The New York herald., 1867-01-15
WASHINGTON
The Impeachment Scheme in
the House.
Ben Loan Charges the President With Being
Implicated iu the Assassination
Of Mr.. Lincoln.
Debate In the Senate on the Tenure Of
Office Bill.

&c. &c. DC.
WASHINGTON, Jan. IA, 1861
The Impeachment Scheme-Serious Charges
Made In The House by MIR. Loan Against the
President.
An unusual sensation created to-day in the House
by the speech OF Mr. b F. Loan, OF Missouri Mr. Loan
spoke in support Of the resolution introduced by Mr.
Keso, of Missouri, Monday last, declaring it TO be
the duty Of Congress to mpeach the President for high
crimes and misdemeanors committed by him. Mr. Keso
yielded the floor 10 Mr.. Loan for ten minutes Mr. LOAF
said in substance, that recent Developments have
shown that the assassination Of President Lincoln
not the act OF one misguided man, but appears
have been deep laid conspiracy The rebels, having
failed in their treason the battle field turned
their attention to the scheme Of getting Mr.. Lincoln
out OF the way that they might secure the
succession Of Mr. Johnson who, being a Southern
man and democrat, they expected would
favor the South After Mr. johnson was elevated TO
the Presidency he became willing tool OF the conspira
tors The way made clear for the assassination and
the bullet sent by the hand OF assassin who
urged to the act by rebel gold. Andrew johnson be-
came President and the price he paid for his promotion
was teachey to the republican party and fidelity the
party Of treason and rebellion. Mr. Hale of New York
rose to point Of order and ead that he understood the
the assassination OF Mr. Lincoln which he thought was
out of order The Speaker stated that in accordance
with the provisions Of the constitution, the House
Representatives could impeach the President and Mr.
Kelsos resolution preferred certain charges in support
OF which Mr.. Loan was in order IN stating
specific acts Mr.. Wsshburne, Of Indiana appealed
from the decision Of the Chair. with q view OF
asceraning the Of the House. but the appeal was
laid the table, and Mr. Loan continued citing cases
slleged psgrpstiop sn& Qesr acts Of hs President,
which he asserted we're SUFFICIENT reasons for his i'm
peachnent. He alluded to the speeches made at the
banquet the 9Th ns and said that the speeches Of
the President and Mr. Rogers, Of New Jersey distinctly
indicated the intention OF the rebels At the conclusion
Of Mr. Loans address Mr. Hale of New York. stated that
she gentleman had made post serious charge against
the President and he thought IL due TO the House that
Mr. Loan should state portion Of the evidence
which 80 grave a charge was based. Mr. Loan re-
Piled that he would give his evidence in good
time and in his own way before the COM
mittee, and declined to reply to any further
questioning During these proceedings the greatest in
tNrest was manifested by all in the House. Members
gathered around Mr. Loan while he addressing the
House. and those in their seats listened attenvey The
morning hour expired before the resolution offered by
Mr.. Kelso was disposed Of The charges thus made
sganst the President occasioned ripple Of excite.
ent in conversational circles this evening" and Il is the
opinion of many that Mr. Loan will nnd serious Diff
Guilty in sustaining them.
The subcommittee TO take testimony for the Judiciary
Committee tho subject of impeachment consists Of
Nessrs. Wilson, Boutwell, and Williams all extreme
radicals
Tho Secretary Of War; Mr. Stanton said to be sub
penaed TO appear before the Judiciary Committee TO
testify in reference to the charges and specifications Of
Impeachment.
Financial.
The Committee on Banking and Currency held meet
ing TO consider Randalls bill this morning After
time spent upon the subject, further discussion
postponed until another meeting of the committee The
bill establishes sinking fund for the extinguishment
of the debt (which is to be complete in hrysx years
by modification of the banking act 1t has been
tanned that there is but little opposition among the
bes Of the House to the BILL while the opposition from
the banks not great expected would be
the case.
The voting in the House OF Representatives to day
the resolutions offered by Messrs Hooper and Wilson Is
thought TO Indicative OF determination the part
of that body resist Mr. Hooper's efforts against the
further Of national bank notes. and also to limit the
power Of the Secretary Of the Treasury in the direction Of
contraction to 100000 per month in ALL compound
interest notes included sGszs.vSt-
The quarterly reports showing the condition Of the
about two thirds Of all the national banks in the
try. ls far as examined they are found 10 show the
banks generally in good condition. But while the law
ful money reserve required by the National Currency
net is we'll maintained tho loans aud discounts in the
aggregate are unusually large; and the Acting Comp
Hollsr Is requiring the bsnks 70 keep The twoahs
Of fifteen of 6h9 bali Il {werss per Sdht Of circuia
on in plain legal tender notes, further contraction OF
thsr volume Of currency circulation becomes inevitable
The banks have heretofore been allowed to keep COM
pound interest notes. certain extent a. the lawful
reserve for oil purposes and this change will compel
shem ose compound interest notes contract their
loans and perhaps both.
Internal Revenue Receipts.
The government income exclusively from internal rev.
snus sources Saturday the 18th inst, amounted TO
ss25 4os making total Of Sl7s ,1sA received since
the lst Of Jnly 1896 This leaves sloo 70 be
collected during the balance Of this fiscal year
peie the estimate made by Hon. David A. Wells, Com
missioner Of Revenue, his report the general
nue. recently transmitted Congress by the Secretary Of
the Treasury and $l0l 900 o00 to complete the est
mate made by the Commissioner Of Internal Revenue,
r. A. Rollins in his last ofciai report The low aver.
aSs Of daily receipts shown by the books Of the Internal
Retenue Bureau for many days IL no more than has
been experenced in this branch Of public revenue ai
this time in each year since the establishment OF the
present tax system, and need occasion no discour.
agement Branches Of manufacture in all channels
Of commercial trade, and all Industrial and agricultural
interests show continual enlargement and degree Of
activity and enterprise, according to the reports from
oil parts Of the country. which must give the public
ndence in the matter Of internal revenue From i'm
porant beneficial results in other respects there s nc
real cause discourasement In the present daily re-
csipts We have nearly six months before us Of the
present fiscal year. and with the fluctuations which char
soterzs this branch Of public income the excess over
ell the estimates may amount 70 s2oooo,ooo, or even
900 by the end of the year. Last year the ex
the highest estimates was At least $26
over the lowest sss 100000. Az to the increase Of the
exemption list in the law OF July l3 1860, the return
would seem indicate that decrease Of receipts need
be apprehended from that cause to any great extent af
the effects Of thai legislation are perhaps fully sompen
sated for by the Of trade in certain other chan