Lamoille newsdealer. [volume] (Hyde Park, Vt.) 1860-1877, 1867-12-11
FRoM WASHINGTON.
SPECIAL Dispatch TO THE BOSTON JOURNAL

WAsHIE6ToS, Dec. s. 1867.
Impeaehment having been disposed of.
there is now q clear field at he Capitol
for the discussion of financial topics. The
Senate will probably PASS the House bill
suspending the authority of the Secretary
of the Treasury to make any reduction in
the currency by cance)ing or retiring
United States notes. But as TO the pro
position to issue more greenbacks there is
much division of opinion at the other end
Of the Capitol,
In debate in the House late on Sat
urday afternoon Mr.. Ross, an Illinois
Democrat, proposed to substitute green
backs for National bank notes. In his
opinion eighteen millions 10 gold might
DO saved annually by conceling three
hundred millions of National bank cur
rency, issuing that amount of greenbacks,
and buying up that amount of 6 per cent
bonds He would then take the balance
of the National debt and issue, gradually,
from year to year, grecnbacks to redeem
it. He had been originally opposed to
making grecnbacks legal tender, but he
now regarded this as affording the means
for the payment of the National debt at
its real value.
Mr.. Elihu B. Washhurne. also from
Illinois, replied to Mr. Ross, accusing
him of seeking to dilute the currency.
While everything consumed by the labor
ing classes has increased in price since
the suspension Of specie payment 93 Per
cent, wages had only increased So per
cent. If the Democrats intended to make
the watering ofthe legal currency plank
in their platform in Illinois next fall,
they would find that the people there
would not indorso them.
The House on Saturday afternoon,
while in Committee of the Whole, distri-
butcd the Presidents message among va
rous committees, and there was quite
contest as to the proper reference of that
portion referring to the purchase of Rus,
sian America. A portion Of the members
desired to have it referred to the Com nit
mittee on Foreign Affairs, Of which Gen.
Banks is ckarmau, while others urged its
reference to the Committee on Appropria
tons 1t was finally decided to refer it
to the Committee on Foreign Affairs but
the contest will probably be renewed on
Monday.
There is a strong feeling in the House
against voting seven million in gold, just
now, to carry out the treaty, and ma
jority of the Committee on Appropriations
is thought by many to be adverse to it.
In this connection it may be stated that
there are good many rumors adoat IN
regard to the differences that prevail in
the Committee on Appropriations, as re-
Gently recognized, Mr. Thad. Stevens,
notwithstanding his i'll health. is present
at every meeting of the committee, and as
he is habitually cxtravagapt in the cxpen-
dture of public money. he does not agree
with those members Of the committee who
are for cutting appropriations down to
the lowest possible point. He makes no
secret Of his vexation because the Speaker
placed Messrs Washburne Of Illinois and
Blaine of Maine on the committee with
him, as these gentlemen have frequently
opposed his extravaganza in the House,
and will now doubtless seek to reduce all
appropriations to the lowest possible fig
urc.
Mr.. Thad. Stevens is also annoyed be-
cause the House has abolished the Special
Committee on Reconstruction. Of which be
was chairman, and it will probably be
revived.
Several Of the Southern States will
vote on their new Constitutions on Christ.
mas day, and if those Constitutions arc
adopted by the people, as they doubtless
will be, it is proper that they should be
referred to select committee.
1t is probable that the more radical
Republican Senators will speak at length
on the resolution offered by Mr. Drake
of Missouri censuring President John
son.
Lieut. Gen. Sherman expects to remain
here about month in conference with
Gen. Grant in regard to army matters
+ aud with the Congressional Committee or
Indian Affairs All rumors in regard t(
bis going into the War Department, oil
assuming command here, are sesational.
The whiskey ring is now counting on /
convention Of distllers, which is soon t.
meet here. to bring about the desired re
mcval of Commissioner Rollins. Mean
while that officer has no idea of resign
ing.
Gov. Hartman Of New Hampshire il
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