New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1870-02-22


The Special Committee on American Commerce met
THIS mcrung Mr Buuton in tho chair, to hear gentle
Interested in the establishment Of American steam
ship lines. Quite a number Of gentlemen present.
Mr. James WadswOrth Of EewYoTk addressed the Com
mttee at length, the representative Of combination
Of railroad maritime and ship building capitalists, who
have united IN this enterprise. Among those present
represented. Messrs. John Roach, Morgan Iron
Works; #. f. Rowland, Continental Works; c. g. Bush.
nell. Union Pacific Railroad; Thomas A. Scott Penn
sylvania Central; j, r. Tracey Chicago and Rock
Island Road; Isaac Buckalew, Camden and Amboy;
Geo. NJ. Pullman. Palace Car Co., Chicago; Capt Town
send formerly Commander OF steamship Fulton; ". NJ.
MCPHERSON, ST. LOUIS; and Mr.. WhilOck, Of the New
York aud Havre Packet Company nesSrs. Jegett and
Steiner OF tho Mediterranean and Oriental Steamship
Co.. also in attendance, hut not heard Mr. Wads-
worth, in his argument for liberal Government subsi-
dies in aid OF the establishment OF American steam
marine presented the idea that the circumstances were
exceptional stcam iron, and the civil war; having been
tho causes Of the present Illuminating and degrading posi-
tou Of our mercantile marine, the TWO first having
brought about change which tho civil war had pro-
vented our preparing for. II was argued that the
sacacious selfslCFs az both the British Government
and their capital Rad taken advantage OF these cir
cumstauccs md thus obtained possession OF the Held as
t. render 10 Impossible induce American capital 10
enter iuo competition unless certain that the General
Government was ready TO stand behind them rs those
Of Great Britain and France had been and were in similar
efforts. 1, urged that 70 aid the putnS OF oicet
mail steamship. The ocean was matter OF wise econ
omy and iuditous expenditure, the cost " which was
Tot 10 he set down 10 the postal service. but horne
reasonable means of providing for the public
def,uso, well as establishing that great
commerce without which 30 nation could he
truly powerful ana prosperous. The determination Of
Great Britain 10 support and maintain Their virtual
monopoly Of the Atlantic was pointed as reason why
individual capitalists could properly maintain com
Tod tstat ba T1rtu,.
II was urged TIA ile Post ONCE Department ought NOT
t. De made stalking orsc beast Ui burden for ,nrh
movement Int loicy, liberal as that ADOPTED for
railroads. ought ud It's counterpart IN tins matter OF
ocean mail fcryico and CONN cree. RAND distribution
was necessity OF almost unlimited production, ana
the 10000 miles Of railroad, al running 10 the
sen, should fra then continuation ana feeders
in efficient lines " American sleanships. Mr.. John
Roach presented what aid lie ooemed necessary 10
enable The PERSONS interested 10 set aRoa line " hT
class Transatlantic steamships il world take u ships ID
compete successfully with the Cunard ana lnman iineS
These wOIld cost, with necessary "harVcs' &C.
81 NO Oo II the Government loaned one-hs the o,h'r
wond be raised per cent interest be paid On thc
loau ana a mortgage executed ON the ships, &c, az
security, repayment 10 BIO made Ivy with
holding annually certain portion or The ocean
postage Ue paa the Company the vessels used to DO
constructed under naval inspection, and arranged Tor
irc by tho navy ~ time oi sucn Ia substance wac
the Committee that tins proposition perfectly iniG-
Missile. T'cy oo1h not present, nor would Congress
consider, such proposal The Committee viii meet on
Thursday Friday evening IoNt " hear other parties
aud will then consider then report
In amt ON of al cno:t being made IN the House,
0.day, 10 adopt a resolution c&tcndInc the time for
taking WHISKY out OF poud. the Ways and Means Com
lIttcc, at tncr meeting this morning.. agreed Upon
OH which they instructed tHcr Chairman 10 report as
substitute fOr any measure which iHigIt ee offered,
extending the tire for taking whisky oUt Of bond from
,ne TO three years with provision requiring AL spirits
Kept bond after year pay tax Of per cent per
gallon for any period aitcr that time.
On the attn proxmO i5,5OOO0o Will be required TO pay
the semiannua nstallment OF pensions falling due NJ
that date. This viii lie forwarded 20 the Pension
aEents throughout the country and will reduce the cu-
yeEcy balance On hand to very small amount in conse-
luencc Of which II is probable that but icS bonds VIII DO
purchased for ts sinking Fund during the next month
and none t. he'd subicct the action Of Congress
The annual interest the TenFory bonds. amount
Ing 20 S32sOOo IN COIN falls due on the lst proxImo.
Secretary boutwell, is pursuing the clam agents who
have derauded the Government Several OF them have
lust been arrested in Cincinnati on the charge
of fraud in bounty claims one at VicSsDurgh
has been convicted OF the ofcnsc, ana hned
s. 900. At Nashville several Of these agents
have been detected IN negotiating forged Endorsements
and fctltious powers o. attorney. Judgments have
been obtained IN the United states Di7tr Court, aud
the Judgments satisfied by payment 10 the National Bank
N Nashville It allowed that tuis has established the
liability OF the banks through which bounty checks and
certificates have been negotiated.
GENERAL PEHSs DIsPATCBl
The President sent tie following n0minations TO tho
Senate to-day: ~
Coor.r n. Hand Of DAKOTA 10 he Sec.isrt o. uaiots
Pstobedor Stwlhmps blr" 10 10 uHti States Consul
1undobI
Ecn Reynolds las officially notified AdjutantGen Town
send thr IL gsarc II Texas bas Tailncd the I'M
tcenth Fourteenth, anu IltceI t Amendments 10 The
Constitution.
ILNIIEn SlAIL-a 81 lpEME CNLIRI.