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1 $\ 1 I VOLUME I. BAD'S DOLLARS. V. S. SENATE DECLARES FOR THEM. All Amendment* to Mathews' Resolution Votod Down by More than a Two Third* Vote, and the Original Resolution Adop ted by an Almost Equally Emphatic VoteThe Steamboat BUI Pass* the HouseLively Dlsrusston Over a Whisky DillOtbet Imporatnl Measures. Senate. WASHINGTO N, Jan. 25.The bill to remit the taxes on insolvent savings banks was discussed briefly and postponed until to-mor- ^row. Senator Kollins submitted the following as an additional section: "That i making further collections of internal levenue tax on bank deposits, no savings bank, recog- nized as such by the laws of its State, a nd having no capital stock, shall, on account of mercantile or business deposits heietofore irecoived, on which no interest has be en al- lowed to parties making such deposits, be denied exemptions allowed to savin gs banks having no capital stock, a nd doing no other business than receiving deposits to be loaned or invested for the sole benefit of parties making such deposits without profit or compensation to banks which have paid a lawful tax on the entire average amount of such business or mercantile deposits. Nothing in th is section shall be construed as extending said exemption to deposits heretofore made, or in any way to affect the liability of deposits to taxation." Senator Rollins, in explanation of his amendment, said the government would suf- fer no loss whatever, shou ld the amount be agreed to. It had been prepared at the internal revenue office a nd sent to him. WHISKY TAX. Senator Harris presented a petition of dis- tillers of Tennessee in favor of a reduction of the tax on whis ky to 50 cents per gallon. Referred. BLAINE'S SILVIUB BILL. Senator Blaine said, a few days since, he introduced a bill for remonetization of sil ver. had purposely left number of grams in the dollar blank because he had not felt willing to vote foi a dollar of 412)^ grains. wou ld move to fill the blank at a future day. Meanwhile, by some blunder, ho ad been credited with the brilliant conception of leaving the number of giains in the dol lar to be determined by the duector of the mint a nd Secretary of the Treasury. What he had left to those officeis was the right and power to publicly fix the price of silver bullion, per standard ounce, as nearly as pos sible at the rnaiket rate, and this he con ceived to be the best regulation on that sub ject. moved the bill be reprinted that its provision in th is lespect be correctly stated. S ordered. 6ILVEB BKMONETIZATION. At the expiration of the morning hour consideration was lesumed of the resolution of Senator Matthews declaring the right of the government to pay bonds in silver, and the amendment of Senator Conklmg mak i ng the resolution joint instead of concur rent, was rejected, yeas 23, nays ftl). The vote was as follows NA\S. stion Allison, Beck, Cameron, Wis. Davis of 111., Dorsey, Gordon, Howe, Kirkewood, MoDonald, Memman, Plumb, Saunders, Thnrman, Armstiong Booth.. Coke,, Davis.. W Va Eustif* Gro\\,er,, er Johnston,, McOreen,, Matthews,. Morgan.. Ransom Spencer,, Wallace,, \EAS Baruum,, Burnside,, Conkling Eaton,, Kernan,, Mitchell,, Randolph,, Wadloigh,, Anthony, Blaine, Christianov, Dawes, Hamlin, MoPhereon, Paddock, Sargent, Bailev, Cameion ot Pd. Conovoi, Denmw Ferry, Heiefoid Jones of Florida, McMillan, Maxo\, Oglesb\ Saulsbun Teller, Withers3d. is W.. tip nstou reen ihevsfi gan jom icor lace \EAS. mm uside kling Baj ard, Chaffee. Conger, Edmunds, Lamar, Mori ill, Rollins, Wmdom23. lan shell ilolph loigh PAIBS. After the vote Senator had received a telegram Lorn Senator Whyte Md announcing that he was detained at home by sickness and requesting him, Cockrell, to pair with him. Und er the cir cumstancee he consented to do so. If the Senator from Maryland was present he would vote aye a nd he, Cockrell, would vote no. Hoar, Butler, a nd Hill, who would have voted in the affirmative we re paired with Patterson and Garland who would have votod in the negative. Plumb announced his colleague, Ingalls, was detained from the Senate on account of sickness in his family. Cockrell said he The question then recuried on the amend meut of Morrell submitted the 15th instant, but he withdrew it for the present that the question might be taken on the amendment submitted by his colleague, Edwards, on the 14th instant, with the undeistanding that his, Morrell's, amendment shou ld be next in order. EDMUNDS' AMENDMENT. Senator Edmunds then spoke in opposi tion to the resolution of Matthews, a nd fa vored the amendment by himself. said the interesting thing abo ut th is whole busi ness was that the Senate had just declared that it was not fit to make a joint resolution. As it now stood the Senate, one of the co ordinate branches of Congress, thought it might have an opinion in case the House of Representatives said it could have such opin io n. That was an admirable commentary on this whole proceeding. congratulated the Senator from Ohio (Matthews) upon the masterly strategy by which he ad put the Senate into this extraoidinary position. had always thought the Senatemight have an opinion without asking the House of Repre sentatives. I opening his argument Senator Ed munds said he would refer at some length to the law, a nd if he happened to be a little prosy, he hop ed the Senate wou ld pard on him. From 1792, when the first coina ge act was passed, to 1831, the double standard ex isted in th is country on the theory of exact equivalents. then referred to the coina ge act of 1834, and after quoting from the de bates in Congress upon t'#at act, said tho se we re hard times as well as these. Senator Jones, of Nevada, said he would Jike Senator Edmunds to point to history showing that hard times existed in 1834 or 1845. Senator Edmunds Baid if his friend Jones would turn to the records of Congress for that peri od he would find them teeming with petitio ns from people in all portio ns of the country for relief from financial suffer ing then existing. Continuing his remarks in regard to the legislation of 1834, he said the separation of the two metals, gold and silver, ad been steadily growing. They had been steadily drawing apart ever since. Senator Jones, of Nevada, inquired if in 1859 a nd 1860 the values of gold and silver '&&'?&&&: **.*&, weie not much nearer together than they were in 1834 a nd 1835. Senator Edmunds replied that it was very likely. The United States since 17 76 had been gradually progressing in everything which went to make up a well ordered na tion, and yet there was a period of four years about 1812 when we went backward, and there was another period more recently when we went backward. argued that the simple declaration of a Statute was not equalization of the value of gold and sdver. Congress might as well say that a bushel of potatoes should be equal to a bushel of corn. The farmers of the we st wou ld smi le at such a proposition, and the respective values of corn and potatoes would rema in just the same as they we re be fore. Senator Jones inquired of the Senator from Vermont, if all the troubles of 1847 were not attributable to the removal of de posits by Gen. Jackson, a nd were ot peti tions presented asking for a lestoration of such deposits. Senator Edmunds replied, of course. Stump orators a nd the newspapers then, as now, cried out to fasten the cause of all the distress upon this or that thing. They did not like continuing the argument. said the legislatures in 1837 had discovered that no amount of law making wou ld give any value to silver at all. begged the Senate to bear in nimd that the laws of the United States forty years ago ceased to impute value to either silver or gold. The legislators then found ut that the word value related to op erations of men of society and commerce, a nd a statute could not a dd one bit of value to anythin g. next spoke of the act of 1849 author izing the coina ge of the gold dollar, and said there was a necessity for coining that dollar, because there were no silver dollars in circu tion. next referred to the coina ge act of 1853, and said that when the act of 1834 was passed there was but a trifling difference between gold and silver, but that difference had continu ed until gold coin overruled sil ver and drove it away from the people. The House of Representatives then deliberately declared in favor of gold coin and rejected silver as a measu re of value. Gold was then, as it ad be en for years before, the only true operating standard of value in the United States, a nd yet Senators argued now that it was proper to go back and upset history a nd legislation. Andrew Johnson was a member of the House of Representatives in 1853 and he then argued that debasi ng silver coin would be injurious to the laboring man, and there was a good deal in what he said. Now, if the working man should be compelled to take two half dollars for his day's work, wor th about 84 or 85 cents, he would be in jured. The very men who we re now urging remonetizati on of silver, should they stay in the Senate ten years, would be the first to undo the proposed legislation of to-day. When the late civil war began and the tre mendous inflation of paper currency took place, silver coin ad long since passed ut of existence a nd the statutes recognized the fact. then referred to the financial legisla tion since 18(1 a nd said befoie the passage, of the legal tender act, when war loans were bei ng forced on the people, Thaddeus Stev en s, chairman of the committee of ways a nd means in the house of representatives, ar gued that the people who advanced their earnings were entitled to be paid in gold, be cause years before gold was recognized as the only standard of value. The act of 1869 under which the bonds were issued, provided that they shou ld be paid in coin, but it was understo od that such coin should be gold. The word coin imputed not silver dollarsit imputed half dollars, quarters,coppei, nickel, and if the nation was going to stand upon the letter of the law, why ot give notice that it intend ed to pay the bonds in coppei, which was a com of the United States. Senator Matthews said no com but gold and silver was legal tender abo\ $5. Senator Edmunds replied this was not a legal tender act, it was an act pledging the good faith of the government. If he should draw the act ot 1869 now, with his present opinion, he would use the terms gold a nd silver just as they were used in that act. There was a part of the debt of the United States, according to the letter of the law which could be paid in silver. That coin could bo used for all debts. Senator Blame said a very large portion of the public debt was held one hundr ed dollar pieces of scrip, on which the interest was 2% dollais payable simi-annually. Did he understand the senator to say that this interest was payable in sdver half dollars unlike the man who ad a registered bo nd ot $1,000 must have gold. Senator Edmunds replied that the letter of the law was one thing and the spirit of it another. The nation wou ld be in a con dition to resoit to a literal construction of its statutes, against which no one could have redress except by appealing to the con science of such a nation. The honest im port of the pled ge of pubhc faith was that the bonds were payable in gold. It would be in violation of natural honor to pay the small bondholders in silver unle ss such sil ver should be equal in value to gold. Senator Matthews quoted from the speech of Senator Edmunds made in the Senate in 1867 to the effect that the bonds we re pay able in gold and silver. Senator Edmunds said no doubt he did so argue, but the silver question then was of no considerable moment. The question was whether the de bt should be paid in coin or paper. There was a party in this country which deemed that the debt was payable in gieenbacks, and no doubt in reply to their arguments he claimed the de bt was payable in both gold and silver. Senator Blaine spoke of the bondholders of- the country, and said he still wanted it made specific whether there was any more color for paying small coupons in silver than there was for paying large ones. The people of the country wanted to know it. Senator Edmunds said he was not like the distinguished Senator from Main e, talking to the country. was talking to the Senate. Senator BlaineBut the bondholders live in the country. Continuing his remaiks, Edmunds sa id he was quite ready to give his opinion, and that was, that in the present attitude of the his tory of our affairs the government was just as much in honor bound to pay the $25 coupon in gold as it was the $30 one. then quoted at length from the act of 1869, and argued that the United States had no legal or honoarble right to pay its de bt in a sdver dollar which was not worth as much as gold. next referred to the act of 1873, demonetizing the silver dollar, and argued that it was perfectly understood when it passed that it provided that gold coin should be the amount of value. THE VOTE. The question being on the amendment of Edmunds to the resolution of Matthews, so as to provide for the payment of bonds in gold coin, or its equivalent, and that any other payment without the consent of cred itors would be in violation of the public faith and in derogati on of his rights, it was rejected, yeas 18, nays 54, as follows: *%"%^si Anthony "SU Barnnm, *.$ Bayard, Burnside, Chxistianoy, Conkling," 3sr fi' rffc Mitchell, p Morrell, .Dawes, Eaton, Edmunds, Hamlin Kernan, 3j Sargent, McPhereon,f| Wadleigh-18. NATS. Allison, Armstrong, Bailey, Beck, Booth, Bruce, Cameron, Pa., Cameion, Wis., Chaffee, Coke, Conover, Davis, 111., Davis, W. V. Dennis, Dorsey, Enstia, Ferry, Gordon, Grover, Hereford, Hill, Howe, Johnston, Jones, Fla., Jones, Nev., Kirkwood, McCrery, McDonald, McMillan, Matthews. Anthony Katou. Barnum, Edmunds Bayard, Hamlin, Blaine, Kernan, Burnside, Lamar. ChriBtiancj, McPherson. Conkling, Mitchell, Dawes, &s3 Maxey, 3 Merriman, Morgan, Oglesby, Paddock, Plumb. Saunders, Spencer, Tiller, Thurman. Voorhees Wallace, Windom, 1 Withers44 Butler, Whyte and Hoar who would have voted in the affirmative, we re paired with Patterson, Cockrell a nd Harris, who would have voted in the negative. MOEBILL 'S AMENDMENT. The question then incurred on the amend ment of Senator Morrill submitted on the 15th inst., to the effect that it would be det rimental to the economical interests of the government and the people to pay the bonds in silver, and Mr. Morrill spoke in support thereof. said this resolution from the Senat or from Ohio, no matter from what motive it was introduced, could have and wou ld have no other effect than to damage the public credit, and he could not under stand from what motive it was brought for ward, especially when he saw in the platform of the Republican party of Ohio, adopted in 1876, that the national honor must be main tained, and recognizing gold as the true standard of value. could not conceive how it was possib le that a Republican Sena tor from that State shou ld come here so soon afterwards and propose such a resolu tion as this. If he, Morrill, was in favor of the so-called silver bill he could not vote for this resolution with its preamb le as now drawn. The amendment of Morrill was repealed. Yeas, 14 nay s, 41. The question then recurred on the amendment of Chaffee submitt ed on the 12th of December, which, after explanation from Chaffee was withdiawn. Senator Windom said he voted for the amendment of the senator from New York. Conkling, to make th is a joint resolution said he voted against all others, and he now intended to vote against the original resolu tion, and in doing so he did not propose to indicate what would be his vote upon the saloon bill itself when it should come before the senate. was opposed to this fruitless expression of opinion. If Congress ad confined itself to practical legislation, instead of discussing finances the busines of the country wou ld have been more pro s perous. THE FINAL VOTE. Senator Edmunds moved to indefinitely postpone further consideration of the resolu lution. The motion to indefinitely postpone was rejected yeas 22, nayS 4 3. The question being on the passage of the resolution as submitt ed by Senator Matthews on the 6th of December last, it was agreed to yeas 43, nays 22, as follows TEA S. Allison, Lustis, Armstrong. Ferry, Bailey, Gordon. Beck, Grovei, Booth, Heiefoid Bruce, Howe, Cameron, Pa., Johnston Cameron, Wis., Jones, Fla., Chaffee, Jones, Nev. Coke, Kirkwood, Conover, McCreary, Davis, 111., McDonald, Davis, W. Va. McMdlau Dennis, Watthenn Dorsej, Maxey, Merriman, Moigau, Ogleabv, Plumb, ltu.ntom Saulsbun, SaundeiH, Spenc2r Telle., Thurman, Yoorhec, Wall-ice Wither43. Momil, Paddock Randolph, Rollins, Sargent, Wadleigh, Windom22. I addition to pairs above mentioned. Hill said he was paired with Townsed. If that Senator was pre&ent he would vote in the affirmative a nd he (Bill) wou ld ote in the negative. The question then recuned on the pro amble submitted by Edmunds on the 1 tth inst. and it wag rejected, yeas 17. na ys 41. A vote was nert taken on the preamble submitted by Morrell on the 15th mst.. a nd it was lejected without a roll jeall. FILLIBUSTEBING. Senator Edmunds then moved to amend the preamble submitted by Matthews by in serting the following: AND WHEREAS, the provisions of the coin age act of 1873, passed on the 12th ef February of that year, and of the revised statutes which took effect on the first day of December of that year, all provisions of law authorizing the coin age of such silver dollar were repealed. Mr. Matthews said he would accept that amendment. Senator Thurman hoped his colleague would not accept it. was not prepared to say the law was repealed. The question involved the construction of the statute. There was no necessity for this amendment, and he hoped the Senate would stand by the resolution and preamb le as submitted by the Senator from Ohio. Senator Matthews said if there be any dif ference of opinion as to the construction of the law he would not accept it. The amend ment of Edwards was rejected, yeas 20, nays 38. The question then recurred to the pre amble as submitted by Senator Matthews on the 6th of December, and it was adopted without amendment, yeas 42, nays 20. When the above vote was taken Waters, who would have voted in the affirmative, was paired with Randolph, who would have voted in the negative. McPherson, who would have voted in the negative, was ut of the chamber temporarily when his name was called. The preamble and resoluti on having been passed, Senator Allison moved] the Senate toke up the House bill to authorize free coina ge of the standard silver dollar and re store its legal tender character. The Vice PresidentWhat comes up by prior order. Senator Morrill then took the floor to ad dress the Senate on the silver bill but yielded to Senat or Ferry, and on his motion the Senate went into executive session, and when the doors reopened the Senate adjourned till Mondav. "Bouse of Representatives. WASHINGTO N, Jan. 25.A few bills having been introduced and referred, the House considered the bill revising the STEAMBOAT LAWS, and Mr. Harrison offered as an amendment regarding the officers, pilots and engineers that conduct steam vessels, and that none but citizens of or persons actually residing in the United States shall be employed as pilots and engineer s. said over 50,000 had petitioned the House to protect the poor men from being defrauded of their rights by foreigners not residing in the country. Large numbers of men were idle to-day on the lake ports, while Canadians we re em- ployed by owners of vessels. Randolph^ fe* Mr. Findley moved to strike out that por- ti on of the amendment requiring citizens actual settlers shall be pilots and engineers, ST. PAUL, SATURDAY MORNING, JANUARY 26, 1878. After discussi on the amendment was with drawn, and Morrison's amendment was adopted. The bill was then passed yeas 173, nays 80. PUBLIC PRINTING, Mr. Singleton, chairman on printing, re ported back the Senate bill authorizi ng the public printer to purchase material in open markets, with an amendment providing that such purchases shall not exceed $50 for any particular article within the term of six months, wihch amendment was agreed to a nd the bill passed. DISTILLED SPIRITS. Mr. Tucker moved to set aside private business for the purpose of going into com mittee of the whole for consideration of the bill extending the time for the withdrawal of distilled spirits now in bond, until July 8, 1878. The yeas and nays being ordered, re sultedyeas 146, nays 104. The House therefore resolved itself into committee of the whole, Mr. Carlisle in the chair. General debate having been limited to one hour, it being necessary before considering the bill referred to by Tucker, to set asideJthose bills which have priority on the calendar, several bills were passed over. The opponents of the bill made an attempt to proceed with consideration of the bill granting pensions te soldiers of the Mexican war, but were unsuccessful. The bill extending the time for the with drawal of distilled spirits now in bond until July, 1878, having been reached, Mr. Tucker proceeded to explain the bill. said that there was great agitation throughout the country on the question of a reduction tax on whisky. The question was, should the House duri ng that agitation save from bank ruptcy and ruin, the golden gee se who were to lay the golden eggs for the government. thought the bill a very good one. It had been drawn up by the commissioners of in ternal revenue, who ad agreed that some action shou ld be takan by Congress. Mr. Burcha rd also supported the bill, though he declared he was opposed to a re ducti on of the ax on whisky did not believe that the government could afford it. did not believe the House would vote for a bill which wou ld reduce the tax on whisky and increase the tax on tea and coffee. Mr. Hale, in opposing the bill, said that th is was not the first raid made upon the treasury by an economical house, a nd it would not be the last. It was simply an at tempt on the part of certain interests to take from the treasury some seven million dol lars, which is needed from day to day for the revenues of the country. How would that deficit be made up What other ax would be increased Mr. Wilson, W Va.,Cannot the deficien be raisGd by a ax on incomes Mr^Hale, continuin g, said that was the remedy of the gentleman fr om West Vir ginia. That gentleman threatened a renewal of the income tax Another might propose a direct ax on real estate another to in crease the tax on iron, a nd so on. There were to-day hundre ds of interests trembling on the verge of bankruptcy. Were whis ky men any worse off than tho se who had bought leal estate three years ago These interests were getti ng no encouragement from the committee of ways a nd means, which made us haste and repoited back this bill the day after it was introduced. Mr. Pri ce said the country would look with surprise on the action of the House to day, which had refused to consider a bill granting pensions to sufvivors of the Mexi ican war and ad proceeded to consider a bill which would take, millions from the country. Mr. Garfield also alluded to the bill as being class legislation and thought it was not wise to gi ve any advantage to one inter est when so many were suffering throughout the country. The pla in English of the reso lution was that whisky men should be allowed to keep their whisky in bond till Congress should reduce the taxes a nd perm it them to walk off with millions which rightly belonged to the government, in their pockets. was opposed to re ducing the tax on whisk y. was in favor of adding a section to the bill under con siodration, declaring that no reduction would be made by which means the revenue wou ld ot be reduced and whisky men be put out of the agitation in which they now veio. If the bill passed wou ld not the iion men come here and ask to be saved from the danger threatened by the reduction of the tariff on iron. Would not all other interests come and thus make the levenue laws a series of plasters and patchwork. Mr. Conger opposed the bill a nd pictured the ridicule with which the country wou ld look upon Congres which made attempt for the relief of producers of alcohol which was used for purposes of science, and yet, by class legislation, went to the relief of pro ducers of table whisky. also called at tention te the fact that in order to pass this bill the House had passed a nd ignor ed the claims of soldiers who had fought for the defense of their country. Mr. Blackburn protested again st the ef fort made by the gentleman from Maine, Hale, and oth er gentlemen, to consider the bill as in any way bearing on the reduction of tax. I was not necessary for him to pro test against the attempt to infuse into the discussion something of a partisan charac ter. The gentleman from Maine need not read homilies to the Democratic side of the House for which he, Hale, termed an unwar ranted raid on the treasury. Let.him assail the gentleman who had drawn up the bill, the commissioner of internal revenue. The bill affected an industry vital to the revenue of the country. That industry promised to the internal revenue service half of the amount necessary to meet the interest on the national debt. proceeded to compare the taxes paid by the New England States with those paid by the Southern and Southwestern States, in order to show the inequalities of taxation. Referring to class legislation, he declared that legislation for a number of years past had been nothing but class legisla tion, by which the laboring people of the South had been dragged down. Mr. Sayler read a letter from Commis sioner of Internal Revenue Raum in favor of the bill. Mr. Tucker then yielded the floor to Mr. Ellsworth, who it was supposed favored the bill, but who said: That since he had dis covered that if the bill we re not passed, a number of distillers would have to go into bankruptcy, he was opposed to it. wanted to see them become bankrupt. was told that the country obtai ns seven mil lions revenue from that bran ch of industry. That was a disgrace to the country. was opposed to raising a single dollar by it. About 500 million dollars were expended yearly for that stuff, which ruined men and destroyed homes. would be glad to see every ram shop closed, especially those in the capital. (Laughter.) Mr. Tucker remarked the gentleman from Maine, Hale, has said the re was a party in the House that was intending a raid on the treasury. wished that gentleman to say if he included him, Tucker, in any such party. Mr. Hale replied that the gentleman from Virginia was just now advocating an interest which was attempting a raid on the treasury. Whether he knew its objects, Mr. Hale did not know. Mr. TuckerI want the gentleman to un derstand that I belong to no such party. I know the gentleman's insinuations look to Southern men. Mr. Townsend, of N Y., in a loud]voice That's right: sound the southern bell, fire the southern heart, and then we will have a row. (Laughter and applause on the Re publican side.) Mr. TuckerI would say to my friend with the snow on his head and a volcano in his heart, (Laughter) when he talks about firing the southern heart, I would ay to him more in sorrow than in anger, that the fires of passion in the southern hearthstones are burned out. (Applause.) I the midst of great confusion the amend ment reported by the committee of ways a nd means was read and adopted, which amend ment is to a dd the words. And acknowl edging their liability under the terms of said bond for the period for which said extension was granted,"' as if the same was^ inserted in the body of the bond. Mr. Tucker then moved the committee rise a nd report the joi nt resolution to the House, with a recommendation that it do pas s. This motion was, however, cut off by an amendment offered by Mr. Foster, declaring that a reduction of tax on distilled spirits is inexpedient. Mr. ox declared himself in favor of the lowest tax that wou ld yield the most revenue, and thought that point might be ascertained by a sort of scaling measure. Butler offered an amendment provid ing that the ax on all distilled spirits in bond shou ld be paid at the same rate as it existed when they we re placed bond The committee rose without any action on the amendments offered Foster and But ler. Mr. Knott, from the judiciary committee, made a report on the subject of the arrest and imprisonment of Robert Smalld, a mem ber from South Carolina, to the effect that there was in that no breach of privilege of the honse. Ordered printed. Adjourned. Miscellaneous. WASHINGTO N, Jan. 25.The Secretary of the Tieasury decided that the department cann ot receive collections and deposit drafts issued by bankers a nd others in payment of subscriptions to the- four per cent. loan. The law does not contempla te the receipt of drafts by the government in any payments and though the Secretary desires to afford every facility possible to subscribers of the loan he does not feel warranted in imposing upon the assistant treasurers the labor a nd risk of collecting such drafts. It is thought the banks and bankers can make deposits with assistant treasurers through correspond ents in cities having sub-treasury offices. PACIFIC RAILROADS. The House Pacific railroad committee th is morning heard arguments on the Texas Pa cific railroad bill. Mr. Storrs for the South ern Pacific railroad company contended that the Texas company ad not completed its railroad as the law required a nd it was now competent to adopt measures to secure speedy completion. This could more effect ually be done by granting authority to the Southern Pacific company to continue on east to the Rio i ande at E Paso a nd trans fer so much of the former land grant as it shou ld earn by so building. also claimed that the Texas company had no right to build a railroad across California, ot having authority from that State. also contended that the Southern Pacific had the right to construct a bridge across the Colorado river a nd the Texas Pacific ad not. OBITUARY. Captain Fred. Stewart died this morn ing of pneumonia was a member of the scientific corps that accompanied Capt. Wilkes the south sea expedition a nd a conspicuous Odd Fellow. NATIONAL SAVINGS' DEPOSITORY. Representative Waddell to-day introduced a bill to establish and maintain a national savings' depository in a bran ch of the post office department, which was referred to the committee on post offices and post roads of which he is chairman. It is in many re spects similar to bills heretofore introduced for that purpose. THE METBIC S1STEM. Representative Marsh to-day introduced a bill providing that on a nd after January 1st, 1879, for all postal purposes It* grammes shall be substituted for half an ounce and so on 111 proportion: that the Postmaster Gen eral shall furnish all post offices with postal balances denominated in grammes of metric system' a nd that on and after Jan. 1, 1880, the metric system of weights and measures as legalized in the revised statutes shall be obligatory. Mr. Marsh also introduced a bill to estab lish the metr ic system in coins of the United States, and provides for the regulation of coinage, includi ng a new com metal called "goloid." The bills were refened. MEXICAN AWARDS. A bill was reported to-day by representa tive Wilson, from the committee on foreign affairs, providing for the distribution of the awards made under the convention between the United States and Mexico. It authorizes the Secretary of State to receive all money which may be paid by Mexico for that pur pose, and to distribute the same from time to time, in rateable proportions among the corporations, companies or private individu als, respectively, in whose favor awards have been made. The concluding section is as follows: "Nothing contained in th is act shall be construed as precluding the Presi dent of the United States and the Secretary of State, upon application by the Mexican government, from the consideration of any particu'ar claim or claims wherein awards against Mexico have been made, nor from in vestigation of any alleged frauds or perjury, materially affecting said awards, nor from suspending the payment of the amounts of such particular claims pending any such ne gotiations between the United States and Mexico." POST OFFICE INVESTIGATIONS. The House committee on post offices a nd post roads to-day authorized Waddell, chair man of the committee, to appoint a sub-com mittee of three to investigate the post office department, a nd report the results of such investigation to the full committee of the House. NATIONAL MUSEUM. The committee on public buildings and grounds to-day agreed to report favorably on the bill for the construction of a fire proof buildi ng on the Smithsonian grounds, to be used as a national museum, appropri ating therefor $250,00 0. NOMINATIONS. The Preside nt sent the following nomina tions to the senate: Frank Leland, Wiscon sin, Consul of the United States at Hamilton, Ontario Thos. S. Stohleigh, of Minnesota, Register of the Land Office, Detroit. ANOTHER SLAP AT HATES. The Senate committee on commerce on commerce will, according to present indica tions, report adversely on the nomination of Sudge Williamson to be collector of customs for New Orleans. Don't forget the great sale of Dry Good* by the assignee of Schafer & Korfhage. ..._ Pure Old Rye Whisky and Rock Candy at Donnelly's, No. 10 Wabashaw. The President has appointed Frank C. John son and Clem Studebaker honorary coramk Honer*) from Indiana to the Paris Exposition. PEACE TEEMS. AGREED UEOS BY RUS8 -4JTD TURK. Johnny Bull Not Consulted, Blusters, Or ders Forward His Flint, and then Weak ening:, Orders a HaltExcitement In ?he English Parliament, and Earl Carnar von Retires from the CabinetThe Sol emn Promise of the PorteSatisfaction at St. PetersburgInteresting Melange of News. RUSSIA'S TERMS. LONDON, Jan. 25.The Daily News publishes what it believes to be substantial!} the terms of peace as follows Autonmy for Bulgaria similar to that of Lebanon. Turkey to nom inate a Christian governor of the province for a long term of years whose appointment must be sanctioned by the European powers. Bulgaria to acquire some territory south of the Balkans. Bosnia and Herzegovinia to be assured of pro tection and reforms, and have a christian gov ernor. Surety to be given for better govern ment of other Turkish provinces, independence of Ronmania. Servia to be independent with out compensation. Montenegro to acquire Bntevzn, Mesies, and Spur and a portion of the shore of Lake Scutari. The cession of part of Bessarbia and of Baloum, Kara and Erzeraum with the adjacent territory to Russia. Indem nity to Russia for the expenses of the war to bo paid in money, territory or otherwise. The question of the Dardanelles to be reserved for consideration of European powers. THE POBTE'S PROMISE. LONDON, Jan. 26.A telegram from Constan tinople states that Sofael Pasha informed Lay ard that the Porte had made a solemn engage ment to keep the conditions secret until the treaty was signed. It had to-day telegraphed its plenipotentiaries to accept the conditions. It would communicate them to the ambassadors the moment they were signed. It is again alleged that the Russians are ad vancing on Gallipolis. FEELING IN BT. PETEBSBUBO. A St. Petersburg correspondent telegraphs it is generally believed here that all dangei of foreign intervention has passed and that the solution has been found which can be accepted by all the powers. It is said that the govern ment has given assurances that it has no inten tion of excluding neutral powers from partici pation in the settlement of questions iuvolvmg their interests. Last night very tranquihzmg dispatches regarding the conditions of peace were sent to London. FTBING THE ENGLISH HEABT. LONDON, Jan. 25.This afternoon the Pall Mall Oazet*c, 111 its leading editorial article, says that it considers the alleged terms of peace about as hard as they could well be, and as amounting to the virtual destruction of the Turkish empire, and the reduction of tho Sul tan to the condition of a Russian vassal. If. says the Pall Mall Gazette, after the publication of these terms, the resignations of Lords Der by and Carnarvon are withdrawn, w.e may con clude that no effective resistance will be made bj England, to whatever agreement the Czar and Sultan maj come to. BH1TIHH GOShlP. Earl of Derby was not present in the House of Lords to-night but it is said he was in the lobby and that his resignation is in suspense. It is stated the report of Russian conditions is substantial!} correct, although the terms are somewhat harsher than those which have been officially communicated. The general tone of frequenters of the houses of Parliament is pa cific. It is believed the Duke of Richmond will replace Lord Carnarvon. The press associ ation says there is reason to believe that Lord Derby received the Earl of Derby's resignation after Thursday's sitting of Parliament. An informal cabinet council was held in conse quence of this surprise and as it appeared the cabinet was in danger of disruption it was for that reason decided to countermand orders for the fleet to enter -the Dardanelles, though the Admiral has been instructed to remain iu a position from which hs can cover Gallipolis. The extreme ministe rialists think that after Lerd Beaconsfield's statement to the House of Lords to-night, there is no necessity for either Derby or Carnarvon to lesign. The* latest lobby rumors aie peace ful. Many radicals think the vote of supple mentary supplies will not be pressed on Mon day. The Admiralty has ordered the despatch vessel Lively and the frigate Newcastle to be prepared for sea immediately. JOHN BULL BACKS DOWN. LONDON, Jan. 25.In the House of Lords this afternoon Lord Bcaconsfield, in reply to the question projjonnded by the Earl of Sand wich, said that it was a fact that instructions had been given to the fleet to proceed to the Dardanelles and Constantinople. At the same time the government proposed to telegraph the European powers, including Russia and the Porte that in the course the government had followed, there was not the slightest deviation from the policy of neutrality they had from the first announced. maintained that the British fleet went to the Dardanelles to defend British subjects and British property, and to take care of British interests in the straits. Since the government had arrived at that res olution they had become acquainted with the proposed conditions of peace, and having ex amined these conditions, the government was of the opinion that they furnished a basis for an armistice. Therefore they had given directions to the Admiral to remain in Besika Bay. They had not, imder the circumstances, circulated throughout Europe the telegraphic dispatch to which he had referred. THE POLICY ABBAIGNED. The Earl of Carnarvon rose to make personal explanation. said that in order to justify his conduct he wished to state the reasons which had led him to place his resignation of the colonial secretaryship in the hands of Her Majesty. That step he had taken and this af ternoon the Queen was graciously pleased to accept it. He would not impute blame to any of his colleagues, but circumstances had amen which rendered it incumbent on him to take the course he had named. had dissented from the resolution tor sending the fleet to Dardanelles, and also to the supplementary vote which the chancellor of the exchequer had proposed to take Monday. considered such vote onght not to have been mooted till the terms of peace arrived and become known. On July 2d he had occasion to address a deputation. I would be remembered that he had made a speech in which he had expressed his views in regard to the state of affairs in the East. On the following day in the cabinet, the prime minister condemned severely the lan -guage he used. (Lord Carnarvon) took time to consider the course he should take under the circumstances, and as there was no pnblio disavowal of the language which had been used, he felt justified in tendering his resignation. maintained that he had not in any way mis represented the intentions of the government. BUMOBS STABTLING AND OTHERWISE. LONDON, Jan. 25.A correspondent at Pera says there are strange rumors afloat that the Russian conditions include a private arrange ment with the Porte respecting the Suez canal. A Berlin dispatch says Russia seems anxious to induce the continental powers to Bend their squadrons to Constantinople in the event of the British fleet entering the sea of Marmora. The joint occupation would be intended to pave the way for a conference upon the future of Stamboul. I is stated that Messrs. Laird of Birkenhead received a telegram last night ordering them to prepare a ship building yard for laying down new gunboats. The government has received most satisfac tory reports from special inspectors lately sent out as to the ability of depots at Gibraltar and Malta to supply provisions, etc., 1 for a large expeditionary force KD8SIAK SUPPXm. LONDON, Jan. 25. A special from Sistova ays: The immense stores of provisions and materials here have hardly been touched yet, showing that in depots at Biela, Timova, Ga brova and Selvi are not exhausted, and the coincidents with information from these places show that neither the Russian soldiers nor hor ses have suffered, but the beasts of transport contractors on the lower Danube where the forage is exhausted, have died by thousands. There is good crossing on the ice now, NUMBER 12. thousands of laden wagons and sledg an the north shore will come over to replenish the de pots. 2SBMS a _, THE PORTE'S BAD FAITH. ST. PETEBSBCKO, Jan. 25.The Agenee Susse calls attention to false reports of diplomatic intrigues emanating from the Porte for the purpose of embroiling England and Russia, a nd says the Turkish government intentionally spreads panic, disorder and desolation among t* subjects to aggravate the crisis aod push matters to extremities. Events are precipitat ing more rapidly than any combinations a gen eral collapse which will probably require tb agreement and intervention of all Europe, Gen. Ignatieff left yesterday for the Russian headquarters at Bezanlek. A yUBTHEB BACK DOWK. LONDON, Jan. 26.The .Yen* considers it probable the government will reconsider its determination to demand a vote for supple mentary supplies, and Lord Derby will then be enabled ftFVithdraw his resignation. U3SCELLANEODS. ROME, Jan. 25.Italian vessels will shortly be dispatched to various Turkish ports to pro tect the interests of Italian subjects. ST. PETKBSBDBG, Jan. 25.The Agense Buss* inveighs against the delay of negotiations by the Porte for the purpose of determining Eng land to take action. Such manoeuvres ought not to be allowed to prevail to the detriment of the higher intereststhe good relations of England and Russia. LONDON, Jan. 25.The Queen has conferred the order of the Garter on King Humbert. Count Schsuevloff, Russian embassador, had a long interview with Lord Derby, at the hit ter's private residence to-dav. LONDON, Jan. 26.A special from Athens says the new ministry have published a pro gramme stating they entered to provide for ths defence of the country and protect the Greeks residing other countries. The Duke of Buckingham will probably succeed Earl Car narvon. Lord Derby is still at the foreign of fice. BULLDOZING SMITH. th. Standi no of the Wisconsin Senate on Question of Confirming Gen. Rusk. MADISO N, WIS., JAN. 25.The ques tion on railroad commission er to night stands as follows There are eight republican that are committed against confir matio n. being senators Grimmer, YanShack, Torrey, Burrows, Arnold. Hathaway, Loper. a nd Price. Ten democrats have agreed to support the action of Senator Anderson, the democratic member of the commission of State affairs. They are as follows Albert, Anderson, Wil liams, Banken, Schnieder, Hudd, Paul, Rice, Wolf and Richinonds, thus making eighteen against confirmation. S ix republicans are sure to vote for con firmation, viz: Rores, Barden, Wing, Swa in Welch and Treat. The democratic senators Mumbrue and Reed are considered as favor ing the confirmation. Dackell a nd Camp bell are absent and it is not known how they stand leaving Andrews, Barley, Reynolds and Richardson uncertain. Thus it will be Been it is irapossibled to confirm Rusk, granting the largest latitude to those in his favor. Gov. Smith authorizes the statement to night that he had telegraphed the situation to Gen. Rusk at Washington, but that he had left for Wisconsin before the receipt of his telegram. Gen. Allen of Oshkosh is looming up as a candidate. It is almost sure Smith will ot appoint any of the men that have been urged for the position here tofore. THE LEGISLATURE. I the Senate, to-day, an amendment was proposed to tho constitution, forever prohib iti ng traffic in intoxicating liquors in Wis consin. Resolutions were presented asking information as to the cost of publishing the supreme court reports, and authorizing the state board of health to make report to the governmen t, and for the distribution of 8,000 copies of the same. A bill was recom mended by the board of charities and reform abolishing time sentences to state prison. I the Assembly the judiciary committee was requested to abolish professional tramps by bill. Bill was introduced for the erection of a monument to the late Gov. Harvey. Both houses adjourned till Monday even ing. UNCLE SAM'S CASH. Total July 1. Rereipts and Expenditures from 18S9 to June 30, 1877. WASHINGTO N, Jan. 25.An examination of the quarterly account of the United States treasury, which is the general cash account of the United States, shows the following figures of receipts and expenditures: BECETPTS. Balance due United States July 1st, 1859, unavailable 9 Dollars available Money received by treasurer from July 1st, 1859 to June 30,1877. 28,607,623 4.685.625 14,885,289,660 4.868.482.908 EXPENDITURES. Money paid by United States treasurer from July 1st. 1859 to June 30, 1877. and charged out by authority of law 14,653,017,218 Balance due United States, un available, Jnne 80, 1877, was 29,085,805 Available at same date. 185,979,889 Total expenditures 914,868,482,909 Green Bay and Minnesota Railroad. [Special Telegram to THE GLOBE WINONA, Jan. 25.The news that the Green Bay & Minnesota railroad company has been placed in the hands of Timothy O. Case as receiver, reached here to-day. Cause, foreclosing of mortgages held by Mr. Blair, a New Jersey capitalist, who advanced a few hundred thousand dollars to the road some months since, besides other loans of prior dates. LIGHTNING GLOBULES. A special reports at New Orleans the kdhns of T. Raonl, telegraph operator and railroad agent at Vaughn's Station, Miss., by Postmaster Tucker of that place. A fire at Collinwood, a suburban village of Cleveland last night, destroyed flO.000 worth of property. During the fire in Astoria, N. Y., yesterday, a chimney fell, killing Chas. Bennett, a fireman, and injuring several others, some seriously. John W. Carter, a highly respectable and in fluential citizen of Mound City, III., was found dead in his bed yesterday morning. is said to have committed suicide by shooting himself in the month with a revolver. No cause is known for the act. Judge Whitaker, at New Orleans, yesterday, renderep his decision the case of the State vs. J. Madison Wells, et al overruling a mo tion to transfer the case to the United States Circuit court. Caldwell, freight conductor on tfie Mariatta railroad, fell from the train while in motion nearHamden, Ohio, yesterday morning, and was instantly killed. Any Dollar is Good Enough for Liberty. [Glencoe Register.] Our Legislature has asked Congreaa to re store silver to the position which occu pied before the demonetization act, i. Minnesota wants "the dollar of our dads" for what it is wor th now, and w would have it understood that we want it bad, too, and just as many of it as we can get. It's tho dollar we're after, and we might say that we are not so dod-rotted particular as to whether they are silver, greenback, or gold dollars.