Indiana State Sentinel, Volume 23, Number 28, Indianapolis, Marion County, 27 January 1874 — Page 7

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THE INDIANA STATE SENTINEL TUESDAY, JANUARY 27, 1874.

He said "no," und as he wentoutof tbe door his latizhter suited him If he would be back to dinner. I think he Raid,"! don't know." When he left e walked on abnd of um, not particularly rapid, but more bo, I thoÜKht, than usual. I aw him r-nch aronnd in hi bip pocket and then put something In his outside coal pocket. H. Ild 70a get an opportunity to see what It A. No,!r. I saw something that flashed In the an ltht; it had a metallc surface: it gllstn.d. Ilearew ltout and pat it in his right hand overo at pocket. o. Which direction did he go from there? A. When ho left the gate he walked U la ona'ly aorow the street to the northwest corner. Trees and I walked up on the east side of the (i. Irtd 70a see him after he lurned the orner? . A. 1 mw him when be stepped In the, bante. I think Trees and I were standing together at the rossina r the street. It was out in the street a Utile bit. Mr. Tre was with me at tb tirr Mr. Hlltwwll entered the office.' WLea Colonel Ktilwell put his hands In bin trowseri' pocket, Mr. Trees remarked tome, 'MY OOD, III 13 OOI-VO OVKR TO 8HOOT CORWIN. His friends have been afraid of this ever since this trouble began," or something to that effect. Mr. Ktilwell was on the went side of the middle f the street before he reached the corner. Mr. Trees and myself were probably forty or fifty feet from him. i. IMd Mr. Trees make any effort to go after Mr. Stil well r A. He told me that he would go over and stop th Colonel, bat he made no steps In that directs n. I told him I would not do It. He had ro idea he was going to do it. 1 don't know how far be went pnst the door goIne woi, and turned back. He went Into the ottice. oneniuif the door with his left hand.

Q. Where were you and Mr. Trees standing when von heard the Bhot. A. Nearly in the middle of the street. Mr. Trees walked toward ttie bank after the shot was Cred. I did not no In that direction. frosf-ex&mined. i don't think he (Mr. Trees) went to the more at first. AsMr.Htilwell left the house 1 didn't know what came over him. Jn steaklng to his wife It struck me that his man ner hud changed somewhat since the conversa tion. He answered bis wilt rather rougniy wnen h i-al-4 "no." read to htm what appeared Jn the Journal the next morning, and nothlnz e!e. The dispatch t tbe Cincinnati Commercial was not read. Mr. Stilwdl rot on the sidewalk before he lift the corner. Q. IMdn't the circumstances a good deal ex!trf j no at the timer A. I wan somewhat excited ; waä sicker than anvthintt else: don't know what took place in tue hink onlv from hear sav: didn't goto the birk im edlately after the Khootinu; went down there about fifteen minutes afterwards, W hen Mr. Trees went to the bank, 1 walked over to Ma or Wi'dman'sofflce. Q. At what point did Trees leave you when he weut toward tue ban kr A. We were In the middle of the street, think the street crossing the one leading pst Uorvin ' ones. P.D. MADARA. TXs'.de In this elty: have lived here between seven or elzht years; am a shoe maker y trade; wai acquainted with Colonel Stilwell In his liletime; was a!w acquainted with Mr. Corwin. The witness testified: Dr. Span and myself were on the street a little north of the national bank the latpart of the previous week. We were talking tother on a nbjeot f our own. when Coloael ktilwell cam up to us. We dropped our subject. II had stepped In between us, forming a kind of anale. I a-ked him if he knew of his ln--diciment. I hw that he was considerably etat down, i paid : "Co'onel, how do you feet this morning?" He said: "I feel all right: but." says he, -thearand Jury has found an indictment steinst me for embezzlement And it appears they are Koinn to push me to the wall" or words to ' that effect. He then made the remark that he had a notion to est himself no to the sticking point and eo home and load the shot gun and hoot the damued son of a bitch. He mentionel no names. Tkat was the whole conversation The court then adjourned to half-past one 'clock. THBT WIRB TRTINO TO ISDICT HIM For a suspension of the bank ; that Corwin was i the head of the whole of It, and he had a notion to go over and kill him. I think this was Thursday before he was indicted. I told him that It was the last thlnz he ought to talk about. He diJn't make any reply to it. He was then I think intoxicated. Mr. W. R. Myers was called to the witness stand and was examined, but did not divulge anything of value to either side of tbecase. He ai t not recollect of hearing Mr. ailwoll making any threats. Joseph Pen t9 'estlfled: reside about a mile from the c'ty. I tbtnk It was last rYiday a week 1 met M r. mil well Inside or tne pabllo qnare. aid. loin, bow are you to-day 7 lie a id, "my grief is to re than I can bear; the bank bursting was a great trouble, and some of my friends are trying to ruin me. Tnenne said he held uor win and Jones. Then he said i d d d If be didn't kill Corwin. Then he turned kind o round and said be, "I will shoot him," That wan aVoutall. He was very much, down; be 4M n't look natural; he looked kind o' wild; he aid ms'irouDie was more man necouia Dear. At the eloe of this Mr. Harrison Bald the de fense would rest the case there, and announced the dose of the testimony for the prisoner. The Mate called up some rebutting witnesses to testify In reference to the contradictory testl mony of Mr. Trees and Mr. Hal ford In reference to the place where Mr. Trees Raid: "Sly God Uli well has shot Corwin," or, is going to shoot li rain," e'o. Knos B. Wright waa first called, and testified fV-Klde In I he city. I wai in Mr. Tre-' store when the encounter between Colonel Ktilwell and Mr. Corwin took p ace. I saw Mr. Trees at the north Kid of the entrance; he was rather lAanln against tne Iran ra-.llng. The nrst tnlng I noticed, he threw ap nis liana aud aald, "MY OOD, 6TILWELL HAS SHOT CORWIN," Or Corwin has shot 8tilwell, or something of that kind. 1 would net Bay positively what the exact words were; wnon the north side of the center of the more at the time. 1 did not knew 'where tbe shooting was done. I think there was Nome other p-raoo thre with Mr. TretM at the time. I couldn't see the office without going uf of the store. Mix Ad. Kinher fesld. Live a Anderson ; was at Mr. Tre' store when Mr. Htllwell was hot; saw Mr. Halford and Trees at the door. I was standing at tbe stove, which is in the center of the tcre. The store Is H4VJ feet long. I could aee thronfch the garments hanging up In the how window. Mr. Tree vas at tbe Dorih side of the building with Mr. II al ford. I couldn't hear what was said, but saw Mr. Treu afterward olng over toward thebajik. Major Gordon then, on the part of the state, aid that tbey wonld let the ca&e rest upon the testimony Juet addoced. The court then adjourned over to this morning. Tbe defense will probably ealt Mr. Ilalfbrd again to tke witness chair to-morrow, which will no doubt conclude the examination of witness. The arguments of the attorneys will tnen be made, bat the decision of the Justice will not likely be made for several days yet, in order to give him time to take the matter thoroughly under advisement. B. J. O. Ctoatlansden Fourth Pace. TEE COAL STRIKE. Tim Zlm MEKTINO AT 'WILKEMBARRQ A MIX KB OOCSSBL A MIDDLE COURSE MKN WOLI50 TO WGKK FOR TUB BASIS OF 1873. Wilkeäb arrk, Pa., Jan. 21. A maas rxiccting of iminors was held here to day, and the work organization continued. Jost be- . fire the meeting adjourned, a miner of the Wilkesbarre coal and iron company sal J that great disafTfCt ion exisU'd among; the miners ot that mipany who were without work, auaed by the employment ot 800 men to fight the lire in the Empire mine, and the nun payment bv the company, as yet, for December. He Maid thit there was an agree inent between the miners of that company that if the wages due for the month' work were not ptd uetweeo iLelolh and 20ch of tha following month, they should not work until they were paid. He then made a motion that a demand be made upon Parrish f.r payment between this an J Saturdty, the24:h inst.. which wai unanimously carried The failure of the company to pay by .that time will be lollow! either by h refusal of the men who are fiphtlrg the fire to continue, or else an open rupture. Ixttween theta and m-'-. who are idle. It is now pretty Rene l ally conceded that the miners will not btand out for tbe advance aome days ago demanded, and also that tbey will not submit to any reduction, but are w'.liing to resume work at the baa is of 1873, when the corn pmiea are reidy. It was asserted to-day that the miners atthe Newport works wer told yesterday that they might jro to work at once at last year's basis, and that they acoept the terms aud will begin tomorrow. About three hundred men are tnploytd there.

CONGRESS SUMMARY. SENATE. WASUijaTox, Jan. 13. Mr. Ingalls,of Kansas, presented a petition of

the citizens of that state sklng that measures be taken to issue currency based on real klale securities. Inferred. Mr. Bogy, of Missouri, introduced a bill to re imburse Missouri for expenses Incurred in arming and equipping troops during theate war. Keferrtd. Mr. Upragne, of Ithode Island, offered a resolution instructing the committee on public lands to aKCertaln whether the lands grauted by congress to the Atlantic and Paclüc railroad company to aid in the construction of the railroad from wpriDgtleld. Mo., le the I'aclflc ocean, are forfeited, aud whether any legislation is necessary to restore iuch lands to pre-emption aud homestead entry. Aoopivu. Mr. Tli ur man. of Ohio, presented a petition In behalf of W innebago Indians of Wlsconsiu. It sets forth that the tribe is greatly wronged under color of authority of the United S:ates; that lite has been destroyed, and tue in oe isaeprivea 01 liberty and property. - It asks the necowary leg islation for protection. Mr. Thurman said it was not the Intention of the law passed last session to use force to remove thoe Indians under the fourteenth amendment :o the constituuou these Indians were citizens, aud the government had no right to use force to remove them. Atauavus accompaujiuij iu petition show that the Indians have been kiduacwd and carried awav from their homes, lie hoped the matter would receive the sorlous consideration of the Committee on Indian Affairs. The petition was referred to that committee, and aUo the bill for the relief of the Chickasaw In dians. The morning hour having expired, the consideration of the resolution reported by the Finance Committee was lesumed. Mr. Wileht. of Iowa, addreshcd the senate H hd iuiened aitentivelv to get lUht on the I subject, but feared the words bad only darkened hiscour. 1 he chairman 01 me unanco committee, so furious for resumption, isays himself that he ventures no opiuion, nor cjiumits himscli to any theory. Iti one reptct there seemed be entire unanimity among tuese uuauciera, as they ascribe all the troub le to an over dose or currency lü hi J augment our currency hau no more to ao with the monetary derangement than the balauce pole of an acrobat, or a last year's bird nest. He denied that our currenc bad depreciated during the panic. If our currency Is dishonored no, It was techhicully-dishonored a week after Its Issue Was the nation to bo adjudged bankrupt because it failed to pay gold for these notes, one kind of legal tender for another? Kvery particle of property in this vast country Is pledg?d lor the re-demp'lon of these notes, und they are as Sood now as they can be made. The nation had not violated it.s pledge, and there was no trnth in the clamor of Us blighted faith. The real inquiry now Is is it practicable having "duo regard for the rights of bill holders and the interest of the government, to return to apecie paj ment? He thought not, aud dtfied any one to show that the government had departed from the pu est morality. When we have that property and trado whicn all bhould labor for, then that grand fad of specie resump'.iou will b) accomplished. Why all this struggle to GET BACK TO 8PRCIB Tayirents? He had been answered, because It is the world's currency. He thought the world would get over some of iU old notions on this subject. Nations were becoming more intimate with each other, and working together more harmoniously. As this system increased, it would adopt a currency not so cumbersome. He did not favor the substitution of demaud notes for greenbacks. He would have but one paper curreucy. and that Issued directly by the government. The national banks were the organization of necessity and an inquiry now was worthy of attention. If there was no further need of them a suitable time sb uld be given to wind up their affairs. If we could not have one currency ined by the government, then he favored fuil banking with the adoption of the English rule, making stockholders liable to the extent 01 his means. Ills preference though, was for one currency by the covernment, upon which no Interest should be paid, and tbe reception of a certain per centase on those notes by the gov ernment in payment of import duties. Further, be would c haute the form of tbe note aud In stead of making it o promise to pay, would aimply have the denomination stamped upon it. the samd as upon gold and bllver. The people of this country are active and enterprising and need a great vol qui e of currency, sometimes more than at others, especially in the fall and 'winter. In moving crops, etc. Again 4,uOU,'JOO people In tbe south, lately set free, were now engaged in Industrial pursuits and thus the demand lor mouey is increased, lie therefore thought it advisable to have the currency e'asiio with convertible bonds at a small rate of interest, at about three and sixty-five hundredths. He favored a niall rate because the nation was paying too much interest both public and private. No nation had been o much impoverished as ours by the payment of extravagant interest. If we return le specie payment now. we must reflect that our greennacks will be bought up by capl ta lists at a deprecla ed value and held for tbe gold mlllenluin, thus Increasiuir the monetary derangement and crippling biudnetss Nothing shouid be done to contract, but we should go right ahead steadily. If there is a furnace idle encourage it to begin work. If any mechanical agency or industry lsstopped, bid It go to work, and all will be well. In conc.uslon ne denied that the voice of the west was for a resumption of specie payment, and no expan 4ri of orreny. Mr. LiOz.hu, ot Illinois, said It was necessary to relieve the present stringency by placing the currency on a secure basis. He did not oppose an u. lunate return to siecie payment, buicoufcidered sach a return at present impracticable ana unnecessary. He argued that specie payment can not be reached througn forced contraction, wilnont dauger of national bankruptcy. Tbe present amount of ourre&cy is man-it-stly inadequate. The only way to sptwie parmout Is a further contraction. ortlfcirlt.lv proclamation. h.urtber contraotien is impracticable. iKimediate resumption would criiple, il not i Uin every industry. The IMPORTATION OF GOLD Must be greater and exportation lean, before we can consider the question of coin resumpAn increase of currency would not, as has been amrmed by other senators, injure western farm ers. The history of tke last decade has shown that the country has never been In auch a condition of continued prosperity as during tbete years of paper mouey. it would be better that the day of specie payment should be post poned as long as it was La hnalaud atthe com menceibent of tbe present century, than that this country should have to expe rience the disastrous results Incident to forced contraction and resumption. Tbe confidence of the people in our paper currency baa never wavered. In tbedaysof the panie cold full to ltti. The senator tro n Missouri abowed taat the amount of our currency per capita la 18(0 was 14 .SO, and that It is now 119. Tbe lonical result goes even further. In 1350 tbe amount of property per capita was live dollars and twenty-six cents, which Increased to seven ninety-one In 1X70. The same ratio of increase of currency would now require twniy-two dol lars per capita, or a total circulation eight hun dred and nfty millions. The amount of currency d uii nn that ieriod has been Increased but forty eight per centum, wolle the Increase of property has been fllty-twoper centum. A proper supply of currency Is now need, takln as a suitable ratio that rf property to currency as the standard, this amount Is about eight hundred and fifty millions. This amount is needed for active circulation. It would not be In exceas of tbe amount per capita in Great Britain and Krane. The most reliab e recent statistics represent the circulation in France at 130 per caplfa.and in Great Britain at 3ii per capita, which latter is 1U per centum more than is here demanded. The chair laid before the senate a communication from ihe secretary of war, In response to a resolution of that body In regard to an a p propria Ion lor the collection and payment of bounties to colored soldiers and tailors. The letter states that there was an appropriation of röu.OiH). but f-J, remain to conduct tbe buMntsts until June '.). The estimated expenses per month are, at the lowest limit, t-vxti. thereiore nt the end of Apiilthe entire appropriation will have been expended, and unKmi hoiiim provision la made all work will have to stop, and clerks he discharged The Secretary r commends that the unexpended balance of tne appropriation for I he c election and payment of I umlieft lor the flKcal year, ending June a, IST.t, be rendered available to carry on the business until June X74. liefernd to the committee O'j military affalts. 'ihe senate went iulo execut.ve seaolon, and soou after adjourned. HOUSE. Mr. Wilson, of Indiana, moved to suspend the rules and adopt the followlcg resolutions: Whereas, By reason of the present monetary stringency and the insufficiency of tbe amount of circulating inedi'tin, the industry and commercial affairs of tbe country have been greatly depressed ; and Whereas,' By reason of such strlnsrency the revenues of tbe government have been largely diminished, iu oonsequenoe whereof

congress has been asked to Increase taxation to fie amount of 12,000,000; and Whereas, Until the recent panic the reve nues were ample enough to meet the expenses of the government; therefore Resolved, That instead of levying additional taxes tbe true policy lies In tbe enactment of such a law or laws as will relieve such stringency, and supply the means necessary to the business wants of the country by increasing the circulating medium, thereby relieving business, Increasing revenues and thus avoiding the necessity of Increasing the present rates of taxation or duties, or the imposition of additional taxes or duties. Ilesolred, That tbe committee on banking and currency be instructed to prepare and report to the bouse without delay a bill for the purpose expressed in the first resolution, and that said committee have leave to report at any time. Mr. McCray, of Iowa, called for the yeas and nays. Mr. Speer, ot Pennsylvania, inquired whether the question of the consideration could be raised. Mr. Cox, of New York,r anted to offer an amendment, but the speaker informed him that he could not do ao under a motion to

suspend the rule. A vote was taken and resulted yeas, 135; nays, So two-thirds not voting in the affirmative, the resolutions were rejected. Ihe following is tho vote iu detail: Yeas Messrs. Adams, Albright, Arthur, Asher, Averill, Barber, Barrere, Beg3le, B9ll. Barry. Biery. Bland, Blount, Bawen, Bradley, Bright, Brown, Buckner, Bandy, Burrows. Butler of Tennessee, Caine, Cess na. Clarke of Missouri, Clements, Cobb of North Carolina, Cobb of Kansas, CoDurn, Coui!nro. Conger. Cook." Corwin, Chitten den, Crossüeld, Crutchlield, Curtin, Danrortb. Davis, Dobbins, Dannau, Dünnen, Field, Freeman, Glover, Hancock, Harm ol Geonna, Llama of V irstnia, Harrison, Hatcher, Havens, liawiey of Illinois, uays, Hazleton or New Jersey, Herelord, Uoiman, liubbell. Hunter, Hurlbut, Hyde, Jewett, Kelley, Killinger, Knapp, , Lamar, Lamison, Lawrence. Leach. LoÜand, Loushriclp. Lowe, Lynch, Marshal, McCrary, Medill of Wisconsin, McNulta, Merriam, Monroe, Morev. Neal. Necley, Niblack, Nunn, Orr, Orth, Packard, Packer, Pa.jo. Parker of Mis souri, 1'elham, Perry, Phtiiipp, Pratt, iurman. ltacsier, itapier, itawis, Kay, men mond, Bobbins, Rusk, Sailor of Maryland, Sener, Sessions, Shanks, Wheats, Sheldon, Sherwood, Shoemaker, bloss, Smith of ir ginia. Southard, Sprague, Stanard, Stone, Strait, Strowbridge, Sypher, Taylor, Thornburgh. Todd. Tyner, Vance. Waddell, Wells, Whitehead, Wbitely, Whitthorne, Williams or Indiana. Wilson or Iowa, Wilson or in diana, Wolfe, Woodworth,' Young of Ken tueky. and Young ot Georgia 135. Nays Messrs. Albert, Archer, Benning. Bass, Beck, Bromberg, Bumnton, Burchard, Burleigh, CaldwelL Clarke of New York, Clayton, Clymer, Cox, Crocker, Crooke, Darrel 1, Dawes, DeWitt, Durham, Eames, Kien, Eldridge, Elliott, Fort, Frye, GarMeld, Giddings, Goodrich, Gunckle, Hale of Maine, Hale of New York, Hamilton, Harris of Massachusetts, Hathorn, Hawley of Connecticut, Uendee, Herndon, Hersey, G. T. Hoar, Hooper, Uoskins, Kasson, Kellogg, Kendall, Lowndes, Lutterell, Maynard, McDill of Iowa, MacDougall, Mellish, Melliken, Mitchell, Moore, Morrison, Nesmith, O'Brien, O'Neill, Parker of New Hampshire, Parsons, Pendleton, Phelps, Pierce, Platte of Virginia, Piatt of New York, Poland, Potter, Rainey, Randall, Read. Rico, E. U. Roberts, Sawyer, Schumaker of New York, Scofield, Scudder of New York, Scudder of New Jersey, Small, Smart, smith of Pennsylvania, Smith of Louisiana, Smith of Ohio, Speer, Starkweather, Storm, Swann, Townsend, Waldron, Wallace. Ward of New Jersey, Wheeler, Wilber, Willard of Vermont, Willard of Michigan, Williams of Massachusetts, Williams of Michigan, aud Willie S3. SENATE. Washington, JaD. 20. The chair laid before the senate a message from the president, inclosing the report ot the secretary of the interior, In response to the resolution of the 8th instant in regard to the unauthorized occupation of the Indian territory by bodies of men, in violation of the treaty of stipulation. Laid on the table. Pet It lens were presented from the national board of trade for a revision of the internal revenue laws; endorsing the petition of the New York Chamber of Commerce for the prevention of collisions at see; protesting against any increase of tbe volume of currency; asking that the national banking act be amended, aud that tbe volume ot fractional currency be redu-ed. Mr. Oglesby, of Illinois, presented a xeiition of tbe national board -of trade in regard to cbetip transportation, and made a speech in favor of the immediate atteutionot con gress to tha ubject, stating that ia his opinion tha question was ot more import ance than that of finance. Mr. Bogy, of Missouri, spoke in favor of national legislation to open natural water routes to tbe tea. The petition was referred to the committee on transportation routes to the aeapoaru. The consideration of the finance resolution was resumed, ad the remarks of Mr Brownlow, f Tennessee, read by tho clerk. Mr. Brownlow thought an immediate return to specie payment would be. destructive to tbe business of tbe country. Our present finance sysiem was very good, but capable of some amendments, one of the principal defects being the unequal distribution of currency. The south and west wanted more. ad measures should be taken to relieve t hose sections. ' Mr. -Gordon, of Georgia, opposed apeedy return to specie payment, but did not desire to be understood as opposing it, when consistent with the iuteresta oi tbe producing class in the country. To give the country more currency, was, to his wind, the shorteat, surest and easiest method of relief. If congress would Renounce that it intended to give more money to the people and give it flexibility, that very hour would bring relief to the country, and brihg out millions ot greenbacks now hoarded up. He epoke of the wants of his section, and said he believed there was more prosperity there when it took sixty dollars in confederate money to buy one in gold in the days ot the war. Cheap money was what we wanted, and he hoped the debt burdened south and west would heed tbe cry. The south is poorer to-day than she was the day she surrendered. He hoped the day would come when we would issue money not founded on gold, but on the faith in the government, and receivable for all dues alike. Mr. Chandler, of Michigan, agreed with other senators that there should be more money, but be wanted better money. He thought tbe only plan was for tbe government to say it would resume specie payment on the the first of J anuary 1875. To authorize the secretary of tbe treasury to borrow 1100,000,000 in gold at that time; top tbe sale ot gold now. and by tbe lt of January we would have 1200,000,000 in gold to begin the redemption of our legal tenders. He opposed any increase of tne volume of the currency, even the issue of the ! J 030,000 reserve. The resolution was laid aside, informally, and the post route bill taken up. HOUSE. Mr. McCrary from the committee on rail roads and canals, reported a bill to regulate commerce by railroads among tbe tereral states. Ordered printed and recommitted. The military committee agreed to report a resolution recommending and requesting the president to appoiut a board of five officers to investigate the affairs ot Geu. How. ard, in connection with tue allegation against him, embodied in the recent letter of the secretary of war. .

SENATE. Washixotox, Jan. 21. Mr. Anthony Introduced a resolution for

bidding the publication of remarks in the congressional records, or any portion of the speeches not actually delivered in the senate or house cf representatives. The senate then resumed tbe consideration of the resolution reported by the finance cominitte, declaring it to be the duty of congress to adopt measures to redeem the pledge of pufelic taith, and furnish a currency of uniform value, always redeemable in gold or its equivalent, and Mr. Merrimon addressed the senate. He favored immediate resumption ol specie payment, and hoped that the glorious event would transpire July 4, lSTo. .Let every dollar In greenbacks be redeemed in gold then. In the meantime let the volume ol currency be increased at least one hundred millions. He spoke of the unequal distribution ot currency and the press ing needs of the south cn account thereof. Mr. Sherman said the comptroller of cur rency had authority now to withdraw f 25,000,000 from New England and give it to the south and west, or the states which have not their prorer proportion. Mr. ü.d3iunds. How long would It stay thereT Mr. Sherman. That is another question Mr. Merrimon said in reply to the senator from V eriiont ( Edmunds) that be would say iftbemoiey was south it would go back very slowly, if the banks of New York and New Eng and did not offer interest for it. As those states pay interest, money goes there. Ha said that currency waa redun dant as compared with the circula tion of Prance and Englaud. ne would liko to see congress grant a charter for a great national bank with a capital of f 100,OiX),0(0 in shares of ?25 each, so tho whole people coi id have stock In it. Sectional interests hail once come near destroying the government, and unless congress does somethinj to produce an equilibrium in in dustries, more trouble would result. Mr. Ednunds inquired if the gentleman believed congress cyuld.produce this equi librium. Could it say how many factories there should be and where located. Mr. Merrimon said that if congress could improve the harbors and rivers of the west, open up the natural advantages of tbe country, encourage shipbuilding, thousands oi other things could be done to produce an eouilibri am, but while we go on with this sectional legislation, California with one in terest, New England with another, the South with another, and when they come In con fllct the result will be a clash of arms. Tbey did it once and they would do it again. The debate continued between Merrimon and Edmunds until a quarter past three, when the senato went into executive session and soon alter adjourned. HOUSE. Mr. Kelly, from the Eelect committee on centennial exposition, reported a bill recit ing that at tbe various international ox posi tions that bad been held in foreign coun tries the United States had been represented in putsuance of invitations Liven by tbe governments of these countries, requesting the president to extend, in the name ot the United States, a respectful and cordial invitation to the governments of other nations to be represented and take part in tbe inter national exposition to be held in Philadel phia, under the auspices of the government of the United States, iu the year 1S76. Mr. Butler, of Massachusetts, inquired whether congress wonld not be required to make appropriations to carry the matter through. Mr. Kelley replied that that question was not involved in tbe bill at all. Mr. Hale, of Maine, warned the house that tbe plan was to get the president and secre tary or stue committed to this great raua delphia fourth of Jnly celebration, and that if this bill passed congress would be called on within the next two years for appropria tion ranging from nve to ten millions. Mr. Ke.ley eatd that Mr. Hale misanpre bended alike the purpose and scope of the Mil. He denied that the government woul be put toanv expense. Mr. KasBon. of Iowa, suggested that Mr, Kelley permit an amendment to be offered which wruld remove much of the objection to the bill; that in communicating such in vitations to foreign governments it shall be done in such langnage as not to present it as an enterprise guaranteed by the govern ment of the United States. Mr. Kelley said that unless be heard a dis sent from the members of the centennial committee, he would not object to let an amendment be o acred. Mr. Kaodall said: I will object. Mr. Kelley remarked that the members of the centennial committee objected to ad mitting Ihn ariendment. ami therefore be could nol adrrj; it. Mr. Uiwley, of tke committee, claimed that the roverutnent had so far committed itself in .he fritter, that it could not retreat without thame and national mortification Tlie-comniitee would bring before the house this season a proposition askiDg direotly ana rranily for government aid. He would see whetaer congress would refuse to appro prite three or four millions for this great purpose of peace, while it can give forty fifty r sixty millions a year for an army and navy. The time was coming when millions of the people's money would be thought more available for purposes of peace and progress, than for the engr -?ry for murdering mec The debate vaa continued at lengtli. Mr. Smith, cf Ohio, said that one gentleman connected with tbe coumittee had assured him they would require, before they were ttrough with it, BEVEM MILLIONS FBOM TBI 2HNEBAL GOV- . ERNMENT. Mr. Hawley, of Connecticut. He never had any authority to say that. Mr. Smith. He was a gentleman f this committee from Ohio. Mr. Randall. He ought to be off the commission. Mr. Kelly. Seven millions will cover the whole rout. Mr. Smith. We all khow that expenses aiwavs ezeeea the estimates, we are frank ly told that congreea will have to furnish five minion, and that means an additional mil lion or two. Mr. O. F. Hoar, of Massachusetts. Doe not the communication which the president has already made to tbe foreign govern ment pledge this government as much as tho bill can do. Mr. Smith. I know that what has been done in this matter em barrages congress. m r. u. tr4 lioar. Are we not pledged al readyf Mr. Smith. We are not pledged, because in the law authorizing tbe appointment, of commissioners congreea reserves the right to refuse to appropriate one dollar, but it we pass this bill it means that congress is com mitted to this very large expenditure. He thought the committee of ways and means and appropriation should be beard from before the bill parsed. x Mr. Syj har, of Louisiana, was In favor of the clebratloti and wanted to have it made a regular national festival. Mr. Williams, rf WiscorsIn, said that the voice of his state was a unit in responding to Pennsylvania for whatever was righ just, reasonable and patriotic. The debate closed, and Mr. 111. of Maine, moved to lay the bill on the table, which motion waa lost by a vote of yeas 42, nays 200. The bill was then passed without yeas and nays, only lour members rising to demand the yeas and nays. SENATE. Washington, Jan. 22. Mr. Sargent, of California, introduced a long petition of Susan B. Anthony, relating to the circumstances of her voting in Rochester, and subsequent indictment and trial

r illegal voting before Judge Hart, of the

United States Supreme Court, stating that ber trial was not a iair one and that her conviction was in violation of the statute, and asking that the fine imposed be i emitted. teferred." Mr. Scott, of Pennsylvania, presented a petition of Philadel phia merchants asking the enactment ot a law to provide for the issue of 3 65-100 bonds into which legal tenders may be converted. Referred. Also, a petition or the citizens or I'lttsDurg, asking to be reimbursed for expenditures incurred n fortifying the city in Ism, in accordance with the order of the secretary of war. Referred. Mr. Sherman, of Ohio, Introduced a reso lution iif true-ting the committor on public buildingj and grounds to inquir.) Into the expepiency of suspending the expenditure of appropriations for all public buildings upon which work has not been commenced, and to cover euch unexpended appropriations into the treasury. Mr. Morton, of Indiana, submitted the following resolution, which was laid on tbe table: Resolved. That the committee of transpor tation routes to the seaboard be instructed to consider and ronort a bill creatine a com mission of five eminent and skilled persons to be appointed by the president by and with the advice and consent of the senate, who shall examine and report to congress what legislation is necessary and practicable n regard to inter-state railroads, to promote the following objects, viz: The speedy transportation at reasonable rate of freight and passengers. The safety and comfort of passengers by providing for the inspection of bridges, tracks, locomotives and cars, and the reform of any abuses that may exist in consequence of extortion or unjust discrimination in transportation of freight and passengers and ia general, what regulations are neces sary to promote the cfllcieney of railroads, the interests or commerce ana tue conven ence and safety of the traveling public Mr. Morton said that on Tuesday next he would take a ehert time to express his views on the subject. Mr.Anthonv. from th ecoramutee on nnnting, reported favorably on the resolution . r ' - - . . making it unlawful for tbe congressional printer to print in the Congressional Record any speech or part of a 6peech not actually delivered In the senate or house of repre sentatives. Passed. Mr. Davis, of Pennsylvania, introduced bill for the further improvement of the reat Kanawha river. Referred. Mr. Morton offered an additional rule to those of the senate, declaring that no amend ment to any bill for the creation of a postroute shall be in order until alter the refer ence of such amendment to tbe committee on post offices and post roads. Referred. The morning hour having expired, the! consideration of the finance resolution was resumed. Mr. Boutwell, of Massachusetts, add res ed the senate.IIe said the senator from Missouri. Schurz, had been pleased to arraign him for an opinion incidentally expressed on the financial question in this chamber, and perhaps more at large stated elsewhere, and was pleased to characterize these opinions as a 'do nothing policy." Those opinions during the past five years were embodied in the nnanciai policy oi both the legislative and executive branches of the government. The financial difficulty through which the country naa recently passed bad taught a lesson. As a teacher it should be respected, but as a dictator, demanding that a policy tried should be abandoned and one not tried bo entered upon, it was not worth attention. The number of failures of LEG mil ATE ECSrXESS MEN During the late troubles were few. Laboring classes alone have suffered, and they alone are the persons entitled to considera tion, and to their interests he thought con gress sheuld now address Itself. He hoped to be able to 6how that an inflation of paper currency would inflict standing and lasting evils upon laboring men. He con tended that there was frequently an inflation of currency in New York, and its evils were disastrous. There is a natural process by which currency, whether paper or coin, used for tbe purpose of business, will accu mulate in a particular plaoe. When every power of legislation should have ben exhausted for the purpose Cf ns tributing currency over the conntry, the result " would be failure. Currency will flow where it be longs, and therefore naturally accumulate in the city of New York. The banks oi the city of New York, acting upon a practice al mosi. universal, pay interest on depo&its.and the result is tnat money, instead of remain ing in Chicago, St. Louis and other points, flows into New York. Fifty, sixty, or seventy million dollars, after being held there sutject to call, and the accumulation of cur rency in iew York by artmciai means, led to an inflation of currency in that city and to speculations, followed by disaster and ruin. An inflation of the currency of the country would in time produce the same ro suits, lie was tnereiore opposed to anv in create in the volume of the paper money oi the country, and, on the other band, was op posed to the contraction of the currency lie tiia no; ininK a aepreciatea currency in itself a great evil. liy that, be meant to nay that if the curreucy be depreciated and prices and products ot labor be come aaoomodated to that Btate of things, there are no substantiate affecting the general prosperity of the country. The authority of the tieasury department to use the 144,000,000 of legal tender reserve, ought never to nave been questioned, but he trust ed that tbe debate would settle the legal rignt to use it wnenever an emergency oc cur red, bearing in mind always that it was not to be added to the volume of the cur rency when issued, but to be restored to the treasury as soon as practicable. Mr. Schurz. I understand that tbe gentle man maintains tnat ine treasury had a legal rig at to issue m-i.uuu.uuu. voen ne also main tain that the department has the legal right to wttnaraw it again r Mr. Boutwell. Keeping in view the lecls lation of congress, it was tbe duty of the secretary of the treasury to do so. Deducing from the policy of congress, his conclusions would be that 156,000,000 was the amount ol currency to be kept In circulation, and when the exigency passed it was the duty of the secretary to reduce the volnme of currency to i$3S6 000 000. He argued that the issue of the $44.000,000, in his judgment, was consis tent with the public interest in the highest degree, aud me secretary oi the treasury could wot srr silent . And Inactive while ruin and disaster to tha country were apparent. But to a per manent increase of the currency he was op posed. . He denies that any pledges of the government had been violated. The act of March, 1SH2, declared that tbe holders of United States notes might, between March and the following July, convert their notes into United State bonds, and they had that time to make such conversion. He favored a return to specie payments with such limitations as were set forth in the annual re port ot the secretary of the treasury of 1872. A statement had been made here that during tbe first four years no progress had beu made towards a return to specie payments. This he denied. In 1869 the average price of gold was 32 per cent; in 1870 less than 15; in 1871 lesi than 12; in 1872 it was 12 4-10, and in IS73 13 84-100. Did not these facts by themselvescon8idered demonstrate' that in Jhee four years we bad made progress towara specie pay mentar Mr. Morton inquired if the gentleman did not attribute the decrease in the price of gold la 18C9 to the act of congress passed then to strengthen the public credit.

Mr. Boutwell replied that be attrlbmted

much of the cause of the decreaao to that aci. But depreciation in the price of gold was not due exclusively to the pAi&acf that act. It was due aluo Aulnoreaa im the business of tho country. He loeked for an ultimate and not far distant equalization or our paper currency and coin, and until that time arrived, any policy looking to a resumption of ppecie paymeut woald be brought with tha greatest danger. YTwh inflation, the interest on money would con tinually advance. Money grew cheap in New xora: wnen Dusiness men were away at watering places, but as the fall came on tbe demand increased and interest adyanoed. Alter tbe crops had been xneved. it became plentiful again, and interest became lower. Tbe changes wer bound to occur every year lie argued that It was possible to have a depreciated carrenav and yet tbe paper in circulation could bo nom inally redeemable in coin, tie opatd the free banking system. Under It the curreaoy of the country would be vastly lncreaaedi aad when the time came to resume ftpecle payment. tbetse bah ks would be unable to respond. 11 was opposed to the proposition of bin eollgu (Sumner) for convertible bondi. and ex pre the opinion that it would reault in contraatien, and the hoarding of money and to tbe detriment of the busiuea lute re La o the country. If earrencv was 10 be contracted as a mjaus te re sume ppecie payment, let It be done opealy, bo tnat every Du.sin?s3 man could see wnat it waa eotng to be and ehape bin busluras Accordingly. Was it to be presumed, for a a moment, that we could go in the markets of the worla and purchawe coin witn which to redoes legal tender notes? Tlie whole banks of Kngland and the money markets of Kurope combined would be arrayed against u 4, Great fortunes acouraolated during the war by individu-jJa la this country, put it. in the powr of a few ma to organize themselves to prey npon the goverument. It was possible for men In New York to oombloe for the purpose of .speculation, and control ten. twenty, or even thirty million of dollars, aud IT tiiepian propose-d by his colleague (Suitner)' should b3 adopted, thoa men would work rata to the treasury by putting thair moaey lav THESE CONVEailBLH B0XD.3 When money was plentiful, and hold Ikeir bonds until a scarcity of money occurred, wheat, they wouM have them redeemed and preolataue an additional volume of oarrency oa the country, Inflating prices and doing great daaaa?c The plan of return'.nc to artete pay meat a j ear from now, also was very obj-jcliouable, as he had shown the government could not get gold to do It, aud If tne time for a return kbould bo fixed at a year from now, the eo vera ment could not 6iand the shock. After redeeming fifty orone hundred million the treasury would have to oIom Its doora. Enough coin rould not b9 eeonioolated in the treasury in a year to cay our aotes, and It was lmpoikihle to get it from Europe. Tke only escape is to allow tbe secretary ol the trMSury to go Into the markets of tbe country and bay our six percent bonds at the market prlci, with the prooceds derived from the sale bftlie five per cent, bonds. Tbe senator from M!aort. Schur, is in favor of resumption. Let him saew how It can be done. He, Boutwell, bad obTed a disposition to put more confidence In tbe days of tbe future, of whicn we Knew not, tnaa la tas days of the present, of which we know. Mr. churz said that the discussion nsw was ruerdv udou tne resolution directing the Cnaaoe committee to report a bill, nor npoa the apeelne means lor specie resumption, vv nen ma committee have reported a bill he weald dUens specific measures. There has been an laflatiea of cur encv now amounting to KifiMflOO. UUl process went on, even to the extension or iss lorty-four million reserve, ho waa not iure bsl that it would be followed by events eorr es pending with tho.je lu Kew York: on u 2d of September last. II therefore thought It tbe duty of congress to legislate Immediately to prevent sucn disaster, it was not, in nis judgment, the true plan to borrow money to re turn to specie payment, nciiner wu it rxa isue bonds to raise money. He asked now. after a struggle of five years. If ltwasrU;ht ts attempt to slaughter the credit of thl country now in a time of peace and of comparative prosperity, by going into our own markbta and lata the markets of the world be?glng for money to pay tbe current expenses of the ceuntry. Thor is but one remedy and one means to ward olTthe evil, and that Is taxation. He would not aay a what taxation muat be. or else the diaraoe or borrowing money to pay the expenses f the government, and as between burden and dingra he would put burdens oa the people of the cotrv before summittlng to disgrace. Mr. Gordon, of Ueorgla, said that the SAnafaar from Massachusetts (poke of the inoreased prosperity of the southern states. He begged te rslerj io tbe fact that tbe cash value ot faraa la Georgia in I) was f 157,00c,0W, and in 137 ealy Ji,0O0,XX). The value of all real estate In Georgia, tncluuing cities and farms, was tS,!JU.S0 less in 1870 than in 18Ö.'. In lfci0 Georgia raised Sl.OOtyJOO bushels of corn ; in 1870, only about half that tjuantitv. In l-'friO she raised 2,0UJ,sw hwad of boas; In 1S70, only 958,cxo. HOUSE. Mr. Dawes, from the committee on wxy and means, reported back adversely tke bill to repeal ail taxation on bank checks as J friction matches, and Btated that there wa a strong desire on the part of theoomraanlly to remove these taxes. He therefore, lastead of having adverse reports laid on tbe table tub silentio, moved their referuooe to the committee of the whole for discussion, and to make them the special order fr Wednesday next. Mr. Monroe, of Ohio, stated that be had introduced the bills to repeal tbe stamp tax on matcnes, ana suDmittea the same reanea why the adverse report shoald be rejestod, and the bill passed. Mr. Dawes motion was agreed tc. Mr. Dawes . reported a bill to fix the amount of legal tender notes at 4öO,t'20,COO. This bill prepared was by Mr. Beck, of Kentucky, and it declares that the provisions of the law existing prior to the act of April 11, 1SG0, are in force so as to authorize the amount of legal tendera notes of the United States to the amount of $400,000,000 in general circulation, and that the total amount of the United States notes issued or to be issued shall never exceed f00.000,000. He moved to make the bill tbe special order in committee of the whole for Thursday next. In reply to a question he .said the bill was the nnanimons report. Mr. Maynard, chairman of the committee en banking and currency, while disavowing aay feeling of Jealousy of the two committees, enggesied that the consideration of this bill might be arranged to go on In connection with auch measures and policy as tbe committee on banking and currency might present. Mr. Dawen' motion was agreed to, and the hill was made tbe special order in committee of tbe whore for Thursday next Mr. Kasson from tbe committee of wars and means, reported a bill concernlr. denoalta la savings banks, oomdruing the exlatlng laws. iwerred. Tbe house then resumed the consideration of the West Vireinla contested election easa. A rwa long discussion, and without coming to a yot, the houc.e at half-past four took rectus till halfpast seven. Tne evening session Is to be for the consideration of the bill revising and consolida ting the statu tes. GREAT THAW AND RAIN. THE DAMAGE AT BUFFALO. ICE MASSES BREAK DOWN A SRI DOB ifn CARRY BHIPPIXO DOWIf TÜR STBBAV, ARD DO GREAT DA MA OB TO ELEVATORS ASD BRIDGES GREAT DAKQBB AMD IWTMXSB EXC1TEM2WT. Buffalo, N. Y., Jan.22. The soft weather and high water caused the loe in Buffalo river to move about 6leven this morning, piling it up in such force against the pontooa bridge over Ohio street as to carry away that structure, and, in its course, sweeping ten first-class vessels down tbe stream, piling them in one mass aeainst tha Michigan street bridg. The bowsprits ot tbe veseela, in their rapid course, carried away the lower part of Plypton'a elevator, and inflicted Bullous damage to the City and Niagara eleva tors, and ' ernnplctsly demolished tbe t-beds of the New York Central railroad oompaoy. me toss is estimated at a million dollars. Tbe Michigan street bridge holds the accumulated mass, but should it give way there a no ealcviating tbe damage to vesee la and property below. The water is now overflowing the banks and running into tbe lake through llambusg canal. The greatett ex citement prevails. Centenarians are quite numerous In Coanectlent. Nary-aent-iaju are toUrashy

plentiful in this tat,