Richmond Whig. [volume] (Richmond, Va.) 1862-1865, 1863-01-22
FROM WASHINGTON
Correspondence Of the New York Herald .
WlsuINoToy Ian N 1895

WASHINGTON, Jan. 10, 1868.
THE DEBATE on THE FiSAScE BILL IN THE HOUSE.
After few private bills were disposed of In the House
to-day an important discussion Of the finance bill
had ia Committee of the Whole. Mr.. Hooper, Of Mas
sachusetts was called upon testify respecting Secre
tary Chases views upon the bill reported by the com
mittee 1t appe red plainly upon Mr.. Hoopers remarks
that Mr.. Chase not only dsapproves the original bill but
he believes that he cannot carry his department Of
the government If il becomes Law. 1t Is uncertain
what effect this announcement will have upon the vote
on the bill 1t is probable that majority Of the mem
bers will feel compelled in this crisis to yield their opn
ions to those Of the Secretary
The modification and final moulding Of the finance
measure will under these circumstances, occupy some
tme especially the pressing demands of the soldiers
have been provided for by the hundred million joint
resolution which gives the debaters breathing spout
ing time. -,... -..,-s- I'D
In the course of the debate the delays in paying the
army especially sick and wounded soldiers brought
up and terrible budget of grievances opened by
different members. One Of the obstruction, one OF
the possible causes of partiaiy in paying regiments,
was not alluded to, viz that no paymaster get his
ney pay with except on SPECIAL order. from the
S cretary OF war.
An attempt was made to bold a session tomorrow,
but after noisy squabbe the House adjourned over TO
Monday. ''
ROBERT j. WALKER ON THE FINANCES.
Hon. Robert ]. Walker in conversation this evening,
Inserted that the rebellion could only be put down by
the maintenance of the government credit and finances
that it evident the mmoderate issue Of paper cur
rency has advanced gold to forty per cent premium and
the issue of several hundred millions would nearly
cause it to disappear commodity well as CON-
mercal medium. Mr.. Walker cordially approves the
views of Secretary Chase and believes the financial pol
icy suggested by him TO be indispensable 10 the
Of the government.
THE REPUBLICAN PARTY BREAKING Up.
There is much caucussing and consultation by the Re-
cans in Committee OF the Whole the state of the
party upon the best Of preserving their political
organization from destruction They talk Of reorganiz
ing the party but in what manner does not yet appear
Greeley has been extremely busy. lie Is not organizing
black brgades has been supposed, but recognizing
the Republican party. Some OF the leading radicals who
we're ia consultation with him last night shake their
heads omnously and declare that this is the darkest
day the country has yet SEEN Prominent Republicans
acknowledge that they have lost their hold upon power
in all except some New England States. Some Of them
predict peace as early as next June.
YAPoLEoS AND THE REBELLION.
The best diplomatic adyces from Europe that En-
peror Napoleon need of speaking kind words Tor
the Southern Confederacy. lie holds that they cannot
be reduced under the authority of the General Govern
ment
ENCOURAGEMENT OF EMIGRATION.
Senator Foster, Of Connecticut, introduced a resOu.
persons supply the void made in industrial occupations
by enstments into the Union armies Most statesmen
are fearful that when the years and nine months
rrcn are discharged in the spring there will not be op
porunitivs for them to engage in former pursuits.
ARTILLERY EXPERIMENTS WITH IRON-CLAD TARGETS.
Several interesting experiments made at the Navy
Yard Yesterday of the effects OF the Dahlgren gun upon
ronclad targets completely vndicate the opinion
pressed by Captain Dahgen in his recent report to the
Secretary of the Navy upon the subject Of destroying
iron cads. target Of Captain ErlcssOns, made up
trey OF wrought iron to thickness OF fifteen inches,
was tested the yard. 1t fired by eleven-inch
Dahgren gun about fifty feet distance. The gun was
loaded with thirty pounds Of powder and solid shot The
penetration quite inconsideiabe but the construc
ton OF the target completely disocaled by the blow
Only two of the through bolts were broken All the
bolts in the vicinity OF the blo~ separated, and
much bent. The target itself, though weighing several
tons was driven back several inches and the blow also
displaced the heavy masonry against which had been
braced.