The Iowa transcript. (Toledo, Tama County, Iowa) 1858-1866, 1865-12-13


Cullough Is regarded with favor by the
country at large He takes up every topic
| which concerns our financial interests, aud
handles each in such a manner as to make
it clear to the commonest mind He says
the country must get back to a specie basis
and stop imitation, else there will be col
/ lapse at no distant day. Consequently the
present enormous amount Of currency must
be contracted. He opposes the taxing Of
government securities, and reduction III
the number Of articles now taxed for rcvc-
nue.. He opposes eng reciprocity treaty
with Canada, and shows At length how by
the devotion Of 500. 000, goo annually to
that purpose, the entire national debt (call-
ing it in round numbers $4,000, 20 o,ooo),
may be paid up completely in about thirty
years The above are the principal points
of the report, except the figures OF the
debt, which do not differ frouI those we
have lately published
The Louisiana Legislature, on 9th elected
/ Randall Hunt as one Of the United States
Senators from that State; and would pro-
badly choose the other Senator on Friday.
The Asia brings later intelligence from
Europe. Spain has backed out of the Chi
/ liam affair, and ordered the Spanish Admir-
al to suspend operations. Stephens, the
! Fenian Head Centre of Ireland, has not yet
I be- captured, although large reward has
been offered for him by the British govern
ment. Parliament meets on the 18th Of
January, and the Queens speech will be de-
livered on the LIST of February.
General Butler is about to reply to the
structures against him by General Grants
report.
The resignation of Generals Butler. Dix,
Croxton and ketchum have been accepted.
OMahony, the President Of the Fenian
brotherhood denounces the Fenian senate
as malcontents. There is also trouble at
headquarters, and the president publishes
a list of the brethren who are warned off
as dishonest.
The Presidents message and Secretary
McCulloch's report have caused an adj
vance in government securities and q de-
cline in gold.
The Mississippi river was frozen over on
the sth, at Mc®or, SO that teams could
cross.
CoNGREssIoSAL.-The 39th congress yes
terday convened at Washington. The sem
HI ia, y,
ident Foster. Thirty-nine gentlemen re-
sponded to the call of the roll. Messrs.
Poland, of Vermont, and Stockton, of New
Jersey, were sworn into oilice-a protest
being entered in the case Of the latter, al
leging that he did not receive a consiitu-
tional majority Of votes. Mr.. Wade pre-
sented a bill permitting negro suffrage in the
District of Columbia. Mr. Sumner intro
duced bill to provide for placing colored
men on grand juries in the southern states !:
! prescribing an oath to maintain republic
in rebellion; to enforce the constitution
amendment, TO give the right Of suffrage to
! colored men in the District Of Columbia, and
4 to amend the constitution relative to con-
gressional representation. lie also sent in
resolutions declaring the adoption Of the
constitutional amendment abolishing slay-
cry, and defining the duties Of congress to-
ward loyal citizens of the insurrectionary
states.
In the house, l75 members answered to
their names. The southern claimants were
excluded, although an attempt was made to
secure the admission Of the Tennessee dele
cation. Mr.. Colfax vas elected speaker,
and the other nominees Of the republican
caucus were al elected. The reconstruc-
tion resolution Of the caucus was adopted.
Notice was given to renew the grade of
general in our army. Tuesday was occu-
pied with the reading Of the message and
reports.
In the Senate, on Wednesday, the standing
committees were announced. The chairmen
of the principal ones are as follows; Foreign
Affairs, Sumner; Finance, Fessenden Com
merce, Chandler; Manufactures, Sprague;
Sherman Military Affairs,
Wilson; Naval Affairs, Grimes; Pensions
Lane Of Ind. Judiciary, Trumbull; Claims,
Clark; District Of Columbia, Dixon; Indian
Affairs, Doolittle Territories, Wade; Pa
cific Railroad, Howard. A bill was intro
duced to regulate commerce between the
several states. A committee was appointed
to cooperate with committee from the
House as to appropriate action in regard to
the death of President Lincoln. A resolu-
ton was offered, calling for vigorous action
against the hostile Indians. The Senate
adjourned to Monday.
In the House, bills were introduced for
the relief of the widow of President Lin
coin; giving wounded soldiers while in gov
eminent employ, the right to receive PEN
sions; amending the act declaring who
shall assume the functions Of President Of
the United States in case Of the death, re-
signation, removal, or disability of the
President or Vice Presidents and reyiving
the grade Of General in the army, and au-
thorizing the President to appoint such
officers. So much Of the Presidents mes
sage as relates to freedmen was referred to
special committee. Proposed amend
ments to the Constitution were presented,
annulling export duties, repudiating the
rebel debt, and securing to all persons