The Republican journal., 1870-03-17
WASHINGTON MATTERS.
WASHINGTON. March H.
A DEBATE ON DAWES

a DEBATE ON DAWES
A spicy debate took place this afternoon in the
House, between the Democrats on one side and MIR.
Dawes upon the other. The Deficiency bill was
up, but received but little consideration. 1t was
all about what Mr.. Dawes had said upon the floor
as to the estimates Of expenditures in his famous
speech when the Legislative. Executive and Judi
cial Appropriation bill was discussed some weeks
ago. Mr.. Cox of New York. charged that Mr..
Dawes made speeches last week in New Eamp-
shire that were not in accordance with the famous
speech in the IIonse. He said Dawes was troubled
with conflict between his morality and his poll
tics. and like Il certain Oriental individual, he had
swallowed himself leaving the spectators in the
dark. Mr.. Dawes denied that he had made any
speech inconsistent with his cnunciations on the
lloOr, and he was now satisfied to stand by what he
said, as ii appears in the Globe. Messrs. Beck,
Marshall and Voorhees, on the Democratic side,
took part in the debate but Mr.. Dawes was the on
lv Republican who responded.
THE FUNDING BILL.
The Senate had laborious session to-day. of
eight and a half hours continuously, upon the
Funding bill, which finally passed by 81 to TO- At
one time it seemed that Mr. Wilson's amendment
would pass, the sentiment appearing to be general
i'll favor of the long time features of the amend
ment. Very little of thorough study and practical
judgment as to the theory of long and short bonds
evinced by those who took part in the discus
sion. Senator Wilson came nearest to stating the
reasons that govern capitalists in making invest
ments, but even he failed to give the main consd-
Grafton that determines investments i'll long bonds.
1t is known that the tendency of the rate of interest
in solid and welle Established government is down.
ward; and upon this theory. thirty years hence
say, u bond of the present day drawing ) or II
per cent. would probably be most desirable prop
erty as per cent. will then possibly be the highest
rate for good investments i'll this country. The
bill now goes to the House, and there will he dis
cussed even more at length than it has been in the
Senate. since every one of the members appear to
have his own peculiar ideas on financial matters.
A PAPOosE CADET.
Not to be outdone in magnanilnity and as an of
set to Gen. Buffers appointment of Il colored boy
to a cadctship and Mr.. ProsScr's proposed an
pointment Of another colored boy to be selected by
the colored men of Nashville, the Hon. Richard G.
Mccormick, delegate from Arizona, has signited
his intention to appoint a cadet to West Point and
is now searching for lively papoosc to place in the
armies againstthe troublesome men of his own race.
A PRESIDENTIAL MESSAGE.
The President is preparing message upon the
therefor, which he intends to place before Congress
prior to the 18th inst that being the day fixed for
discussing the bills upon the subject reported from
the Committee on Navigation Interest In the
main, the Presidents message agrees with the re-
commentators made by the Committee in their re-
port, and he urges action by Congress at an early
day.
INTERESTING TO SlHPBUuDERS
The delegation of builders of iron ships appeared
before Mr.. Lynch's committee on Monday, and pre-
sented their case. After a full hearing, il was
agreed so to modify the bill already reported as to
remit duties on steel and iron without regard to the
amount used per ton, advanced no farther than
rods, bars bolts, plates. beams, and fOrgings The
time fixed for such drawbacks is ten wears from
July next.