS, (rep.) of Vt.—A Dill to enanle the Supreme Conrt of the District of Columbia to proceed with its sary business. By Mr. CHANDLER, (rep.) of Mich.—A bill amenda- tory of section 10 of the uct of sune 30, 1864, im- posing taxes upon the circalation of other than national banks. By Mr. CAMERON, (rep.) of Pa.—A bill to pro- mote economy ana efficiency in the Marine Hospi- tal service, By Mr. SARGENT, (rep.) of Cal.—A bill fixing the time for holding the Uircuit Courts of the United States for the districts of California, Oregon und Nevada, By Mr. Harvey, (rep.) of Kan.—A bill for the re- lief of homestead and pre-emption settlers on the pubic lands, . Also a bill ior the relief of First Lieutenant Henry bee eane of the Seventn cavalry, United States rmy. By Mr, Wrigat, (rep.) of lowa.—A bill fixing the salary of the President of the United States By Mr. Wkst, (rep.) of La.—A bill providing for the construction of United States government tele- raph lines between the cities of Washington and joston, Mass. By Mr. SPENCER, (rep.) of Ala.—A bill to provide for the transfer of certain causes trom the Dis- Pal to the Circuit Court in the State of Ala- ame. Mr. Davis, (dem,) of W. Va., submitted a reso- lution requesting the President to transmit to the Senate a detailed statement from June 30, 1866, to the end of the last fiscal year, showing the names of postmasters, paymasters, collectors of internal revenue and customs officers of tne Freedman’s Bureau. and others from whom money is due and uppaid, the amount of such in- Gebtedness ‘and names of the sureties of such officers, by whom such officers were appointed, and the States from’ which they were appointed; also requesting the President to report the number of acres of public lands granted to railroad companies, canals, or other works of internal improvement, Ordered to be printed and lie on the table. Mr, Davis gave notice that he would call up the resolution for action at an early day. Mr, Pratt, (rep.) of Ind., introduced a bill to regulate the lien of judgments in the courts of the United States upon real estate. Ordered to be printed and to be reierred hereatter. Mr. Scott, (rep.) Of Pa, presented & memortal ord. B. be fA & Co,, A. S. Menamin and T. S. Arthur, of Philadeiphia, praying that the posta upon periodicals be fixed at two cents per pound; that prepayment by iractional stamps or stamped wrappers, when desired, be authorized, and that the Fate of transient matter sent from the ofice of publication be fixed at two cents per pound. Laid on the table to be reterred hereafter. Mr. HARVEY, of Kansas, presented a memortal signed by 325 citizens of that State, asking the passage of House Dill No, 3,381 of last session, amendatory of the Pacific Railroad bil. Laid on the table to be referred hereatter. Mr. SHERMAN, (rep.) Of Ohio, satd there was a bill pending between the two houses of Congress— an act to amend the existing customs and internal revenue laws—upon @ motion made by him at tie last session to postpone it until yesterday. The committee of conference had beén appointed by the two houses and agreed on a report, but the House disagreed to the report of the committee. Upon examining the rules of the Senate he was at a loss to Know whetiver, under the circam- stances, it could be taken up now or must be post- poned tillnext Monday. Upon that question he desired to have the judgment of the Chair, It Would expedite public business and give the Senate better time to examine the detais of the biil, in_ a new committee of conterence, to have such committee now appointed, but he did not kuow {f be could move to take up the bill now, under the rule. He thought it did not .all witmn the rule which makes bilis mies between the two houses in order at the end of six days irom the beginning ot the s jon. The CHaik (Mr, Wilson) replied that it woula not be in order to take up the bil now, Mr. SHBRMAN then gave notice that he would Call it up next Monday. ‘The Senate then, at half-past twelve o’clock, on motion of Mr. SHERMAN, adjourned till twelve o’olock to-morrow, IMPORTANT BILLS, Mr, Chandler’s bill, amendatory of section 10 of the National Currency act of 1864, and section 9 of the act of July 18, 1866, provides that they shall not be construed either in pending cases or other- wise to apply to the evidences of actual in- debtedness issued by any mining, manulacturin; or otuer corporation, or b; individuals excep’ banks or bankers prior to the enactment of tuis bill, o ply to such evidence of indebted- ness 18st thereaiter by ad positive proof of their being calculated and intended to circulate as mone: right’s bill proposes to reduce the salary Mr, of the President ater this term to $26,000. Mr. Harvey's bill provides that homestead and pre-emption settlers, whose crops have been seri- ously injured this year the grasshoppers, may be absent irom their lands anttl June 1, 1875, with- out forfeiture Oo! their existing rights, Mr. West’s bill directs the Postmaster General without delay to construct @ line of tel irom Wasiington to Boston, vi the Postmaster General, under such regulations and at such rates of tarif as he may prescribe, provided that the rates shalt be Uniform to all persons, with such uniiorm reduction to the news- paper preas as may be deemed advisable, and pro- Wilad pha xates aball pg adjusted jo mech and ag ing . aod providing @ net income geet to five per cent interest on original cost of the same. The biil proposes to appropriate $600,000 for the foreguing purposes, HOUSE OF REPRESENTATIVES, WasHinoton, Dec. 8, 1874, After the reading of the journal the Speaker proceeded to the call of committees for reports, under which call Mr. POLAND, (rep.) of Vt., from the Special Committee on tne Arkansas Troubles, presented a report of the testimony taken during the vacation of Congress. Ordered to ve printed. HALE, (rep.) of Me., from the Committee on Appropriations, reported a bill to continue the Board of Audit to examine and audit the un- fanded or floating debt of the District of Columbia. Alter some discussion the matter was postponed till to-morrow. Mr. DuRHaM, (dem.) of Ky., from the Committee on Banking and Currency, reported a bill reducing the allowances to bank examiners and fixing the rates as follows :—For examining banks with cap- ital not exceeding $100,000, $20; with capital of $100,000 and not exceeding $200,000, $25; with capital of $200,000 and not exceeding $300,000, $30; with capita! of $300,000 and not exceeding $400,000, $35; witn capital of $400,000 and not ex- Ceeding $500,000, $40; with capital of $500,000 and not exceeding $600,000, $50; with capital of $600,000 and over, $75, Alter explanation from Mr. Durham, the bill was passed. Mr. MayNarp, (rep.) of Tenn,, Chairman of the Committee on Banking and Currency, reported a bill to amend the Nationa! Banking act in the mat- ter of proceedings in liquidation, Alter some dis- cussion the bill was, atthe suggestion of Mr. Nib- jack, Of Tndiang, recommitted with leave to report at any time, THE OMAHA RAILROAD BRIDGE. Mr. HovGnton, (rep.) of Cal, from the Commit- tee on the Pacific Railroad, reported a bill provid- ing that the railroad bridge at Omaha and the ap- proaches on each side of the river, shall be opera- ted as a part of the continuous line of the Union Pacific Railroad, and requiring half yearly reports to be made of the monthly receipts of tolls and charges for the use of the bridge, Mr. Cox, heeds of N. Y., suggested that the rovisions of the bill were matters of litigation to e devided by the courts, and not by Congress. Mr, HOUGHTON said that the bill was not de- signed to affect any existing litigation. Its pur- pose simply was to compel the Union Pacific Rail- Toad Vompany to operate its line of road througn- out its entire length as one cortinuous line, and not to make two transfers at the Missouri River at Omana. He expiained that the bridge has been Operated as an independent thing, under the Mame of the Transter Compa y, and that all through business on that line is subject to a sepa- rate and independent charge for crossing the Tiver, Freight cars loaded or unloaded have to Pay $10 each, and paseo fifty cents each for crossing the river, besides the annoyauce to which passengers are subjected in having to change cars twice at this point, and having to get their bag- gage rechecked. He insisted that the bridge was as much a part of the line of the Union Pacific Raloas 8 aby mile Of road between its two ter- mint. Mr. HALE, (rep.) of N. Y., asked who were the nominal owners of the bridge. Mr. Houauton replied that the bridge was owned by the Union Pacific Railroad Company; that the bonds issued for the construction of the briage were issued by the Union Pacific Railroad Com- bres , and that all the property of that company 1s able for the payment of these bonds. Since the bridge was built it had been operated exclusively by the Union Pacific Railroad Company, though under the pretence of an independent organiza- tion, called a ‘Transfer Company. No such organ- ization, however, existed in fact, but merely in name. The reason of this was that the Union Pacific Ratiroad Company nad entered into a con- tract with the city of Omaha by which the com- pany had received a large subsidy from the city in consideration of making its terminus there. The morning hour having expired the bill went over without action. BILLS WERE INTRODUCED . and referred to committees as follows:— By Mr. McURary. (rep.) of lowa.—For the re- lief of certato settlers on the public lands in Lowa, Minnesota, Nebraska and Kansas. Also ior the extinguishment of the: Inatan title to the Black Hills. Reservation in Dakota. y Mr. BUTLER, (rep.) 01 Mass,—To provide ju- dicial remedies tur overcharges 01 duties on ton- nage and imports. By Mr. Woop, (dem.) of N. ¥.—Fixing rates of duties on imported mercnanaise, Whereas by an act approved June 22, 1874, entitled “An act to revise and consolidate the’ statutes of the United states in torce on the. Ist day of Lecember, A. D. 1873," it was not the intention ot Coi 38 to Vary or impor merchanaise ex- d by the laws in force on said jst day of December; and whereas it such changes or altera- r by the aforesaid act of ecution of aaid act by the ‘Treasury, they are in violation of 88 in the premises; theresore, Resolved, That no higher or other rates of duty shall be levied oh any goods, wares or merchandise imported into the United States from and after the passage of this act than would have been levied thereon under the sub- fisting decisions and practice of the Secretary of the easury interpreting and eniorcing the laws in forco on the av cay of December, 1873, had the been umported on the said lst day of December, By Mr, HUBBELL, (rep.) of Mich.—To amend that section of the National Banking act which im- imposes a tax on the circulation of other than national banks, By Mr. LOTTRELL, (aem.) of Cal.—For appropria- ‘tions to improve the navigation of the Sacramento River, of Petaluma Creek aod of Feather River, Caliornia. By Mr. HOLMAN, (dem.) of Ind.—To substitute United States notes for the Issues of national anks. by Mr. Dawes, (rep.) of Masm (at request)— Declaring the effect of permits to, purchase pro- ducts ol the Ingurrectionary States granted by the President during the rebellion. By Mr. PHILLIPS, (rep.) of Kansas—For the re- liet ot pre-emption and other settlers in Kansas. By Mr. Youna, (dem.) of Ga.—For the payment of all accounts 10! rvices rendered to the gov. ernment in the postal service prior to April, 1861. > A CHECK ON COUNSEL FRES. By Mr. Beck, (dem.) of Ky.—To prohibit Sena- tors, Representatives and Delegates in Congress from acting a3 counsel or otherwise in suits or roceediugs against the United States. He moved Re reference to the Uommittee of Ways and Means. Mr. BUTLER, of Massachusetts, suggested that the Judiciary Committee was the proper reterence. Mr. Bgox said that the bil pertained to revenue cases, and he instanced the employment of a New York Senator tn the tax case of tne New York Central Railroad Company. Mr. BUTLER remarked that he had no personal interest in the bill, as he was generally on the side of the United States. Mr. RANDALL, (dem.) of Pa., suggested that the bill belonged to the whole House, and that it should not be relerred to any committee. Mr, BUTLER—It belongs to the whole House after it bas come trom @ committee. Mr. RANDALL—I move that the House now pro- ceed to the consideration of the bill. The SPEAKER—That requires unanimous con- sent. There was no objection, and the bill, having been amended at the suggestion of Mr. G. F. Hoar by omitting from the penalty @ provision for dis- qualification for holding ofice, Was passed with- out objection. The bill is as follows :— That no Senator, Representative or Delegate to Con- reas shall, atter hiselection or during his continuance In office, act a8 agent, attorney, proctor, advocate, so- licitor or counsel for 'Y_ person agi jt whom suite or proceedings other than criminal have been or are about to be commenced for viglation ot the Revenue laws, or who has any claim for drawbacks or reclamations tor duties, taxes or excises paid or demanded tor the United States, or any agent, employe, intormer, officer or oM- cers of the Revenue ‘or Cus service’ ot the United States, in any suit or proc m4 relative to the customs dues, éxcises or taxes; nor shail ae receive any compen- sation, gift or reward from such persons or officers tor amy service, advice, counsel or aid aforded such ae or persons, officer or officers, agent, in- jormer or employe, and any person offending this provision — shail, conviction thegeot, be deemed guilty of a misdemeanor and be punished by fine not exceeding $500 and imprison- ment for & term not exceeding ten years, at the disc: tion of the Court trying nd any person who shall pav or cause to be ny Senator, Repre- sentative or Delegate, or to any person for his use or beneft, directly or indirectiy, any sum ot money or other thing of vaiue because’ of such services or ad vice relative to any o1 the matters aforesaid, shail have a right at any thme to bring sult for tne recovery thereo! or {ts value In any court of the Unit such Senator. Kepresentative or Delegate or the pe: ersons Who received the same, or may Oni persons in the same suit, OTHER BILLS, Bills were also introduced aud referred, as {ol- lows :— By Mr. MYERS, (rep.) of Pa,—To restore the duty of ten per cent on certain manulactutes of cotton, wood, iron, paper, glass, leather, &c. By ‘Mr. KELLOGe, (rep,) of Coun.—For the tm- prevent. of the harvors of Saybrook and New laven, Conn. By Mr. OROUNSE, Of Nebraska—For an additional Representative from the State of Nebraska. jy Mr. MCCORMICK, (rep,) of Arizoua—For a pen- itentiary baliding in Arizona. vr. suc! By Mr. E. H. Roperrs, (rep.) of N. Y.—Proposing amendments to the constitution, providing that ongres! not make anything but gold and silver coin a tender in Hah ene. of individual debta, and t! i pass no law impair- ing the obit O18. ry sy Mr. HT, (rep.) of Pa., authorizing the promotion of the senior three assistant surgeons of the army. By Mr, MERRIAM, (rep.) of N. Y., for free bank- big y Mr. LAWRENCE, (rep.) of Ohio, limiting to six’yeurs the time for the allowace of claims against the United States, By Mr. Pagg, (rep.) of Cal, in reference to the distillation of brandy from ‘apples, peacues and Brapes. Also instructing the Commit Affairs to inquire whether auy le; ernment action 18 necessary to prevent the immi- avon Os importation gf panies | ruptcy in the Encumbered exceed the expenses of operating and maintain. | 1F servile labor and of Chinese women for the | laboring men, dnaing nownere else to go, went the said a urpose Of prostitution. bg By Mr. Pakker, (rep.) of Mo., to enable Indians im certain cases to enter land under the home- stead laws. Also to punish the obstruction of mail trains; also fixing the rate of taxation on State banks. By Mr. SPRAGUE, (rep.) of Onio—To arrange the graduates of the Naval Acadeniy. By Mr. HOUGHTON, (rep.) of Cal.—Amendatory of the Pacific Railroad acta ; also to confirm to tne iy of San Jose, Cal., the title to certain lands. By Mr. Henevoxp, (dem.) of W. Va.—For the ‘mprovemens of the Kanawha River, jy Mr. NEesMITH, (ra, of Oregon.—For the manufactare of breech-loading muskets and car- ines, By Mr. Copurn, (rep.) of Ind.—To increase the eMciency of the medical department of the army. By Mr. TOWNSEND, (rep.) of Pa.—To repeal the acts requiring stamps on bank checks, 4c. ; also authorizing the President to correspond with foreign nations concerning the establishment 01 system of international arbitration. By Mr, Wurre, (rep.) of Ala,—To regulate elec- tions in certain Southesn Srates; also to amend the act to eniorce the rights o1 citizens to vote, By Mr. OLayton, (rep.) of Cal.—To make further provision jor the arrest, detention and delivery of domestic fugitives trom justice. By Mr. RanpaL, (dem.) of Pa,—Repealing the increase of the Presiaent’s salary. By Mr. SMALL, (rep.) of N. H.—To reduce the President’s salary, Mr, LAWRENCE, (rep.) of Ohio, offered a resolu- tion calling on the Secretaries of the Treasury and War departments ior information as to the claim of Sugg. Fort, of Kobinson county, Tenn, for com. missaries, stores, &c,, OX what evidence it was allowed, &c. Adopted. MR. KELLEY’S BOND SCHEME. The House then went into Committee of the Whole on the general calendar, and, after laying aside several bilis without action, it took up the bill of which Mr. Kelley, \rep.) of Pa., is the author, for the exchange of greenbacks into 3.65 convertible bongs, Mr, KELLEY proceeded to address the House in support of the bill, He said that it proposed that | when any individual had any money jing idle for which he had no present use he might lend it to the government at the rate of 865 per cent, re- calling it as he might do from @ savings bank when the time came jor the use of the money. He claimed that the government would thus get about $500, 000,000 at that low rate of interest with which to redeem the gold bearing bonds now held abroad; that it would relieve the government ol Its foreign | debt; that it would give increased value to the greenbacks, diminish the demand for gold, and thereby remove the disparity between tuem and gold. 1¢ would quicken every industry and restore confidence to the people. BUTLER ON THE FINANCES, After speaking tor twenty-five minutes Mr, Kelle: Yieided to Mr. BUTLER, of Mussachusetts, who ad. | Vocated the bill and claimed that tt was In accord | with the position which he had held on the subject tor many years. It was simply @ proposition to allow citizens to come to the government and say, “We have taken your money, and we desire that you will at least pay us interest on it so long a8 you baveit.” Any one could borrow in New York, ‘at three per cent on call, as Many millong as be chose to deposit collaterals tor; but if he wante money a¢ & business loan he could not borrow It on commercial paper at less than seven, eignt, nine or ten per cent, And why? Because it was Understood that Congress and the Executive were determined to contract the currency until specie payment was reached; but specie payment there never bad been and never would be. It was al- Ways a delusion. But specie values they would come to, and they would be come to all the sooner | NM this bill were passed. Tbe country was coming to specie values, every interest in it, except that of invested capital, Real estate had been brought down in New York thirty-three per cent, in Massa- chusetts twenty-ve per cent and in Uni- cago thirty-three per cent. But invested capital never came down—not a dollar, The country was eaten op by interest. Why was it that séven, eight, nine, ten and fifteen per cent was now paid for the use of money? It was because of the high rate ot in- terest paid by the government, It was axiomatic in fnance that government eecurities were always at the lowest rate of interest when the govern- ment was at peace and when everybody had confl- dence in its ability to pay ita Obligations, Tue government of the United States was a borrower to the amount of $2,300,000,000 at tne rate of five and six per cent. The next best security was town and county bonds, and they hi to pay six and seven percent. Thenext best security, rall- road bonds, had to pay seven and eight per ceut. and when business and the risks of business came to be considered the borrower had to pay eight and nine per cent in Massachusetts, and ten, twelve, fifteen and twenty percent in the business centres of the West. Tnerefore he wanted the overnment tO come into the market ag a jorrower at & low rate of interest, then the next range would be nearer to it, and 80 OD, until all the rates of interest came down. He proceeded to analyze the causes of the various financtal panics in this country and to show that they arose from the fatlure in each instance of a any And why had the trust com- Because they were borrowers on call, They borrowed money at four per centon call and had to lend it out at higher rates, and when the call was made upon them they could not call in their own loans fast enough, and they failed and all confidence was lost. Every business man kuew that he was work- @ volcano, If the servant giris of husetts were to call in their wages that they have deposited in the banks every business man in Massachusetts would be broken. They could not stand the pressure one day, Whenever the servant girls made that call, that moment the whole busjness of the country 18 dis- honored. Wouid not every man rather have a 3.65 bond from the government than give his money to trust Companies at four per cent? EVILS OF 4 FOREIGN DEBT. The terrible efects of a ioreign debt are Plattd now being telt. We owe in ratlroad and other debts about $150,000,000 of interest, to be paid every year abroad in gold. Where is that coming irom? Not irum the earth by han producing, be- cause we only Pieces sixty odd millions a year, It must be paid in some other form. How has it been paid hitherto? By selling more bonds, but now that source is stopped, and that is why the whole wheels of business are stopped. Let us learn a little from history. Halt a century ago Ireland was prosperous as no other #reen island on earth; full of manufactures, full of Pile ig and, what is the greatest evidence of prosperity, producing @ population in a Ved degree than any other couaotry. She had then 8,000,000 of people, who were happy, prosperous, living at home and allin comparative comfort. But in an evil day it became tashionable—her government being removed from her soil—ior the owners of her land to live abroad. Thus came Irish absentee- ism, and what does that mean? It means that the land owners who took tue rents of their property spent all the money abroad and nothing came back. ‘The effect of irish absentee- was that in a single m2 generation that country was depopulated from 8,000,000 to 4,000,000, alter going through starvation such as will be in New York and Pennsylvania this winter, if pot in Massachasetts, All the Irish estates, pretty much, have goue through bank- states Court. And what produced that? All writers on political economy agree that it was absenteeism, lt was only because there was collected trom that countr: £2,500,000 sterling ($12,500,000) every year, whic! was spent abroad, We bave no landiords living abroad except the enriched bankers and capital- ists, who go abroad to bring tneir trunks home, (Laughter.) But we have our landlords in the shape of the bondholders avroad, to whom we must pay every year $150,000,000 of interest. The amount paid by Irelaud was only $1 er he; f the population, The amount paid by us 3 50 a head. 1 think that with our resources we can staud it, but we cannot od it with every will idle, with every ship tied up at the wharf, with transportation brought to such conditions that it takes our bushels of corn to get one irom lowa to the seaboard, for the bushel of corn which cost twenty cents in lowa costs $1 20 when I ieed it to my horse on the shores of the Atlantic, Here we are in tuat condition of | things and we simply ask, what? Not to expand the currency, nut to inflate the currency, not to repudiate any obligation, but that the government shall say to the poor man and to all men, “Whenever you do not want to use your money we will give you 3.65 per cent interest for it, and when you can do any bet- ter with it you can withdraw tt.’’ ‘There isin that no danger of any shock to the business of the country. {observed that many men representing national banks on this floor voted against tnis proposition when it was last beiore the House, be- cause, | agree, that it would cut into the deposits of national bank: do not mean into their paper deposits, which are the result of discounts, but into their actual deposits, My friend from Penn- | sylvauia (Mr. Kelley), however, has made a provi- sion—compensation—or allowing these bonds to ve kept in ti ite of the national banks as re- | serve; lor thi are Jen. 86 good as greenbacks, | and 80 much better, as they bear interest. When he was doing that, gentiemen here said to me, “What advantage will that be to the government to have to pay interest on the re- serves of the banks?’ ‘The advantage will ve tnis: In order to do that the banks will have to put greenbacks into the hands of the government, and with these greenbacks the government can buy gold or purchase vonds now out at five or six per cent, thus bringing down tne rate or interest, and the people being the gainers all round. RESPONSIBILITY OF PARTIES. It {s these tdeag that have impelled me to this course, steadily, unWaveringly and unfinchingly. 1 know that the proposition 18 not popular in any section Ol the country. Lam aware that | stood alone against all New England tn voting for this proposition when it was up be/ore, and | was told | that 1 should never come back tere. [ did not much douot that, but If thought, in my own “] shail not stay mind, at home alone.’? (Laughter.) The republican party is held responsible for the distress tuat has | been brought upon the country. We have become & party of invested Sapltal, & party of bondholders and monopolists, The republican party attracted the true men of the country wen it started, | because 1t started by bringing up labor. It com- | men the lowest stratum, tne slave, and | raised him to citizenship. But war and the ueces- sities of the government bro t to the party the capitalists of the country an it, When the War was over, we had a purty at the head of which Were the capitalists and at the toot the negroes, With not much aMilation vetween the: (Laugh. ter on the part of democrats.) There is 10 for your laughter, the democratic pasty is in very much the me condition.» The old whig party leaders, the capitalists of that party, 100 pasa over and became leaders in the democraue part; ad so that isa party now with old whig boi holders for ite head and Irishmen for tts a (laughter), and there is very little aMlation between head and tail either. We have got into this abnormal condition of things and the repubi- can party has got lor the last time tue opportunity to relieve the country irom ita distress, to recover Ite confidence and to show that the people are the objects of itecare. If we fail now we fail forever, because party once inaugurated lasts for @ generation and that is, to all of us here, forever. Thave now, Mr. Speaker, given you succinctly, not elaborating them at ail, my views. The best evidence I can offer of their sineerity and of tne deep comviction with which they are imprinted on my mind 1s that I have ventured to hold them in my own section, where they are unpopuler, and ventured to do so to my own injury in the view of those who think that political lie is all that there is in the world. At the close of Mr. Butler’s speech Mr. KELLRY, of Pennsylvania, offered a substitute for tbe second section of the bill providing that the Secretary of the ‘lreasury shall invest seventy-fve per cent, of the United States notes received in exchange of such convertible bonds in the purchase or re- demption of any vonds outstanding at the time of the passage of the act, or in the purchase of gold ‘With which to redeem such bonds. MR, GARFIELD’S SPRECH, Mr. GARFIELD, (rep.) of Obio, Chairman of the Committee on Appropriations, thought it idle to attempt to discuss the bill until 1t was printed, so that members could examine it in detail. But he felt bound to say a few words, by way of protest againss she doctrines put forth by the advocates of the bill, The gentlemen who have spoken be- lieve that @ measure of this kind 13 for the good of the country. I believe this bill 18 fraught with measureless evils to every great and good interest ‘of the people of these United States; not to the government alone, but to the government, the capitalist, and, most of all, to the laboring inter+ ests. The gentleman from Massachusetts (Mr. Butler) says truly that a man can borrow millions op millions in New York to-day if he wants to borrow it on call, but that, if be offer commercial paper and desire money for six or eight or ten or twelve months, he cannot get it except at a large rate of interest. And then the gentleman gave a reason, which, to me, is the most amazing reason that could be given. The reason why money cannot be go borrowed, he says, i8 that capitalists who have money in their hanas will not lend it for ning or ten months ahead for fear the legislation of Congress will make that money better at the time it is to be paid back to them. Now, who ever heard a reason like that given for anything in the worla? I can under- stand that Rana the reverse is the reason of the money lender, He declines to put his money out of bis hands fora number of months because ot his fear of just such measures as this. vending to depreciate the value of his money and to provide that it shall come back into his hands worth far less than when tt leit him. The gen- yeman sa} p toa In Wg tate and all the States the businéss of thé country slumbers on a yolcano because, {or example, the $200,000,000 iit the sav- ings banks of Massachusetts ure invested there on call, and, he says, that should even the servant girls of that State at once make a demand for their deposits the business of the State would col- lapse. ow, if I understand the nature and effect of this bill, jt 1s to put the entire finances of the United States {n jist auch a posi- tion as that in which the gentleman pictures the affairs of his own State; to say that all the great obligations which this government owes shall be obligations on call; to say that there may be @ rush, not of servant ers @lone, but of all the speculators in the land, to demand either more greenbacks for bonds delivered or more vonda ior greenbacks delivered. Of course ali the great volumes of money which New York capitalists hoid to-day and are willing to lend at two per cent on call, a8 the gentleman says, would be lent to the government at 3.65 per cent during the times when it was uot requirea for more profitable uses. Mr. KELLEY—Would the government be injured by receiving at 3,65 per cent, paper interest, and redeeming SIX per cent gold bonds with it? Mr, GARFIBLD— With the prospect of being callea on.the next week to use more than what they got jor it in redeeming it when it was presented to them to get currency again. This is a proposition to the effect that, if there be a lull in business in the United States, so that a Jew militons or a hun- dred millions a be lying idle at any time, the Treasury of the United States shail take that and give the capitalists interest on it, But the moment that tne copies finds ® more profitable use for his money in speculation he comes to the Treasury and says, “Give me my money now; | have not needed it while you have had it, and you have paid me interest upon it; but now that I can speculate with it at a higher rate give it back to me. Mr. KELLEY—Why do not the owners of the $60,000,000 which lie dead in your Treasury draw them out? They stand there & perpetual reiuta- tion of that argument. Mr. GARFIELD—If the gentleman pursues a policy which demoralizes gold and makes it a mere commodity, IJ do not wonder that mea who have gold ure willing to leu the Treasury keep it jor them; but let gold be made money—the money of the constitution—and they will soon withdraw It. Mr. KELLEY—It 18 not $60,000,000 of gold, but of greenbacks. Mr. GaRFIELD—I have but a few words more to say. We have been going through a great struggle, that began when the war broke out and has not yet ended. We passed irom the level of peace up tothe turbulent and stormy heights of War, and a8 @ dire necessity, not as a matter of statesmanship for peace, but as a terrivie fell | necessity of war, we isaued $350,000,000 of paper forced joan, with the jull purpose of all thoughtiul statesmen of that time to take it up at the earliest possible moment and _ restore the government to the money standard ot the constitution. We went up pdoom- ing in those days of increase and inflation, and as in such umes all business 16 eagy, 80, when we attempted to return we found it very hard. We have been coming down through great tribula- tions, distress and panic and hard times, jor all mark out the pathway downward toward solid values. The gentleman irom Massachusetts (Mr. Butler) says there has been twenty-five per cent of shrinkage in Massachusetts and thirty-three per cent in New York. There has been great sbhrink- age everywhere. and now, when we are almost down to suild ground and honest values, the prop- osition of these gentlemen is that we cut loose Jorever. Isay iorever in the sense the gentleman irom Massachusetts (Mr. Butler) used it—from tue oid traditional values of our money—and go off floating, ballooning, fying, with no hope of return forevermore. I should feel myself base it I did not protest to the extent of all my power against any scheme that proposes to send this eae back again into the clouds and darkness through which we have come ip our financial af- fairs. Ir there was ever @ time when American statesmanship needed courage and seli-denial— that seif-denial that suall reduce, reduce, reduce expenditure and expaxsion, and resist all schemes: that would help to keep us from solid values, honest industries and nouest results—that time ts how. In my judgment this country owes a dent of gratituae to the President and the secretary of the ‘Treasury jor their utterance on tuat subject, and I believe they will receive toe thanks of the better and more thoughtiul classes of tne people in this country without distinction of party. I trust that we shall not mistake efects for causes, Iam amazed at gentiemen who say that the cause of our disaster is a lack of currency, and that more currency is the remedy, On the contrary, it is Clear to me that one of the prime causes of our disaster has been our unsettled, unsteaay, fuctu- sting aligned. } ong the remedy Jor it ali is to Mr. Dawes, (rep.) Of Mass., chairman of the Committee of Ways and Means, remarked that, upon his motion, the House had gone into com- mittee, not Jor the purpose of precipitating this debate upon the country, but for the purpose of addressing itself to current business. Yet, said he, [ do not know that I regret that we have come at once upon the subject which rises above all others in importance, and presses itself more than apy other lor @ solution upon the cousidera- tion of this Congress. 1 shall myself, so tar as I can, endeavor to urge upon the House the considera- tion of this question until they announce to the fore some settled policy upon it; and I desire, herefore, to ask the committee to rise now and to permit us on the morrow, if it be convenient, to renew this debate, not simply for the purpose of indulging in debate, in general platitudes or enunciations of principles, but lor the purpose of applying ourselves ¢o the solution of this whole question. Tne government of the United States has $382,000,000 of its promises afloat in the land. No other nation has the like. This nation inno other hour of its history was ever in this situation, The dificulties that beset labor and capital arise solely fromthe depreciation of this $352,000,000 of promises. They are the promises of the government. They are below par. That measure, aud that measure alone, will bring the reiiei to this country which will e them on a par with the money of the civil: need not address ourselves to any coll these promises equal to the money of the world? They are the promises of the government. It is the govern- ment that has depreciated its own prom- lt is incumbent on tne government forced to ence between it and gol ve tolerated by the Civilized world, or will bring relief to the distress of labor, the stagnation 0! the disturbance of values—these being all 8s Mr. Cox, of New York, deprecated the renewal of this Anancial di ion as necessarily fr le We know, said he, that oo results will tow irom It except those fluctuations in business which fre gure to iollow such Congressional agita- tion, The solid the business mean, the merchants not oxpect | would be wise, jar party, When in power, to settle this they can. Business, if reviving, will feel from this discussion of the subject, Speculators thrive on these inconsequential debates. We know the Senate will not pass this measure and tne House should not, and, if it were passed, the President would veto it. Mr. KBLLBY rose to @ point of order and pro- tested against any attempt to overawe the House by threats of What the Senate or the President would do, Mr. Dawes insisted on his motion that the com- mittee rise, Mr. Cox—This 1s the dying kick of a aying party, (Laughter,) The committee then rose, the bill was ordered who would not come into @ republican party to be printed and the Llouse adjourned at a quar- mplex Gontrags | berause they woud Dov ge Sor bringam wp te} ber 50 jour P Ale SUFFERING IN NEBRASKA, General Brisbin Before a Meeting ot the Produce Exchange. IMMEDIATE ASSISTANCE Scenes in Some of the Counties as Re- ported in Omaha. Geneva Brisbin and ex-Governor Sanders, of Nebraska, explained to the membérs of the Produce Exchange yesterday afternoon, at a meeting of that body held in the Exchange Batld- ing on Whitehall street, the nature of the present distress among the settlers in Nebraska and what it has resulted from. The meeting took place at two o’clock and was largely attended, Upon the retirement of General Brisbir from tne President's platform, from where he addressed the meeting, the Secretary of the Committee on Charities announced that the President of the Exchange had appointed the same committee as had acted last year, and that the committee were inclined to advance $1,000 they bad in nand to aid the Nebraska settlers, feeling confident they would make up more than that amount for the present appeal. Mr. McCul- lough arged the members of.the Exchange to send in their subscriptions early, in view of the neces- sities of the people. General Brisbin says tt is im- portant to the people of the East that those who have suffered this year should be placed in & con- dition that will enable them to raise a crop next year. The grasshoppers will probably go el where, and the people who are now the beneficiaries may become the benefactors here- alter. It is thought by many that the grass- hopvers only hop, but they fly, and are capable of long Journeys on the wing. They were three days fying over the city of Omaha, and must have con- tinued their journey 150 miles belore they alighted, as none were found nearer the city than that distance in the direction they took. Their course 18 generally from west to east, following al- most the exact route of THE COLORADO POTATO BUG. A country visited by them one year is apt to escape the next. The people of Nebraska are hopeful and confident that with assistance they will be able to raise a crop the coming year. The grasshopper when he first comes out of the eartir is a feeble insect thar crawls sluggishly over the ground, and is not voracious and does no damage. They only become voracious after their first long flight. The soldiers and Indians reported them last year at the foot of the Black Hills and Bad Lands. They entered the beau- tilul and fertile State of Nebraska along its north. western boundary, and swept the earth clear of crops as they went, passing out over the southern boundary into Kansas. The insects do not uestroy beans, sorghum or peas. No person can con- ceive of their numbers. The Valley of the Re- ublican 18 full of holes where the females have Bepositea their eggs. These look like the spawn ot and each deposit produces from 150 to 809 grasshoppers. The ground where the deposits are made ought to be broken and the eggs de- stroyed, even, if to do a an appropriation from Congress {s required. Nebraska is @ compara- tively new State, having been settled only ten yeara, Omaha is the only city that contains any Sauaiesraela population, They did all they could there for BELIEF FOR THE SUFFERE and did not make an appeal abroad for aid antil they found they could not carry the load. The necessities of the sufferers are great. One-third of the women and children are barefooted and need clothing. Tuis is the second year they have been in the State, and consequently they have nothing ahead, It must pot be inferred that Nebraska 1s @ . It is really one of the most tertile and beautiful com- monweaiths in the Union, and had but met Witha misiortune such as 1s table to fall pon any State. When | was commissioned to travel into the country the grasshoppers had passed over and report the condition of affairs I tound there, I proceeded on the 15th of September to the Valiey of the Republican. | travelled to Plum Creek and Arrapaho, the county seat of Furnas county. AG Pium Creek, which is the shire town of Dawson county, I met with many citizens of the county and learned mucn of the condition of the people, A statement was made to me by Mr. Dantel Free- man, aresident of Plum Creek. He said :—Ihe pop- ulation of our county is avout 2,500. The district has been settled apout two years. Fully eight tenths of our crops this year were lost by grass hoppers. Little iocal ald can be given by our peo- pie, a8 nearly all are new beginners and poor. jome few families are in want at present and many will be soon. Several families have leit the county, and more are preparing and wilh go unless aid to help them through the winter can be given. What most concerns vur farmers is 1o know how they can get seed for next year’s. crop. Our people do not wish to be putin the Position of mendicants, if they could borrow food and seed now, in a year or two wey could and would gladly return all they get. They would much rather do this than receive aid as an entire charity. We have no local aid society organized as yet, but steps for the organization of one will be immediately taken. I went -next into Gosper county and there met a Mr, Sylvester Beard. He saidto me, “liveip the southern part of the county. There are about 250 people in our dis- trict. It has een settled about two years. Wheat, corn, oats, potatoes and sorghum are raised, THE CROPS LOOKED FINE until the grasshoppers came and destroyed them, We wili be anabie to raise locat aid for our peor! ‘ Some of them can get through without ald, but they will be unable to give ald for others. There are about twelve families now in need, aud many more will need help soou. The whole num- ber of persons now or assistance we thitk about sixty. Two-thirds of our people will have to be carried through the winter. any bave lit- tle or no clothing. Mr. LaRue’s family, Mr. White's, Mr. Warren’s and Mr. Russeil’s are now in abso- lute want. [bree or four families have leit the county in consequence of the grasshopper plague. A good many men have gone off to work, or sent their families East, but will return in the spring. ‘Phe land in our county is good and raises large crops when lett alone, Our farmers Nave no fault to find with the land, and are not discouraged or dissatisfied with their farms in consequence ol the grasshopper troubles. If it had not veen for grass- hoppers they would all lave raised excellent crops. Very few of our peopie can get seed for next year’s crop.” In Furnass county | met a Mr. Harvey, who said to me ‘A good Many peopie have leit this county on account of grasshopper troubles, but the demigeants are coming in and the number of tiéw settlers will probably largeiy exceed the number of people going out. live at Arapahoe. Our county has about 1,500 settiers. It has been settlea three years. The crops have generally been good when not destroyed by grasshoppers. This year they looked fine watil the grassnoppers came, We raise Wheat, corn, Oats, bariey, broom corp, Sorghum, potatoes and all kinds of vine vege- tables, The eopie of the county can be gi ‘rhere are a few families in the county that ar need now, We mention five or six:—Mrs, Briggs, a widow, and two children; Mrs, adam Wright ad six cnildren; Mrs, Alex: ler Hogeberry id four children; Mrs. Schneider, and one or two others, we think, should have tmmediate relief, Our people will need more help in the juture than just now, Boots, shoes, four, meat, coro and clothing will be required. Many chil- dren bave no underciothing aud little overclotne ing. Flannel would be best to send. About fity jamilies bave lett the county. Hitchcock county hus a population of about 200 people. It has been settied a year and a nal They had no crops Up to the time of my vis jome corn and pota- toes were planted, but everything was destroyed vy grasshoppers. This year a good cro; put im, bat the gi ‘Phe crops looked fii The people are generally Tl milies in the couaty that require immediate much needed, and, I’m airaid, s00es and clothing will be required. if they bi ammunition they migat be able to take down A LITTLE Gam! small game, of course. was no buffalo, The cattle had all gone from that Nag eg hed the head of the Republican River. In Red Willow county | met a Mr, Wildman, who said to me, “1 live mear the centre of the county. We have about people. Tne county has been settled about two years, The crops have generally been good. We raise wheat, oats, corn, barley, sorghum, broom corn, potatoes and ali kinds of vines, Everything looked well my © until the grasshoppers cam the people had, The settlers poor, and little local aid can be abvut ten families that need tel; tion’ out people could Kull game, A good many jon our opie cou ame, people have been talkin, ott leaving, but tow ave gone, Some are off workil pa? Lr aa oe ee, a genera’ and our farmer: with taele” panne. Our oniy trouble bas grasshoppers. in each place beln Aud so it went on,,th Lary Ao eee Ee cant Re almost the e, the hardest ‘ime, e fear, 18 yet to come, One of 2 Senators from Nebraska yesterday introduced @ bill into Congress asking the government 10F help to carry the people over the win’ but, of course, we can’t teil for some time yet whatshe result Of that will be. We hope always log sap best