The evening Argus. [volume] (Rock Island, Ill.) 1861-1871, 1870-04-16
LATE NEWS -.

NEw YORK, April l5.-Good Friday is
being observed today as holiday in fnan-
cial and commercial circles in this city,
more generally this year than ever before,
while the Government Offices, banking in
stitutious and counting rooms will haveito be
keep open, as the day has not been made q
legal holiday. The Stock, Gold, Produce
and Merchants Exchanges and the Board Of
Cotton Brokers have resolved upon the OBJ
servance Of the day by suspension of the
usual business meetings.
Only ten men are now at work on the new
post office. The 100000 lately voted by
Congress for the work is nearly spent. To
carry the operations through to July at the
rate progress 10 now being made will require
$s00,000.
A Washington special states that the
Ways and Means Committee had under con-
sideration yesterday the Senate resolution
defining the time for the collection of the
income tax. The committee DO not take
the same view of the question as the Senate
have indicated in their substitute for the
House proposition, preferring the explans-
tory resolution passed by the House They
decided to non concur, and ask for a Com
mittee of Conference. In regard 10 the con.
tinuance of the income tax for another year
or more, the committee don bt whether 1t can
be carried through the House in even
modified form. Petitions, memorials and
letters from prominent individuals TO mem
bers of the House are coming in from al
parts of the country, urging an entire abro-
cation of the income tax.
The New York Tribune this morning says
that when the Mcfarland trial shsll have
been concluded, it shall ask attention to the
tar rb.li la ha
ted to calumniate ladies' who are not legally
charged with any ofense, without the
shadow of excuse, and without ipcurring
that the eulogistic obituary on Henry J.
Ray ymond, which appeared in its columns,
was written by Mrs. Calhoun.
Capital to the amount of $1,000, 900 has
been subscribed in this city for the purpose
of erecting tho Crystal Palace for the sp-
preaching International Exhibition in this
city.
WASHINGTON. April l6.--Representative
Churchill. Of New York, was before the
Ways and Means Committee to-day urging
a reduction on the duty of Canadian wheat
to ten cents per bushel. His object, he said
was TO mix the best class Of Canadian wheat
with our wheat, and thus improve the latter.
his suggestion.
The representatives. of the iron and steel
interests are here in large force in snticipa
ton Of reaching those articles in the Tariff
bill to day. The contest IN the House over
these articles will be very bitter.
Another caucus of Republican Senators
was held this morning, TO settle the 6ght
between Senator Cole and Secretary Cor
ham. Speeches were made by Messrs Sum
ner, Stewart, Nye and others, all eounsehng
peace. 1t was Ascertaiped by Mr.. Cole and
his friends that q majority of the Senators
were opposed to the removal of GorhAm,
and resolution was offered and agreed to,
| referring the matter to the old committee
for adjustment Mr.. Cole has intimsted his
willingness TO leave the matter to the decis
ion of the Senate.
1t is expected that there will be q sharp
ftontest to day over the amendments to the
George bill. The opponents OF the Bing-
ham amendment charge that the vote on
Williams, amendment was taken yesterday
when large number of its friends were
absent and when it was generally under
stood that no vote would be taken. A
Senator who has canvassed the Senate states
that there is q majority of eight against the
Bingham amendment. There is disposition
to set out the debate to-day until vote il
reached.
The banking and currency committee
have further considered the bill providing
additional banking facilities. The measure
is nearly matured, and will provide ample
means for banking in all sections of the
/ country. II is the intention of the committes
to make il as near as possible the basis of 9
system of free banking.