Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-02-03
FRO1G WASHINGTON.
WASHINGTON, January 90, 1863.
MISSLSSIPPL

MISSISSIPPI
The Reconstruction Committee held
meeting this morning aud examined one
witness relative to 8siaiT5 in Mississippi.
The committee will next week take final
action upon the questions before them IS
to the admission of Virginia and Missis-
sippi, and also upon the resolution OF
Gen. Payne, OF Wisconsin, instruotiDg
the eanl laitfee 20 is4uIre into the eligi-
bility OF the Georgia delegation in the
House, that State not having complied
with the reconstruction acts. 1t is
thought the committee will report
against the delegation, aGd declare them
ineligible to their seats,
THE GEORGIA QUESTION,
Together with the avowed purposad OF
the Radicals to Gust the Congressnen
from that State, is discussed freely 10
political circles. The Democratic men,
Oers generally seem to think the Lagls-
lsture Of that State ought to authorize
their Supreme Court to take up forthwith
and deoiGe the case row pending where
a negro was clerk OF a county office, now
expelled theTefrom on account Of his
color, and to which action ne demurred
in the shape Of q civil suit. The con
structiOn the court would put on the
vexed question OF the political status of
the negro in that State, it is thought,
would go far towards harmOnizing and
settling impending troubles.
CAUCUS OF THE DEKOCR re MEMBERS
There was an informal gathering OF
Democratic mem bers Of the House, VINO
hsd free interchange of views on sew
eral matters of public policy, Among
these the proposition TO buy or annex
San Domipgo and Hayti was referred to.
There were few, but very few, who ex.
pressed themselves in favor of that pro-
jeet. Brooks, of n. Y, Payne, and others
among the msmbers, squinted st il, but
the body of the Democrats were strongly
opposed to the acquisition Of any more
negro Statea. There were other prOposi-
lions before the meeting, to which no
reference can be made,
GEN. GRANT
Gen. Grant has prepared his resigna-.
ton ss General of the Army, ana will
tender it TO President Johnson next !
week, on the day after the electoral vote
Tor President is counted ana declared by
Congress.
RANK FAILURE
The failure Of the Merchants National
Bank of Little Rock, announced yester- /
day, is a pretty bad one, with indica-
tions that Its msnag ement was charac- /
terized by extreme looseness, if nothing /
worse. II is said that depositors VIII /
lose heavily, and that s considerable /
amount Of Government funds are awal
lowed up Ia the smash, bat 1t is likely
that it has some security thai will pre- /
teot it lron entire loss.
THE CABINET
Gen. John CoehraDe, of New York, /
has been here in consultation with .
prominent Republicans. His friends 4
want TO make bim Attorney General, /
but by general consent thst pIsce is now /
mortgsged iu behalf OF John F. Wilson,
OF Iowa at any rate it is conceded that (
Mr.. Wilson is to have g place IN the /
cabinet
TIE NER PLAN FaR AIDING RAIL /
ROADS
10 view of tho fact that Congress Is
evidently to grant no more money sub-
ssdies in aid Of the construction Of rail- /
roads, those Immediately interested in .
them are nrepering 30 urgs the sdCFtiOD
Of the new principle CT extending Gov
ernment aid to those involved in the .
bill of Mr., Windon, Of Minnesota, to .
aid in the construction OF the Northern
Pacific railroad, from Lake Superior to
Pugeps Sound, which that gentleman in-
troducsd into the House on the l9th inst.
They thus abandon the policy OF direct
money subsidies or the ISSUE Of Govern
ment bonds. Iasteaa OF requiring the
issue of United States bonds, as hereto
fore, for which the Government hss no
security except second mortgage and
one half the compensation for Gov
eminent transportation, this pan pro-
vides that the United States shall guar
antee the payment Of interest only, on a
limited amount Of the bondsof the oom-
pany, not to exceed one half Of the esti
mated cost of the road which bonds are
to be secured by first mort
gage on all its property, to be- madt to
the Secretary of the Treasury OF the
United S ates the company being re-
CURED to pay both principal and interest
IS they become due.