New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-03-01

morning we published the dispatches OF
our special Washington correspondent
containing the information that the vote
on the impeachment resolutions would be
taken on Monday at five O'Clock. Accord
ingly on that day the question was put in
the house of representatives, and the resO-
luton was carried by vote of l26 yeas to
AZ nays The senate has since been for
mally notified of the action Of the house,
and the proper order taken for the trial OF
the president upon the charges to be pre-
ferred by the house.
General Grant after having carefully cor
sidered the causes which led to the removal
of part of the New Orleans city council,
has finally directed the orders making the
change to be set aside. At the meeting on
Tuesday night, therefore, beth boards will
be composed of the old members. At the
time of this partial dissolution of the coun-
ell, several important matters were pend
ing. Among the chief of these was the inves-
tigatiOn into an alleged payment Of eighty
four thousand dollars, not emily without
authority Of law, but contrary to decree
Of the supreme court OF the state. We
hope the special committee to whom this
case had been referred, will now look into
it at once. If SO great wrong has been
committed, the sooner an attempt is made
to recover at least part of the money the
better. And If ii shall result that the pay
ment can be defended on any just grounds,
then the matter will be suffered to rest.
There is an important financial scheme
before the council locking to the funding of
a very large amount of city notes. There
can be no doubt that even this plau will be
a great improvement over the present
wretched financial policy Of the cor
poratiOn, although it is not the proper
way TO solve the difficulty. 1t only trans
fers to another day the payment of debts
long past due, and in reality provides for
loan at the rate Of seven per cent interest
for which nothing will be received into the
city treasury. Yet city money is now at
such a heavy rate of discount that it is alb
sOlutely necessary to provide some means
TO retire il from circulation. Of the two
obvious ways by which this result can be
accomplished, it seems to us that the coun-
Gil has proposed the one having the most
objections. Yet the people will not only
be satisfied but feel grateful if they are
relieved Of the great evils resulting from
the present excessive issue of municipal
currency.
The labors Of the convention have been
Unexpectedly protracted. Our reports
this morning show that one hundred and
forty sections Of the constitution have been
revised. This leaves only about twenty
more to be acted upon. It is probable the
whole work will be completed and an adj
journment sine die carried early this week.
Pending the completion of the constitution,
but little except organization has been
effected in political circles. The Repub-
lican party is well organized in the city,
and ready to make full nominations at the
proper time for all the Offices created by the
constitution. We hear from the country that
they are forming clubs in every parish. All
the indications point to considerable ac-
tivity in the coming election. At least it
appears to be the determination of our
friends that the election shall call out
larger prOportionate vote than was re-
Gently cast in Alabama. The amendment
to the reconstruction law, which we publish
in another column, sets at rest all doubt
about the power Of tho convention to order
an election for state and other Of
flcers on the same day the vote is
taken on the adoption or rejection Of the
constitution. This amendment is not yet
law, however. It may be vetoed by the
president any time within ten days from its
passage, in which case it will be imme-
diately repassed by both houses of con-
gress; or he may keep it beyond the ten
days, when it will become law without
further action. 1t is quite likely he will
subject it to the greatest possible delay in
any event.