Wheeling daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1852-1859, 1859-02-28
TELEGRAPHIO.
Ter additional Dispatches see Third PAse.l

CONGRESSIONAL.
WASHINGTON, Feb. 26.-In last nights ses-
sion of the Senate, Mr.. Kennedy proceeded
to ask how it was possible for us to bold Cuba
with but fifty-seven ships Of the navy, and to
protect the 90 Cuban harbors Our Paraguay
armada consists Of canal boats and side-wheel
steamers Have Senators reflected on the bale
full effects the acquisition of Cuba would have
on the slave trade.
New YoRK. Feb. 26.-The Railroad Conven-
ton which has been in session for the last day
or two at the ST. Nicholas Hotel, finished its n
bors last night. The result was that the AMIGA
BILE relations are restored between the following
roads viz: Baltimore & Ohio, Pennsylvania
Central, n. Y. Central, and n. Y. Erie. A
general reduction of ten per cent upon all
freight from New York to Western points, was
agreed upon. st. Louis is included IN the re-
duction. The fare Of passengers was allowed
to remain rs at the present Other questions
were up for discussion, but the above was the
only settlement mnde, and all otner nat 1S,lN
were allowed to pass without decision. The
Convention adjourned to meet in Buffalo on the
10th of next month. for the purpose of arrang-
ing the summer time table
PHILADELPHIA, Feb. 26.-The Rsralfs w ash
ington correspondent says, it is understood that
the President has decided to receive Senior hata,
and thus recognize the JuareZ government.
Every thing is yet foggy as to he probable
result of the tariff conflict 1t is the impress
sion that all the appropriation bills Will be pass.
ed aud that the fight will be made on the bill
to REISSUE the Treasury notes. The PennsylVa-
mia delegation and the Republicans declare
that they will not give way, that an amend
ment of the tariff must be enacted or they will
vote down all loan or reissue propositions
Their backbone remains to be tested. 10 IS not
believed that the proposition 10 revive the tariff
Of 1876 and retain the free list Of 1857, can be
carried and should it pass, there is reason to be-
lieve it would not receive the executive sanction,
not only on the ground of being hasty and nm
wise legislation, but because it would not raise
a sufficient revenue.
The Cuba bill will pass the Senate by about
nine of majority. 1t will not be acted upon
| by the House.
| The Times correspondent says, the President
told member of Congress to-day, that he would
call an extra session in June. This was intend
cd only to effect action in the House. have
reason to believe that he has no idea Of calling
an extra session.
TnE Wool MAREET.-The high price which
has been obtained for last years clip of wool,
and the consequent large profits which have
bOen made by those who bought, has, it is sta
ted, led to general activity among dealers and
spectators in the article, who display great
anxiety TO enter into contracts for this coming
Iclip, at prices far above those paid for several
years. The Cincinnati Price Current says:
We understand large contracts have already
been made in this State, at prices varying from
40 to 60 cents per 10. The advance in wool the
past six months is fully fifty per cent, thus
compromising dealers pretty fully for the heavy
losses sustained by the large decline brought
about by the crisis Of 1857. Full blood is now
selling in the eastern cities at 55a6O cents per
lb., which was bought last summer at s5a4o
cents, this showing what enormous profits must
have been made by those dealers who held over
their stocks