, 1873-12-22
Secretary Richardson ncccics from
Ills Position Regarding III
creased Taxation.
The Revenue Of the Fiscal Year
Larger than Estimated.
Investigation of the Affairs Of Subsi.
died Railroads.
Gen. Julius White..-Judge Cation on tho
Postal~Tolegraph Scheme.
Spctfdl Diapafch 10 the Chftnao Tribune.
TIE Doxps OF 1868.


opeefd' Diandteh 70 fhe th'can" .,nn 1f'o"'e'
,r...-..,--..- THE noSns VI r. i'oo. ,.
:, WASHINGTON D'o', Dec ]l'-1ho oecio.1}yol
mo Ifeaas Is aansno .''at 0s ioaaa IT.,
ci1ancin, them for tllo now & per conts and That
voyv i;tt1o co,,, viii In nscd Inv t1,at nnrnoso.
,tS,a ~ a,,,.,t 1.a,,taa. H., 49, ,,,,,,,,,,t, for
ahere is II sneht aa'ant"so III oSon""s'"s r,. rot
tho per conts. aa tito 1nnrkot now 6tandB. Tho
old bonds woro considered good Investments,
and vcrv fcw ho1dcva dosirod tn mari with thc1n
~, ,,, tort,a wifi y ,voa rronoac1 to oxchanro
-" ""5 .ol'.e' ~ w. tt,' u..r,. - r.
tno pof centa 1or tnoH1' tAo oecEo1slS VI tle
Treasury received dispatches yostorday from
Loudon bauxinu-louaos IN New York doing
business IN foreign norts, to tho effect TINT tic
forn;s,, ,,,,,o~. % toao ord oro ,v;,,;ro n NJ.
eept tho exchange: Ho Inns also rcceived aavlces
from resident OF Now York who lloldsthcao bonds
to tho vnl,to of s2O0, 900, indicating uesra for
cxchnnro bcs;dcn others in various parts Of tic
country and fools conl'!'ont s1at tho small do
maha 1or com feaonptioh eannot prove en'oar-
raising iu the 1eaat to tho Treasury Department.
Tho amount Of gold IN the Treasury is put at
s55, 600, 600. of which 26,0oO,OOo will DO ro-
,,,;naa ~ 49,, ,,,a.a.,, ;,,to~o.t ~, to rut,io
9u,,eu TO phy luaf.oils l.o.ost oa 'nv III, t1Do
debt on tho lst pro9lmo: TWO wooks WILL DO re-
quIrod in which to pay tho interest.
RESOURCES OF THE GOVERNMENT.
sccrotnrv Richardson aecrna to layc ta1son
,xea a tot ot t' so u nm mn Au ~"
t1oo1 eo"i.ov' ~ 14o o"5o 'a"s WV ]No'ooo'uoo
maining Of tho currency reseryo now in his
hands will last till May next and ho is UNDER
STOOL to bo Mt present of tho opinion that tho
viows of tho Ways aud Means Committee as to
MI carly increase in customs receipts, Which
will put q better face on tile affairs
Of hin department, aro reasonable, and
Justified by tho present status of tho business
| In tr,otr that t,nu
duccd this change In his viowB unless 1t be that
ho las given within week. that study to that
auhjcct which lle ought to lavo made boforo lo
demanded increaBed taxation.
Tho announcement Of the election Of Booth
to lilo United States Senate from California Is
received by all friends Of Reform llero with great
aatistaction. II 2 good man il also choae! for
fair opportunity to have railroad frn,,s inyesti-
gated, especially those alleged against the Cen-
tral Pacific, III tho now Senator will bo put in
committee to bo constituted for that pnr-
po7o saean who cn,so;s + 81 esTnt so the
said to have been elected by the rnciho hlnii
Steamship line. which is indentical with the
Central Pacific Railroad. ItiB expected Of him
that ho will always provo IN obstacle, to the ex-
tout Of lis ability. to Investigations Of tho
! atrairs OF tho corporations which elected
| him. During all of his long service
| iu the HouTe, his course was mark cd
by great zeal in advocating land grnnts
| to railroads, increased aubsidies to steamship
lines. md especially that to tho Pacitlc Mail
nude two years ago.
1NyEsT1oATiSo SUBSIDIZED RAILROADS..
| h1r. Luttrel ono Of tho new1y-elcctcd Repre-
| sentatiyes from California, has been cnlcavor-
ing over since lie was sworn in, to aecure legal
aclion to compel subsidized railroads to fulfill
their obligations to tile Government as laid down
III tho ID VS. under which their grnuts wero
secured On several occaeions be ns intro ,
that subsidies to q given value in each caEo were
granted to tho Central Pacific. Kanaas Pacific,
Union Pacific, Central Drancl, of tho Union pa-
cilo. Western pactc; and Sioux City & Pacific,
amounting III all to over CO., ,000, 900 tlat the
! roatls lnYe agreed to nay back these advances,
with interest, the Government holding second
mortgage on the roads as security; that
thoy have. up to this time. refused
The United States las advanced for these Com
panieH over $40, ,OD0 600 in tho way OF interest,
while about 81. .20o.000 is now duo and unpaid
and dir getting the Judiciary Committee to report
T. bill authorizing and requiring tho Attorney
!, General to proceed against the said
rondB to secure immediate payment OF
tho accrued aud the ACQUIRING interest,
On every 0ccasion that this resolution lns bce1,
iicnn mombor-syphor at one timo, ind May
nard tho last ti,ne-eo that it has been impoes,.
bio to torco it to consideration. There will
however, be no relaxation of effort on tue part
OF tllDEe interested i'll tho matter to haVo 1t pu
fayorably before tho country. and Luttrcll vii
continue to Introduce tic resolution whenever
opportunity offers.
13y some means, tho impression has beer
created that Ben Butler has made up his mi,,i
to Join tho diBt,11bers and have an Investigation
or railroads. Tho report is given for what it il
worth. Personal ambition may dictate such
eourao as advisable. II the report, proyot
correct, . o will greatly ,.asa ostonia 81 II, IT,,
stato some service if he work.
in earnest. There is considerable apprehension
nmong raiiroad mon in Wow Of these threatened
Investigations. aud they pretty gonoraly con
demn Undue inauisitionB in congressman AM
tho press.
: GENERAL JULIUS WHITE,
of Chicago, Minister to the Argentine Republic
. South America. liz left Duonos Ayros oyor
} month ago, being sltmmoned homo by the i'll
ness Of Ills son, since dead, but o
whoso domise lo was not made awar