The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-11-23
WASHINGTON.
WASHINGTON, Nov. e. 1851
ILL O'clock z n

Senatorial Views Of the Les ality efthe Present
Session Of Congress.
Thoprsvaing expression OF the views Of Senators In
dicasss determination to adjourn On Monday uata
Wednesday, and then until Saturday, watch day n
Is proposed 10 adjourn sine die The most Influential
portion Of this branch Of the national Legislature seem
considerable hesitation respecting the trans
acoa Of business during hs informal sessun there
fore nothing expected TO be done until the meeting Of
she regular session.
Sensaor Benjamin Wade consider the idea Of
questioning the legality Of tho additional session OF
Congress most egregious humbug He argues that as
the constitution allows An additional session, IL Is
OPTICAL with members TO determine when they shall
meet and how long they shall continue in session.
Proceedings or The House judiciary COM
miftec.
The Judiciary Committee held . session 70 day Gen.
srai Baker completed his testimony Mr.. Gilman was
also examined relative to letter already alluded TO
Is having appeared in the Maryland testimony. This
letter. 10 said, furnishes link in the evidence which
has hitherto been wanting, and completes the chain
which the committee have been engaged in follow
ing up
The Impeachment Questionable Judiciary
COmmittec's Report.
The House Committee the Judiciary viii hold
meeting tomorrow for the purpose Of agreeing upon
their reports on the impeachment case Representative
Wilson, OF Iowa. the chairman has written elaborate
report. Representatives Edridge and Marshall demo-
crats have. t 10 understood, reduced their views 10
writing. while separate papers have been prepared by
Representatives Williams Boutwell, and Lawrence The
three last named papers may be harmonized to
form but report OF the four members the minor
iy, who are In favor Of arraigning the President
What the report OF tho majority hree republicans
two democrats) will be this even matter
of conjecture. The question will DO determined to-
morrow.
Financial Measures for the Consideration OF
Congress.
There Is considerable agitation over . number
of financial measures proposed for the consideration
OF the House during the coming session. The
national bank interest is vigorously at work
in developing schemes continue this system while
those enlisted the popular side less industrious
Mr.. Kelsey, OF New York, has . proposition in view
which designs future day introduce to the
House. contemplating the entire overthrow OF the pres
ent national bank system Withdrawing their circulation
and replacing their notes with greenbacks Mr. Kelsey
proposes the withdrawal OF the present United States
bonds and in their stead putting forward loan
the Market to extend through period Of nifty years.
six seven per interest tax Of and half
per cent DO deducted from the interest
paid Mr.. Kelsey proposes to put with
this new flock eighteen hundred million
dollars and hundred millions be put in circu-
iauon the form OF greenbacks He proposes the
government should take up the national bank bonds at
their market value and let these banks greenbacks
instead or their present currency BY this means, he
says the government would be the gamer by eighteen
millions annually. He considers . sinking fund Of two
per cent win pay the debt in the time
TONED. II win take six years to put this
plan in motion, which, after being inaugu-
rated. will annually reduce the national Indebtedness
gradually and without any material effect upon the in
ierests Of the country. Mr. Kelsey is in favor of the
reduction Of all the of life, relying
principally upon duties whiskey. tobacco and articles
Of this character He strongly opposed TO any breach
Of faith by Reputation any other aunih
late the national Indebtedness through equally
dshonorable and unjust declares every dollar should
Do paid and the debt reduce d by legitimate means
Views of Messrs. Wade and sherman ReIa-
tive 10 Paying tho National Debt with
Specie.
ae specie Senator wade il ss state Of ri udsscn
He afraid to say what he shall pursue IN the
premises Bon Buffers financial design does not quite
meet with his appreciation, yet at tho he is
Averse TO Secretary hcCullochs plan OF retiring four
millions Of dollars per month, and would advocate in
stead the Of tho hundred millions OF legal
tenders which heretofore restricted by Congress-
Senator Sherman holds different view. He 10 DESTROYS
OF seeing the national debt qudated in coin and the
plan Of contraction pursued BY the Treasury In fact
mere muCn sentiment the radical
members the financial question.
At Wade alludes in indignant terms to the convorsa
ton which was recently published in q Western paper
concerning his political views He says . 'feIow'' |
called at his ONCE and after spending minutes
In conversation went homo to Cincinnati pubsbed
two columns Of his opinions which wholly
exaggerated and untrue and tho result Is he has lost
faith in the reliability Of Western scribes.
MIR. Stevens Prcpar Ing for the Congregational
Campaign.
Mr. Stevens presence in the House yesterday has not
been attended with any serious results ON bis health
but has set him again in motion. From seven in the
evening until his retiring hour he spends With his
rotary preparing large Geld Of labor he proposes
toprosecute.
Mr.. schenck's Army Pay bill.
Mr.. schenck's Army Pay bill viii not be introduced
Tor week two He has 1t stil in Of prepare
ton Tho object OF his scheme appears be Just
Tho present pay system Is only advantageous TO
those special duty. officers engaged in duties Of .
clerical by the present system receive
pepsa,on than in field fighting the battles OF
the country. Mt schenek proposes to do entirely
with Communication OF rations. fuel quarters. &c, and al
low per cent in addition TO officers salary in lieu He
designs increasing the present pay The plan
tempated is very similar to that in force In the
navy.
The Cotton Tax.
IL is generally conceded that Congress will repeal the
the cotton The Secretary Of the Treasury WILL
Monday. send to the Senate reply TO the resolution
calling upon him for any facts reports in possession
or The department that subject, and will ncose
port from Commissioner Wells In favor Of the repeal
General Grant's Report.
General Grant to-day positively declined TO allow his
report go to the public press condition that Il he
withheld from publication until read Congress- has
been the In the various departments OF the
meni, in order that the people may have the privilege
or reading the reports Of public officers national
affairs the time they being road in Congress
Secretary McCaIiech's Report.
Secretary McCuoch to-day vas engaged in the pre-
paration OF his report on the finances.
Departure Of chief Justice chase for Balti-
more.