The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-01-15

the Investigating Committee, but who wants to
have technical saving clause, in order to stano
Credit Mobiiier stock and has no business transac
tl0n whatever with the Objectionable Hoax. HOAX
believes some cSnre sent T.
who he Is he Is at q loss to say.
The Government Attorneys in the Credit
Mobilicr Suit.
Aaron T. Perry, of Cincinnati. appointed one OF
the attorneys to enter suit against the Credit
Mobilier to recover about nve millions, arrived
here this evening" and will commence the work at
once OF preparing the case. Stanley Mathews, Of
the same city, had been asked to act with Mr..
Perry but declines on account Of engagements
which will require Ills attention for weeks hence.
Mr.: Perry, being the first to accept, Will now be
consulted as to who snail be his associate. 1t Is
underst GOD that he will take part In the inveStiga-
ton OF Mr.. Wilson'S committee.
The Two Dodgcs Mentioned In tho Credit
Mobilier Scandal.
There has been good deal of lodging about the
Credit Mobilier and Union Pacific Railroad stocks:
but 1t was not Congressman william Il. Dodge who
was In the receipt OF large salary from the road
but Congressman Grenville NJ. Dodge, who served
here In the Fortieth Congress-.
secretary Boutwell, and the Issue OF
Legal Tcnders-A Lively Debate i'm Com
gross Expected.
The Senate Finance Committee having reported
adversely to the power Of the Secretary OF the
Treasury to reissue any portion Of the forty-four
million United States notes retired, will next con-
slider how the elasticity Of the money market may
be maintained without giving the control to one
man. The free banking system to be carried on
by depostlng i've per cent bonds for
legal tenders, appears to be Senator Sherman's
idea after the system in vogue in New York
before the days OF the national banks when 1t was
necessary to have plenty Of currency ito move the
crops" Mr.. Sherman says that the report of the
tn IN that NJ
Boutwell, has done, or simply that he exceeded his
authority, but he thinks the limit should now be
fixed by positive enactment Should the resou.
ton pass the Senate 1t VIII, II iavOrably reported
by the Committee on Ways and Means pro-
woke lively debate, as some Of the DEM
ocrats are wicked enough to intimate that
the reissue was made to make an easy
money market Ia electiQneering time: Secretary
Boutwell, supposed the Senate Committee on Fl.
nance would report his bill favorably permitting
the issue, II not exceeding nineteen Millions
whenever, in their Judgment or that Of the secre-
tary OF the Treasury, the exigences OF the money
SO put not to be. retired when the necessity
over the nineteen Millions while under the free
e mae Tne Mr.
Boutwell, in this matter, IN view of the fact that
ne expects to succeed MI Wilson, has attracted
ton with the statement that the President will
have no business for an extra session Of the Senate
poets to remain IN the Cabinet until next De.
cember. Others assert that II Is done IN the
ever may be the result both are jealous in main.
tanning the present condition OF affairs in the Trea
sury Department; 1t Is stated on the best autho-
the minimum Secretary Boutwell, or his successor
will be compelled to increase the currency balance
to eight or ten millions.
he Nc NJ I'M hin E1s~fso,, <h>
senate-Warmoth to Rake Up His Rec
ord-The Fusionists Amazed But Hope.
full.
The large delegation OF New Orleans merchants
who have remained here to look after the interests
Of Louisiana before Congress, were amazed to-
night when it was announced that Pinchback had
been chosen Senator by the Kellogg Legislature.
The name Of E. E. Norton formerly Of New York,
was fixed upon at the time Kellogg accepted the
nomination for Governor that In the event OF the
atter's election, all his influence should be thrown
for Norton. It is asserted that this was
also stipulated by Judge Durell before he signed
the injunctisns and other orders in the Kellogg
warmoth SUIT, and will form part Of the subject
matter for investigation by the Judiciary Commit
tee OF the House In examining Durells conduct
In addition to these influences money was to be
a muiattO was to injure any aspirations Pinch.
back might have. The KellOggtes reckoned
without their host for no sooner had rncnbsck
succeeding Kellogg. The friends OF Governor Nc.
Emery are highly F[atIaedd a. the turn events have
ator OF the fusion Legislature, arrives here the con-
test will begin in earnest. Mr.. Warmoth, It sad
tation Of grave United States Senator, and while
the Senate Is in the humor OF investigating charges
Of corruption ana bribery the aspirant rom New
Orleans for seat may find 1t still beyond his reach
Colonel Bogy Successor to senator Blair.
Colonel Bogy, who has been elected to the Senate
as the successor OF General Frank Blair on the 4th
OF March next, belongs to one Of the old French
families that were the nrst settlers in the Msss-
sppi Valley. He sympathized with the South at the
outbreak OF the rebellion, but made no political
demonstrations, and he was appointed Commits
dent Johnson. The Senate, however, rejected him,
as 1t had rejected the nomination OF Blair, and he
has since been an opponent OF the regular repub-
,icans at st. Louis.
The Massachusetts senatorship-Wilson
q Bar TO Boutwell,.
Senator Wilson refuses TO vacate his curule
chair in the Senate until the 18th OF February, in
which case, under the United states law reguat
ing the election OF state Senators, the great and
general Court of Massachusetts, cannot elect his
as unfavorable to Boutwell, whose friends are sore
about It, and as giving Dr. LOring more time IN
which to see what he can do to win the coveted
| SenatOrship.
Msrrilps Land Job Put Through the
Senate.
Senator Morrill,, Of Vermont put his new land
| grab bill through the Senate this afternoon after
four long dreary hours Of debate, in which all the
old arguments for and against agricultural colleges
were rehearsed, with some stereotyped twaddle
ABOUT the equality OF STATES, regardless OF their
size or their population.
Banker Who Likes tho Syndicate.
| Mr.. Morton, the senior member Of the New York
banking house Of Morton, Bliss Co., appeared
before the Committee Of Ways and Means to-day
and made statement on the subject Of the new
Funding Dill and the syndicate. He favored the
| one by which the conversion of the six per cent
bonds Into nve per cents could be practically car
] RED out