The daily Argus. (Rock Island, Ill.) 1873-1877, 1874-05-01
In HAAzA& ASA Ash AAASa
Grant Raps the Imitation
lists again.
The kind of a Compromise
he Favors.
The Repudiationists Can
Understand Him Now.
He Is in Favor of Redeem
ing Pledges.
And Returning to Specie
Payments.
Andy johnson a Candidate
for the Senate.
Great Snow Storm East.
The Southern Flood and the
Relief Fund.
Andy johnson a Candidate
for the Senate.
Great Snow Storm East.
The Southern Flood and the
Relief Fund.

NEW DIRK, Aprll 5O.-A dlSpatcn
from Washington says: Allusions having
been made to President Grant about a
compromise finance measure that would be
acceptable to both sides, the President re-
piled that he did not know what force was
intended to apply to the term compromise,
unless it was an agreement to carry out !
the pledges of the country That might |
be considered compromise by those who
| originally defeated every proposition offer
ed during the discussion in Congress and |
| by so agreeing have reason II believe that |
such legislation would meet with his ap- |
proval, 1t has been said that he promised |
in his last annual message to heartily sup |
port any measure Congress might decide |
upon. He did not intend any such con- |
struction to be put upon his language. lfl
he had not made himself understood, his
more recent message would clear up any
thing like ambiguity. One thing he had
endeavored to make plain during his ad-
minstration- was for carrying out the
solemn pledges of the government at the
earliest day possible and return to a
specie basis The establishment of our
currency on gold and silver had been up
permost in his mind whenever he sent to
Congress his annual message. He had
not said what kind of a bill he would ap
prove. 1t was his earnest hope that Con
gress would dispose of the question.
The redistribution of So, 100000 of bank
ing currency, with S5,0o0,0O0 of notes be-
Ilonging to broken banks in liquidation,
South and West, ought to furnish for the
present all that was asked, and he had
been informed since the veto of the finance
bill that the New England banks were an
xious to reduce their circulation, inasmuch
as the bonds now held for circulation
b would be released and furnish them with
a larger currency capital for loans than
they now have While our securities
were worth in legal tenders sixteen and
\ seventeen cents above par and national
banking notes were bound to be secured
under the existing law at so much sacri-
flee to banking capital, he did not wonder
that New England banks were anxious to
cancel their notes and get their bonds. In
fact this suggestion came to him early
last fall, during the stringency in the
money market, and he thought it worth
calling the attention of Congress to it in
i his last message Since then he had
] heard nothing to change his opinion on
this point
:. NASHVILLE, April 3O-Ex-P President
johnson, who arrived here this morning,
|
didate for United States Senator in case
the people, before whom he wants the ques-
ton brought, decide in his favor. He an
nounced himself opposed to expansion Of
the currency.
LITTLE Rock, April 30.-Word from
Washington definitely settling the dis
,uted question of Governorship is anx-
lously awaited Some skirmishing occurs
lu
4 private despatch o-night states that ;
sharp engagement occurred between par
~ of Brooks men who were committing
iepredations and detachment of Col
Whites troops,in which nine of the Brook
nen were killed, twenty wounded and th'
rest captured Col White reports sever
IF his own men wounded.
MILWAUKEE, April 30-The Governo
has appointed under the law of last win
ter as railroad commissioners, j. ii. Us
| born, of Oshkosh, granger. for three years
| Geo. II. Paul, of the Milwaukee News, fo
two years; DR.. j. w. Hoyt, of Madison
scientist, for one year.
New ORLEANS, April 30.-State Senate
Barber and Bradford r. Davis, both CO
ored have sued the Louisiana Jockey Clu
Sn for So, 900 each. because of unjust, and llleg
exclusion by the club in refusing to Sc
@ them auarter-stretch badges during the RI
- cent race The refusal was on account {
. their color
LANCASTER. n. a., April 3O-A sno
Is storm has prevailed here for the past twel
ty-four hours, and still continues. III
!. snow is foot deep.
Al ATLANTA, GA, pril 30.--A heavy fro
N this morning, iujuring the crops and frul
n SAVANNAH, ,Ga., April 30-A heavy fro
VI last night damaged fruits and vegetable
SELMA, Ala, April 3O-The Al4bau
is slowly falling. Great damage has bee
done between here and Mobile. The scare
ty of cotton seed will prevent the replar
ing of large area yet inundated.
MEMPHIS, April 30-Jacksonport al
Clarendon, on White river, are i. uDdate
- Officers at St. Genevieve report the who
g country from SlipsIuith' S Landing to \ az
oyerhowed. The destitution is great. II
river is rising slowly.
Five thousand dollars in money and su
n. pl1es have been raised for the louisa
an sufferers.
" PHILADELPHIA, April 30.-The tire,
~ urer of the Louisiana relief fund here d
y thorizes the Mayor of New Orleans to dr.
for $4,000
= Boston, April 30.-Contributions
Louisiana amount to $4,000.
eat New YORK, April 30-Fhe Prodr
;e 'ae- Exchange Committee collected $1,000
an! inc day for the Mississippi sufferers.
an LOUISVILLE, April 30.-Two fiat bo
non loaded with emigrants, cattle, wagons a
OBJ movables, struck a coal feet below b.
m" last NIGHT and sunk. Only the people w
Ia; saved.
,eiy CHICAGO, April 30.-W. Ii. Harris
'''s arrested last Monday, charged with fir
the Globe theatre, was honorably dlseha
!. ed after an examination this morning,
sdtt the slightest evidence OF cflme peluS