Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-09-17
WASHINGTON.
A Promise of Free Trade in Meme,
Cam the National Bank Monopoly be
Ab0Iished?

Cam the National Bank Monopoly be
AboIished?
WASHINGTON, Sept. 16.--A Washington
dispatch says member Of the Banking aud
Currency Committee of the last Congress
states that be shall advocate system in the
next Congress Which win permit unrestrict-
I'd free banking, conditioned only upon ade-
quate bonded security for circulation. He
believes that banking under the sole condi-
ton OF adequate secarity should be as open
to competition as any other business. Gin
ton L. Merriam, another member of the
same committee, has expressed like views,
with the addition of central redemption.
The member of Congress first alluded to
states he is informed that the national
banks will oppose any considerable increase
of national bank circulation and corre-
sponding withdrawal Of greenback notes;
that the withdrawal of greenbacks under
such circumstances would so hasten The
necessity of the redemption of national
bank notes as utte'ly to destroy the present
profits of the national bank circulation.
The Contest for Speaker.
Special to the Louisville Courier journal.
WASHINGTON, Sept. 15.-Several Re-
publican members of the House of Repre-
sentatives from the West and the South
have been in the city curing The last few
days. Ia conversing upon the Speakership
of the HOUSE, they all concur in the view
that no very formidable opposition will or
can be made to the reelection OF Mr.. Blaine.
The combination which was spoken of some
months ago as formed for the purpose OF
elevating Horace Maynard to the Speaker
ship, has been pretty muca abandoned.
Ge }. Butler, who was TO be one OF the lead
ing members of this combination, has had
his wings SO effectually clipped that be can
not be expected essay any very lofty FLIGHT
for some time TO come. Butler indeed ap-
pears to have undergone such precipitate
descent that it now requires very diligens
INQUIRY to discover any person in these
psr.s who will acknowledge himself his
friend. Since his late crushing defeat he
has called Boutwell, sneak and been so
generally ill-natured that what few friends
he had left have entirely dropped him.
Butler, when he comes back to the House
this winter, will find every one arrsyed
against him. There is no love between
him and Blaine, and, iD the almost certain
event ofthe reelection OF the latter, he may
safely calculate on being remanded to
back seat as q Credit Mobiller Congress
man. 1t is universally concluded that Mr..
Blaine cannot peril his ownfuture prospects
by putting any of them in responsible po-
sitioDs.
The Credit EiObiIier suits.
WASHINGTON, Sept. 16--The Credit Mo-
bilier suits came up to-day in the United
States Circuit Court before Judges Hunt
and Shipman. Ashton, counsel for tte GOV
ernment, announced tha they were ready
to proceed, and asked for an early day for
bearing of argument. G. E. Gross, of Hail
ford, for defendants, in the absence of senior
counsel, asked, owing to that absence, to
have the hearing OF the motion TO dismiss
put down for the 18th inst. The Court,
having other business entered for that day,
fixed Thursday, the 18th inst, at 10 O'Clock
A. NJ. for hearing.