The Athens post. [volume] (Athens, Tenn.) 1848-1917, 1852-12-17
FROM wAsFIINGToN.
WAsHIkGToS, Dec. 8

- WASHINGTON, Dec. o.
The Committee of the two Houses are TO
be announced next Monday. 1t is understood
that there viii be mo- essential alteration in
these from TIE cast of the late session.
- The financial questions thrown upon Con-
gress, are the leading subjects of conversation
here. Some OF those who have given most
attention to the subject, are of the opinion
that Congress, at this session, will fold their
arms and do nothing as to the tariff, rs to the
accumulation or disposition of the Surplus
revenue, or rs to the great land projects now
pending.
The evils Of an accumulated surplus in the
Treasury, now known to be seventeen mil
lions, and likely TO become greater, month
after month, are generally felt and admitted.
But Congress is reluctant TO adopt any mod-
fication of the Tariff at this session, whereby
the revenue can be reduced, or the law of
1876 at all altered. The vote in the House
yesterday, rejecting Mr.. Brooks proposition
to refer these subjects to n Select Committee,
is proof of this. The Secretary of the
Treasury wishes Congress to remove all re-
strictions upon the appropriation of money in
the Treasury for the purchase of the public
debt. But some Senators will object to this
Mr.. Hunter was in favor of the proposition
when made by Mr.. Corwin, at the close of
the late session, but it was objected TO for the
reason that il conferred too much power upon
him. The only effect of it, would be TO ena-
BILE him to purchase any of the stocks in
market, instead of being restricted TO some
particular stocks. He can now use R6>money
in the purchase of the Stock created by the
twenty three million loan, except the amounts
derived from the land sales.
The Secretary will 90 on and purchase
Stocks in small amounts, but not to an ex-
tent that will enhance the present high rates.
Those most deeply interested in the great
local bills admit that there is little or. no
chance to get them through Mt this session.
They are of such importance MS TO require
further deliberation. 1t is wished, too, to
afford to the next administration IN opportu-
nifty for the suggestion of some comprehen-
sive, consistent, and just scheme for the dis
position of the public domain.
Mr.. Benton's policy of reducing and grad
uating the price of the public lands, and ced-
ing the refuse, after a certain term, to the
States in which they lie, is likely to be again
taken up. Perhaps it may be finally adjusted
by the next Congress. .......
We can, therefore, see what Congress will
not do at this session. They will leave for
the next Congress, and the next Administra-
ton all the great financial and land questions.
They will have enough to do, however, if
they give their attention to many measures
of acknowledged Importance, to which the
President directs their attention.
Not word is said yet, as to the vacant
bS, &c
Mr.. Bradford's nomination was laid on the
table by the Senate, at the close of the late
Session. ... H -. .f .-.
1t has been suggested that it is the inten-
ton Of the majority of the Senate to defer
any action on any nomination that Mr.. Fill |
more may make. In that case Gen. Pierce
will make n nomination at the extra Session |
Of the Senate, next March. -.."
az The Washington correspondent of
the Charleston Courier, under date of the
10th instant, says:
II is believed that we hold California by |
feeble tenure, and that after awhile, the gold !
en- region will slip away from our nominal !
control. A communication overlandsSs, there
Tore, much urged, UT III. dr. ~ /" 1bei
1iate action on the subjecf.N1 lJy6fk |
Company offers to build Rail Roaofor the
government, and complete it in five years.
It will cost about a hundred millions, and
hen perhaps be unproductive. The gold
workings will be exhausted in ten years, and
will then be less sought for than
Oregon. The resource from imports into
California has fallen off million this year,
n comparison with the last and the reason is
hat she is supplied more cheaply from New
York. If the Tehuantepcc route be opened,
t will in time of peace be preferred for travel
md transportation, between the Atlantic and
Pacific, to our overland route.
APPREHENSION OF A COMMERCIAL CRISIS