The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1867-12-03

.,ror,espcnaence OF tho Baltimore Gazette.
1,rcsiticnt's Messaxe-whnt III
II" ,,,ius-Thc Finance Question
'oustruc n-Thc Alabama
Hon. x. =. Walkers Fimnu-
~, Letter Decentralization of tho
,,p,icaus-Rrcvct Mator-GcncrnI
uarry. sc
WASHINGTON, December l, 1867.
-,c Presidents message coneratulatcs
,,,n,Tv upon the fact that the people
~, demonstrated their ability and will.
s,.> to take care of the Government.
mt 20 suffer demagogucs and bad
'. - rsrrn or DESTROY it. The Presidcn,
-.tn the late elections as confirming
ard3cnce in the honesty and patriot
~, ,tc masses Of the American people.
.y9Tc>>cS the firm conviction that the
'.,-E is safe. On the question of the
..,~r,, he approves Of the policy of Sccrc
..,~ NsCul!och, which is to continue
..sr,l contraction Of the currency and
~ ABSORPTION OF all lcgal-tcnderS, to be
.p,rd hv resumption Of specie pay
-.~t--hut without naming any time with
which il shall take place. On recon.
notion. the message defends the Prcsi
.r.> previous policy Of restoration and
~rcacc is made to the practical working
.,.r acts of Congress as exhibited in the
.u-c Government OF Tennessee as we'll as
s. @e State Conventions now in session in
hama and Louisiana. The message
-sr> 40 reference whatever to the i'm.
..,rrmcnt farce. The question of our
i'm, against Eagland is argued at some
18th, .ul firm tone is indicated in the
alter. Oar foreign relations in all other
-.,aga,S are announced to be in mos,
...hy and peaceful! condition.
Hon. Robert J. Walkers letter on the
sccc, argues in favor: First, of an i'm
iiatc resumption of specie payment by
r.an>u. foreign loan, so as to make every
-.ccuaack " equal at once to gold. He
attends that the policy of the Secretary
tie Treasury will ruin the country and
zee population. Secondly, he advocates
revenue tariff by increasing the
-sycgae from imports. This increase, he
attends, can be readily secured by re-
.aE the present rate Of duties, which
counts IN many cases TO entire prohibit
=, and in all TO a loss Of revenue.
Ue would reduce materially the tariff on
rc.tenths OF our imports, aud on the
her tenth make a Slight increase. BY
tbs means, Mr.. Walker contends, suni-
cent cryenue for the current expenses Of
,le Government can be raised. Thirdly,
proposes q repeal OF our whole system
Internal taxation, except the tax on
.orS and tobacco; and tourthly, q resto-
IN OF the southern States to the Union
q reduction OF public expenses to a
ace establishment. 1t will be remem-
IL that in 1863 Mr.. Walker was sent to
.-opc as financial agent to negotiate q
II, which ne did with the German peo-
e by plcdgirc them, under authority
ON President Lincoln and Secretary
Ease. ,hat the principal and interest
ail re redeemed in gold; and he con-
radS thai this pledge should be held in-
.oa,e.
Republican caucus has several times
u-n informally announced, but none has
f.. been held. The reason is simply because
n4r;v is badly dcmoraiiZed, and do not
nov what TO do. There is no settled
lcr among them, and they are afraid to
VI into q caucus and place themselves
r!a.tha party lash. The western mem
..-> are for grccnbacks 10 pay the bonded
tt:. an. the eastern men, except a few,
.-r II. consolidating the debt on . gold
o4.s. Then, negro suffrage bothers them;
.a3. woIs, Of all, reconstruction on Re-
t.jcau basis. They have also a pet Gle
ant IL charge in the Impeachment re-
IT, which they find very difficult to dis
pose OF. In word, there is trouble ahead
the party in power.
X IS reported that Senator Wilson will
.,.oGucc y Joint resolution directing
General Grant 10 annul or vacatc the brc-
IS Of brevcl Major. General Henry W..
srs, who was lately removed from the
rrimcn's Bureau at Goodman, Miss. 1t
81 rgcd that Barry procured his brcvets
aa forged letters of recommendation,
.-! that his conduct while in the Federal
nv made him infamous wherever he was
s-owu. At Paducah, Ky, he forced
.IS 10 pay the hotel bill OF his mistress
a gold, and there is now warrant out IN
S city for his arrest under charge OF
His baggage, which was left at the
National Hotel in this city, will be sold
morrow to pay a board bill now due to
ii PROPRIETOR Of that establishment. How
lav Bayrys were there in the Federal
any! IL