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FORTEETH CONGRESS.
. _ [THIRD . SEStIONqI
SENATE : Duties on Copper Sic;
-;zlEtedemPtion or Five-Turen
ties-Public Debt-Judge Uri
derstoodYi llecent Decision. at
Ilichnsund-Alesoluti'on to Pay
Sontheitilienitors-Monument
to General l Ilearney--Resolu.
4, *ion Adopted Relieving Florida
?CitizeniTronriMabillties-1-11e-
lief for root of District of Co
luinbia-LEight Hours Work for
TenlAElokirs Pay;-Conaderatio4
of Specie Resumption - Dill
Speech by Mr. Morton. HOUSE:
"Inkirisonment of Americans
•=ln lielaniV-earklage of Emilio
;••" tsilre - Sitbshinces' on Passenger
lressels:--Politicat Disabilities
inilate Rebel states—
,
t. Amendment tp-Internal 'leve
t
flue taw=liegis•t6rs in. Bank
'. illPtcY - -, - tb Take? Te stimony
--
Certification of. Cheeks by 111a
_
tional „Ranks—kensale
Aployes, fpr Like ~SerFice; to Be
i ceive Same Conipentation as
• nalist—No L'aminisiloiter - Sent
-49
rIBy Telegraph to the Ilttsbursth Gerette.l
WaseiNGToN, Deceriiberls 1868.
• . SENATE.
•Mr StEkßMANyfiom the Finance Com
mittee, reported baolc the . Mouse bill fixing
4,the dut. les, on, copper, , dm., and, also the Ibl
- Jawing reaolution, which, on his motion,
'was Want' the table, to be :called up at an
-early day.
Rescimi, Ily . .the Senate, that -neither
pnbili policy nor the good faith of the nation
will allow the redemption of the 5-20 bonds
!.*1 iintillhe United States shill perform its
primary duty of paying its notes in I:4in, or
' making them equivalent theteto;and'tneas
k'' .nreEi should be adopted to secure - the r&•
.aninption of specie Payment at as early - a
' period - as practicable.
, t; Mr. SHERMAN idao'reported back from
the same Committee, without amendinent,
t.......L.*.,.+T.,_'l o llofiwPipdan t Afitrodgg r ecly
- ..'l 27l lmfia. - Navember, i 867, which read as
. • follows :
';') • Joint resolution pledging the faith of the
United States to the payment- of the pulic
-debt in vein °en§ eqnlvalent:
WhereaB, the public debt of the United
States was, except; where specially other
wise ordered, contracted upon the faith
.of the United States that the same should
tb9 paid or redeemed in omwor its mdirra
=tjent;;and wherecta; dciutits have been raised
; ; „
as, to tho -duty . and -propriety of discharg
.ing such debt in coin or its equivalent;
4.! - , therefore, •
Resolved, by the Senate and House of
:; Representatives of United tStates, dtc.; that
•the public ,debt of the United States, ex-
• kept incases wherein the law authorizes the
same, or provision was expressly made, ie
owing in coin or its equivalent, and the
- faith of the United States is hereby sol
emnly pledged to its payment accordingly.
Mr. WILLIAMS offered a resolution in
structing the 'Judiciary Committee - to in
-quire - into the practicability and expedi
ency of some immediate legislation to pre
, vent the discharge Of persons convicted of
t -cri-tne by the extraordinary decision of the
• District Judge of Virginia.
After discussiod ithe word liextraordin
ary"--Wasstirick out, as 'perhaps reflecting
on Judge Underwood. • •
F The resolution was then adopted.
Mr. MORTON offered a resolution direct
ing the Secretary of the Senate to pay the
tSeuators from North Carolina, South Caro.
, Florida, Alabama, Arkansas and
• Lonhilana, the legal compensation of Sena
,
4 tors. _
• Mr. FERRY obiected.
Mr. WILLILMS, from the Committee on
Military Affairs,.reported tile joint resols
e'., Son to donate condemned cannon to erect
a monument to Maj.,Gen. Kearney.
The resolution was adopted.
1 Mr. OSBORNE introduced a bill to re
lievo sundry citizens of Florida from
cid disabilities. chi his motion it was laid
on the table.
_ Mr. CONNESS introduced a resolution
directing the Committee on Naval _Affairs
k to inquire into the practicability of making
Midway Island a rendezvous for United
I States vessels. Adopted.
Mr. COLE introduced a bill to provide a
temporary government for. Alaska. Re.
ferred to the Committee on Territories.
Mr. VICKERS, from the 'Committee on
:4 the District of Columbia, reported, a joint
resolution appropriating 30.000 for the
4 temporary'reljer of the poor of the District,
which was adopted. I -
Mr. CONNESS - moved to take up, the bill
to dx the compensation for labor perform
; •ed for the government,providing that there
shall be no reduction of pay on account of
the reduction of hours of labor.
•I The motion was lost-22 to 38.
Mr. CORBETT offered a resolution re
, queSting the Secretary of the TreasUry to
- inform the Senate off the total cost of the
/ Issue of United States' fractional currency
~i ! up to this time. Adopted.
On-motion of Mr. FERRY, the resolution
- .offered. by Mr. Moften - in regard to pay of
• Southern Senators was referred to the
diciary Committee. •
On motion'of fr.SHERMAN, the consid.
eration of hie Railroad bill was postponed
2, until , after recess.
•; The Senate, on motion of Mr. MORTON,
took ttp his bill -for the resumption specie
payment, on which he spoke at length.'
Senator MORTON, in the course of an
elaborate speech, in reply to the - argument
that the currency is redundant and we
_cannot return to specie pavment -until:con
-, traction 'has taken place, said the entire
f ; bank circulation 'before the.war was two
hundred and two millions, and the specie
held by the banks eighty-eight millions;
but at the'same time gold and silver were - ,
in circulation, and it is probable there
were more than onthnndred and fifty mil
. lions in the country, besides that held by
' hanks. Then there, were alsol;the issues,
of local banks, not Current except in the
localitles where issued, which rendered ne
- ces aat7 the payment of debts and cornmer
' cial transactions in bills of exchange and
promissory notes, amountinf, to many hun
dreds of millions of dollars annually. This
form of currency is Still used, but not
nearly to the same extent. Greenbacks
and National . Bank notes are now trans
ported from one section to another to the
amount of many hundred milieus every
He continued : The needs of the coun
try demanded an increase of currency over
1860 of at least one hundred and fifty mil-'
lions, end, therefore, when_ you add to the
actual , crirreney' of 1860, viz: about foiir
hendred and fifty, millions, the amount of
ourrenry now used, in place of former bills
of exchange and promissory notes, and the,
increased demand for other purposes, it is'
doubtful whether the currenoyls more re
dundant nowthan ki,1860, 'When thebanks'
were paying specie; and yupt ' relltindant,
contraction lsnot's necessary preliminary
measure to return to specie payment.
Again, said Mr. Morton, it la said the`
GoVernment 'cannot "turn, to specie pay
ment nail We have chetked the Slow of gold
to Europe by iargely reducing our impor
tatiopsiof foreign *ands. I
Thiele kolitar clear'' of putting the disease
for the remedy. Gold, like every com•
modity, is governed by te great commer
ciallaw of demand and supply. It goes
*hate needed and leaves tile country-,
when* not in demand. In this countsy
there is now but one demand for gold, which
is to pay duties on imports. In whatever,
i
country paper money has been made legal
t e nder, t has invariably driven gold and
silver from eircedalion,,and'En a great part
fronfthe country. Taus it is that Canada
is flooded with American silver, and that
American gold has gone to Europe in a
steady stream torlve years. !Thus it was
during -- the' French revointion, when the
assignals, a legal tender like our o*n.-
drove r'rench gold, into all the neighboring
countries, , So when the assignors finally
collapsed, initherilidin a siugle day,France '
found herself almost destitute of coin.
And thus it was duringthe long suspension
of the Bankaf England; when the English
gold went 'oat and was: only recalled
the preparations made to return to ,lpetne
payment. During the first five years of
the decide end ng June 80, 1868, our gold
exports were M 1,268,211. During:the last
dve years our exportit•were 1f.413,69ti,000,
showing air increase of $14,422,000
during the -first fit**. - years. Oar ims
pqrts of gold exceSded those of the
last five years $19,389,000, which, added to
$152,44000, would make 4171,811,000 of an
increased gold loss daring, the last five
years. We cannot retain our gold at home
except by malting a demand 'for it. If we
would reduce importation of foreign goo
we must withholdthe gold with which they
are purchased, and this we cannot do ex
cept by making ; it more profitable to keep
it at-home than to send it abroad.
Mr. MORTON next alluded to the idea
that we can only raise - the value of our cur
rency by raising tbat of oar bands, and to
this end we. post apply the surplus gold
in the Treastiry,to the purchase of our
bonds in the market to`be cancelled. This
he held to be 'a misconception. • He: did not
believe the existence of our bonded debt
had anything to do with the depreciation of
our currency. He believed it would be de
greciated if the Government did not owes
single bond, ;,or if our' bonds were at par.
The currency was depreciated because the
greenback note is a - nrombie to ray so
many dollars on demand, which ; it does
not pay, Thepromisd is daily broken and
has long been dislicincli*, The notweraws
no interest, and the Geveinment has fixed
no time when it wall pay It. .Upder these
• circumstances the note mint' be' deprecia
ted. The solvency or ultimate ability of
the promiser to pay never kept-over drie
paper at par, and never will. Tq do-that,
there must , be certainty .in the payment and
time ofpayment, andlf the time of paYment
be deferred, compensation must be made by
the 'payment of interest. The taking of
the gold in the Treasury for the purchase
of • bonds puts the redemption of the green
backs out of the power of the Government,
and proclaims to the world that it does not
intend to return to specie payment. The
1 -gold thus taken would not enter into circu
lation, but would sink back into an article
of mercbandize, to be gambled for, as it
now is in Wall .street. The greenback cir
culation is a part of the public debt, for
the redemption of which the faith of
the nation is solemnly pledged. The
redemption of this pledge is not only de,
_mended by every principle of.national hon
or, but is imprratively demanded by the
interests of the people, collectively and in
dividually, and if the Government were to
take the only means - by which it ,can be'
improved, and apply it to the purchase of
bonds not due for many years, it• Would
merit and receive the indignation and con
tempt of honest men every where.
Mr. MORTON enforced this proposition
at length and then said: To the man who
loaned this money to the Government to
carry on the war for the "suppression of the
rebellion, r am grateful. Whatever may
have been his motives, he was'. a public
benefactor and entitled to the thanks of
the nation. To,hini the Government must
keep faith, whatever that faith may be.
Bat while our creditors should receive all
they are entitled to in law and equity, It is
not 'bad faith to improve the condition of
the balance of the people.
He then combatted the recommendation
of the Secretary of the Treasury for con
traction, the result of a misapprehension of
the causes which depreciate paper cur
renew, and argued that the legalization of
specific contracts to be executed, In Mill
would result in evils and hardships, and
could not appreciate the value of the cur
rency any more than common contracts for
future delivery in, gold.
He also controverted the other recom
mendationse of the Secretary for the fixing
of a time when United States notes slyall
cease to be legal, tenders, / except for gov
ernment dues, as an act of repudiation,
which does not differ in principle from the
propoiltion of the 'President. to apply the
payment of the interest to the.extinguish
merit of the.-bonded debt. When the
greenbacks have been brought to par and
the government stands ready to redeem
them, then, and not till then, can their legal
tender charactey be taken away without
repudiation.
Alluding to the Supreme Court; he said:
If they have any doubts on the question
'whether greenbacks are legal tender, they
should be cast in favor of the legialation of.
Congress. ,The Supreme Court should be
Something more than tho rigid expounder
of statutes Or collector of precedents, and
should view such questions as statesmen as
Wall as lawyers. 'H. e had full faith in the
learning, ability and patriotism of that au
gnst tribunal, and believed it would not
render a decisiOn until the question has
been viewed in ell its,. bearings and Gongs
quenees.
To return'to specie payments without a
crash, is the-great desideratum, and this
can only be done by making the process
gradual. Time is a necessary element, and
the first question to be considered is the' I
period which should be fixed by the Gov
ernment to begin the redemption:of green
back notes, and in my bill I have ,stated
the Ist of July, 1871. Fixing the tithe
must be the starting point of any plan
which proposes to bring about resumptina
- without a crash and disaster.
In proposing to give two years and a•half
to begin the work of redemption, I heve
several objects in view.
First. By establishing the period of
redemption, a Aixelit value is given green-
ME
MENA
PITTSBURGH ! TIT UHS D
back notes; now the gold value is
fliirituating and deceptive, sometimes
varying as much as ten per cent. in
sixty days, and scarcely ever remain
miningthe same " for a week at a time; but
1
by fixing time for its redemption, a cer
tain vain is givdn it. If a note is• to be
paid in g ld on the first of ,July, 7871, its
value, tO-day can, be determined ,by the
ordinarY rules of discount, arid will stead
ily iraProve as the time for its redemption
i
r
' "approaches , and `other preparations being
properly made; it will be at ott or before
the day fixed for redemption by gradual
appreciation. %BY fixing a time of. oxlemp
bon one chief element in the value of all.
commercial paper is gained, that of wtainty
"in tithe of payment. , •
Second. - By fixing .the period of re
demption the country is notified and
may, be „prepared for ,the..change. , Peo
ple Will '?have. it in view id =making new
contracts And arrangements in , business;
debtors fearing'a dedihein pleas of prop
erty will hasten to pay theirdebto during
.41118.tw0 and a : . half, yeara; the , great body
'3l*. , existing dehts among the' people will be
paid;' the debtii now contracted, hot
falling due before two years and a half, are
very small and -generally, for real estate.
The • great difficulty generally attending
improyementii in the - value of the curren
cy, in the resumption of specie payments,
where they have-"been suspended, is the
reduction in the nominal prices of property
and labor, which operates injuriously on
the debtor class, It is title, as the pur
chasing power of the currency is increased
the nominal prices of property are' dimin
ished; but this effect Is sometimes Counter
acted by the increase in' the volume of the
curiency. The inflation of the currency,
even_ though it be composed of
geld and silver exclusively, increases
the nominal price of property, of which
we ; have a notable instance in the history of
Spain. When resumption takes place, all
gold and silver wililie set free and poured
into the volume, of the currency, thereby
inflating it ta a considerable extent, causing
the whole amount of gold and silver to be
very much greater than the whole amount
of greenbacks th4t. will be ; presented for re.
deuiption . _ . ' ;
But, as efore stated, the piriod of re
deMption is' postponed so long that the
great body of the existing debt will be paid
before it arrives, and the declension in the
price of propertY, which is likely to be
small, would effect but a very limited
class and scarcely reach the general best
ness of the country. The time given is ,so
long it :will - become stale in' the public
mind, all excitement and panic will pass
away, and the change come and go so'grad.
nally that the people will at least have for
gotten it when it arrives.
Third. By fixing the period of -redemp
tion so far off, the Government will have
time to collect the amount of gold neces-
Morton explained the remaining per- .
dons of his bill. He estimates the gold and ,
silver in the country at four hundred mil
lions, the pioduct of the mines for the year
'ending June"3oth; 1869, at seventy-five mil;
lions, and after that one hundred millions.
per annum. But the amount of gold in the
country is ;by no means so important as
may be supposed. When the . greenbacks_
begin to appreciate in value, our bonds will
inevitably advance along with them. It
will be a very easy tnatter for the Govern
ment then to procure enough gold abroad
twits hands, added to that , which .18 ru the
Treasury, to redeem the whole greenback
circulation.
He concluded as " follows: The currency
is not redundant. as.l have before under
takenle show, and contraction shoUld not
come this side of repudiation; and only by
an actor redetnjition. The green beck notes
redeemed may be cancelled. and the coin
paid out for them will_take their place in
the circulation. The currency will becothe
:nixed; the volume will not bediminished.
Bringing the, greenbeek notes to par will
set free all the gold and silver in *.the land
and pour them into the volume of curren
cy,• thus inflating it, but the inflation will
be legitimate.
. The National banking. system' should be
made free, limited or restrained by the re- .
quirt:if:nerd of redeeming their notes in
coin. Then there will be one currency for
all the` peoPle and--One man's- incerne—will,
be., eq ual to another's of like amount;-thenour boifdiclifiving •kept - pace 'with the ap.
Predation of the currency, will be at par
and their disastrous flow to Europe will be
-
checked; then the goirernment can sell Bev
en,per emit. bonds in the market at par,
and with the proceeds pay off the present
•bonds, if holders refuse to exchange them,
and thus reduce the aggregate interest on
the debt more than forty millions per an
num; then the business of the country will
be upon soli d foundations and its prosperity
enduring. _
At the end of two years reconstruction
will in all probability have taken place;
the blessings of peace will.prevail through
out ,the land. '
the prosperity of the South
in great part restored, and cotton; though
nevermore called king. will play its former
part in our foreign exchanges. After the
ocean has been swept by the-angry tem
pests that have engulfed gallant fleets and
strewed the shore with the wrecks and
bodies of the dead, comes ,a.. calm; the
the mountain waves sink to gentle billows.
the fierce gale hills to a prosprous breeze,
the suirshines forth in, splen dor and sur
viving mariners with joyful hearts again
spread their sails, resume their course
and speed away to their distant haven.
So with our country, when peace, recon
struction and resumption ha e come. It
has been swept and cut b y the storms
of civil war; the land wash strewn by
the dead and every wherd are visible
the ~vestagesof the conflict; but peace
has Come, and with it reconstruction; the
bright aurrof prosperity shines forth in a
cloudless sky; industry, beside commerce,
again flow in their accustomed channel
with accelerated currents: the tido of emi
gration, rising higher and higher, sweeps
across from the old world; the Wilderness of
the west yields up its golden treasures and
blossoms as the rose, and our country
moves on gloriously to its great and final
destiny • •
•At the conclusion of his speech, Mr...
MORTON moved to refer his bill tp the
Finance Committee, which was done.
On motion of Mr. CATTELL the Senate
took up. the resolution-xeported by the
Finance Committee expressing the Senate's
4isapproval of the financial views of the
Fresidentoaxpressed in his message.
Mr. - DAVIS offered a substitute, which
he afterwards withdrew, declaring the.
measure , of liability of the government
upon its bonds!te he their value in coin at
the dates of issue. with interest thereon. •
Mr. HENDRICKS. thoughti the right
way for the Senate to express its disappro
bation of the President's views Was by re
fusing to legislate according to his recom
mendation, and not by a resolution of cen
sure. He offered the following as a sub
ittlttite- for the risolution:
• Reto/ved. That the Senate cordially en
dorse 'the sentiments in the President's
message, that our nationalcredit should be
sacredly observed, and declare that the
public debt should be 'paid as rapidly as
practicable, exadly in
_accordance with the,
terms of the contract under which the sev
eral loans were made,, and that when the
obligations of the Government do not ex
pressly state upon their face '
or the law un
der which they were issued does not pro-
Vide that they shall be paid in coin, they
MEM
Y, 11E0FAIBER 17, 1868
might byright and justice to hd paid in the
lawful money of the United States. -
After discussion the substitute was lost
—7 against 44. 1
Messrs. BUCKALEW and SAULSBURY
oppc•sed 'the original resolution, and Mr.
HOWARD supported it.'
Without 'a vote 'thereon the Senate ad
jof rued. 1
,:- -.....ct---. ~
HOUSE OF REPRESENTAT/VES.
, . ,
Mi. ROBINSON offered a preamble and
resolution on the subject of imprisonment
'iraridnd of Americans: . -
. ~..
--..
, , ,
u
- Mr: BiNGHAM said he would - 'object n
less the resolutions be referred to the Com- ,
~., _
mittee orilnieigri - Affalis.•-''
Mr. ROBINSON withdrew the resolution.,
Mr. ELIOT introduced a bill prohibiting
the carriage as freight in passenger vessels
of nitro-glycerine, petiolensa, or other ex
ploiden atilettandes. , '4l4ferred to the Corn-:
mitten on • Minnie / roe.
Mr. PAINE, from Committtee on Recon
strugtion; reported a bill to relieve from
legal and political disabilities about a
dozen citizens of South Carolina recentlY
elected td,office, which was,' on motion .of
IIdr. , .RARNSWORTH, amended byadding
Jett C. Senter, Lieutenant . Governor, of
Te essee, and. passed.
Mr: PAINE also reported-a bill to repeal
the sixth, section of the army appropriation
bilnif hfirch 2d," 167, which prohibits the
organization and maintenance of militia in
the late rebel States, so far as it applies to'
North Carolina, South Carolina, Florida,
Alabama and Louisiana.
Mr. ELDRIDGE inquired why Georgia
Wa§ left eut? .
, .
was
'Mn PAINE replied that e w not sure
Mit he should be in favor of admitting
Georgia, but' there was an inquiry going on
betore Congress as to the condition of that
State, which made it Questionable whethex
this bill should be eitended to it now.
• The bill passed. /
Mr. SCHENCK, from the Committee on
Ways and Means, reported a bill to amend
the eighteenth section of the Internal Rev
enue bill of July 20, 1868, by extending
the time fixed therein from the first of Jan.
troy, 1869. to the 16th of February, 1869, so
that the sections will provide that after the
16th of-February, 1869, allsmoking and fine
chewing tobacco or snuff , shall be
deemed as having been manufactured after
the passage of the bill.
The bill passed. • •
Mr. LAWRENCE, of Ohio, offereda-res
olution calling on the heads-a - thelvariona
departments for reports as to the deduction
that can be made In the number. of em
ployes. •
Mr. WASHBURNE, of Illinois, offered a
resolution requesting the President to trans
mit to the House the r'port of the Special
Commisaioners to examine into the work
of the Union Pacific Railroad, Ac t 'Adopted.
Mr. DAWES. from the Committee on
Elections, reported a bill adding registers
in bankruptcy to the officers designated by
law for taking testimony in contested elec
tion cases. -Passed.
- Mr. JULIAN asked leave to :offer a prier
amble and resolution, reciting :that bun
dreije of persona are still held in slavery in
Kentlicky, and 'instructing the Judiciary
Committee, to inquire into the expediency
of,proyiding by law for the appolutrnentof
:United States Commissioners -in Kentucky
to hear and determine applications in cases
Anyelving illetaridaveholding. 2 - •
tßijeetioli was niade •by Mesits. BECK'
and TRIMBLE, ,of Kentucky, on the
ground that the allegations in the.pream-
W - e were untrue.
Mr. PAINE offered's resolution instruct
, ing the Committee oh Banking to inquire
1 into the propriety,of reporting a bill pro
hibiting; under severe penalties, any Na.'
tional Bank from certifying any check un
less the maker has on deposit the funds ne
cesliary to meet it. ' Adopted.
Mr. °NEILL introduced a bill givingthe
consent of the United States for toe 'tree
tioil of, a bridge across the Delaware river,
between Philadelphia and Camden. Re
ferred to Committee on Commerce.
Mr. VAN WYCK introduced a bill sub.
jeering oompounders of, liquors to the same
- provisions as reetitiers, and providing that
ncreqmpoundlug establishment shall oe 111-
_, lewiermititin six., hund,red feet of a dis
tifiery.Refaireid to'COmmittee on Ways
and Means. ~ • -
Mr. CLARK, of Kansas. asked leave to
oiler a resolution, directing that public
lands diseficum berad of Indian titles should
be opened to settlement under existing
laws, or under such regulations as Congresa
may prescribe, and that their sale to• carp();
'rations rind speculators by treaty stipula
tion is contrary to sounitPUblio policy and
in derogation of the rights of the people.
Mr. MAYNARD objected, remarking he
did not see any good reenlist° be obtained.
Mr. MUNUEN offered a resolution of in
quiry relative to the arrest of Americans in
Paraguay. 'Referred to. the Committee on
Foreign Affairs. ' -
L Mr. DRIGGS intrtinced, a bill to more
effectually 'provide provide relief for claimants
under the convention between the United
States and Venezuela. Referred to the
Committee on Foreign Affairs.
Mr. JONES, of Kentucky, offered the fol
lowing,.aud moved the previous question :
Resolved, Thin all females in the employ
ment of the Government be allowed equal
pay when they, perform _like services with
males.,
The previous question' Was seconded, the
main question ordered, and the resolution
adopted-Iz3 yeas against 27 nays., .
Mr. BINGLIAM. introduced a bill to in
corporate the University for the Blind in
the District ofeolumbia. Referred to Com
mittee on District of Columbia. •
Mr. JULIAN Offered a resolutlpn in
structing the Judiciary Connnittee to in
quire into the expediency of enacting a
Uougressioind registry law for Territories.
Adopted.
The dr.E.I.KER stated that he. was in
fortued that %trutorruw, after- the reading
of the journal, the • death of Mr. Stevens
'would ue unuuuuced by his successor, Mr.
Dickey, mud that eighteen , gentlemen de,
sired to the entire day would be
occupied in t hat, way. .It was alai) the, in- .
tent hm, on IrrhAuy, at halt-past twelve, to
annpunt.b. , the ileatit of Mr. Finney, by hi s
successor, fir. Vottiii. •
41.'he,SPEAli4lit presented a communica-
Mon from the Secretary of the TreasurY,
with a copy of --a. bill 'for the coinage of
nickel copper pieces of five cents and un
der. Referred to Committtee on Coinage.
Also, -a Message from the President,.With
a letter Iron' tile Secretary of State, in
ply to resolutions of Inquiry us to sending
a,Cinuntlasion.tr- to Spain.
Mr. Seward imeyti nn Commissioner . has
recently ben sant to Spain by the EXt3cll.•
titre. I;eferrud. r.
Mr, V,T.A.SIi 131.T.13,NE suggested that when
the {loose ady.,llrned on londay, it adjourn.
until,M'onds . , , , , witli the understanding that
no liusjoew;svilt be done on that day..
tni4:6iicm ;ca:, made.
The- 5pt , . 61,7( , )• not 'expecting to be in the
city on •Montl:yi, got authority to appnitit'a:
Sporiker pro ton for that day.
kJ . •
l'enasyt vaunt State Debt..
tlty molt r o tut itttabarial 0.2;e%te,3
I)en' - ember 16.--Governor
it , st!A(l a proelaination annoutte•
IN :kat i.lit •.,tate debt of Pennaylvania has
two million four hundred
tc , ( , )! . I ,qlara during the past year.
EZIRE
-,
-.~~~~
1111110
votat, cncout)cirL.A..
ImPdrfect, .Tranquilit, in Spain
—Leaders Pledged to Avrait.the
Action of the Cortez—Pairs:pent
of tkeAnierteltnitebfinqreen.
backs Considered yet an Open
•-
Question -- ItLinister; , iteverdy
Johnson Contifdeto Peace ulth
England Certain- 1 -7kb Ultima
_
turn of Turkey to Grebes-Hu
mor that Grireeers lias Tie!did
-Fends Alum*, Troops in Italy
in the Puntilicailiervite—Ans
trio -Cautioned by France and
England.
(By Telegraph tothe"gittgbtxrgh Gazette.]
MADRIDO:OeCettIbOr 15.—Matters are not
perfectly tranquil. The . Governiaent t re
caving congratulations.from the provinces
on there-establishmentk of 19:W *and order
at Cadit„. - • • - -
• 'Cnanz; December 16.--The_ igrith
Gen. Dulce on board, sailed• yesterday for
Cuba.
MADRID, Dec. l&—The leaders of all the
political parties have united in makings
solemn pledgeto use all their influence to
preserve peace and order through6tit the
country tintil the Constituent Corlett WA
met and settled the questions atisinie. The
prompt stipPression - of the rev . It de Cadiz
has greatly strengthened the handsVf the
orovisional government and dissipated
the alarm which previously prevailed.
The Minister of Finance has already corn
menCed the payment of the Jakuary inter
est on the public debt in London and FarES.
The subscriptions to the new loan have
beeri closed. They amount toMVOO,OOO
Reels. -.
is officially announced that, the elec
tion of. Cuba n. Deputies to the Cortes will
be held immediately after the arrival of
Captain• General Dulce at Havana.
- PARIS, December 16.—The following of
ficial news from Spain, is published here:
"The country is entirely tranquil, and ad
dresses Intended for the heads of depart
ments In the provinces will not be for
warded."
LONDON, December 16 —A letter from
Reverdv Johnson to the London Working
metes Society jut; ides the friendly inter
course with Laird and other friends of the
Southern States; by the examples-of Grant's
and Sherman's treatment, of, xebel.mflicers.
.1f he is`guilty of l treason,. so is Grant and
She , mart. General Grant-has - entertained
at his riven bona° disiingtilthed rebel lea
der. He ascribes the attacks upon-him in
the American newspapers to -a secret dis,
like for the' preserirstion of peacell.ll rela
lions between England -azul, the United
-states.-
' • Lottnolr,'Dlioti'mber 18.-:-"The „milky Fete=''
grapyn a leader on The financial' portion
of •President Johnson's , message, andits•
treatment by Congress, complains that the
resolutions condemning - repudiation which
have,been Calledlorth by the•zneeisaire still
leave open the question of, the, payment of•
the national debt in greenbacks.
John Stuart Mill has written a letter on
the result of the recent" electionsi He as
cribes the defeat of the •Workingmen's can
didates to the heavy expense of the canvass
as now conducted: - As a remedy for this
evil he urges the government to pay the
necessary expenditures and:make all other
OntlaY penal. ,
Mr. Johnson,' 'American Minister, in a
short speech at the anniversary of the
French Hospital, declared that Lord Clar
endon Was of the same tnind'as Lord Stan
ley in regard to the settlement of thequeso
tions pending between England and Amer
ica, and peace betiveen the'two countries
was certain: ' -
. The ultimatum addressed by the Sub
lime Porte to the Government at Athens,'
demands the disbandment df the volmateer
forcealn Greece within five days, the pro-.
hibition of further volunteering, the imme
diate dismantling of vessels, used for con
veying supplies to the Cretans, the restora
tion of Cretan refugees to the Island,. the
punishment of the persons who assaulted
and wounded a Turkish officer sit 'Syria.
and strict conformity with the terms of all
treaties.
It is rumored in Paris that the Greek'
Government, presied by the Great Power:
ere. has yielded to the demands of the
Sultan, but none of the French papers to
day allude to such concession. The Mold-,
teur says all the European
,powers recent/
mend King George to respect the rights of
nations, but they insist upon moderation
in Constantinople as well As in Athens.
The.Molliteur th in k s this harmony of coun—
cils among the powers Is a pledge of peace,
in the East.
• .
FLORENCE, December ls.—At a popular
meeling held here it was resolved to send ,
deputations to the Senate and Chamber of
Deputieswith petitions requesting the inter
vention of the Milian Government to isavb
the lives. of A. Gano and Luzzi, veni,),a re
condemned to death at Rome: Great ani
mosity exists in Home, between the native
and foreign born troops in the Pon.titical
service. Two more trials are to talc% place
next xveek, and both defendants wilt; KO
abl . be sentenced to death.
LONDON, December 15.—1 t • is 'reported,
that the representatives of Fr,tnce and'
England at Vienna have been instructed to,
represent to the AuStriatt Government the
dangers that may, result to the peace of
Europe from .its, attitude on I,he Eastern
ciestiou.. The recall of the AI Astrian am
bassador 'at Constantinople bas been the
result of their representation' a.
GERMANY.:; , ':
SONDERBIJMN December U.—Orders have
been received from the PrlAssitm Gavern
ment hir the completion of ;permanent fors
tiflcations at Sonderburg wad Duppell.
• ..
FINANCIAL AN LiCiiMmEitezAL.
LONDON; December 1 .0--Evening.--Clou•
sole for money 92%; aciptints 92%. Ponds
74%. Erie 27%.;
LtrEnrciot., Deceml.ier 10.-Cotton quiet;
sales of 10,000. bale,N . middling uplands
105‘d.; ...Orleans 1090. Breadatuffs dull.
Petroleum:firmer; refined Is. 73 d. Cheese
Mc.. Bacon firmer ; ' at 13a. Cid., Other arti
cles unchanged.
LONDON, Decernber la.—Sperm 011 £93.
Calcutta Linseed 57@6Ts. ad. Sugar firm.'
Spirits Turpentine 28s. 3d. Tallow 40s. 6d.
flAynn, Dectimber 16.—Caton quiet.
Potts, Dee. 16.—The Bourse has been
buoyant and excited. Rentea rime to 70u
franca '7O centimes, but after the close of
the Bourse there was a partial reaction and
they fell to 70 francs 55 centimes.
t .
rFRO2,4 EUROPE.
SPAIN.
E=S29
GREAT .BRITAIIN.
ITALY.
AVSTRLA.
FROM WASHINGTON.
1.
LBy T;egtapb totbe Pittaburiii Gazette.)
WASHINGTON, / DeCClll6er 16, 1868.
BECONSTICUCTION BusamisS. •
The Conandttee on Deconstruction today
further elyunined witnesses as to affairs hr
Alississippl, and also Gov. Buhock relating
to tuTaire in Georgia.
NOZ.AVSYN. S.
• The President nominated to' the Senate
this afternoon J. 5. Marks as Colleator of
Customs, for Philadelphia, in plass of Cake,
to lie reniored; Simnel T. Cooper, Marshal
for Vasconsin; .John P. O'Neill, Attorney,
for tiie - Eastern District of Pennsylvania-
J. S. CrOwland,- Marshal for Western Dis
trict ofArkansas;PeterP. BQiie . r Ftratmas.
ter, Port , Wayne, Md.; Walter M. Small
wood,-, Postmaster ibr New „Orlearm, vice
Tallafero. , • .
.corzzoron• - solumxptoi
wes tp-day -risiminated as
Collector of the Sixth lowa Dlitrict.
NEW:YORK CITY.
tßy Tele!inkoll to the Plitt-burgh Gazet
NEW Yong, December ld, 18E3.. •
In the case of Whilply 3+13. Erie. Railway
'Confpany, Which vras•argued at great length
before Judge Nelson arcouple weeks ago,
on motion to vacate Judge Blatchford's
order appointing Jay Gould Reoelver, and
on motion to. make Belmont and. Lucke
parties the suit, Judge Nelson in an
elaborate opinion ducides thatlielmont and
Lucke shall be perm &tett to- join as parties
to theault, that the linjuncition be diesolved,
and the order appoh Wog a Receiver by the
Judge in , the United States . Court Cham
bers be vacated and net aside. The decision
virtually leaves the Central part.of the road
in the hands of the .Directors„pensling the
decision of Judge' Ca rdeze in the matter of
appointing Judge Davies Reeelver.
- .1 40 , Nan hes a;ruinor that the Brie direc
tors are pieparing to construct a tunnel' -
under the 'Hudson river at au4stimated
coat of. Over three millions;;-: -
Report says S. N. - Pike is. to build.a new
opera house-at the intersection of Broad
way, Slath avenue end 'nifty-fourth street.
BRIEF TELE9,BASS.
—W. L. Boggs, a prominent merchant' of
Philadelphia, died yesterday.
—Francis Doyle was killed at Baldivin's
loeosnotivis Nvorks t Philadelphia,.. on Mon
day..
—Judge TliontaeS. Chalsor,. formerly of
Petersburg, 'Va.., died suddenly at 'Savan
nah, Ga.; on. Monday. . •
—The Piesddent has. ordered. the-last in
stallment of boncls.to be handed over to the
Union Piciftc Railroad ,
—The danghter of Hon. H. S. Bundy, of
Hamden, Ghia, was-killed on the 15th• by
being, thrown from a horse.
—Of 23,545. emigrants who, arrived in
Canada dur - '-'ng the past season, 19,734.
Passed thronila the western States..
- :."--Arratigeinents have-been made-for- the
completion cif, the -.Leavenworth and Des
moinealtailreed:from Leavenworth to. Chi--
Dr: ~Fenwlak ; one'of t he .ririncipal
gdiS,„han been ;com
mitted- for mai ona arse = or - eonittatimb i - -
a rape on a girl sisteett years old: •
It • ,
lies - peeled: that Whalen will get a
• new :trial and the Venue - be changed, so
that I.he trial will take place at Toronto or
in or ie,of the county towns near it.
. • , •
'lo T. Deweese,. Bapreseritittlye in
Con gress from North Carolina, has bean in
dict ed for a violation. of the Postofacelaws
ands abuse of the franking privilege. • •
•
- Jibe elastic. rooting establishment of
Gatchell,.on Linn street, Cineinnati,. was
en tirely consumed by fire yesterday Morn
in g. Loss,4l3o,DoQ; insurance, flOMNik
Alai • bon, sprinter of Louisville,
li:y., bits fallen heir to eight thousand
r ,ounds sterling bequeathed to. hint by, a de
r kased relative at Manchester, Engbind.
--Three bodies ware reccivered from the
Wreck Of the 'United States at riorence, In
diana, on Tuesday. One of them is believed
to be Lew-EL. Vance, of Madison,,lndiana.
—While timing, to navigate the ice boA
through the Delaware and Raritan canal on
Wednesday, below Trenton, N. J. five
men, workmen on, the boat, were drowned.
-W.-Cozad, of lowa, won artuming match
in 'New:York, Tuesday, for two thousand
dollaritagainst F. Terry,' distance seventy
yasds. Cozad tson by three feet; time 7 . y.‘ '
seconds.
John KetselLwas murdered and robbed
in Philadelphia; on Sunday;night. last: Ho
Was found in= the street in an insensible.
condition, and was taken Ito• , a hospital,
where he died on Monday. •
—The New Tork EferaUsays there is no
need•of apprehension from the reports rela-
tiVe the action of the Supreme Court on
-the legal tender act, as the higher law of
, public necessity , and public welfare will
govern the matter.
—Sadly Andersen, sentenced to death at
Richmond, 'Va., for arson, but discharged
last Saturday by Yudge Underwood on the
ground of the Illegality of the court trying
her under the fourteenth amendment; has
been rearrested by order of the Mayo;.
•
,
—The bodies of the Reno brothers, hung •
-
at New Albany, _lndiana, have been deity
ered.to their friends, and taken to Seymour
for interment. The remains of Anderson.
were buried by the county authoritioe. He.
was at one time mate. of, the steamboats Louisville. •
-.Markets by Telegraph.
NEisr Oto.p.a.us, December 18.--Cotton.
stiffer; middlings 113a2310; sales 7,150 bales;
receipts 3.0914 exports 5,345. Flour firm; •
superfine f7,10a7.12; double extra F7,54:4.
treble extra $7,75a8,00. Corn in good de.
mend at 78a80o. Oats anti at 64c...t1ay firm,
at 8240.5: no prime - or choicest (awing.
'Pork dial at 827250327,75. Bacon; stock light; shoulders ISgal334c; clear' rib 18Xa,
183;0; clear sides 19}6e. Sugar Chredßams
15ablo. Lard; tierce 17a17j0; kt/g, 12c. -
sugar active; commonNa9Xo; prima
12340; yellow clarifled- - 12a125fe. Molasies
active and advancedi common 50855 c; Primo
60a620; choice 64a650. whisky , $1,120,17.
Coffee unchanged.
BrPPALO, December 16.--no Flour mar.
ket is steady and, sales are. seportediff 800
bbla at Fa 7,50 for city Eputtd sping , 4B,23
for Minnesota spring. Wheat inactive and
held at $1,50 for .No. 2 Chimp - spill:4. Corn
Is lower; sales in oar - iota of new 'et We; old
brought 11,00; the former cn track, the lat
ter in store. ' Oats. atwnorainal at 68o: Rye;
sales are reported of thiewears on private w.
terms.; Pork, $26 for heavy.. Lard. 1 € 4170 .
Barley is in bettur denims:l; sales 1,50013u5h-
Canadian at 1,2. / 'Highwines, $l.
SAN' Fneittlsco, December 16. - -Flour
dull at 84,75115,75. Wheat; sales of good 4o
Choice at,fl 80a1 85. Legal 'Tende , .., 74.
, .
~ . .
"uvAGO. December 10 Even ing.
the evening board No. 2 wb.:(at sold at
$ 1 ;1535. Nothing doing in_Corn or Oita. t;
NASHVILLE, December lo.—Cotton
mar
ket firmer; low middlings/ 22C; good oriß‘
nary 21Xe. ° /