The Burlington weekly hawk-eye. [volume] (Burlington [Iowa]) 1860-1876, 1864-01-23
WASHINGTON Correspondence.
WAsHINGToN, Jan. 18TH, 1871


Az Won have doubtless heard by tele-
graph. the decision of the Supreme Court
IN the Dubauue Bond case was IN favor OF
the bondholders. The Judgment of the
Court was unanimous, with the exception
OF Justice Miller, whose opinion, ia dis
sent, is admitted TO be very aDle; -
This case covers that Of nearly all our
county, town and city bonds, and was de-
cided upon it's merits, so that i IS really an
affirmation Of the Validity OF them ALL
| The State Supreme Court, as is well known,
had decided both ways, the earlier de-
cision maintaining the legality OF the
bonds. The fact Of contracts IN the shape
Of new bonds being made under this deci-
sion, was strong point with Inc Y. ,. Su-
preme Court, which expressed a not very
elevated opinion Of cur own Court Tor de-
nyinc the validity Of contracts so made
The aspect of reputation apparently had,
also, it's due degree Of effect with the Court.
! This decision, therefore, being substan-
| tally final, however great the Indebtedness
of our various local bodies, they have got
to face the music. 1t is hard,-it would De
| hard either way,-but there is no alterna-
| tive. The amount Of railroad ana ike
| bends in the eastern half Of our State is
many millions. Many local bodies abso-
| lutely coas no. pay, and as the decision car
ries 10 per cent. interest, the inueDteanes'
will increase faster than many OF the towns
| and counties that are now unable to pay
viii improve. Some compromise would
! seem in such cases, absolutely necessary
to both debtor and creditor.
Mr.. Wilson has introduced q bill, which
will doubtless pass, appropriating So,ooo
| for monument TO be placed IN the militia
| ny hnrying ground At Neokuk. he y also
gathering facts with reference to the con-
struction Of q canal around the Rapids be-
tween keol.uk and Nontrose. About the
| construction ot d canal there, however, Or
rather It's authorization by the present
| Congress, ! am by nc means sangune.-
| All similar projects for internal improve
ment vii doubtless be rolled into one
enormous bill, the extensive app-opria-
tons involved in which viii doubtless as
sure its defeat. A least 4 case must, IN all
| likelihood, lie rG!y eIGeptlonable. anu ne
| managed Y tn remarkable &droltness anu
ability. 10 prevent IS being leaguel with
| the gree, schemes Of me session.
/ Gen. Sahotield = Sill mere, dancing at
tendance upon he Senate, IF, however, he
| is confirmed, after he previous deliberate
consideration of Ms case, which resulted II
| the rejection ot his nomination, especially
| cons ;derng the record he has since made,
| il certainly wiz no. speak much for the
spirit hi the Senate, and is assertion Of ITS
! Independent constitutional privileges and
duties. ! think 10 prev ions Administers
ton has ever coerced the Senate in any
similar ease, or even earnestly attempted
TO coerce II, though, if my memory does
not fail me, Tyler made a feeble effort, and
Jackson once threatened to make trial.
| A vigorous and systematic effort is now
making, by q combination OF leading men,
| to create interest TO- MIR. Chase as Presi-
dental candidate. ! am sure, however,
! that some are len..n- the movement theii
and more for the purpose Of making di-
version against Mr.. Lincoln, than for the
purpose of bene!itting Mr.. Chase, in the
hope Of a resulting advantage to Gen. But
Ter, who is the favorite candidate OF many
of the best intellec:s of the earnest Glass;
Still. however, it is generally felt as pretty
much useless to make interest for any
body, the tide SO generally and thoroughly
setting ~ favor of Mr.. Lincoln.
1 1cuA