The New York herald., 1868-12-25

WASHINGTON, Dec. "a, 1868.

WASHINGTON, Dec. "a, 1858.
The Expected Legislation of Congress.
IL Is believed by q prominent member OF Congress
now here that very little legislation VIII be accom-
plisheo. the remainder of this session. Reconstruc
ton Indian affairs and finances are the three lead
ing questions mapped out for discussion The first
OF these WILL IN all likelihood be disposed OF; but IL
is in every way improbable that either OF the other
two can be settled before the 4th OF March. It will
be near the end of January before the Senate Com
mittee on Finance will report on the subject OF an
early resumption Of specie payments, and then an
intermnable discussion is sure to result, running
through a portion OF February. When any bill OF
this character before the House 1t Is easy to
realize what a prodgious pile Of speeches
win be heaped on top OF IL, consuming, OF
course, many days OF the session and put
ting the end OF argument further away than
ever Then it is contended there are great many
bondholders and bondholders' advocates among the
Members OF Congress- and that 1t constitutes vital
interest with them to oppose every measure looking
TO an early resumption OF specie payments. Men
who speculate In stocks and gamble In gold simi
larry concerned, and thus it appears we may look
for little relief during the present session OF Con-
gress.
General Grants Reported Opposition Ia
Pacific Railroads..
The double loaded editorial In the washington
column OF a New York paper this morning
purporting ito give General Grants views
on an old subject s not regarded as OF
any Importance here. Inquiry In the proper
quarter has developed the fact that so far General
Grants opinions on the Pacific railroads are con-
cerned the despatch in question lacks the important
element OF truth The Senator alleged to have been
present and whom Grant is represented as having
snubbed in first class style denies having been
present at any such interview and states that he
never heard General Grant speak on the subject
OF Pacific railroads. IL seems that Oakes Ames had
a conversation with General Grant some days ago.
when the subject OF the Pacific railroads Incl
dcntalIy mentioned; but General Grant says the pub
lished accounts are garbed. ana not only misrepre
sent him. but do him injustice. lie Is understood to
he opposed 70 any projects for railroads TO the
Paclnc: but he II in favor Of completing those now
under construction, and, OF course, favors the
cntlon of the laws passed by Congress granting sub
sidies what Grant said TO Oakes Ames has ev-
dently been twisted by interested parties into a raid
against the Pacific railroads, and II Is noticeable that
the New York paper which makes such display OF
inc matter has been urging Congress to withhold
ali further aid for the construction OF the roads.
The Gcoraia Representatives Opposing the
Proposed Reconstruction Of That state.
When the Reconstruction Committee meets after
the holidays II will be likely 10 nnd the 1eorga ques-
ton in somewhat different shape than when Con-
gress adjourned. when the resolution directing the
Reconstruction Committee to inquire into the con.
diiion or affairs Ia Georgia was offered IN the iIousc
it, author supposed that there was but one side TO
the case OF rather that only the radical side would
ask to be heard. Georgia, however unlike Virginia,
Mississippi and Texas has O full representation IN
the House and is now Knocking at the doors OF the
senate. The members 10 the House from Georgia
are decidedly opposed 70 having the present state
govenmcn. sec aside aud reconstruction under inc
military cupOMeucol Il n0to. II Is SAID thdt 0Ov