Evening star. [volume] (Washington, D.C.) 1854-1972, 1868-02-06


army of sixty regiments; whereas, before the
war, an army of nineteen regiments
cost twenty two millions per annum
in gold. General Grants administration
therefore, cost less than half in paper money
per regiment what il cost in Buchanan's time
in gold. The same was true IN substance of the
Navy, and of fother ordinary expenses oftheCiov-
ernment-the aggregate of ordinary expenses
being this year ninety millions in paper money,
against seventy millions in gold, the first year of
Buchan ans administration. and tins with the
disadvantage at present of paper money, high
prices, and larger army and navy than were
maintained In Buchanans time. The extraor-
binary expenses Mr.. Blaine stated at thirty
millions for pensions, twenty five millions for
bounties and one hundred and thirty millions
for interest on public debt maxim z a grand ag-
gregafe of two hundred and seventy five mil
hons Tor the fiscal year, being one hundred
millions less than the expenses last year.
NEW FUNDING BILL.-In the Senate to.dav
Mr.. Sherman reported a substitute for the
funding bill previously introduced by himself
providing for the issue of registered and cou-
pom bonds of the United States principal ami
interest, payable in conn.,, and bearing interest
AT the rate OF per cent. per ann um, and bear
ing date 80 as TO require the payment of an
equal amount OF the interest quarterly; said
redeemabie in coin at the pleasure of the Gov
ernment after ten years from date, and to be
issued 10 an amount sufficient to cover out.
standing Obligations of the United States. other
than the existing per cent. bonds, and to be
exchanged for such OBLIGATIONS, and in such
manner, and on such terms, not less than par.
as the Secretary of the Treasury may deem
most conducive to the interest of the Govern
menf; and the said bonds shall be exclusively
used for the redemption or in exchange for the
existing securities of the United States; said
us a Sx m frnr fnN
Ii appropIiates out of the proceeds of the duties
On imported goods annually an amount equal
10 one per cent. on the bonds issued under
this act, which sum shall be reserved and an
nually applied to the purchase or payment of
the national debt. 1t legaliZes all contracts
mad. specifically. payable in coin, and strikes
out the provisions relative to a foreign loan.
NATIONAL CUIRENCY.-Int the Senate to day
Mr.. Henderson, from the Finance Committee,
reported the bill previously introduced by him.
self repeating the limitation in the national
banking bill in regard TO the amount of the cir
culatlon OF the national banks, and allowing
any banking ASSOCIATION depositlng with the
Treas urer the necessary securities to issue na-
uonal bank currency not exceeding - per cent
OF the par value OF the bonds SO deposited.
provided, that whenever the amount of
United States and circulating notes of national
banks combined shall be in excess of seven
buncred million dollars, the Secretary of the
treasury is authoriZe Zed and required to retire
and cancel as rapidly as practicable United
States notes to the extent of such excess mill
the whole amount of the United States notes
outstanding shall be reduced to two hundred
and fifty million dollars.
THE WHITE HousE-There was a large mum.
Der OF visitors at the Executive Mansion this
morning, many of whom had an interview with
the President. Secretaries Seward, Welles and
Browning We're with the President this FORE
noon.
CoLORED PERSONS FOR LIBERIA.-Mr
Irnmbull presented in the Senate to-day a
petition from one hundred and fifty colored
persons OF Halifax. N. c.. skiing an aDpropri-
alton OF one hundred dollars q piece to each
family. TO enable them TO emIgrate to Liberia
1 lie petition was referred to the Finance Com
mitee
RETURNS FROM ALABAMA, indicative of the
defeat of the new constitution, unless the time
Tor voting is extended by General Meade has
caused manifest uneasiness among leading rad
icais mere IL is stated this morning, upon good
authority, that General Meade telegraphed
General Grant, to ask whether the time for
voting should be extended and that the latter
has replied by telling General Meade TO use his
own judgment, and to extend the time IL IL is
deemed necessary. Should the Radicals fail to
carry the election for the new constitution,
there is a manifest disposition among RepubI,
can senators to-day to press the vote on the re-
construction bill now in the Senate, which pro-
Fides that the majority Of votes cast shall be
sufncient TO adopt the constitution, at an early
day.
ACCIDENT TO SECRETARY McCULLOcH-Sec
retary McCulloch while leaving the Treasury
department at the close of business Yesterday
AFTERNOON, slipped upon the granite steps lead
ing out OF the building ON the west front. and
fell rather heavily upon his back, receiving
several very severe bruises. This morning he
was unable to leave his bed, but his physicians
think he will be able TO attend the Department
tomorrow.
DIcKESs will read at Carroll Hall this even.
ing, "Doctor Marigold' and the famous trial
scene from s'Pickwick.' This reading is SAID
by those who have heard il, to be in many re.
spects one Of the best of the series.
WAsHINGTON GAS LIGHT COMPANY.-Mr.
Ihayer introduced a resolution in the Senate
to-day, (Which was agreed to- instructine the
Committee on the District of Columbia to in.
qmre whether the Washington Gas LIght Com.
comply with any Of its provisions. or on ac.
count of the Inferior quality Of gas furnished
by 1t, and what further legislation is necessary
TO SECURE 10 the city the means of lighting n IN
a proper and suitable manner.
THE ACTION or THE RECONSTRUCTION Com
AlTTEE--The question OF Impeachment has
been revived by the johnson G rant correspon-
dence, and at the meeting of the Republican
members of the Reconstruction Committee yes-
terday, tits understood that there was a decided
of opinion that the action of the |
President in ordering Gen. Grant to refuse TO
the Secretary Of War constituted |
ground for impeachment. Messrs Boutwell,
and Bingham, who were appointed a SUBJ COM |
mittee TO take the matter into consideration and |
report TO the committee on Friday, had a pro- |
tracted session last night, and have been in con-
sultation for several hours to-day.
THE PRESIDENTS REPLY TO GEN. GRANT
The Presidenthas written long letter in reply |
10 the last letter of Gen. Grant published yes- |
erday, and the same was endorsed to- day by |
he members Of the Cabinet, who were present |
II the interview between the President and |
Gen. Grant. 1t is thought the letter will be |
made public tomorrow.
1NPEACHMENT CAUCUS An informal caucus |
of Republican members of the House was held /
his morning, at which it was determined TO
,ause the Edmunds bill in the Senate, pro yiding
Tor q course Of procedure in cases Of impeach- |
ment, to be pushed forward for speedy action |
THE REVENUE LAws.--A number of Intsrna
Revenue agents, inspectors and other connected |
with that Bureau, are now III this city giving |
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