Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-11-22
WASHINGTON.

WASUlNGTBS. November lg.-Ihe
Chairman of the Committee on Ways
and Means, who is here. 2apOHnced
that hc shall early press the consider
alton of the new tax and tariff bills
npon the House of Representative,
geayiEg the House 10 Judge rather
than the c8inmittee whether such leg
5siztion shall De pushed through ar
tai. session The bill to reduce into
0He get and amend the laws relating
10 internal isXcs Mas nearly perfected
AT tIsa last A.essiOn, and Is already
pending. It's principal object Is to
G-8dify into one act the Huany internal
revenue laWs and do away With the
conflicting constructions of various
sections. ThiS bis Hiil doubtless be-
come law, bat the fact of a tariff
measure Is more = H42ttcF ~ cOnjec-
Iure.
THE CONTEST IN Mississippi
Partt.s in Mississippi have been
mailing 4; the President and other
oticiels heEe, copies Of letter written
an 1864; nv AlcoFa, the Radical candi-
date Rf Governor Oi that State, in
which hc severely denOunceG John
sons policy 80 being too liberal t.
the South, and advising the people Of
his section To stand ~ mOTe rights.
Judge Dent left Washington this
morning TO meet AlcOrn on the stump
an Monday.
THE SUPREME GOERT.
Senator Drake, of Missouri, is in
the city, and has prepared . GiiI for
introduction on the first day Of the
81 ;siou, proposing 10 abolish all APP
pellate Jurisdiction Of the Supreme
Court iB 3ii eases alleged 10 be p0liti-
cal and arising under the recOnstrur.
ti0R laws, aud even going so far "a to
prevent dseision on the pending cases
which involve the eOnstituu0E3lity of
the legal tender law.
A NEW DEAL IN CHAIRMANsHIPs.
The subject Of the Craftsmanship Of
the committee on appropriations Of
alse Senate, made vacant by the death
OF NJ, Fcssenden, Is being discussed
here wifL much interest, on account
of itsimpOFtSSce during the approach
5ng session. 4 ca9cus Of senators VIII
tle held as soon As COngfasS assemblies,
and a revision Of the committees will
be attempted. The Chairmanship Cf
the SeHate Naval Affairs Committee,
lately held by Mr.. Grimes, j. also va
cant. II il probable Mr.. Morrill,, Of
Maine. who succeeds Mr.. Fessenden,
will fiji bis place on tlia appropriation
COMMITTEE, for the reason GlAt during
his previous term he was the chaiFman
AZ that Committee, aud that he WAS
50, ceeded a. such by Dir. Fessenden,
when the former sicrm expired. Sen
gtor Cragin, of New Hampshire, viii
,.Y,,.,ably succeed Mr.. Grimes on the
(agaI Committee, resigning his po-
.sition Ju lDe Committee of Contingent
Expensps. Senator Anthony is second
nn the Committee, but he already
holds one impot4bi Cbairmanship,
that of the Printing COmBi4tRf,
THE CIRCUIT JUD0EsHIP.
E.x-s Congressman Loan, OF Missouri,
has arri, ~ bayf as q candidate for the
United statss JHdgeship, embracing
the Circuit OF Missouri, iowa, Kansas,
and Nebraska. Iie Is indOrsa.l by two
Cabinet members. MessFs. BQ0t~cil
and UresWell, and by most Of the
Missouri Congressional delegation.
BANKING.
There j. every reason TO believe
that the Comptroller VI the Currency
will renew, ia his forthcoming annual
report, the proposition Which be sub
mitted To the Last Congress, through
he House Banking Committee, Tor
an increase of bank circulation, and
a e,,rf spending relative witdrawal Of
Ii(ty nilhons OI greenbacks, with the
substitution Of tour per cent. bonds
.ls the basis sf the National Bank Is
eues. lie arzus1 to The committee
ahat the bonds held by the United
states rs security for the bank elrcu-
IsfiOn, amounted 90 S352, 100000, for
which, an appropOrtiOn Of eighty per
cent. betWeen the capital and the cir
cuIation. miglt be substituted $751;
100000 four PSF cent. bonds; that
S475.aJ0. 600 OF kssese fOur per cents
would Ia ke up the whole sDlGHnt then
held as securities by the Government :
and that this sBlOunt would secure
the fifty million dollars circulation,
which. being sold for cash, would fur
nish fits million dollars in United
StStes notes, TO be circulated in lieu
Of the National Bank note, and would
give $l2, 800, ,0U besides to be used in
the purchase and cancellation Of other
Understanding securities. Most of
the Senators and members who are
isere agree that if four per cent. loan
Is i,l be fioated, the West is TO have
-, - more currency, although Senator
sThSheraaan, who is Chairman OF the
doinenate Finance Committee, expresses
.Thihe opinion that ihe rate Of interest
sol0n funding loan most be higher
flsan four per cent. lsasteFn men also
seelare that money Is 50 stringent in
cir seetion that the East yin never
eat 10 the proposed redistribution
currency. by which New Eng
I'd New York w'0lld lose, ae-
20 the bill which PsssRd the
OF Winfer but failed ~ thk
ense thirty millions Of Ma
eiKeElatiSR. TO be trans
West kRd the South
will urge the discus
g bin in the Senate
,eceSs.