The Ebensburg Alleghanian. [volume] (Ebensburg, Pa.) 1865-1871, 1869-01-21


But let me return to the subject of the
approaching inaugural ceremonies. Aside
from the politicians, the ''gay and festive
have bright dreams, by day and night, OF
"hugely" enjoyable time. The votarles
of fashion are preparing for display OF
''toggery" such as has never been seen N
Washington. Terpsichore will be inau-
gurated to preside over the may dance
where 'fair women and brave men" will
make up scene of imposing splendor and
joyful mirth The extensive accommoda-
tions which the hotels can furnish have
already been engaged by associations and
individuals, who propose being in attend
ance. 1t will be day of forgetfulness of
sorrow for the past, and of bright antici-
pations of the future
| On Tuesday last, Gen. B. T. Butler, Of
Massachusetts,, submitted a financial
plan," which has becore the theme of
considerable discussion. 1t is not such
project as will commend itself to the calm
| judgment of Congress. He sweepingly
denounces a metallic currency as a relic of
| barbarism, and stigmatizes gold and silver
as the props of desPotism. He alvoeates
the withdrawal of the greenbacks, and the
issuing, in their stead, Of currency to be
styled certificates Of value" the credit of
which is to be based .pcn the credit Of the
Government but which the Government
! shall not be bound to redeem at any spec
ifed time ; or rather that they shall never
| be redeemed in anything that is now con-
sidered standard Of value. Gold aud
silver are to be ignored, and printed paper,
with the Government seal impressed there
on, is to be substituted. On the deposit
Of the United States SIX per cent bonds,
| by an individual or corporation, he would
hand over au amount Of these certificates
of value, less ten per cent, on which GER
| tifcates the borrower must pay 3.65 per
cent interest, to be charged against the
accruing interest on the bonds By this
process, he looks to the entire absorption
of the bonds, and the l.1ssible imitation OF
bonded debt of the couny, rsserying,
however, to the borrower the privilege Of
receiving back such amount of the bonds,
held as collateral by the Government, as
said borrower may desire, by his paying
certificates ofvaluc" for the same. This
is an imperfect outline Of part of Gen.
Buffers financial scheme, from an examin-
alton of which you may have some idea of
it as 4 1Chole.
Bills have been introduced and debated
i'll the Senate, incorporating companies to
construct railroads from Washington City,
as centre, to different points East, West,
North and South. These proposed meas
ures involve the constitutional right of
Congress to grant corporate privileges of |
this character. The friends Of this legis- |
lation claim, that Congress having the |
powe: under the Constitution to facilitate |
commerce between the States, has the |
power to incorporate railroad companies. |
The opponents, on the other hand contend |
that this prerogative belongs to the States
alone, and that the privileges heretofore
granted to such companies by tie States
would ultimately become worthless, II
Congress incorporate rival companies
There will be considerable excitement in
Congress, during the pendency of these
bills and much will be said pro and CON.
The House, on Wednesday, disposed Of |
the resolution extending the protection of
the United States to the Governments of |
Hayti and San Domingo. Several amend |
ments were offered to include other islands, |
among them Ireland" The resolution |
and all pending amendments were laid on
the table, by the emphatic vote of I26 to
36. A bill fer the organization Of terri |
torial government for Alaska met simi-
lar fate.
The Senatorial elections to take place
in several Of the States, on Tuesday, the |
18th inst, are looked for with ueep inter
est. As this letter will not be published |
before the elections shall have transpired, |
it were useless to speculate in reference to |
them.
There is general interchange of con-
Washington, on he auspicious selection of
Pennsylvania United States Senator
Gentlemen from other portions of the
country, who never before heard the name |
Of John Scott mentioned, make many in
quiries Of us who hail from the keystone
State, as to the character, ability and fu-
ture promises of one who has SO sud denly
loomed up from his retirement. | need |
not tell you of the proud satisfaction it af-
fords us, when We tiumphantly point to |
him as representative man OF the great
State of Pennsylvania. / tell these anx-
ious inquircrs, that they must not think
that our new Senator springs from an OBJ
scurc stock-that he is not the first of his
family who has represented Pennsylvania
in the National Congress. [ refer them
to Lanmans Co gressional Dictionary,
where they will be Informed that, forty
years ago, John Scott, Sr., the father of
our Senator, represented his District in
the House of Representatives of the Unit
ed States. They find Representative
Scott's term Of office commenced with that
of Andrew Jackson as President. of whose
administration the former was an ardent
and efficient supporter. OF the father of