The New York Herald Newspaper, December 11, 1874, Page 3

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WASHINGTON. The Evils of the Kelley Finance Scheme. SUBLIMITY OF FOLLY. ‘Hr. Phelps’ Plan of Forming a New Loan to Pay an Old Debt, THE PACIFIC MAIL CORRUPTION | Contradiction of the Rumored Intent of | Mexico to Oede Away Her Territory. Wastincron, Dec, 10, 1874, @he Work in the House—Mr. Dawes on the Kelley Finance Scheme—The Civil Rights Bill and Party Tactics. Im the House the debate on the Kelley bill was Fesamed and some@nat energetically prosecuted, Mr. Dawes making a well preparea speech, in the course of which General Butier several times at tempted to interrupt hm. It was thought that the speech and Mr. Butler’s interruption would both help Mr. Dawe® in Massachu- Betts, The discussion 13 mot concluded, nor are the republicans in haste to fish it. They mean to gain time for private Qiscussions, by which they hope to come to some common ground. The Kelley bill is, therefore, a fortunate beginning for them. Strong efforts are Making to secure unanimity in the party. Their Policy is to prepare as quickly as possibile a sound and acceptable bill for the reform of the currency; to get the President and the Secretary of the Treasury to agree to it, and then to use the party strength to carry it ‘through to success. The President is said to be awake to the urgency of the case, He isre- ported to haye said that if, when a policy is adopted, any member of the party finds it impos- sible to support it, it would be unjust to seek to detain him in the party lines, and unjust to him- self for him to remain, There seems to be no doubt that a vigorous effort will be made to de- ‘Vise and push through a reform of the currency. ‘How it will succeed no one can yet tell; but the leading republicans are certainly awake to the greatness of tho perils with which they are ‘edged in. There was & report that Judge Hoar would call up the Civil Rights pill from the Speaker's table on Monday, move some amendments ana have it ‘passed by the House, if possible. Meantime, the Judiciary Committee are consulting on the Civil Rights bill, and some amendments will be pro- posed there, betore it is reported. There is a @rowing suspicion that the democrats are not so Maouch averse to some form of Civil Rights bill as they were, and that if the republicans snould fail to pass a bill they will, at the next session, per- haps, take up the measure and at least secure the Fight of equal accommodation of the races on rail- Foads and perhaps in hotels, leaving out the gschool and cemetery clause. Many influential democrats acknowledge that on railroads it ts put Just tnat all should have equal privileges, and that the hotel question is not much different irom that Of raliroads, The session promises to ve one of much Mancuvring, the two opposing par‘ies stand Jace to face and neither means to blunder. Itisa Gecisive battle for which they are forming plans, amo probably the republicans will take care that, atleast during this session, few or no jods snall be passed. They fecl that vigilant eyes watch every movement of theirs. There will be, as ic mow looks, less legislation than was at first thonght. The democrats are wary and hola their Men well in hand. Renewal of the Pacific Mail Investiga- tion—Some Tangible Results Hoped For—The Lapses and Sins of the Forty= Second Congress—Excitement and Fear Among the Lobby. ‘The sensation of the afternoon was the move. ment to investigate the Pacitic Mail Steamship Company. The intention seems to be to make thorough work of it. The Committee of Ways and Means determined yesterday to summon hither for examination in the Pacific Mail troubles Messrs, Russell Sage, Rufus® Hatch, Cornelius Gar- mison and M. Irwin. Subpoenas were sent to New York last night snd the mat ter was kept absolutely secret here until the Assistant Sergeant-at-Arms bad had time to serve his writs. Only three of the witnesses were found. Mr. Irwin, who is said to have been here some days ago and is supposed to be anxious to testify, was not found, so jar a8 known this after- noon. In the latter part of February, 1872, near the elose of the Forty-second Congress, on a resolution offered by Mr. Randall, of Pennsylvania, the Com- | mittee on Ways and Means was instructed to in- vestigate the Pacific Mail steamship sabsidy and report whether there had been any bribery or corruption in securing the annual subsidy of $500,000 per annum, The committee began its labors by summoning Cornelius Garrison, of New York, who was examined, but nothing of import- ance was gained. Two other witnesses, named King and Smith, were also examined, when at the close of the session the committee were onliged to report to the House tnat the investigation ‘would have to be continued by the next Congress, The evidence then taken was sealed, to be deltv- erea to tie Ways and Means Committee of the Forty-third Congress. The recent troubles among the officers of the Pacific Mail Steamship Company revived the question, and at the meeting of the Ways and Means Committee yesterday Messrs. Dawes, Kasson and Beck were appointed | B sub-committee to examine the evidence already in possession of the commitiee and continue the investigation. Telegrams were to-day received from New York to the effect that Russell Sage will be here to-morrow, when the investigation will be renewed. The first thing in order will be a resolution to conduct it Dpenly, so that the present Congress and the country may have the benefit of all the facts. It is Said to-night that a majority of the committee will favor this resolution. Niblack, Wood and Beck, Kasson and Sheldon are known to favor a public examination, but one other member 1s necessary to make @ Majority and itis confidently asserted thai Ellis H. Roberts will give his vote with the five already named, This investigation, it 1s claimed, will check the proposed aid to the Texas, ‘Pacific and Atlantic and Pacific raiiroads, and de- feat all the schemes of the powerful lobby which it was supposed would try to contro! the latter part of the Forty-third Congress. The False Ramors of a Proposed Ces- sion of Part of Mexico to the United States. Pertinent to the revived report that negotia- tions are pending between the governments of the United States and Mextco for a cession of a Partof the territory of the latter to the former country, it can be officially stated that in October Jast Minister Foster sent vo Secretary iis two ar- ticles which had recently appeared in the Diarto Ofcial of Mexico, with translations thereof, re- ferring Lo that subject, the Minister adding, “The articles have special significance from their ap- pearance in the oficiai journal of the governmens, as indicating the sentiment of the present ad- ministration of Mexico upon a subject which has gained currency through unfounded newspaper reports,” Tne Diarto Ofwial of angust 16 firss re/ers to the rumor that the Mexican government has made proposition to the United States for the cession of the States of Neuvo Leon, Coahuila, Sonora, @ part of Sinaloa, part of Durango and the Territory of Lower Caiifornia and then adds, “The Mexican people have always re* garded with indignation any idea of a cession of a part, even an inch, of its territory, and to-day the public Man Who should propose such a thing would not even be judged as criminal, oui we should H hand him.over to the medica) sravernity as a case | NEW YORK HERALD, FRIDAY, DECEMBER Il, 1874.—TRIPLE * SHEET. ofextreme lunacy, Such is toe conviction of all Mexicans, Tos government has not made, nor Will 1% ever admit, pfopositions for parting witha Single jot of the territory of the nation.” All the Press of Mexico united tn declaring the report Which had originated on the Pacific coast to be Wiibout foundation, The report alao prevailed in Europe, but was promptly contradicted by Mexi- can commercial agents, The Printing ef the National Bank Notes—Tho Propesal that the Work be Done by Government Pr: 8. On “Tuesday nex$ the Banking and Currency Committee will have @ meeting to further consider the subject of taking trom the New York bank note printing companies the government work and putting it all under the control of the Bureau of Engraving and Printing. The sub-committee, Messrs, Maynard and Durham, have already taken near!y four bun- dred pages of testimony on the subject, which has been printed for the use of members of the com- mittee. The Secretary of the Treasury will be heard on Tuesday, and it is unaerstood that he will endeavor to convince the committee that the work should all be done in | Washington and in the government office. | He so advocated in his report to Congress, and has since prepared tabular statements to sustain his argument. None of the members have as yet formed an opinion, and will not until they have carefully reviewed the evidence furnished by the sub-committee, The Civil Rights Bill in the House Jadiclary Committee. Mr. Finck, of Ohio, who succeeds Hugh J. Jewett as member from the Columbus district, was to-day appointed to the vacancy on the House Jndiciary Committee, occasioned by Mr. Jewett’s resigna- | tion. This will enable the committee to proceed with the Civil Rights pill when that matter comes formally beiore it. The Trade im Cooliecs Women. Representative Page, of California, has arranged with the Foreign Affairs Committee to be heard before it on Tuesday next with reference to his resolution recently passed by the House, directing the Committee-$o inquire what legislation is nec- essary to prevent the importation of Cooliea for servile labor and Chinese women for prostitution, The Court of Alabama Claims—Impor- tant Decisions—A New Rule. The Court of Commissioners of the Alabama claims to-day announced its decisions in cases 11 and 239, as follows:— The allegation of loyalty must be averred in the petition of the claimant either in terms or in substance, 50 a8 tO Meet in this particular the re- quirements of the act of June 23, 1874, Where an amendment of the petition is neces- sary and tne claimant is on the hign seas or be- yond reach, the Attorney oj Record may amend 1t; vut he must set forth in an affidavit or depost- tion of @ third person the fact of such absence of the petitioner and the impossibility of his return in time to verily the amendment before the ex- Piration of the six months allowed for filing peti- tious with the Court, The question as to whether all sailors on Ameri- can vessels, of Whatever nationality, captured and injured by Confederate cruisers, are entitied to indemnity occupied the Court during the day, Mr. ©. C. Beaman, Jr., for the claimants and Mr. J. A. J. Creswell counsel for the United States, The Court adopted, with some change of phrase- ology, the following rule of practice, suggested by Mr. Alexander P, Morse, counsel for the claim- ant:— Whenever any deposition or document shall have been filed in any case before this Court either party to apy other case may use such testimony on the hearing theveol, provided that the party so desirmg to use suck testimony in a case in which the same was not originally taken, shail tlle a no- tice in the case in which such testimony is sought to be used, five days before the hearing thereol, of his intention soto do, specilying therein particu. larly the depositions or documents sought to be | used and the case or cases In Which the same were originally taken. Diplomatic Appointments. The President has appointed Benjamin Moran, of Pennsylvania, to be Minister Resident in Por- tugal. This gentleman, as is known, has been for many years Secretary of Legation at London, and } at the last session of Congress was confirmed as one of ‘the Apmstant secretaries of State, which office he declined. Tne President has also ap- pointed Wickham Hoffman to be Secretary of Le- gation at London, and Robert R. Hitt, of illinois, Secretary of Legation at Paris. Can g Disloyal Person Sue the Govern- ment 1—A Decision To Be Made. Jn the Supreme Court to-day the Attorney Gen- eral finished his argument in the case of Haycralt, appealed from the Court of Claims. The Principle involved 18.an important one, inasmuch as it will decide whether disloyal persons have the right to bring suit against the government to recover the value of captured and abandoned property. Hay- craft claims that by the proclamation of President Johnson, of December 25, 1868, he was relieved of all his political disabilities, and that he could not sue until bis disabilities were removed. The Attorney General argued that he could only sue under the act relating to cap- tured acd abandoned Lge ri A which was limited to two years after the rebellion, The impression among Members of the Bar 1s that the Supreme Court will sustain the adverse decision of the Court of Claims, First Operation of the New Postal Law. The first weekly returns of the weight of mai! matter at fifty of the largest Post Offices are all in and the results surprise the department. It is probable, according to these returns, that the Post Office revenues will be largely increased during the coming year, when, for tne first time, the department will actually and accurately get its postage on printed m atter, in the collection of which the country postmasters have been very derelict, Under the new jaw newspapers will continue to be carried free within the county where they are published, Mr. Wood’s Democratic Tea Party. | Mr. Fernando Wood's reception of the victorious democrats drew together a large and joily but very quiet compgny to-night, who congratulated | each other, spoke hopefully of the future, told no secrets, did not boast and Went home early. The Bronze Statue of Jefferson. The bronze statue of Jefferson, presented to the citizens of the United States, having been re- moved trom the President’s gronnds to Statuary Hall, at the Capitol, was placed in position to-day, where it was the purpose of the donor thatit should Stand when he presented it, | PROCEEDINGS IN CONGRESS. | and Chinese | SENATE. Wasuinaton, Dec. 10, 1874, | Mr. Scort, (rep.) of Pa,, introduced a bill for the | relier of the Alleghany Valiey Railroad Company. Referred to the Committee on Ciaums, Mr. MITCHELL, (rep.) of Oregon, introduced a bill supplementary to the act to provide for the payment of the expenses incurred by the Terri- tories of Oregon and. Washington in 1855 and 1856 in sappression of Indian hostilities. Referred to the Committee on Military Affairs. Mr. ANTHONY, (rep.) of R.L, from the Commit- tee On Printing, reported favorably on the House | resolution to bind 100 copies of the revised statutes without 'the index, Passed, . Mr. WriGurt, (rep.) of Iowa, said on Monday he @Aave notice that he would call up a bili to abolish the Western Judicial District of Arkansas to-day, but after examining the rules he sound that it could not be considered this week. He therefore gave notice that he would ask the Senate to taxe up the bill after the expiration of the morning hour on Tuesday next. He also gave notice that on Friday Of next week he would ask the Senate to proveed with the consideration of the bili re- ported trom the Judictary Committee at the last session declaring the true intent and meaning of the Unton Pacific Railroad acts approved July 1, 1862, July 2, 1864, and July 3, 1866, Mr. MORRILL, (rep.) Of Me., said he desired to obtain consent of the Scnate to Ax a day tor the consiue on of the Sill reported on Monday from the joint select committee to frame a government for the District of Columbia. The dill was a long one and its considerativn would occupy sone time, but there Was undoubtedly a pubic demand that this or some bill of the Kind shouid be acted on at an early day, He moved that Monday next be fixed Jor the consideration of the bill, Agreed to. . Mr. HAMLIN, (rep.) of Me., introduced a joint resolution appointing George Bancrott a member of the Board of Regents Of Smithsonian Institure in place of General W. 'l, Sherman, resigned. Agreed to. Tr. WASHBURN, (rep.) of Mass. introduced a bill amendatory of the fourteenth section of the act toestablish the judicial courts of the United States, approved September 2, 1784, Keferred to the Committee on the Judiciary. | Mr. PaTreRson, (rep.) of 8. C., introduced a ‘ill | amending she Gopciuding previsg of segtion 2 | | hands of labor. Of the Revised Statates of the United States. Re- ferred to the Committee on Finance. Mr. EDMUNDS, (rep.) of Vt., presented 3 memo- rial of tae Houston, Trinity and Tyler Railroad Company, of Galveston, Texas, praying compen- gation for railroad tron taken by the militar: authorities for the use of the Unived States, in Gal- in 1865. Reierred to the Committee on BourweLt, (rep.), of Mass., presented & Memorial of Alexander Henderson, late Coneul at Londonderry, Ireland, for the payment of the balance of compensation due him, Referred to the Committee on Commerce. Mr. Hagen, (dem.) of Cal, introduced a dill for the adjudication of tities to lands claimed by José Apis and Paoio Apis in the State of California. Ree ferred to the Committee on Private Land Claims, Mr. WRIGHT, of lowa, introduce bill providing for holding terms of the United States D: Court ior the southern Division of Lowa at Bur- ington im said division. Referred to the Commit. tee on the Judiciary, The Senate then, at a quarter to one, on motion Of Mr. SHERMAN, (rep.) Of Obio, proceeded to whe consideration of executive ousiness. At five minutes past cne the doors were re- opened, Mr. BOREMAN, (rep.) of West Va., moved that When the Senate adjourn to-day it ve to meet on Monday next, Agreed to, Mr. CAMERON, (rep.) Of Pa., presented memo- rials signed by a large number of American sea- men. praying for such legislation as will better promote the efficiency of the Marine Hospital ser- vice. Referred to the Committee on Commerce. The CHair laid before the Senate a message from-the President of the United States, communt- cating, in answer to the Senate resolution of Feb- ruary 3, 1873, iniormation in relation to the condi. tion of the records and documents of Mexico, relating to land now embraced in the Territory of Arizona and New Mexico; also to their place of custody and deposit, and to the method of procur- ing authentic transcripts of such records, Orderea to be printed and laid on the table, Also a message from the President, communica- ting in obedience to law a Statement of fees ac- counted for by consular and diplomatic officers of the United States tur the years 1873-'74 together with the rates of fees and lists of consular officers in office on December 20, 187%, Referred to the Committee on Commerce. Mr. Wxst, (rep.) 0! Louisiana, from the Commit- tee on Apprupriations, reported back the House bill appropriating $30,000 for the purchase of scales for the Post OfMiceawith an amendment that Troposals for iurnishing such scales shall be Invited for at least seven days and the contract to be awarded to the jowest responsible bidder. ‘The amendment was agreed to and the bill passed. The Senate then at ten minutes past one P. M. adjourned till Monday, HOUSE OF REPRESENTATIVES. WasuINnGTON, Dec, 10, 1874. Mr. STowBLL, (rep.) of Va., rising to a question of personal privilege, referred to charges made against him by his political opponent (Porter) of having sold a naval cadetship for $1,000 to one Schoolcraft, and of having sold his votes on other questions, He said he had not had an opportunity of denying it before the election, but the result of the election had shown the opinions of his con- stituents. He had subsequently in a letter to the Petersburg Index denounced the charges of Porter as infamous lies and vile slanders. He now asked tor an investigation by a committee of the House, The matter was, on motion of Mr. FRYE, (rep.) of Me,, referred to the Committee on Naval Affairs, with power to send for persons and papers and to report atany time, Mr. Beck, (dem.) of Ky., offered a resolution calling for the report of the present condition of | the Freeamen’s Bank, setting forth what progress | has been made toward closing up its affairs. | Agreed to. Mr, WHITTHORNE, (dem.) of Tenn., introduced a | phil directing tne Freedmen’s Bank Commissioners to declare an immediate dividend and to institute Bult against the trustees, officers and agents of | the company witn @ view of holding them per- sonally liabie. Referred. Mr, DUNNELL, (rep.) of Minn., introduced a bill for the extension of time to the Winona and St. Peter’s Railroad Company to extend its road. Referred. Mr. Fort, (rep.) of Ill, Imtrodaced a resolution to print 230,000 copies of each of the agricultural reports for 1872 and 1873, Kelerred. \ Mr, HoLmaN, (dem.) of Ind., offered a res olutton to amend the rues so as to make it in oraer to move to amend any appropriation bill by abolisn- | ing any office of public employment, or by reduc- ing the salary or compensation of such ollice, Relerred to tne Committee on Rules. BILLS INTRODUCED. { Bills were also introduced and referred as fol- lows:— { By Mr. WiLson, (rep.) of lowa—For holding a terin of the United States District Court at Bur- ington, Lowa. By Mr. WILSON, (rep.) of Ind.—To repeal the | second section o! the act of the 5th of February, 1867, amendatory of the Judicial Act of 1789; also prescribing the jurisdiction of the Circuit Coury im certain cases, By Mr. DUELL, (rep.) of N. Y.—Authorizing the Postmaster General to contract for carrying the malls irom New Yorke to the republics oi Vene- zuela, Colombia and Hayti, and to the islands of | Jamaica, frimdad aud Martinique. Mr. MCDOUGALL, (rep.) 01 N. Y¥.—To reduce and fix the Adjutant General’s Department. By Mr. SCUDDER, (rép.) vl N. J.-.To amend the act for the construction of the Jersey City Post Oitice, Mr. SWANN, (dem.) of Md., from the Committee on Appropriations, reported the Dtplomauc and Consular Appropriation bill, appropriating $1,344,785, which Was made,the special order for the 23d inst. Mr. NEGLEY, (rep.) of Pa., from the Committee on Commerce, reported a bill amendatory of the act for the construction of the St. Louis Bridge across the Mississippi Kiver. Made the special order for Monaay next. Mr. WILLARD, (rep.) of Vt., from the Committee on Foreign Affairs, reported a bill repealing the third section 01 the last Diplomatic Appropriation bill, which, alter explanation by him, was passed, The repeaied section torbids consular officers to | grant certificates for goods or merchandise ship- ped from countries adjacent to the United States, wnicb have passed a consulate, after purchase, lor shipment. A CASE IN THE COURT OF CLAIMS. Mr. BRIGHT, (dem,) of Tenn., offered a preamble and resolution in regard to the Hot Springs reser- vation in Arkansas, requesting the Court of Claims to suspend action in the case during the present session of Congress, in order to give the heirs of Don Juan Fethiol an opportunity to present their ciaim. A 1ong report was read and a tarther ex. | planation was made by Mr. Bright in support of the proposition. Mr. PorreR, (dem.) of N. Y., opposed the reso- lution and argued agamst the propriety of in- teriering with the action of the Court of Claims, intimating, in the course of his remarks, that the utle to the Hot Springs was in the government and not in any private individual, Mr. WILLARD, of Vermont, also opposed the reso- lution, suggesting that one object of it was to delay an anticipated adverse decision against all the pending claims. Aiter Jurther discussion the resolution was re- ferred to the Committee of the Whole om the pri- vate calendar, THE 3.65 FINANCE BILL. | The House then, at a quarter to two P. M., went into Committee of the Whole, Mr. TYNER, (rep.) of ind., in the chair, andresumed the consider- ation of the bili authorizing the issue of 3.65 con- vertinie bonas, Mr. WILLARD, (rep.) of Vt., offered an amend- ment to it, providing that greenbacks shall not be a legal tender in payment of debts contracted alter the 1st of Jnly, 1875, Mr. DAWES, (rep.) \of Mass., Chairman of the Committee on Ways and Means, opened the debate. | lie spoke of the present condition of vhings a8 be- ing traught with evil, and said that the ence of the people was well nigh exhausted. ‘The ques- tion was whether the pending bill would remedy the evil, There was no lack of earnestness for the remedy, but there was great diversity of opin- ion as to What would prove a remedy. Why was lt that labor was out of employmenés and that capital was: not willing to venture itseli 10 the His colleague (Mr. Butler) had | given as @ reason tnat capitalists were atraid lest Congress should contract the currency. His col- Jeague’s argument had two parts; first—That cap- italists Would not lena money on time, because they were afraid that Congress and the Executive | would contract the currency. / hia BUTLER, :(rep.) of Mass.—That 1s not my pro- | position, Mr, Dawks—If there was anything in the argu- ; Mentit would be becanse the currency when con- wacted 18 Dot worth as much to tue creditor when his debt is paid Mr. BurLEk—Not at all. Mr. Dawes—If money {s worth more to him When the debt is pata, then, of course, he would rather lend his money on time, The fact 13 that capitalists are afraid to lend money on time lest the currency should be, not contracted but ex- panded, and because they know that an inflated currency is not Worth ay much #3 & contracted currency. Mr. BUTLER protested against his colleague's misrepresenting his (Butler's) argument, Mr. Dawks, to show that he WAS hot misrepre- senting him, read trom the press report of Mr. But- ler’s speech, wherein he said that if a man wants money as a business loan te cannot borrow it on commercial paper at jess than seven, eight, nine And ten per cent, because tt was understood that Congress and the Executive were determined to contract the currency antl specie payment was reached, Mr. BUTLER—That ts true, Mr. Dawks (proceeding with his argument) de- clared that, with the gentleman from Ono (M Garfield), he rejoiced that the bands of Congress | were beimg stayed up in the effort, if it had the courage to make tt, to bring the country back to the laws of trade, STRETCH OP FINANCIAL IMAGINATION, The effort of the pending ili, however, Was to perpetuate the present condition of things. {0 Its saving interest to the government he pro- ceeded to demonstrate that it would Increase the burden of interest to the government. He also argued that tuasmuch as @ ive per cent thirty year vonu, payable in goid, is now wortn only par in the marget, 3.65 thirty year gold bonds would be worth only signty-four per cent, and, i} payable m currency, would be worth ten per cent less. He charanterized Mr. Keley’s ideas | As | | Ington lor over fiteen years, where ne was em- as the sublimest stretch of financial imagtnation and the loitiest Might of political’economy that bad | ever been sent abroad on the air irom the House, and suggested that no holder ol five and six per cent gold bonas was gowg to be tool enough to exchange them for 3.65 per cent curremcy bonds, As to his colleague’s assertion, that it took four bushels of corn to transport one oushel from Jowa to the Atlantic seaboard, he uae had referred to the price current and found that corn in Chicago cost seventy-five cents a vushel, and that the transportation trol Chicago to the seaboard was only irom twenty to twenty-two cents a bushel, Mr. BUTLER—Does Chicago produce corn? Mr. DAWES, passing from this point, and touch- ing on Mr. Butler’s allusion to the savings of the Massacnusetts servant girls, and the consequence of their witudrawal from tbe banks, proceeded to argue that the direct and inevituble consequence Of Lhe substitution of the pending vill for the ex. isting state of affuirs, instead of bring- tug relief by ADCS the greenbac! to gold, would sink it ten and .fiiteen per cont, and thereby take om the laborer ten and fifteen per cent of the purchasing power Of bié day’8 Wages, and cut down his now scanty loaf of bread. He argued that the greenback would be worth a3 Muca as gold to-day If the gov--- ernment would pay it when presented, and it never would be worth a8 much as gold until the government did that. Letisdo that and the rest would follow. Another way to bring the green- back up to par was to make it scarce by contrac- tion or otherwise, He had proposed at last ses sion the iunding of greenbacks into goid bearing bonds, Then, i! any legisiation should decide in ellect, that as between greenvacks and national bank currency, the former should go to the wall, they would go there without loss to the holder and without dishonor to the government, THE TIME LEST FOR PARTY PROBATION, In couciusion he said:—fhose who are respon- sible for pubiic afairs have no time to lose; we gauput » ourduty In the premises no longer; e republican party has just three months to save or Lo destroy its existence; uo Other power than itself can accomplish its ruin; it will pass out 01 mind and memory in the politics of the country, Mat all, by itsown hands, It has the power ag well a8 the privilege of accomplishing either of these results, Whatever in the near future awaits thal party let it not die lor want o/ courage." BORROWING MONEY. Mr. PrEtrs, (dem.) oi N. J., also argued against the penaing measure. He argued that a fluctuat- ing currency was a bad currency, and one that could only harm the governmeny and the people, and that it was possibie jor the government to redeem tts honor and julfl its promises by borrow- ipg money, It would not be necessary to borrow Such ap amount ag would balance the amount of circulation, dollar for dollar, ‘the experience of banking had been that a relatively small propor- ton Of money was sufticient to satisty and foat a large proportion ol currency. Jt was the duty of the government when it had @ currency unequal to par, and when it could correct that by borrow- ing money and redeeming its promises to pay, to Proceed in that rational manner tor the rehabilita- UoG of the national honor, aua for giving to the people @ currency equal to the money of the wor! Mr. KELLEY, (rep.) of Pa.—Do you relieve your- sell of debt by borrowing money to pay it? That is the Micawber method, Mr. PHKLes—The gentleman from Pennsylvania fails to make the distinction that is generally made in the minds of all business men, and which was even made by Mr. Micawber, whom I would Dot Cite as the very best illustration of » prompt business man. If 1 have borrowed money for ten years lam not insolvent and have not broken my Promise, and am Dot in the hands of my creditors Until the ten years have expired and the payment of the debt 1s demanded, but if I have promised to pay one day after date, and the day has come and the promise is brought to me jor fuifilment, am disgraced; 1 have broken my promise; 1 am insolvent; fam in the hands of my creditors, unless then and there I meet my promises, And this is what I ask the government todo. 1 ask the government to pay the promises it made twelve years ago, to pay these | greenbacks on demand doliar Jor qdoliar, and ask the government io do so by borrowing on its ponds, payable fiity years alter date, Money with which to pay its present indebtedness. In my opinion there is but one way to make the currency equal to money, and that is to foilow that straight narrow path, which is the path of honesty. ‘The government must pay its debts when they are due. ‘rhen alone can we expect to be again a prosper- ous and happy and honored nation. Mr. H. &. SMiTH, (rep.) of N. Y., declared him- Sell opposed to ail inflation, tn favor of the resump- tion of specie payment by the goverument at the eariiest Moment possible without serious disaster, and opposed to an expansion of the currenc ‘Tnere were some teatures in the pending meas: Which impressed him favorably,but there were very grave objections to it. There was illimitable ex- ansion init, because these bonds of small denom- nation Wouid circulate as currency. In order to guard against that be would move to amend the bill by making the lowest denomimation of bond At the cloge of Mr. Smith’s remarks the Commit- tee rose without action on the vill, On mouon of Mr. TYNER, (rep.) of Ind., the Sen- ate amendment to the bill appropriating $30,000 jor scales required in carrying out the law for the prepayment ul newspapers, was concurred in and _Mve bill passed. " Mr. GARFIBLD, (rep.) of Ohio, made an effort to have an adjourpment until Monday next, but | severai votes sifowed @ majority of the House against it, Mr, Batler remarking that Mr. Gar- fleld’s Object was to preveut the action of the House on other subjects than the Appropriation buls. An effort to have to-morrow’s session set apart for debate only, was also successfully resisted, The speaker announced the following appoint ments to fill vacancies on committees. On Arkansas Afairs—Mr. Scudder, of New York. Judiciary—Mr. Finck, of Quio. a Civil Service Rejorm—Mr, Citvenden, of New york. Centennial—Mr. Schell, of New York. Invalid Pensions—Mr, Strawbriuge, of Pennsy!- vania, Education and Labor, also on Expenditures ih the fRacat Department—Mxr, Carpenter, of South Caro- ina. The Speaker also announced that by the opera- tion of the ruie Mr. Harmar, of Peunsylvania, suc. ceeded to the Cnairmansiip of the Committee on the District of Columpia, instead of Mr. Hale, of New York, resigned, The House thea, at quarter of four P. M., ad- Journed, | OBITUARY. peas het ceeimaas Stephen J. Colahan. Hon. Stephen J. Colaban, Clerk of the Brooklyn City Court, and Assemblyman elect in the Seventh district, died yesterday at his residence, Fourth street, near North Sixth, efter an illness of only thirty-six hours’ duration. On Tuesday, the 6th inst., he attempted to call the special panel of jurors summoned to attend the Beecher trial He had called about fifty names when his strength failed him, and be was opliged to leave the Court room, He retired to the cierk’s office and was there seized witi an attack of vomiting. A car- riage was called and he was carried home, He re- ured at once to his bed, hoping to recruit his strength by rest, but rapidly grew worse and Wednesday Morning was speechiess. He sank slowly but steadily throughout the day and Bight and aied yesterday morning at hall-past three. Mr. Colaban was aman above the medium neight, uf ne physique and singularly pleasing and attract ive demeanor, Perhaps there 1s no young man in pubiic life in the city of Brooklyn whose carecr had been so successiul and who gave. such prigi.. promise of future usetuluess, His genial and kKindiy temperament and warm heart ei - deared him to all who knew him and particulariy to those who were brought tn contact with him in the performance of his duties as Clerk of the City Court, From the Judges on the bench to the lowest official of tue Court all were sorrowin yesterday, and tears were seen in the eyes oO! men unused to weep. Sadness and gloom hung over the room, and on all sides were heard the quiet and subdued words of men telling, often with broken voices, of the regard they bore for the deceased, . Mr. Colaban was born in New York, December 25, 1841, and was consequently only thirty-three years of age when he died. His iatacr was ex- Judge Colaian, and irom him he inbertted the am- bition which led to bis entering St. Jahu’s College at Fordham, and subsequently the Law Depart- ment of the New York University, (rom which he graduated in 1862, O years later he entered the office of General Crooke, where he remained petal nea! In 1867 he was elected a member of the State Constitutional Convention, and was the youngest man in that responsible body, in 1872 he was @ delegate to the National Demo- cratto Convention at Baltimore which nomi- nated Horace Greeley for President. Tne same year he ran jor Congress, but was defeated by General Crooke. In 1873 ne was elected to the Legisiature by the democrats of the Seventh Assembly district, where he represeuted nis constituents so satisfactorily that they re- turned him to Albany at the last election, and he had been spoken o1 as @ fit candidate for Speaker of the House, He was algo clerk of the City Court of Brooklyn. As a speaker Mr. Colahan was polished and forcibie, and a3 @ man polite and urbane. In him his party has lost @ young man of much promise, When Mr. Colahan’s death was annonnced in the Brooklyn Vity Court yesterday, Chief Judge Neilson delivered a feeling eulogy upon the Ile and character of the deceased and adjourned for the day. Iinmediately after this action a meeting of the Bar was convened, When a general meeting Was called ior to-day, and @ committee named to draft suitable resolutions in reierence to the death of one of their number, Johann C. Kondrup. Mr. Johann ©. Kondrup, the Danish Vice Consul at Washington, died yesterday morning at bis residence on Capito! Hill in that city. Mr. Kon- drap was a native of Denmark, but ltved in Wash- Joyed during that timé as an engineer in the Bite States Voast Survey... Durie the last ten Years he was officially connécted with his own jovernment. Mr. Kondrup was well known and Mghly appreciated in diplomatic and social circies | in Washington. He held high positions tn the | Masonic Order, His death was bot unexpected, ay he was in fil heatth # long time defore his de- cease, being coufned to his bed fag ine last two LA Cuban Colonel Runs the CUBA, A New Way to “Bear” the Price of Gold. THE LATEST SPANISH OUTRAGE Blockade. NEWS FROM “MAMBI LAN } Havana, Dee. 4, 18; On Monday last there was considerable excite. ment created on Mercadefes street, at the corner | of Obispo, by four or five volunteers drawing their sabre bayonets and using the broadsides on a few street gold speculators who were running up the | price of gold, It appears that one of the volun- | teers wentinto the Cambia (Exchange Room), and seeing the price of gold posted on the bulletin (119 per cent premium) said he wished to purchase two ounces, He was told that they nad none for sale, that all bad been sold. On going into the street | he was met by some half dozen street operators who offered to seli him gold. He asked | the price and was told 135 per cent premium. | Words and oaths passed between them, when one of the volunteers drew his bayonet and struck the broker over the head. Several brokers immedi- ately collected, giving vent to their feelings in | loud talk, and four or five volunteers coming up at the time with their sabre bayonets drawn it Was thought a raid was being made and the brokers ran in every direction, No one was seriously nurt in the affray. Although it is said the volunteers had no orders to disperse the | brokers their action was approved by the authori- ties, for immediately afterward policemen were Btationed iu the vicinity of tne exchange offices and no one was allowed to tarry long enough to Pass the compliments of the day. THE EXCITEMENT CONTINUED, About half an hour after the above incident oc- curred two Catholic priests leit tite church at the corner of Mercaderes and O’Rielly streets, with burning candles and the ringing of bells, to ad- minister the sacrament to Count Coficnzo, an old resident of Havana, eighty-three years of age, who was supposed to be dying. Rumors prevatied on the streets that the volunteers nad Killed one of the brokers, and that the pries!s were on their | way to administer the last rites of the Church to him. To those who did not witness the affair the rumor appeared piausible and for some time cre- ated considerable excitement all over the city, To-day ail the exchange offices are closed, and the brokers are collected in groups of three and four discussing the last decree of General Concha, and are dispersed every few minutes by the police. AN OFFICIAL PRONOUNCEMENP AGAINST SPECULA- TION. A decree ts published this morning tn the Gaceta Ofcial, signed by General Concha, tn which he says there ia no cause whatever for gold fluctuat- ing from 105 to 155 per cent premium in one day, and concludes by saying that all persons specuiat- ing In gold and circulating sensational rumors will be punished. Rumors are again afloat on the street of the re- call of General Concha to Spain, and that General Jovellar will be sent nere to supersede him. RAIDING 1N THE INTERIOR. The only news from the interior is to the effect that Garcia and his company of bandits have been raiding on the different “estates in the neighbor. hood of the trocha. As his only object seems to be | the collection of money and clothes he does noé | offer the Spaniards battle. | A British Subject Seized at Sea and Im- prisoned by the Spaniards. | A letter from Havana, dated December 5, says:— { The British schooner towed into Santiago de Cuba | on the 25th ult, by a Spanish gunboat proves to be the Eclipse; of rort Antonio, She was hired by a Spaniard to take him to Santiago de Cuba and | was properly despatched. The current carried | her to leeward and she lost her reckoning and | Scbooner Village Bride, in Cuba, firmea by the report that Wa series off engagements have taken place pear Cienfue; with beavy loss to the Spaniards. Tne Spaniard: Still refuse to exchange prisoners. lt is Te ported—but | cannot vouch or its authenticity— that & Spanish General sent @ Sey ot truce to acting President, the Marquis of Santa Lucia, and tried to make some arrangements for peace, but the answer given was that # basis of peace could only be made with the Spanish government, eivin After receiving friends in Jamaici Spatches from government hea: my brother patriots /areweil alter # four days’ stay, and we dragged our boat down to the beach agsin, and launched her, accompanie¢ by our friends, Who came to wish us good speed. The return voy- age to Jamaica was performed in twenty-three hours, thanks to favorable winds, We left at seven o'clock on the evening of tne 27th of No- vember, We passed three vessels, but they took NO notice of us, aud at tour o’ciock on the ev on the northern coast of Jamaica, whence We made our way to Kingston and I came on to New York, SKETCH OF COLONEL PACHECO, Juan Luis Pacheco, Colonel in the Cuban army, 13 about twenty-turee years of age and entered the service of Cuba Libre tn his seventeenth year in company witn two of his brothers. He was at the commencement of the war, in 1868, attached to the staf of General F. V. Aguilera, now Presi- dent of the Cuban Republic, shortly after the Cubans had set fire to the town of Bayamd, in 1869, and abandoned tt alter several actious under Gen- eral Aguilera. Aiter Aguilera, as Vice President, left the island on a mission to the United States and France, Pacheco was sent to recruit his shattered heaith in Jamaica. after he nad stopped there for four montis he joined Colone) Mechier Aguerro, {2 te Edgar Stuart expedition. His last exploit was the successiul and ae ofa number of arms and ammunition, by the Brivsh He tried to do the same thing @ second time, but her cargo ol war munitions was subseqnently seized by the British authorities, He was wounded in severa) | engagements, THE XAVIER UNION. Reception to Archbishop McCloskey Last Evening—His Address to the Members of the Association. Tne Xavier Union gave a reception to Arch- bishop McCloskey last evening at their club house | in Fifteenth street, between Fifth and Sixth ave- nues, The rooms were tastefully decorated for the occasion, Soon after the arrival of the Arcubishop, accompanied by the Rev. P. J. Dealy, the mod+ erator, and other clergymen, the formalities of the evening were begun, His Grace was wele comed in a neat address by Mr, Hebberman. The Archbishop rephed as follows:— “] beg to say, Members of the Xavier Unt that I am mosy grateful to you for the gracatu welcome which you have been pleased to extend to me tuis evening, and fortne very kindly senti- ments spoken. Inust say thas tuis occasion is one highly gratiuying to me—not be- cause of the compliment pala to myself, but because of the honorable testimony which it bears to the sentiment and spirit by which Catholics are actuated, It bas been justly said that, altnougy the Union has been but a few years inexisténcé, you have already won for yoursetves @ high and honorable recog- nition, You have, indeed, won for yourseives an honorable position and name of which you may be justly proud, and of which not only you have a right to be proud, bat your fellow Catholics in this great city. Iam sure, too, that your rev- erend moderator shares in this pride, in which, I beg to say I fully participate. ou have shown yourselves—for | have had my eye on you {rom the Deginning—firm in the matotaining of the pur- poses witch you determined to follow at your first organization ; firm in all your aims and re- solves, steadiast in the purpose Of seeking to raise yourselves to a high and noble standard in aul that related to social live, in all that related to intellectual li/e, to citizen iife and to Catholic life. And by that spirit, which has bee communicated trom one to the other, and which has grown more and more into that true feeling, that true big hearcedness of the Catholic, of the devout followers of the Church, you have | shown yourselves to be affectionate children of the Holy Father—manly and courageous and un- shrinking in the profession of your holy faith; and 1 think all this has been strengthened in your hearts—lor you Know that in union there is strength—that a8 Cavuolics you have made your- selves stronger. Abd at this time you need strength, we all need strength as members of God’s holy Church; not to be atraid to profess, much less to practice Our faith,, and! titink that you members o/ the union bave shown yoursell blessed in tpis respect, The Archbishop closed by hoping that the mem- bers would always be actuated by @ trne spirit of headed the wrong Way. She was captured by tne Spanish gunboat, but the Britisn Consul protested and the schooner and crew, after the lapse of vnree days, were set at liberty. ‘The passonger remains a prisoner. This taking ofthe passenger out of a high seas an ped tatie § him may give rise to questions about the legality of the transaction, Colonel Pacheco Enters Cuba Libre with Important Despatches—In an Open Boat in the Caribbean Sca—A Perilous Passage—News from the Seat of War. 7 Colonel” Pacheco, of the Cuban patriot forces, arrived in this city yesterday from Cuba Libre, | whither he nad been sent on a special mission by | President Aguilera, now in this city. He crossed | tne Caribbean Sea from Jamaica in an open boat, carrying important despatches, and was the bearer of equally significant replies, What the tenor. of thesé despatches were cannot, of course, | ‘be made public at the present moment, As soon as | the Colonel left the Jamaica steamer which | brought him to our shores yesterday he delivered | his documents to President Aguilera, and shortly alverwards gave the following recital of his expe- dition to @ HERALD reporter :— PERILOUS ADVENTURES. We left Jamaica on the 1¢th of last month, in | an open sailboat, twenty-one feet long. Our pro- | visions consisted or about twenty gallons of | water and ham, sardines, biscults, cheese, &c. We also took withus some rifles and cartridges fur the Cubans, but we were afraid to carry any extra weight, Our party consisted of Enrique Cunalles, who had been on the Virginius expedition; Lieu- tenant Colonel Manuel Morel (colored), Lieutenant | Colonel Laurenzo Castello, a distinguished tn- fantry oMcer; Cabaniguan, Captain Miguel Gutier- rez, Mapuel Gutierrez, Quiros, Saliguera, making with myself, eight in all, Soon after we set sail it began to blow a gale and we returned. On the 15th, the storm having subsided, we put out to sea again, but encountered bad weather. We were signalled by @ Spanish steamer, which wanted a pilot, but kept out of her way and ran for the shore, On the 16th put out to sea again, with the | same result, and returned about ten miles to the westward of where we had started. On the 17th and 18th we saw Spanish steamers. On the 19th, the weather having moderated, we | set sail for Cuba, but had to beat against the \ wind. The same on the 20th, On the 21st a Span- ish schooner passed within 4 mile and half of us, and we got our rifles ready in case of an attack. 1 suffered very much irom the cramped position | I was ovliged to remain in, and also from my wounds. On tne night o! the 2st November, at five o'clock made the Cuban coast, but put out to sca again jor prudential reasons, The same thing | happened the tollowing day. Fearing that we | might have been seen by the 1ookout at Gato | Peak we put out again, and the following morn- ing, at nine o'clock, the 23a, we succeeded in mak- ing our landing between bantiago de Cuba ana Guantanamo, We at last got sale ashore, and car- ried our boat about 400 yards inland, where we | hid It in @ sequestered spot Ajter we landed we soon found some brethren, who gave us @ warm reception in the “Manigua,’? There were no Spaniards near us, they ey at present to remain in tortifed towns. ‘rom where we were We Saw two gunboats and a man-ol-war passing, One day we displayed the | Cuban fag of the shore, and one of the gunboats stopped while cruising, as if to lower a boat, to try and dislodge us, but thought better of it, aud pro- | ceeded on her way. | THE WELCOME TO CUBA LIBRE. On the nignt of our arrival our brother patriots, with several ladies, who have followed their hus- bands to the war, gave usa reception, We had plenty of ‘jut (large Wood rats) and sweet po- tatoes, which grow wild here, and there was plenty ot “Cuba libre” to drink—viz., hot water and honey, and aguardiente was there for those who liked it The ladies e all fairly dressed, and whenever @ village 18 captured they ome ia for their share of the spoils. in the en- campment where i was there were avout 400 souls, They had plenty of reading matter, AND HERALDS OF RECENT DATE | were to be seen without stint. The Jolowing is some of the news | gathered aroand the camp:— That General Modesto Diaz isto be appoimted Chtef of the District of Colombia; that General Manuel Calrar has been appointed to take the place of General Calixto Garcia, who was recently captured by the Spaniards, It is said that General Vincente Garcia, Secretary of War, will be made Comimundant-in-Cnie! ol the Easte ern Department. ‘The discipiine in the Cuban ranks 1s excellent, and the Chinese and negrocs are ritish vessel on the | | Dodge, of Hamilton College; Mr. Colgate, of faith, and that God’s blessing would remain with | them and theirs tn all the days to come, and that | after this life had ended they would be happy for- | ever tn eternity, THE BAPTIST CONVENTION. Proceedings Yesterday—Addresses Governors Tilden and Gaston | Mayor Hunter and Others. The Baptist Convention of Social Unions con- ‘tinued its sessions yesterday morning, noon and evening. At the morning session committee on enrolment was appointed to take the names of the delegates and invited guests present. Letters of regret from several prominent Baptists were read, after which Mr. Jona P, Townsend, of the New York Union, gave a brief history o1 that or- ganizauon and of the mfvence which 1 bas exercised on thle missionary operations of the churehes here. It has been in existence six years, and outof it has grown a4 city missionary society, known as the Baptis: Missionary Union, wich, within three years past, has acquired church prop- erty now valued at $44,000. It owns two churches and occupies fourteen mission stations, ana last year it expended about $32,000 in this kind of work. Dr. Evarts, of Chicago, commended sociat intercourse and discussion of matters of denomi- national interest, and thought the different unions should well guard tne property of the Churca that it might not be squandered or mortgaged. Delegates from several unions then gave brief sketches of their organizations. The Boston union was foundea ten years ago and has now 200 members. There are no unions in Albany, nor in Rochester, nor in @ few otner jarge cities, but they are growing and msingin new sections con- stantly. A committee of five was appointed to report on the advisability of making the conven- ton & permanent organization. THE AFTERNOON SESSION ‘was occupied with addresses and remarks by Mr. George H. Andrews, Dr. Lemuel Moss, of Chicago; Professor Greene, of Providence; Dr. Reid, ol Brookiyn; Dr. Robinson, of Brown pier Ore one kers, and others, Mr. Andrews elaborated the idea of raising a substantial sum for education in 1876—not, he hoped, — the small sum of $2,000,000 as had been __ proposed, but $5,000,000, as the Presbyterians had raised, or $30,000,000, as the Methodists bad contributed. Dr. Moss discussed the question of education in its by and | relation to local churches, in which he emphasized the ioca that Christianity aims to ecucate the in- dividual man from the new life that ts imparted to him in conversion, and thas to educate and elevate communities. He also spoke of education in its relation to the mimstry and in its evan- gelistic and social aspects. He deprecated the policy of exacting pledges from young men to enter the ministry before whey can obtain a collegiate eaucation. ‘The young men might be sent to college and let the faculty in those institutions determine, ag they can in & soort time, whether a student ts fit tor the min- istry or not. Many @ goo@ mechanic has been spoiled by making & poor minister of him, In the evening Dr, Robinson, of Brown Unt. versity, Providence, R. I, detivered an address of #reat force and ake Of thought on the conditions ol the power ani PROGRESS OF A CHRISTIAN DENOMINATION. He gave utterance to exceedingly broad views of church polity while strongly expressing bimsel! a Baptist. le deprecated the tendency to eccie- slasuicism im the Baptist denomination, and de- plored tae action of the Long Island Association toward certain Baptist churches in Brookiya. He hoped the people would ,revuke demagogism, whether it be found in the pulpit, In the pr or im politics, After Vr. Robinson’s address a com- mittee of eleven was appointed to prepare an ad- dress to the Baptists of the United States expres- sive of the views of this Convention, An excek jent collation was then served, after which M, H. Dorman delivered an address of welcome to the assemoled delegates and guests, and then GOVERNOR-ELECT 8 J. TILDEN was introduced and receiyed with great applause. He said he was under a vow of silence for tue next three weeks; that he came not to make a speech, but to listen to others, and he was de- lighted with the clear and forcible address of President Robinson, He congratulated the Brook- lyn Union on this festival, to wimself go beneticial and so interesting, He wag sure they bad chosen wisely the method to secure the objects they desired. He was glad, he said, to sce representatives irom all parts of the Union. The misstou of the, denomination bad been Le the first among the lowly, whom they had yy to lead in the ge of duty and of peace. hoped they would remember on this as on all other occasions of their coming together the charity of Christian fellowship should be extended to all parts of the Umited States, and that tie, Southern States present one of the best mission- fighting splendidiy. I heard that at Manzanillo 400 well armed Spanish soldiers came over to our ranks. The Uubans are wround Manzanillo, and shout out to the Spanish soldiers that the Cubans | will soon be ihere. The same state of siege ap- | lies (o Bayamo, Las ‘Tunas and Camaguey, the | att being surrounded by 6,000 Cubans Under Ge Maximo Gomez, Maces, and Coronel Hen Reeves, of Brooklyn, otherwise known as “Henry, the American.” News tas been rece; that General Maximo Gomez has kent 2,000 men or three mud ths, te overate so bbe Oimog Villas, aod this is con. | ary fields in the World; and he wished to cail attention to ‘It that they mighs and bring to that region the peace and prosperity it once had; and that tl would go from this place feeling that they must Rave @ real eace and a real iellowship in one united country. Governor Gaston, of Massachusetts, and Mayor Hunter, of Brooklyn; Dr. J. Ls Boyce, of Louse ville, Ky.; Mr. J. L. Howard, of Connecticut; Dr, Bright, of this city; General ton, 0: Washi; ton and others, aivo made briel addresses, whien the Convention adjourned,

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