The Portland daily press., 1873-10-13
WASHINGTON.
Ex-senator POmerOy Shot.
EA.COngreSsInan Conway the As
SaSSlM.
The Wounds but Slight.

WASHINGTON, Oct. IL -Ex. Senator Pomeroy
had an alteration onsthe street, near Wizards
Hotel, this afternoon with ex-Representative
M. f. Conway of Kansas, who fired a pistol
shot at him.
Pomeroy was Immediately conveyed to his
residence. The wound is not supposed to be
fatal.
Later-The doctors have made an examina-
ton of Pomeroy's wound and pronounced it
simply an abrasion. Pomeroy says he never
had any controversy with Conway, and has not
the most remote idea of the cause of the at
tack. Pomeroy says Conway met him few
days ago, the first time in about two years, and
said abruptly, Il am out of money" to which
Pomeroy replied, 81 know, then, how to appre-
ciate your situation, for l am nearly in that
situation myself" This was all that passed
between them at this interview, and to-day not
a word was spoken before Conway commenced
firing, surprising Pomeroy more than anything
that ever happened to him before Pomeroy
was emphatic in stating he never had any con-
troversy or ground for difficulty with Conway.
On the contrary, he says about three years ago
he and Senator Sumner got Conway's wife
clerkship in the Treasury department on her
representation that her husband would not
support her. Subsequently, says Pomeroy,
Conway tried to trustee or draw her wages at
the Treasury department and failed to accom-
psh it, but he (Pomeroy) had no controversy
with him on the subject or any other. Conway
is native of Baltimore, Md, a printer by
trade, studied law and emgrated to Kansas
anu look part III Tue early Struggles UDat
Territory as Free State man. After serving
as Cou nty Judge for while, he was elected to
Congress as the first Representative of Kansas
Al The end OF his term be was appointed by
President johnson Consul at Marseilles, but
was removed by Grant soon after the latter's
Inauguration. He has been living in this city
several years ard during that time is not known
to have participated in Kansas politics.
Conway is at the police headquarters in GUS
| tody Of the authorities. Excepting the remark
he made when he was stopped in the street
that 'Pomeroy had injured him and his fam
ily,' Conway has been entirely reticent and has
not referred to TIE affair.
AS the WOUNDS of Pomeroy are not of q seri-
GUS nature, Conway will be detained at the DO
lice headquarters till Monday, when he will be
arraigned before the Police Court.
The weapon used was six shooter. Three
of the barrels were discharged. Conway is a
small sized man and appears to be between 40
and 40 years of age. After the shooting he
seemed very much excited, and upon the first
remark made to him, ':What have you done?''
he replied, Il don't know, or 1 hardly know
what am doing"
Upon examination by physicians it was found
the ball penetrated his coat, vest, shirt and
under shirt, and merely broke the skin on the
edge of the breast bone and then glanced off.
Treasury balances.
The following are the Treasury balances to-
day: Currency 81, 34S, $40; special deposits of le-
gal tenders for redemption of certificates of de-
po.it $11 1925, 900; coin $50, 082 107 including
$50, 948, 400 in coin certificates; outstanding legal
tenders $685., 400, 4SS.
President Grant ON Financial Matte RS.
WASHINGTON, Oct 12.-The views of Presi-
dent Grant on financial matters were expressed
in substance yesterday during a conversation
between him and the agent of the associated
press In the first place he thought that the
panic generally through the country differed es-
sentially both in cause and effect from any
similar event of which he had knowledge.
When such events have heretofore taken place
the distrust has been occasioned as to the cur
rency in circulation Every one in possession
of currency would rush to the banks with it or
spend it in the most liberal manner but now
currency. instead of being depreeiated,is actual
ly becoming daily more valuable. In response
to question, he said he thought he saw in
passing events the first steps toward resump-
ton, for the reason that panics generally occur
when country lacks prosperity, such as fail
| ure of the crops, over purchases from abroad,
&C., which, in this instance, panic has occur
red in the midst of the greatest general pros
perity. He believed he was correct in saying
that our exports since the beginning of the
present fiscal year, exceeded our imports and
that too at time when comparatively no cot
ton, tine largest single item of exports, was
moving. Everything we produce is in great
abundance, and the demand for it abroad is be-
yond the supply we have to spare. Our manu-
factories are prosperous, and many articles
which have been imported to a large extent.are
not only being produced at home but we active
ly competing in the supply of foreign markets
The aid recently rendered in the purchase of
an unusually large numbers of bonds was not
| so much real as moral. The fact is, the Pres
| dent said. the money corporations OF the cOun-
| try had become stampeded and in turn startled
| and stamped the country Had not the Treas
| ury seemed to aid them in some way the fight
| would have aecome more general and the con-
| sequences to the country more fatal. As it
was he really believed that the effect was going
| to be beneficial in many ways to the country at
/ large, though the cost to some individuals de-
| serving of better fate, may be severe.
| The return TO specie basis can never be of
| tered except by a shrinkage of values. This
| always works hard to a large class of people
who keep all they are worth in margins. This
shrlnkage was now taking place and disasters
TO individuals had already overtaken them, and
! ne sincerely hoped the advantage might be re-
talned In order to reach solid financial basis.
Already the currency has appreciated to about
par with silver He wondered that silver is
not pouring out When this should take place
MS theory was that the country could absorb
| Ior S2,0OO,0O0 to $3,000000 of it. This would
prove OF great benefit in several ways 1t would
supply the market for several years for the pro-
uuot vi our mines was becoming drug 1t
would take the place of $4,000 900 of fraction
| al currency, about the amount of change that
experience has proven to be necessary for the
transaction of business, and will become a chr.
! Inghcy which will be boarded in small amounts,
DSilCfcu SILVER Oucc more IN circulation.
greenbaks would never be at discount for sill,
yer. All the fluctuations from that point would
De In the appreciation Of the value of our paper
money fNp0-
| a, AS to legislation, the President said he had
Thought much upon the subject, and if he were
now engaged in writing his annual; message to
congress he should recommend positive author
10y to issue $43,00000O of reserve, a free bank
ing law with the same protection to bill hold
ers as now, the repeal of the clause requiring a
reserve for the protection of depostors, the per
ettentage OF the other reserve to be in gold, and
tnat increased in regular ratio until the whole
reserve would be in gold. This could be safely
aHected by requiring such institutions to save
the whole or large per centage of the gold in
trust paid to the banks on their bonds held by
the Treasurer of the United States for the pro-
tecllon of bill holders. He also favored the
absolute prohibition of the payment of interest
on deposits The President did not contend
That he would be right in these recommended
tons. but they embodied views which his I'M
aided reflections had brought to him.
There was no question bat that much cemor-
allzing and injurious speculation and gambling
was caused by the accumulation of capital in
large amounts during portion OF the. year
| when money is not required for the moving OF