The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1870-12-05


cably adjusted. With regard to the new party and
! the revenue reform movement. MIR. Sumner thinks
1 y win not amount TO anything-at least he taxes
no stock In 1t, and will have nothing TO do with IT,
| Ne proposes to stand by the regular republican
l party MIR. Sumner has netted about eight thousand
| dollars on has recent lecturing tour. This, he says,
WI help to exc 9st ssuos.aterss tsr him. He does
] not propose to lecture any ni5fe, except an
occasional address In Boston. New YORK or Pna.
! delphia.
The English Mission Sill Vacant.
II Is stated positively, by person who Il IN po-
hluon TO know, that the English mission has not
oeea offered 10 any person since Senator Morton
| declined It, This settles the rumors which have
been going the rounds TO the effect that the Presi
Gent has offered 1t General Schenck. In CONVEX
sation with member OF the House today, General
SchencK said he would not leave the country except
| nc could DC convinced that 1t was essential TO the
pubic interest Tor him to do So
Minister Motiey,s Defence.
The President having pcremptorly recalled Minis
| Yer Motley as originally announced In the HERALD.
mat gentleman proposes to write letter for publ
cation, in which he will defend his course ~ Minis
yer OF tue United States 10 the Court OF ST. James
ne VIII show that in all respects he followed MS 9th.
c'at instructions to the letter. In respects he
acVeu against his own Judgment but being the mere
agent or tie government he felt bound
10 40 az ne was directed. Mr.. Motey's defence
which Is expected of early day, Will be published
In Europe as well as In this country IL ia said thar
ne VIII make some important revelations a. TO the
manner in which our diplomacy has been conducted
HIS friends who are evidently aware or the charac
ter Of the letter. are or opinion that It VII, he full
aud complete reply TO the reasons given for his
recall.
Lewis y. Cnmpbelps Seat TO he Contested.
General Schenck says that after the election
IN Ills district 1888 soldiers In the National Asylum
at Dayton, Ohio. signed petition urging him TO
contest the seat Of Lewis D. Campbell his successful
competitor. The General agreed to do this provided
lila friends would conduct the contest. He accord.
ingly served notice OF contest upon Mr.. Campbell.
He will not, however, take any active part in IL
! himself. further than 10 appear as a witness II
caiiediupon. He says he is not particularly anxious
TO serve another In Congress bur II his friends
succeed In establishing his claim 70 the seat he is
willing to occupy II. In this connection it may be
stated that Senator Sherman, OF ONO, proposes to
call up and press to vote the bill which passed the
| House last winter, cedng to the State OF ONO the
ground upon which the Dayton Asylum stands and
| which was ceded by Ohio 10 the United states
ut the lime the asylum erected The OBJECT " this
BIZ - 10 meet the decision OF the Supreme Court OF
OHIO TO the effect that the soldiers ia the A-vum
\
vote. Sherman is Of the opinion that this bill. should
II become law, win give these soldiers the rgni to
| vote, the same as other citizens OF Ohio.
+ Required Amendments OF Ihe Banking Act.
John Coburn, member Of Congress from ndianap-
oils, one OF the members of the Committee on Bank
ing and Currency, remarked this evening that there
was good deal OF dissatisfaction among prominent
bankers at the limitation OF capital u banks under
The new distribution, and that there would undouh-
eddy be 4 bill introduced duriag the coming session
modifying the law, so % to allow capitalists
| 10 invest 10 any amount not exceeding two
| millions OF dollars. 1t IA true TINT under the
| redistribution OF the currency quite . number OF
banks have been organized. with capitals ranging
| from s6QoD1 10 $500, 600 as the limit; out in The
larger cities especially IN the Southern seapofts
there ~ Just complaint against the limitation pre-
scribed and consequently there have been but few
banks established III that section % the country. II
| Is contended that the present banking system
is the most perfect equablc ever known In this
country. and that the securities exacted from the
organizers Of tanks does ju tify the government
In Quirng the security IL does for The circu-
lation OF the banks. There viii be proposition 10
| change the banking law lar 1T limits the
! amount OF capital OF banks. and also 10 pcrmlr
banks 10 their circulation for the face value
| OF the bonds r.quired Mr. CoDuin is in favor Of
| increasing tue circulation Of the banks. believing
thai pne business Interests OF the country demand
! such change.
| A New Republican Dortriae.
| Senaror Cameron is asserting, as new and fun
Garienai political, doctrine, that no State winch has
| gone democratic snail BE- hereafter recognized by
the President In ms outside official patronage and
| hence al the Offices should nc gwen ex.
! clusivev 10 republican States. This view OF the
situation creates considerable uncaslDcss ana COM
mcnJ particularly among TIE asplranta for the
Com mis sionersiip OF internaI Revenue ana other
VACANCIES m prospective. all the defcacd Con.
sressional candioareg are endeayorng 10 explain
The causes OF their discontinue, and many OF them
soace thenlselyes with promises which they assert
have been made by the President to take care OF
henl' II the President las made these pledges he
viii b. obliged 20 rurn great many ncum bents
to ina places for ths army Of uniortunates, whose
right 10 be permanently ed at tue public crib Is
loudly asserted
Disxrnceful iead Among the Ohiw Re-
pubiicaus.
The defeat ol General Schenck and the election Of
Roderick Random Butter were discussed In political
circles here two curious OF the late cleo
ton; one, the leader OF the republican majority OF
the House, tho other the most unwcIcome man to
his party. WHAT 10 do with Butler is giving great
uneasincss, out M attempt will BE- maze to nnseat
him In rDe present Congress, which will disquafy
hlm for 4 seat In the next. The defeat OF General
Schenck IS attributed TO certain ,mbrogio5 IN
tho internal revenue serv CO in ONO, whereby
General Yandevere was arrested upon charges OF
corruption, alleged ~ have Neea committed while o
collector or internal revenue. This arrest operated
largely disaect tbs soldier in Butler county
General Nandevere beng very popular with his old
army comrades. As 3 consequence they voted the
democratic ticket defeating General SChenck.
hr1In baVa yna.Y