The Tipton advertiser. [volume] (Tipton, Cedar Co., Iowa) 1856-1962, 1867-12-05


ng from them fAse6 ~ figures In lup-
port Of the views edvsnted in his own
eport, and elabosating upon the1 u
ength. Mr. Nee ullocA allndss 70 hia|
'arlier reports, going back to the time Of
lis nomination, also to the reports Of
Chase and Fessenden, in
upport of his views of the policy Of con-
inuing to contract at the rate OF four
Millions per month, as provided by law.
He shows that there were months when
1e could have contracted the above
amount, but RETAINED tom doing % be-
cause he did not think It necessary Or
sxpedient. He takes strong ground
against expansion, which, to use his own
language, would be ruin and lead to re-
pudiation.' The views Of General But
Ter and Mr.. Stevens and others are CONF
mented on, and the tendency and
results of the different finance schemes,
II carried out, are enlarged upon aud
contrasted. He interprets the law In
reference to the fve-twenties "a binding
the country to their payment in coin,
principal and interest, and believes II
the policy looking to their redemption
in currency shall be adopted, the effect
will be disastrous. He states that he
has sufficient gold in the Treasury tn
meet the demands on the Government,
and keep the market In check. He
gives his reasons for not selling more
gold. Endeavoring to bring resumption
in that way, the spectators would to-
morrow buy up all the gold he could Of
fer, and then easily control the market
and make the premium higher than 1t
ever has been. He believes the Tribune
policy of resumption would lead to an
immediate crash in business, which he
hopes to avoid. He comments at length
on the Internal Revenue Commissioners
report, and gives his opinion that If the
Internal Revenue Department and the
Treasury had sole control Of the system,
the taxes would be fully collected and
an end put to fraud and corruption
The report has been read at the Cabinet
for the information and guild
ance of Mr.. Johnson, who has some
financial views to propose in his forth
coming Message
The lake schooner Carthagcnia, from
Chicago, with a cargo Of 1900 bushels
of wheat, went aground near Oswego,
n. V, on Saturday, and is n total loss.
Her'crew was saved.
''Some folks" said very old man,
"are always complaining about the
weather, but I am very thankful when
I wake up in the morning to find any
weather at all. III
A comicai book Is announced. It is
called THE Lovers Dictionary" and it
Is "poetical treasury" of lovers
thoughts, fancies-and dilemmas. 1t is
indexcd with nearly ten thousand refer
enccs as Il dictionary OF compliments
and guide to the study of the tender
science, and will therefore be extremely
handy for bashful young gentlemen
who contemplate sealing their fates this
winter, but really ''don't know what to
say, you know
There is considerable excitement in
England on account of the Fenians. An
outbreak is feared at Manchester, where
arms have been seized by the police au-
thorities. Only one arrest has been
made. Dispatches from Cork received
late Saturday night make mention of
serious apprehensions there Also.
Parties who are conversant with the
views of Secretary Stanton assert that
the Senate will reject any nomination
for Secretary Of War intended to super
sede the late Secretary, and will, by q
decided majority, declare Secetary Stan
ton to be lawfully entitled to hold the
office, irrespective Of the Presidents Or
der or desire.
The annual report of the Secretary Of
the Navy was laid before the President
on Saturday, having been much delayed
by his recent illness. 1t is not quite as
long as the report of last year, and con-
tains but few recommendations of i'm
portance. The navy has been reduced
to peace footing, and the expenses of
the service have been made as small as
possible. The Department expended
last year forty-threc millions of dollars
this year but thirty-one millions.
The testimony of Commissioner Roll
Inns before the Judiciary Committee, in
the matter of impeachment, as recently
published, presents facts of grave impor-
lance to the Republic. Commissioner
! Rollins Is conceded to be one of the
most pure minded and devoted of pub
lie servants. The fact that powerful
interest in the country embracing those
who make colossal fortunes out of swind-
ling the government of revenue has
failed to bride him from his duty and is
now Joined together with all Its wealth
to cause his removal, for the sake of
opportunity to perpetuate their unlawful,
gettings, IS sufficient evidence Of his
| purity of character. This gentleman
testified that the removals i'm the Inter
nal Revenue Department made by the
President, Were not beneficial to the
service; that few incumbents appointed
by the former administration. We're re-
moved for incapacity or dishonesty: that
their removal caused loss TO the reye-
nue. OF millions of dollars; that these