Newspaper Page Text
Determined Attitude of the Infla tionists in the House. MR. E WING'S BILL LIKELY TO PASS Reconstruction of the Silver Bill in the Senate Committee. \ .wiE DEFICIENCY APPROPRIATION. Senator Chaffee's Onslaught on the Union Pacific Road. ILLEGAL ACTS OF THE COkPONATION. FROM OUR SPECIAL CORRESPONDENT. Washington, Not. 13, 1877. THE DEBATE ON THE ANTI-BESUMPTION BILL? policy ok the democrats. The debate on the Anti-resumption bill bits still throe (all days to run, according to the agreement. It Is now generally believed that trie bill will puss the House; that the majority have determined to vote down all amendments and that the bill will go to the Senate as It stands. Tbo policy of the democratic leaders, if they have any, appears to be to lot the Inflationists complete their rush In the House, as they nro sura to bo stopped In the .-ouaio. Tbo democrats do net yet seem to bo nware that they control tho House o( Representatives, und that thoy can control the Senate lor all wholesome and honoat legislation and against jobs, and that, tberelore, tuey will be held responsible by tho country lor wbut passes in tblsCongross. Just at prcs scnt there aro more captains tban bigh privates on the democratic side of the House. There Is no disci pline nor any loadorsblp. This condition of things Is attracting the attention of tne leading men, and be gins to alarm them, as it ogight. FROM OUR REGULAR CORRESPONDENT. Washington, Nov. 13, 1877. A RESOLUTION FOR A FINAL ADJOURNMENT OF THE BESSION?THE BC8INK88 BEFORE CON QUERS. The Ways and Means Committee to-day considered the dtfleront resolutions reterrod to that committee In reg.rd to tbo adjournment of the extra session, uud It wag unanimously agreed to report to tne Uouso a concurrent resolution fixing Thursday, tbo 22d inst., nt six P. M., as the time for tbo adjournment tine die. Thero remains now but a little busiucss to be re ported by tbo House Appropriation Committee, allot wbtch can bo disposed oi in two hours' aebatc. Tbo Benale Committee on Appropriations has reuoivod tho Army bill as it passed the House, and to-night u sub committee, consisting of the chairman, Mr. Wlndom, and Senators Hoi soy and Davis, of West Vir ginia, had tbo bill . undor consideration. Tbo republican members ol tho committee fovur a restoration ot the old'number for tbe strength ol the army. The House, It will be remembered, limited It to 20,000 men and tbo Somite will probably amond, m.Icing it 25,000. should tbo Scnato opou debate upon tbe amundmoiit It will hardly concur In tbo House resolution to adlouru on the 22d lust. Tbo regular ic&sion moots on ilio 3d of December. THE FINANCE COMMUTER OK THE SENATE ON THE SILVER BILL. The Finance Committee or tbe Semite to-day agreed to strike out the clause of the SJIvor bill allowing free colnago of sliver. It Is tbo Intention of tbo advo cates of tbo silver measure to attempt to repeal that part of tbe Specie Resumption act wblcb allows free coinage of gold. THE MEXICAN AWARDS BEFORE THE IIOUSK COMMITTEE ON FOREIGN AFFAIRS. A spicy argument took place to-day in tbe Houso Committee on Foreign All aire on tbe Mexican awards, which subject bids lair to malco a breeze In the Houso when tbo committee makes its report. Tbo subject catno up in cuuimitieo upon the letter of Becretary Evarts published In to-day's Hkkalu The attorney employed by tbo Mexican government protested ag.lnst the paymonl of the La Abra and the Weil awards, on the ground of fraud. .Mr. Wilson, of West Vlrgiuia. a member ol the committee, resisted tbe protest in a sburp speech of nearly an hour, in which bo bold that tbe duel value ol an award In an arbitration consisted In us flnallty, and that Congress couid take no cognizance of tho opposition to tho payment of the awurds unless npo. c-flc allegations of Iraud and conspiracy wero prc feriod against Sir Edward Thornton, the arbitrator. In that case be thought that courtesy between tho two countries and tbe aroitrator would require suspension of payment. Mr. Wilson hi- been giving special at tention to tbo question and win appointed chairman of u sub-committee to exumiuo uod report upon IL ? GENERAL WASHINGTON DESPATCHES. Washington, Nov, 13, I877. A COMMITTER OF THE ULI'UULICAN bi.NA'lolllAli CAUCUS WITH IHK PRESIDENT. A committee of tbo caucus ot republican Senators beaded by Mr. Edmunds, of Vermont, had a long in terview witb the President this evouiug, and. it is un derstood, lul'y acquainted him with the general tono and seutimeni 01 tho criticism expressed oiiucorning various 1 emu rug ol his policy in thu caucus ot last Saturday. THE SILVER BILL UKtOKE THE SENATE FI NANCE COMMITTEE?ARGUMENTS OK BANKERS AOAINHT THE MEASURE. Tho Sen a to Finance Committee this morning agreed to hcur u dulog tilon of New York b.iukeia on th? sub ject ol tbe Houso bill lor the ronionslizsuna ol stiver this evening ut Dalf-pnat seven o'clock, iho committee, however, commenced tbe lormal con sideration of (be bill lor action, and adopted an amendment, striking out the clam-e which provides for tbe tree coinage ol stiver bullion, hut adjourned without arriving at a decision as to what provision should be inserted in tbe piuco ol the clause thus omitted. this action was taken by nearly n unanimous vote, and was understood to be merely preliminary to re placing tho omitted clause ol some other pr?vi?iou on the sueject which baa yet to be agroud upoh by tbo committee or a majority ol its members. Various means ot obtaining tne bullion lor coinage and getting the new silver dollars into circulation ana ut tho same 1 lino reserving tne profits or self noruge lor the benefit ol tbo national Treasury have been suggested tu tbo committee. One is to devote $ i.Uoo.Odb of tbo currency bilance to tho purchase ol bullion and issue Hie silver dollars in ox cbungo lor greenbacks, which, wh. n accumulated to tho Amount of $6,000,000, nro to bo again uaod fur tho Issuo of nn additional Ave million silver dollars, and so on Indeilustcly. This, it la said, will be advocated by two members of tbo com mittee as an amendinont 10 tho hill in ca-e it is to be reported favorably at all. Two or throe other member* aro understood 10 be In favor ol an amend moot providing that moro ih in tinny mittiou ut mo now dollars shall be coined each year. It can be Staled, however, on blgu authority tnal tho discus slou fbiis fsr lias not indicated, witb any dsgreo of detlnileuon or certainty, what dual action will he taken oy the committee upon this or upon any other In Jividcsl feature ol the bill. Tbe Bonate Finance Committee bold a spuclal meet ing this evening, at which tbe following goullcmcn, representing tbe banking and other financial Intorcsts, were pre ent by appointment lor the purpose of presenting their news upon the subject of Uis Houso bill for tbo rsmonstlssUun 01 stiver!?From New York, Mcssr* Denj.imio O. Arnold, Samuel D. BabcocK, A. A. Low. J. M. Flake, J. Pierrepont Morgm, W. E. Dodge, J'.; f, K. Jessnp, J. T. Kennedy, J. I*. Townsena, F. O. French, Jeniee M. Brown, John W. Elite, Cbarles M. Fry aud William A. Haines. From Philadelphia:?Frederick Fruloy, A. J. Drrxol, Oeorgo W. Child* aud Cbarles Plait, >lr. Frederick Fraley, of Philadelphia, argued tbat It would bo inexpedient now to adopt silver lor a lull legul leader lor obligations due by the government aud the people ol the United Slats'1. It would certainly cause a reduction lu the valuo ot an already depreci ated " currency to pass tho bill at the proacnt time. II it .was a quostlon solely ol tho United States there would be no great barm in adopting the measure before the committee, but be said:?"As wo have I iyo dealings with the out aide world should wo adopt a depreciated standard our people would hove to suffer the re salts." Ho thought It tho paper currency were allowed to circulate II would be but a lew months beiuro it would bo at par with gold. Ho further oxprossed the opinion tbat tho possugo of tbe bill would completely cbeck the negoti ation of loans to fund tne six per cent bonds, aud advised tbe committee to look at tho question as one wblcb counects the United States government with tho outer world, and not to act hastily upon so serious a matter. Mr. Low argued that should the bill be passed no ouo could predict the amount of injury aud loss It would occaiiotv. Mr. Babcock believed the bill bud two prominent features, one being tbo remonetlzailon of silver and the other tbe demonetization of gold, and that wnen tbe bill became a law, tf It ever should, gold would go from our country and silver would come In. Ho further arguoJ tbat If the bill was passed upon the people It wonld Injure the credit of tbe government, and It would bo injurious to all kinds of industry. Tbe difllcultlcs at present experi enced by tho laboring classes of tho United Stntes were caused by capitalists withholding their money, and bo thought he bad tho right to ask tho committee to act slowly and cautiously upon tho matter. Mr. Townsend spoke in favor of tho savings banks interests. Ho stated that tho Bowery Bank of Now York city bold $15,000,000 worth ol goveatmout bonds, and if tho interest on tlieBO bonds Is to be paid in sil ver iho value will necessarily depreciate aud tho poor people will bo tho losers. Ho said he desired that tho committee should fully understand those facts. wMr. Ellis made an argument substantially as fol lows:?The amount of%nix per cent bonds outstanding Is $720,000,000, und the aunual Interest Is $43,741,000. Tne amount of five per cent bonds outstanding is $708,000,000, und the annual Interest Is $35,400,000. Total Interest, $70,140,000 per annum. Il the same amount wus funded at four per cent the annual interest would be $67,430,000, or an annual saving of $21,6150,u00. It the bonds wore paid ofi at the end of thirty yoars tho total saving during that porlou would bo $t549,800,000. Il the same amount ol bonds was paid off in silver at the present rate lustoad of gold und tho tgduiivo v duo of gold and ailvor wori^ continued as at present, say a difference of eight per cent, tho savings would be $114,900,000, or if tho annual luterost was paid for thirty years to come In silver insteuJ of gold tho saving In tbat respect would bo uboul $190,000,000, snowiug a total saving to tho guvurnrnont of <bo United States, by snbstltntlug silver Instead of gold, of abont $316,000,000, as against about $060,000,000 which tho govornment would save if too bonds wore funded at four per cunt. Mr. Stewurt contended tbat, should this bill be passed, all that has been gained In the past three years toward stability and a sound currency would be lost. Representative Bland, of Missouri, was present, and, being called upon by tho chairman of the com mittee, spoko in fuvor of tbe bill, alter which tbe com mittee adjournod. IMPORTANT BILLS INTRODUCED IN SENATE AND HOUSE. Tbo bill introduced to-day by Representative Banks, ol Massachusetts, "to extend, facilitate andcheipcn land und water transportation ol freights and pas sensors, and to promote industry and labor without further appropriation of public property or in crease of public debt," proposes that all moneys due or that may become due from the several Pacific railway companios shall be held and set apart as a special fund to be used exclusively to aid in tbe improvement and construction of such rail ways, canals and levees as may by Congrcgg be deemed necessary and proper to enlarge, extend, facilitate and cheapen the transportation ol lrelglits and passengers In tbo several Stales and Territories of tbo United Slutes, and that no oilier public money he ap propriated for such purposed. Tbe bill roqaircs tbat such money, when unemployed, shall bo Invested in United States bonds, and when advanced on public works of tbe cnaractor specified, shall torm a first Hen upon them, and that when the money is repaid it shall in like manner bo paid back to this permanent Im provement fund. Tbe bill lutroducod In tbe Senate to-day by Mr. Sargool, authorizing a general account of advances lor the naval appropriation, authorizes the Secrotury of tho Navy to Issue bis requisitions lor advances to tho disbursing officers aud agouti of the navy under a general account ol advances not to exceed tho total upproprlutlou tor tho navy, tho amount so advanced to bo exclusively usod to pay current obligations upon proper vouchers, nnd tbat the pay of tho navy shall horenftor be used only lor its legiti mate purposes, as provided by Ww. The bill further province that the umouats advanced shall he charged to the proper appropriations and returned lo tho "Gonoral account of udvuiices" by pay und counter warrant. Tho charge, however, to particular appro priations shall bo limited lo tho amount appropriated to each. The hill Introducod In the Senate by Mr. McDonald in relation to distilling and rectifying spirits pro vide* that the Commissioner ol Internal Revenue, subject to the approval of tho Secretary of the Treas ury, may, m special cases aud hy special portnil, authorize the distillation and rectification ol spirits to j he cirnod on in buildings heretofore erected, nnd not less than five huudroj loci apart and ou u direct hue, if, in his opinion, uo interest of the United Stutes , will bo effected thereby. The bill introducod by Mr. Knton to encourage anil j protect the shipping lUturc.U and lo revive Ame.icau commerce provides that, when not lot bidden by treu y ! stipu'nilons, a il'scrimln itih : dm v of ton per cent ad ; valorem in addition to the duties now imposed by law ahull, I rum aud alter the 1st ol April, 1->7S, be levied and collected upon all goods, warns and tnor Rhutidoe winch shall bo imported in ships or vessels not oi the United Stales, and Dim the 1'rosiUent ol tho I tilled States shuli take Mich actum as may bu hi cos sary to cancel aud terminate auy tr.uuy stipulations now in lorcn preventing the levy anil collection ol a discriminating duty as herein provided. Mr. Kaion al-o Introduced a bill allowing it registry to foreign built vessels, winch provides that Irotr. and aftor April 1, 1878. the net entitled "An net concerning the rogisiry aud recording of ships aud vessels," up. proved December 31, 1792. aud all ?ct? supplementary thereto, sholi bo repealed so Itir as to admit t ? register foreign built vuxaela ol wood or lion belonging to citi zens ol fho Unlie l St ilea, provided said vessels woro purchased in good lailb by citizons ol tho United Sun. a. 'Itio bill Introduced by Mr. Kaion authorizing the osljblishuioatolm.nl steamship service between llio United Stales and foreign countries provides that wiiouovor It shall be brought to the knowledge ol the Postuiuslcr General that mail coinmunlcaiioii has been established by aleniu vcassia owned by Americuu cuts ns between a port or ports of the United Mates nnd any foreign port or couutry, tiro Postmaster Goner il slial , at his dircrotion, declare the name to ho a marine mull route audsliall contract lor the puseugn ol tho mads thereon at u rate not ox cos ling the rate paid lor mall carriage upon the trunk lilies of railroad ol the Unilcd Stales; provliiad that said vessels shall ho ol the requisite tonnage ami rate; nnd, further, that the owiiors tbcrso. shall give llio requisite bond tor the laitlilui performance ol tne contract*. The bill introduced in the Senate by Mr. Mcrrimnn to provide lor the settlement and payment ol arrear ages due to certain person* lor services actually done lor Die United statis prior to tho Into civil war, appropriates $1,090,001, or so much there of as may bo ococvHary lor tbe purpose nbovo named The bill nllows t oinfcnsailou lor services actually done in the southernStates prior to the 14m of duue, IS il, Including nil outstanding drafts or warrants Issued alter .In y I, Iiu'j, and be fore Jino 30. 1861. loo henl ol the departmeut of the government front wnioli su b payment may be properly demanded shall prescribe nod make such rales and regulations for tbe settlement and payment of tbe sume. Tbe bill introduced In the Fenale by Mr. Paddock to aathorlzo the appointment of a commission to Yistt European countries and report on forestry and tree planting authorizes tbe President to appoint two per sous to examine and report upon the- condition and management of tbe cultivated forests in tbe sev orm countries of Europe; the cost or grow ing, cultivating end protecting tbe same; and also the observed influence. If auv, upon tbe ell mate and natural water sopply of tbo country, and further, to examine and report upon tbe beat varieties of troes to plant for tbe production v! forest* 1 be commissioners shall be appointed for two years and receive a salary of $3,000 per annum, psyablo In gold, - and ebell also have a secretary at an annual salary of $1,800; both commissioners and secretary to be allowed all actual travelling and oiber neceasary expenses, not to ex ceed In the aggregate tbe sum of $16,000. Tbe com missioners are to be under tbe genoral direction of tbe Commissioner of Agriculture and will report to him. It appropriates $30,000 to carry out the pro visions of tbe act. ACTION OF COMMITTEES?THE LOUISIANA CASK. Messrs. Spoflord and Kellogg were bofore the sub committee of the Senate Committee on Privileges and Elections this morning, and ware requested to make short brlels of their cases, each to bo submitted to tbo otbor for special rebuttal, upon wblota rebuttals special evidence will bo lakon. Tbe House Committee on Patent! to-day bad undor consideration the subject ol tbe proposed oiiacttncnl of a statute of limitations In rogard to tbo iniring ment ol patents and also tbo question ol tbe oxtent to which damages should bo allowed. No defluite conclusions wore reached to-day, but Uio Comwtttoo will shortly perfect and report a bill covering both ?ubjoctx. Tbe Senate Committee on Patents has beon called to meet on Thursday next for the special purpose ol hearing arguments for or ugainst tbo various proposi tions hitherto submitted, involving a radical revisiou of the patent laws. A number of leading pUent law yers, Inventors and manuluoturers ol patented arti cles are expected to oe present iroui all parts ol tbo country. CAUCUS OF DEMOCRATIC SENATORS. Tbo democratic Sonators had a caucus to-day wtih a view to advising tbo democratic raombors of tbe Committoo ou Privileges and Elections as to tue best uAido ol procedure uml against delay, especially lu tbe case ol Eustis, of Louslaua, who hud no contestant; and tn the case of liutlcr against Corbett, ol Sopth Carolina, concerning which all the facts are before tbe committee. Without decisive action tbo caucus ad journed until Thursday. CONFIRMATIONS BY THE SEN AT K. The Senato In exocutivo session to-day confirmed the following nominations:? To I* United State* Consul*?Joseph W. Mcrriam, at lquique; Walter H. Uarllold, of Boston, Mass., at Mar tluique; Charles Burtlott, of Wilton. Mo., at Turks Isluud. A large number of postmasters wore also con firmed. THE BUREAU OF 8TATIBTICB?REPORT OF THE COMMITTEE APPOINTED BY THE SECRETARY OF THE TREASURY?CHARGES AGAINST DR. YOUNG. The commission appointed by the Secretary of tbe Treasury, consisting ol Mr. C. C. Adams, spocial agent; Mr. Lymau, of the Stationery Division, and Mr Warron, of tbo Bureau of Education, t? inquire into the conduct of nud business trans acted by the Bureau of Statistics, submitted their report to tbo socrotsry late this altornoon. It la very voluminous, covering eighty-nine pamphlet pages ol printed matter. Tbo commission roviewod the bis lory of statistics at great length from tbo earliest data on that subject down to tbe prosont time in all coun tries, and then relorred to the principal points of ff o Investigation?numely, their luqulry Into the work ings or the Statistical Bureau of tho United States Troasury Department un administered by Dr. Young, 'l'bey roier to all tbo legislation ou the subject, point out tho great cxpenso attending the publication ol tho tounugo report propurod by Mr Niroino, cbier of tho Division of Internal Navigation, and advert with significant comment upon tbo fact that while Dr. Yonng, as cblol of tlio bureau, reports that this volume was prepared under bis direction and supervision, yot tu his testimony before tho commission no stales that Mr. Ntmmo pre pared the report without any supervision on his (Young's) psrl whatever and Independent of his direc tion. Tbe commission reter to tho speoial report made by Dr. Young on Immigration aud to the fact that It was used as an udver tisemoul for the Pennsylvania Railroad Compauy and that Dr. Young's sou mudo raouoy enough by lie sale (it was printed at tbe government's expense) to pay tbe expense* of a trip to Europe. Relernng to the expedition of Dr. Young to St. Petersburg In 1872, as tbo agent?f the federal government In ationdnnco upon tho International Statistical Congress, tho com mission Hud on Inquiry that bo also wrent as the accredited commercial agent of u Urge business interest In tbo United Ftatcs, lor which service he was puid money, while at too nuine time drawing pay at the rate of $18 per d'.cm from tbo United Stutes under a three mouths' leave of absence and receiving the usual outfit and travelling oxponsus allowed by Hie Slute Department to us ugonts abroad. The commission accuso Dr. Youug ol other and serious irregularities and show that his tables of cointflerce and navigation uro grossly incorrect. They demon strate that Ills list ol American vessels that bavo gotio out ol existence, or have otherwise ceased to he Ara-ricuu vessels under the oporuiion ol law, Is not to bo relied on, and prove, by comparison ol the same with the list prepared by tbe ltegister ol tlio Treasury, that there is a discrepancy of over two tbousund vos seis iigwnst tlio report submitted by the Statistical Bureau. The commission make recommendations looking to a thorough reorgauizatiou by the bur au and a radi cal chauge in the muuuer of gatucrtug and publishing statistics of tho country. They also rocoruinoud tho employment ol two or turoo additional clerks ill tbe New York Custom House, to assist in tho preparation of the reports from mat important com mercial centre They concludo oy paying a high tnbuie to tho learning, Industry, probiiy and general usefulness ol Mr. Elliott, the cl.iel clerk ol the bu reau, aud recommend ibo creation lor bun of a liber ally compensated po.-ition near tlio Secretary ol tbo Treasury, where his ucicuowlougod talents would be made of greet practical value to tbo public service. PUOCEiiDINHH OF CONGItlibS. SENATE. WAsni.voTOK, Nov. 13, 1877. Mr. Cockkkll, (dem.) of Ma, presented various resolutions ol tbe Missouri Legislature favoring the repeal ol tbe Bankrupt law ; requesting that the present law m rogard to tbe ealo ol leal tobacco bo amen led, favoring the construction ol a Southern transconti nental railway; urging the removal of the national i apitnl from us present location to a uioro central point, aud askiug appropriations for the improvement of the Gascouadc and Mississippi rivers, ull of which were referred lo appropriate coin nutmeg. # Mr. MtiuoAM, (dem.)ol Ala., presented a memorial ol the Alab .ma Industrial Convention asking au ap propriation for the improvement ol tho navigation of tho bay ol Mobile, aud spoko lu favor of that improve ment as a benefit to commerce, Tho memorial was r lerred to tho Committee on Commerce. House bill making appropriations for the support of tho army lor the Usoal year ending Juno 30, 1878, was rend by title and rolerrcd to the Committee on Appropriations. Mr. Booth, (rep.) of Cal., presented a petition of settlors ou lands granted to tho Southern Pacific Kuilroud Company, praying for such legislation as will protect their rlubts and ioteroats In said lands, lleferrod to the Committee on Public Lands. Mr. Ooi.ksuy, (rep,) ol III., prusoutod a petition of baokers, busuioss men and others, ol Sprlngllold, 111., in (aver ol tho repeal of tho Bankrupt law. Referred to tho Committee ou Hie J udicmry. Mr. Paddock, (irp.) ni Neb., from the Commit tee en Public Lands, reported with ninondments the Sonata mil lor the ratio) ol seniors on tho public lands under tlio pre-emption Iswe. Placed on tho calendar. Mr. Baku*, (rep.) of Me , from tbo Comtnittco on Foreign Relatione, roported r.ivornbly ou tlio joint resolution authorizing Commander K. O. Mnllhows, United States Navy, to accept u gift Trotn tho Emperor oi Mam. Placed ou the calendar, llo also reported irom tin- same coinmiitoo the Senate resolution au thorizing tho Mppoiutmont ol a r.ommissli.ii to ascer tain upon wli.t terms ? reciprocity treaty ol com merce cau bo arrangod with the Republic ol Mexico, and moved that It be referred to tbe Committee oq finance. Ho ordered. lu reporting back ibii reaoluiion Mr. Harlot said the committee was Impressed wllb grave doubts npou litis subject. The negotiation of traallea belonged to the executive brancb ol the government; besides, tbla resolution looked to tbe raising ol revenue, and such mutters uiust originate in tbe House of Representa tives. A numbor of bills were Introduced and relerred to appropriate committees. Mr. Boora submitted a reaoluiion requasttng tbe President, il not incompatible with tba public luioresl, to iurulsb tba Henute with all tbe In format on at bis command relative to the late N*z Percys war: Hie cause of that war; the number of sol dier* enguged thoreiu; Ibe njjinber of lives lost and tbo cust ol the war; also what disposition has been made ol Cbie' Josepb and those who surrendered with lu in to tne iorces of tbe Unltod Stales Agreed to. Mr. Booth, cbairmun ol tbe Committee ou Manufac tures, at bis own request was excused from lurlber service ou tbat committee. MR. CHAFrkk'S 8PKKCJI. Tbe morning hour having expired, Mr. Ciareta (rep. I, ol Colorado, called up bis resolution requesting the President o. too United Slates to infirm Ibe Heu ute what legal impodunenta, if auy, exist which pro ved bint Irom executing the laws of Congress con cerning tne operation ol tbo Union PuclUc Railroad Htnl its brunches. He said be asked alleutluu to this subject thus curly in tbo session because tbe long conlluueu lalturo and refusal of some of the companies to operate their roads ucoord ing lo ibu acte ol * incorporation wrought almost Incalculable damage and loss to the people aud the government. Jnabis Judgment the bardsbip It Indicted was greater than would be en tailed by tbe entire lues ol alt tbo bonds losuod to tbe several cutupauios. The law required ttint tbe muin line and braucuos should be operated as one con nected, continuous tine. Tbe inteution of tbe statute was not lliat the main line should grow rich at the ex. penso of tbe bruuehes?not that one part ol the road should bo used to tba injury ol another pnrt; but that tbe maiu lino aud branches should ba tbo coininou recipients of an untrammelled aud unrestricted trudo. Tbo relation betweon tho govern niout, aim the groat railway system of tbe country tnusl soon ougage the serious consideration of Con gress." four or more men, controlling tbe lour greet trunk lilies 01 railroad between tbe Atlauiin sea board srid llio Mississippi and Missouri valleys, bad the power to murk up or down tho pricu wblcb tbo millions ol our Western tanners would realize lor tbclr products, and this uncertainty de pendent upon transportation was one of t tie causes of tbo great depression In tbo West. Olllcittl Investigation* into tbe mauuor ot constructing tiie Union 1'uuiUo Railroad bad disclosed a degrou or Iruud und villauy that not only .shocked tbo con science of ibo country but threatened to loosen tho lonudation ot public and privato morality. Tne irauds exposed by Congressional inquiries buvo boon Bitpplciueuied by other infractions oi law so giuriug and inexcusable that conservative and honest men outertuined tbe apprehension that this great govern ment so potent ln/ubduiug rebellion, would Itsell tall a victim lu a corporation ol lis own creation. Tliuscbeme ol a great trans continental railroad wis worthy the statesmen who conceived Ik To tbo people generally It opened tip alluring prospocts because It was prog nam with tbo promise ol new markets, rapid travel and cheaper transportation.. One ol tbe chief ohllgu tiousdaid by luw upon the companies wus the provisiuu to pro-rate mile lor mile upon,the main road und the several branches. Tbe act ol 18i3 piuvldod that "the track upon tbe entiro lino ol railroad aud branches shall be ol uuilorm wffltti." Why? Tbo law uu snored. "Ho that when completed o.irs can be run Iroui tbe Missouri River lo tbo 1'uciflo coast,!' und that ' tbo whole lino ol said railroad and brunches uud tele graph snail bo oporuied and used for ull purposes of communication, travel und transportation, so lurus tho public and government are concerned, its ouo con nected. continuous line." It was upon tuis explic.it compact, made for the bcuotlt of Ibu puople, tbutCou gress loaned these companies ovor $04,000,000 und gave them such munificent grants ol laud. LIABILITY or TUB UOVKRMtKNT. When tbe bunds mutured the liability of tbe govern ment uu tbclr account would ba $11(0,945,833, and, al though provisions bad been made lor pur tial payment by tbo several companies each your, they bad not been complied with lu u single instance. By tbo act ot 1884 tbe mortgago to the government was made a second lion. This guvo euco company double the amount ol tbe govugpmeul bonds. ibe Union Pacific Company could thus realize In cash about $63,000 pur mile, or more than tbe probuule cost ol tbe ruud und its equipmeuts. By lbs sums uct tbe land grunt was doubled, and that com pany received 13,000,000 acres of laud, ot which up to tbo eud of 1875 thoy bud sold 1,300,000 acre* at uu average prices of $4 47 per acre, u total of $0,384,000. At Ibis ruto tbo luou grunt alone would pay the cutiro cost ol tbe road. By tbo same act tbo companies weto ullowod lo lake coal aud iron lands and the government was required to pay each company >u cash ouc-hulf tbe sum cbargeu lor gov ernment baslucss Instead ol simply crediting tbo wnole amount. Many other very imporinut advan tages wore given tbe company tu tbe net of 1864. OBUOATIOX* or TUX HOAIA But what were the corresponding obligations Im posed lor the beuclli ot tbo government und the puu lio? Uongrc; s reserved to llsoll not a qualitlod, but tliu absolute right to alter, amend or repeal tbo incor porating act. Tbe companies were required not only to opcrulo their roads as oue counseled, continuous line, but as tbe luw says, so as "lu sucli operation and uso to ufiord and socuro to ouch equal advantages and lacilmes as to rates, time and truus portaliou, without any discrimination oi auy kind in lavor of the road or business of any or either ol said I companies, or advurso lo tbo road or buslucss oi any or either ot toe others." All tho branches wore thus required to pro-rate, mile per mile, with the mala line, fur lu no oilier way could eucb enjoy such equal advantages and facilities, it would be au utter impossibility lor tbe braucli roads evur to repay tbo government, unless they could share in tbe business ol a through Hue; uud already, because o! the Uuiou I'acitlc Company's unlawful discriminations and rolusal to pro rate, tbe Kaunas 1'ucltlo road bud passed into tbo uaiids of receivers ou tnoliou of the ilrst mortgage bondholders lor deluult lu luleresl. Hence the bonds advanced by the government must be totally lost unless a remedy were provided. At least $15,000,1X10 would have been taken irom iho Treasury in consequence ol ttm refusal ol Ibu Ifumu Pucitlc Company lo opurule Their road a' cording to Hie acts ol < ougrus*. Ho far that company n.id sue cesslully dotl"d ibe power of the three co-ordinate braucbes ol this government. L'XLAWt(l'L ACTS or TUB CXIOX PACIFIC: While tbe branch loads were thus in ado bankrupt, the Union I'acido, by illegally mouopoitsiug all me ibrougli truffle at noiiuuza rates, were enabled lo pay not only Interest on more man $63,000,000 ol bonds, over and above the bonds of the liuiiod Biule?, but ulso a diVtuejio ol eight per caul per annum ou over $38,two,000 of block, beside* inventing large amounts every year in constructing other roads It should ne b. rue lu mind tbat a large part ol the compauy's Ponds bad been distributed as dividends to tbo company itsell lu constructing tbe road, aud Ui-Ver bad been paid lor in cash as re quired by law, but bad boon paid lor ut about thirty corns on ibe donar in "road making "at ?*uoiinous profits. Tne grogs aud not earn ings ol llie Uuiou PuciUc snowed that its total operat ing i xpen-es were lee< loan lurty per cent, winch was a smaller ratio lliau ou any Kaaiern road, the uV Tago co-l ol oberatiug all tbo roads lu me United Hisies was over sixty per cent ol their gross receipts, There coulu lie no question ol the rights ul the Kansas Pacific its a brunch lino. These rights, established in earner acts, werj couUriued in the act ol 1809. Too Uuiou Pacific Company luid sal up tbo plea that it w< iiul be uulatr to compel ibetn to pro-rata ou tbo western ball ul their rod lu view ot its higher guide* auu larger operating expenses. Kvuli were ibis true it would prusect uu reason lor ucu conipllaiico with tbo luw. But on tne other balnl. llio Union Paoillc received double subsidy, or $33,099 pur mile, lor a large purtiou ol (Uu wesloru null oi the road, uud trcbiu -ubsniy, or $48,000 per mile, lor tne most difficult part ol it an ex .ininuiion ol tlio detailed olllciul statements ol tbe grades ol both these toads snowed that ibo Union 1'aoillu find a larger proportion ol level track and ul ull grades up to sixty leui pur mile, uud tbul Us slight excess ol grades of irom sixty to ninety leet was utoie than counterbalanced by its supuriorfiy lu I. vet truck. Ilius, m CO?t of uperuliou II bad greatly tbo advan tage. considering gf.ues alone, us Weil as llio udvuu l>ge in good muierlal lor its road bed und lu Ibo abundance, cotiveulebl location and cheapness of co.il. Mr. CuAKFkk quoted Irom (be report ol Uonerul Warieu. Luitud Hlates Kugineera, su i tbe civil en gineer u|.pointed ny tbo Prosidcul in 1808 to oxululoo mo Hue ol tue road, which status Hits' tbe construc tion ol the road bod boon remarkably easy, the general route being exceedingly well lo cated and "possessing capabilities lor easy glides uud luvorutilu sllgumeut unsurpassed bv any other railroad line ou slui luriy elevated grounds." These unimpeachable facts demoualruied mat tne preteuie.ol the Union Pacific that us operat ing expenses wore so heavy us tuju-lily lis enormous InriII between Cheyenne and Ogd.-n was outlrely false, liven il It did coet ibo company more to oper ate the wesloru ball of the road, thelrugreemeiil wllb ll.o government lo operate the main Hue and brunnhus as one continuous load without discrimination lor over barred them Iroin sucli a plea. COItrOKATK ItlOIITS FOItFKITEl). , By tbe continued failure aud relusal to do so thry had forfeited ull their corporate rights and privileges. I lip, lie said, w.?b u well settled rule ol law, lu sou- I port ol which Mr. Chnffoe quoted many eminent au thorities. Accordingly, It was Hie duty ol the government to apply tbo remedy. Millions ?it Hie peoplo were wronged and injured by tbo wnotoo defiance of law practised daily mid for years by tba Union Pacific Railroad Company. The legislatures ol Missouri, llliuoi* and Kansas bad adopted resolutions Instructing their ropresonaiivcs and Hcuslors in Cougress to urge upon Uielr respec tive liou es sUfb legislation as might bu ufOdC l lo se cure to all llie people tho equal rigbta provided lor tu Hie acts creating tne Pacific railroad coinpuuies, and these memorials etili renamed upuu tbe Hen ate files un-stislled nud onbocded. The raios for passengers uud lruigbt wore more Irom Cheynnii" west to OgUen (nlfi milus) than Irom urnab'i to Ogden, wbicb Is 1,033 miles. I be un just, Illegal an 11 discriminating rates wore severely loll, especially by the people ol Colorado, Kansas, Missouri, and all lbs States south ot tbe Uiifi< Klvor. l.aw was not a matter of the slightest iraporiunce lo llio Umou Pacific Kuilrond Company unless it were tevorablo to their Interests. , In Juno, 1*74, Congress passed a luw lo protect llio public iu this matter, imposing penalties uud sill homing suits, but what progress could any individual or bankrupt company make against a corpor itiou whose uct profile exceeds $8,000,000 an nually? Nothing, but the stroug erm oijtlile govern ment could apply the romody and compel a uuu ob servance ol the Inw. I lie State ol Colorado, more especially, was prac tically embargoed bv tbo illegal action ot these com panies. No article ol commerce could be transported west of Cheyenne without paying more lor freight, even lor a distance ol llltv-eoven miles, than was charged over the wliolo length ol Hie road. UISCKIMIXATIXO RATKB. Mr. CnArrxs quoted irom tbe tariff ol tbo company to show bow prohibitory were the rate* The lnton tion of these discritninuliug rates, bo Mid, was to couipcl <t)I commerce with thu region won of Clioy enue to traverse tne entire I uo ol iho t'uiou Puciflo Railroad. The tamo system waa practised wttli refer ence to freight lruiu the 1'ac lie count. Passengers were also compelled to submit to similar extortion, so tbat ft seemed nelthor passongor* oor abippera had any rigbta tbat iho Union Pacific Company were bound to reaped The people were lb an deprived ol the benefits ol a through line end to all travellors across Iho continent Colorado vat a forbidden land. During last July, wben It bociitne necessary to aend the Second tniautry by iho ahurlest and quickest route from Georgia to California for sorvice agu.nst tho Indians tbey were sent vln tne Kansas 1'aclllc route 10 Denver and Cheyenne, but tbe Union 1'uciUc Company charged toe government Illegal aud discriminating rates from Cbeyonue to Ogdea. Stripping the question or all sophistry, tbe plain un varnished facts were that tho Union Pacific Com pany's accounts show a clear profit of $03,000,000 In stock aud junior bouda over aud abovo tho cost of the road, and tne cost of the road was paid for by tne United States aud first mortgage bonds. Besides this, tbe company bed made a profit ol $23,000,U00 us builders of tho road. Having successfully violated tbe law and defied the government tbus far, tbe company proposed to continue-to do tne same, aud to tnouopolizo the through traffic ol this entire continent, and not onlv that, but In the words ol tho president ol tliat company, "to hold the great bulk ol the travol aud Ireigut for tbe Pacific coast and lor China, and Jupan and other ports In the PactUc OceanJ' In tfinclnslon lfr. Ctiawes said it was tbe duty of the exeoutive branch of tho government to declare tho charter ol the Union Pacific Railroad lorleiled for wil ful violation of the law. uud to tako possession of the roud uagftss legal Impediments existed to prevent Im mediate action. At the conclusion of Uls remarks Mr. Chafi'ee nskoJ tbe present consideration ol the resolution. Mr. Saunhkr.*, ol Nebraska, sent to the Clerk's ucsk and bad read a telegram from A. J. l'oppleton, attor ney lor the Unlou Pacific Iluilroad, staling that the question whether tho Kansas Pacific. Denver Pacific uud Burlington and Missouri River roads woro branch" sol' the Union Pacific, and what tfieir rights were, wis now pouding before Judgo Dillon, aud a de cision might be expected In a low day *, and nxpressing Ifio unpu that there would bo uo legislation until alter that decision should he made. Mr. Saundsrs said ne desired to address tho Senato In regard to this resolution, but was not prepared to do so to-day. Mr. Ciiavfkk said this was a simple resolution of In quiry, tUougli he would uot press it to-dsy It tho Sen ator (Mr. Suuuders) desired to speak. The resolution was then laid over lor the present. Mr. Hkuck, (rep.) st Miss., submlttoil a resolution that thu names ot Mr. Bruce and Mr. Rollins, ol New Hampshire, be transposed on the Committee ou Man ufactures and that Mr. Rollins bo cbuirinau ol said committee. Agroud to. Mr. Anthony, (rep.) ol R. I., tuiroducod a bill fixing tbe site lor thu equostriun statuo of Major General Nathaniel Greono at tbe Intersection ol Maryland uud Massachusetts avenues, to Washington, l>- C. Re lot red to the Committee on Public Huildlngs aud Grounds. Mr. Camkron, (rep.) ol Pa., submnted a Joint resolu tion uuthoriziiig Rear Admiral 'William Keyn'Jds, United Status Navy, to accept certain presents from tho King ol Slain. Itelerred to the Committee on Forolgn Relations. Mr. Davis, (ucm.) of W. Vs., gave notice that on Thursday next he would ask tbs ludulgenoo ol the Senaiu to submit sotno remarks In explanation of iho resolution ho Introduced a lew daya ago In regard to alleged discrepancies In tho books and acoounts ol tho Treasury Department. The Senate then, tt ten mlnutos past two P. M., on motion of Mr. Spenoor, wont into executive scssiou, and, wliefi the doors wero reopouod, udjournod until to-morrow. HOUSE OP BEPKESENTATIVEd, Washinoton, Nov. 18, 1877. Tho reading of the Journal waa not finishod until five minutes to ono o'clock. The following blJla wore Introduced and referred:? By Mr. Banks, (rep.) ol Mass.?To extend, facilltalo and cheapen laud and water transportation of freight and passengers, and to promoto Industry and labor without further appropriation ol publio property or increase ol the publlo debt. By Mr. Wbitk, (rep.) of Pi, a resolution Instruct ing tbo Committee ou Pnbilc l.ands to Inquire what assislsuoe can bo givou by tho government to cltlzons who desire to emigrate to the AT est lor tbe purposo ol engaging in ngriculluro. By Mr. Townsukno, of Illinois, a resolution Instruct ing the Committee on Bsnkiug and Currency to in qulro luto tho expediency ol winding up tbe national banks, withdrawing their circulation and substituting in Ilea thereof greenbacks or other similar currency. THIS DKPICIRXUT BILL The House then, at Qttcon minutes past ono o'clock, wflct into CommlUoe ol tbo Wnole (Mr. Bluckburn, or Kentucky, in the chair) ou the Deficiency bilL Tho total amount appropriated by tho hill Is $2,240,603, of which $1,446,688 Is lor tbe pay of the navy, $311,053 for payiuout ol tbe amount due Seltgman Brothers, of Londou; $1,000 lor miscellaneous claims and $40,000 for the pay ol the marine corps Tho hill also, provides for ih'o ^aymeut ot Uuitod states Judges, and authorizes tho Secretary of tho In terior to runt a Ure-prout building In Washington until Iho Interior Department Ouiidiug is repaired. SPEECH Ok MR. BLOUNT. Mr. Blount, idem.) ol Go. (member of tho Appro priations Committee, haviug charge ol thu bill), pro ceedud to open tne discussion. He referred to thu tact that lor 1872, 1878, 1874 nod 1875 the estimates tor the pny ot the nnvv amounted to $6,500,000. and lor 1876 to $6,600,000-, but that suddenly, when tne House became democratic, tho estimate amounted to $7,600,000 to pay 6,o00 men, and that tbe estimate lor 1878 was $7,300,0o0. At the begiuuing of lust Congress a sub-corn tniuoe of tho Committee ou Appropr.attuns (cousistlog ol Messrs. Raudall, Hale and bliusoll), called hi ibo Navy Department to ascertain whv tbo estimate tor pay was ao high, aud thuy wero inloriuud that thu ilepaitinuul could gut aloug Willi $6,250,000. lu tbat same bill tbo lorce el the navy was reduced 1,000, making ifio uuuiber 7.5DO men. They woro then lutd that thu appropriation for puy could bo reduced $1,000,000 more, uud 4t was reduced hall a million. Alter the adjournment an urder had beuu l*?uud by tno Secretary ol tbe Navy, tbo purposo ol winch was to excite tbo uavy against Hie uiujority tide ol tho House. Last session every Uoilar asked lor by the department Uud boon voted ex cept $50,000. lie was surprised, therefore, ihul the present Secretary of I be Nuvy should clul in that tbo present dullcicucy oolotigud to the lust fiscal year. If tho appropriations wero mad'; up to tho absolute requirement of thu service thou tbo Socrotury had, In Vinlailou ol law, taken Iroiu Iho Treuaury $8,000,000 or $0,000,000 Tbo upprepilations niudo lor tho different bureaus tiad been Uaud luoiscriunnitnly. Kor tustauce, thuie was a ' deficiency lu the pay oi the Murine corps, ulthougb every dollar ucoded to pay lb it corps had boou appropriated, but it had Uoen used lor other purposes. Tno com mittee bad reported tno amount necessary to pay ma Marino corps, but luat lucl would uot prevent u lull Investigation luto the o.rcutusluucos. Tho Houso owed it to tno puoplo ol the country to pursue that Investigation rmciiiiesaly, ami It would do It. Mr. Kusn inquired wnuthcr some means could not be devised to prevent sue i misapplications ol lauds. Mr. Blount replied mat all accessary legislation for thu purpose slroauy existed. Thu only remedy lor the ovil w is tn tho mural bonso of the pooplo, who /mould hold to Just accountability those who hail been lor years permuting an improper use ol the lunds in the T reasury. Mr. Goouk, (dum.) of Vo., another member of the Appropriations Corn milieu, held tuai It would be profit able tn make the investigation rclerrod to, aud he hoped that it would b .' prosecuted earnestly aud im partially; but wnnievor might be Ifio responsibility at taching lu Congress or to the department iu regard to thu deficiency the appropriation should be nude with out delay. The officers uud men ol Ibc navy should uo longer bo lull to tho louder ujorcics of iho money Icudors. He complimented the present Secretary ol the Navy ou ccruin portions ol his repurt, wherein ho says that the difficulties nuve arisen from the improper diversion ol fuuds which mid bocu appropriated to special objects, and hud boon used lor other aud dider eul objects. srr.iirH or mil iiai.h. Mr. Halk, (rep.) ul Me., also u member of the Ap propriations > oiuiuiltou, spoke ol the pressing wuuts of tue men in thu ariny and uavy and ol the uccrssily ol making tnumumio provision lor'their paymeul. Ho criticised tne speech of Mr. Blount as nut containing suoii lulurination as the iluusu and country were en titled to expect, but as making uu ullack on lUu lute Secretary ol ihuNuvy. This bill did not legitimately involve any political discussion. Tno prxaout Secre tary ol the Navy had explained tbo mutter in a lew brief sentences, us follows:? The present deficiency In the land lor tbe pay of the new has h- en eoiilitiulng Irani year to rear, running back lo the thus in the late sal, wu.-n both the estimates and appropriation* were ncoe-sarily made on vague and anru.l aule n.torinallou. C">n*ei|U<inily it Is n t en urge able to any out. yrar, but lo a series ol year*, sad has been occasioned b tli l>. ln*ulH< drill estimate* and In-iilficieul appropria tion*. tbe letter having Peru tor eight out of tbe last nine years considerably less tbau the e?itinaies. Mr. Halk went on to argue tbat tbo fund tor tho pay ol the navy was not one ol tho.-e luuus which wnen uiiexpeuuad arc required to be turned into the treas ury at the end ol two yours, but wns a continuing I uu J, <>ai uf wbicii paymasters bad boon la tbe bauil ol paying ull sorts ol expenses for tho navy, wbtcu 'were ntterwards credited back to tho puy fund. It was the late Secretary ol the Navy (about whuni(mcujbers en tho oibor siue could not lisii tUuinso.vos into sufficient luryl, who had changed the jirior systum of having those ac count* balanced at long Intervals smi who had re quired them to be balanced every throe months, the pay lund had been in a do the pack borne on which everything else bnd ridden, and when the reckoning day oaine In thd Treasury Department to pny back what had been used lor ullinr bureaus It was alien louud that those bureaus had no h ilanoes to their credit, and so the pay lund hud to suitor. He did not claim that that wus u good practice, llo did uot think it was. Ho balieved it to bo a good thing that tho present Secretary ol tne Navy had looked the question fairly in the fade ami bait declined to go lorward aud anttelpato or apply tho principles fairly applicable to a continuing luud, nut hud shut down and *at<l he would Dot allow the pay lund to bo encroached upon by any other lund*. ifiat Is all tbat ibere was in Ibis pother about the Deflctoury bill and in these charges ol bad conduct nnd extravagance as something lliul de served renewed investigation on tne part ol the late Secretary ol the Navy, lie was now a private citizen, aud entitled to all ilio rights ol a private citizen. Tno late Socrotary might m. scrutinized from cellar to gnrret, and there would not be looud a single dollar of a tha mllllom tbnt passed through bit bandit wnich >iau been appropriated to a purpose out ?idaof the n. .imuuanco ol the American uuvy in ? proper manner Mr. Mamporii, (iilp.) of Ohio, argued that thore waa no poa-iot"-v, except by corrupt colluetoo, of baring the iund io< tbe pay of tbeuavy permanently diverted to uny utber bureau; and that, therefore, there waa an ac int. detiv-euoy in that fund. Mr. bitKN. (dcin.) of lilt., aaked Mr. Danfortb to ?tale what mm bad been actually required tor tha pay ol tbo nuvy last year. Mr. Damfokd replied ibat ba had oo Inloruiation on thut poiut. Mr. Banks, (rep.) of Mass., expressed bis conviction that it the -<?*nl Secretary ol the Navy would adhere to tb ,_JaiU down by bim, bo would very soou atop niu ..i.g tbe department. Tbe system on which the House did business made it Impossible lor any ol the departments to he ruu lor a series ol ycare without encroaching on thai rule, yor instance, the Naval Coinuiltleo had jurisdiction of ail matters pertaioiug to the laws under which the deperttneoi should be curried on. It fixed tbo lorce of men and of ships, the expenses to be incurred, tie., but tbe Com tnillee on Appropriations, perhaps lu viow ol an im pending election, undertook to cut down tbe esti mates llfty, iwcuty-flvo or ten per ocnt, anil so neces sitated deficiencies. The proper way would be to restrict. I be Committee on Appropriations had been originally restricted under the rules to an appropria tion ol tne money required by tbe laws of tbe country, KKPLT TO MR. HALE. Mr Blount, ol Georgia, replied to Mr. Hale. H? admitted that bis mode ol presenting tbe bill and con ducting the discussion whs not based on a study ol that gentleman; he prolerrod to couiorm to his own Judgment. That goutleinun had not answored point) mude by him (Mr. Blount), but had raised now lsstioa and had uddretsed bimsoif to them. The present .Secretary ol the Navy bad bla re rpeci because he repudiated the practico which the gentleman Irorn Maine had heou dofendiug and wascounug back to the legal methods of administer ing the navy. Thure had neen misuse ol the publid moneys and the people yere claiming to know something of the administration ot tbo navy. He (Mr. Blount) was not the only man mslde or outside of the Capitol who wanted to know why the lute Sec retary ol tbe Navy bud beon using money improperly. Tbif* might be In violaliou of good tarda on bU (Mr. Blount's) part, but he would not permit tbo genilemun from Maino to try btin. In tue midst of tho popular distress, in the paralysis or busi ness, he, lor one, saw no remedy but In reducing ex penditures and reforming loglslatton. Ho would re sort to that tueibod rather than to peeping over bay ouets in distrust ol the men who made up the boue and sinew ot the land and tho basis ol oil Its Indus trios. The debate closed aud the bill passed, without divis ion HILL TO RKI'KAL Til K HK8UMITION ACT. Tho House then, ul a quarter past threo o'clock, proceeded to the consideration of thu bill to repeal tue Resumption act. Mr iCusN, of Illinois, otrercd a substitute elmp'y re pealing 'he third section ol the Rcsuinptlou act and providing that there shall bo no lurther issue of na* tlonal bunk notes except to replace such as ore mu. Misted, worn or destroyed. SI'KKCU or MK. CUITTKNDKN. Mr. Cbittknuk.n, (rep.) ol N. V., look tbe floor. Us sent to the Ciork's desk and bad read a memorial ol thu National Board of Trade and a draft ot a snuatttuts lor the pending bill prepared by that body. He then steppod to tho Clerk's desk hlmsull and addressed thu House from that position. Holding up a ten-dollar legal tender not?, he said he was very much mistaken if tho bill belure tbe House was not downright repudiation. This note in bis hand was a promlBe ol the guvermunl to pay him $10, but no date was Used lor the payment. Tbo note was issued In 1875, and on tho 14th day ol that year Congress had enacted a aw declaring thai this debt ot the Govern ment should bo paid on tho 1st of January, 1878. Tho government must keep Its promise faithfully It would become tho leaser ol ail ruf" -qrs \u I land, Including every delimiting tow? "r '. .'1 The question ol honor was the centre ? g in tbo discussion. He proceeded to i i* Ing spcocii made by Mr. l'hullps, of --s'ais, pressed bis regret that that geutlomun huu given his conlldence to that monster ol infla tion who told bun that there were 400,000 paupers in tho streets ol New York. Ho also ex pressed the regret that thut patient aud profound aiudeut ol finance had come to the conclusion that the commercial distress ot iho country and tbo shrlak :ge ol values urose Irom the IC'Sumpiiou act. He told thai gentleman and all unfortunates who went roaming up and down tho high ways aud uy a ays of tho land touch ing the doctrine that contraction ot tho eurrency under the Resumption set hud no moro to do with the present suflurmgs ol the couutry than It bed to do wlib tho lrozcn feet of the Turks in tho Slupta Pass. It wus high time thai members of Congress and men ol souse dropped lorever all such uouseu.se. Ho wen) on to iirguo that tbo limitation ol papor currency , should he lell to adjust itself uudor a free banking sys tem, guided by the ea.er. intelligent, degressive enter\ prise of tbe people. Tbero was but one alternative, an exclusive grot-noack currency, subject at all times ta the caprice of Congress. II aoy ouo asked htm what thut policy would lead to ho would rcler them, sorrowluily, to tbe receut vote on tbe Silvei buL Ho characterised tbo ponding bill as hurt Jul, discredliahlo aud without excuse. Tbe issue prvseuted uduiilted of no compromise. There was uo way to averugo honesty with dishonesty. There was no coutral ground between right and wrong. Ho believed that tbero uever had been au hour in Amorisun history since the days of colonial dependence when the natloual honor uDd welfare wer) so imperilled as now. What had the House done on the 4 h Inst. 7 It had passed the Silver bill withont s syllable of debute?a bill which, if it be came a law, would tako $flu,000,000 from tbo bard earnings of the uopositors in tbo saviugs bangs ot New York alone. Half u million ol tho oitlcens ol the Umpire Stale wou'd come, if necessary, to Wushluglou to protest, iu tbu nemo of common bonosty, against the outrage ol thut bill. Ho quotod from a spi-och mude by Mr. Hlackburo, of Kentucky, in Baltimore, on the duy wheu the House paasou the Silver bill, la wnlcb he slated that the House would the loliowiug day pass the bill tor the repcul ol tho Resumption act, and loosen the shackles which hud lor ho long bouud down tuo laboring inon, and it would loliow this up by equalizing taxation and restoring tho income tax. Mr. Blackuukn, ol Kentucky, eafd that the gentlo man lrom New York (Mr. ChlUendun) was reading from a new.-paper report of his speech which had never bceu suuuiiitcd to bint lor exuminatlou, but he could only express bis regrot that that Resumption bill had nut already beeu repealed und inoeo sQsokloa stricken oil. Mr. Cuittkndks (continuing) said that tha country was now sunken by the wild Ulust of u grand curiency Illusion which hud swept over the plnius of tbe flouth aud the prairies ol the West, carrying the Housa by storm aud threatening to engulf the national Integrity. The crisis was upon tho coun try. It was now or never. iio believed that thegreunbuck was tho inosi powerful enemy that tho couutry had ever encountered, slavery uluuo ex cepted. There was nothing In I he history ol paper money to warrant tbe belief tuat tho greenbacks would be ever paid. Ou the coulrury. ail tra ditions pointed to repudiation, and current events pointed the same way. Ho reiorred lo the vote lost week of this deliberative body? (heuvou save the tuarkl)?which declared that w. at was then worth Diuely lwo coots, aud is to-day worth ninety cents, shall henceforth he a lawlul dollar, aud lu tiled In at gold would be known no more lorevur in thu country. II lliat was not square repudiatieu wbut was? Would the power which had declared ua article mat wus worth umeiy-iwo cents on Monday of lust woek und was to-day worth ninety cents a law:ul dollar bositato to declare ten cents a lawful dollar wber ? ho exigency shuuid arise? Kdmund Burke ban thought base coiu guod ouougb lor the dependent colonies, and bad proposed tho Issuo of base coin to relieve theui iroin a paper money delusion, and now? history repeating Hsell?a proposition had been made In Iho BenaW to issue $40,000,000 of "goloid"?if any. body know what that wax lu tho presence ol these lucts ho denounced the "greenback" as a fraud, ft was a abam; it lamilianzed the individual and public conscience with siiamo. It bad inuudied uli the springs ol honost thrift and solid euterpriso: had contused aud misled the public judgment; hud sapped mo courage and wisdom ot the loderal Treas ury. and had giviu immense comforts to dcinugogbex Should the government in this supremu moment turn uw.y to go after strange gods and to plunge into a limited abyss ot cowaidice aud sbumu? That was tbe qusbtion. nuts fob mk. KW1KO. In conclusion no put four qdosiions lo tho gentle man from Ohio In charge ot the bill (Mr. K wing), which he wisheu bun to answer when he next uddressud the House:? Pint ? If he owed a sum ol money which he bad promised to pay on the 1st ol January, 1878, could he send his creditor loi inal notice that be would not pay him aud could bo then meet honest men unveiled ? .Second?How could tho government without abso lute disgrace now give to tbe holders ol greenbacks (issued since the 14th ot Juuuary, 1876, .when the govemmeut pledged itself lo ruducin them on the 1st ol January, 1870), notice that It would not pay them? Thinl?Could tue government afford to risk even e constructive impuiatiou of dishonesty? Fourth ? Hew aud why was it that evory woll drained gambler, eelaunor an I inflationist in tun land applauded the bill to tue echo? Mr. Moskok, (rop.) ol Ohio, assumed that the whole couutry would be glad to sie tbe grcoubuck dollar equal to tbo com dollar in value, und yet all tho legislation the country bad which lauded to bring nboul thai equalization was repealed by tho bill under consideration. He quoted lrom the St. l.oan democratic platform, which denounce I the republican party lor nut bnving taken any s>ops toward resumption, and yot tbe democratic party had brought in a hill which repculod the only stop taken toward resumption. He also quoted Irout the republican platform, .-bowing mat that parry was also in lavur ol resumutlon. Mr. Kklly, (rep.) 01 I'm, suggested that ail repub licans did not stand together upou that platiorm. He hlmsull had gone under high olflclsl auapiccs lo Indi ana, Ohio auu Central I'ounsyivania end expressed to every audlcnco be addressed his protest against the (ltmuciul doctriuo oi tho republican party and the views expressed by Messrs. Hayes and Wheeler in their tellers ol acceptance, snd that waa tbe year whun Ohio bird been won aud not lost. Mr. Monkoi (continuing) said that It needed bnt ? litrlo more pailoucu aud itie victory of specie resump tion would bo achieved. If ihn present b II passed ? fveliug ol discouragement would prevail through tho land, it would he hard to And a more lavorable tuuo lor the resumption ol specie p <yinunte. and il specie payments wore not reached under the present clrcum staueos the country might well despair of ever reach ing iu Tine closed tho discussion for the day. Mr. Gi.ovk.ii, (deiu.) ol Mo., offered a resolution for investigations luio ml the depart inputs of the govern ment (me same resolution that was adopted at tne beginning ot lest Congress). Referred lo Iho Com mittee on Ways snd M< nux The House then, at twenty minutes to Ave o'clock, adjourned.