New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1867-01-21
nnnonrlnrS ar WASBING row


Tho leading friends in Congress Of M
tonal Bankrnpt Law are entirely confident that
the bill C1lr Jenckes's) which has already paS'cu
the House, viii soon pass the Senate. as "
viii have been considerably amended IL must
rct,rn TO the House for concurrence ~ the SCH
o+o.s amendments; but it Will not fml theie'
Unless vetoed by the President-anu no reason
unless il be the force Of habit, Is suggested lor
such q yeto--we shall be able to congratulate
tho country on the passage of q good bankrupt
Iov, before tlIe list of March. That law VIII
oraancinote at least One Hundred Thousand OF
49, cnnntrvmcn from hopeless thraudom, ena-
H.. tbom onco more to earn bread for their
fon,;Iea and contribute sensibly to the increase
~ orr National wealth, Hasten the ausplcionS
day! ,.-,.~->@--' {. = ="
The massage of a very fair Tariff bill-in
sub.tance. the House bill Of last session As
amended by the Finance Committee of the
senate--seems almost assured by the evident
indispostlon of Congress to contract and apprecl-
ate the Currency. Manifestly, we cannot persist
In importing largely in excess of our exports, ana
staving off the evil day Of payment by send
ing abroad some S2OO,OO000O per annum OF
bonGs-mainly those of our GOyerDment-whch
wo sell for sixty up to eighty cents Oh the dol
lar. Somehow or other, this must come to halt;
and as the solid mot stolid) North West opposes
and prevents Resumption of Specie Payment,
for the present, it says; but its logic plainly
condemns and dcpreCates Resumption ut any
time whatever,) 1t is morally impossible that the
enactment of higher Tariff should be success
fully resisted. True, some two or three score
of Members who zealOusly oppose Resumption
"a zealously oppose Protection; but their re-
puonanCe to Resumption is powerfully helping
ia to Protection; and we thank them for the
good they do without intending it. BY one
means or another-through wise legislation or
through National insOvenCy-we must stop buy
ing moro than we can fairly pay fort and this
is every day more widely realized. We hope
to chronicle the passage of pretty good Ialllf
bill by the Senate before the ist Of February
Should the President veto the bills admitting
the new States of Nebraska and Colorado the
former will pretty certainly, the latter probably
DO passed over the veto.
The idea Of impeaching and removing Presi-
dent Johnson has more strength in the House
than we had supposed, and seems 10 be
gaining supporters. However, it IS not likely to
DO defDitivcly acted on at the present session.
All manner of Mexican jobs and projects are
hanging about the Committce-r0oms and look
inQ IN at the Hobbies Of the two Houses-one
of them proposing modest loan of S5OOOOOO
to Juarcz whereof so much as S20,0OO,O0O might
and might not-gct out of Washington; and
there il an Ortcga loan of like amount lying
around loose but it is quite unlikely that other
of them will ever get launched in the shape OF
a LiU IL 25O OO1 0OO wore lcnt to Mexico by
our Government, her military banditti would
doubtless have good time while it lasted; but,
except these bonds" there would he no trace
of il in existence next year.
AS TO Reconsuction-bu that /, too grave
a matter 90 come in at the heel Of other topics,
and must have an article by itself.