The weekly democratic statesman. [volume] (Austin, Tex.) 1871-1883, 1874-05-21
TELEGRAPHIC.
A..oss... a Prs. D..snsA~-l
The war IN Arkansas.

each other
LITTLE Rock, May i4.-Both houses me
this forenoon and adopted the following
joint resolution:
WHEREAS, The Legislature Of the Sta,e OF
Arkansas has convened and quorum Of
each house being present, and
Whereas, The capital of the State is oc
cupied by armed and contending forces, and
Whereas, The State House is now in pos
session of armed troops. Therefore be It
ResOlped, BY the General Assembly of the
State of Arkansas, that the President Of tho
United States be, and Is hereby requested,
to put this Legislature in possession Of the
legislative halls and public property on the
State House square as this body are the legal
custOdians thereof while in session, and
that he make such an order for the DISPOSE
ton of the said armed contending forces a
will perfectly organize the State agains;
domestic violence and insure this body pro.
lection, and that duly certified copy oil
this resolution be at once transmitted to the
President Of the United States.
LITTLE Rock, May 6.-Negotiations are
progressing favOrablY for the peaceful dis
persing of the mobs.
Baxter has issued congratulatOry adj
dress.
LITTLE Rock, May 19.-The city is still
under military rule. Pickets are at every
corner. There have been several accidents
from carelessness.
Brooks is still at the State House.
Visitors to the State House report filth
everywhere, but state that the library is un-
molested.
Brooks is still defiant and feels assured
that the President acted hastily.
Baxter talks death to traitors and advises
Brooks to leave the State.
Baxter sent a telegram to Washington to.
day that Col. Terry would testify that
Judge Bowen, Dorsey's opponent for United
States Senate, was paid $50, 600 by the lat
ter to withdraw from the contest, and that
he Baxter) was told by Dorsey that he had
deposited $25, 900 in bonds for the purpose
of 'bribing the Legislature.
There are alarming accounts from the
country. Houses and barns are being
burned. The two recent murders reported
were parties homeward bound. From
either side the mob is malignant.
New York.
NEW YORK, May 16.-The Journal de
Paris announces the death of Mile. Tostee.
No other newspaper makes mention of the
fact, but the Journal affirms that she died
at Pau of grief at the loss of her daughter.
Mile. Tostee will be remembered as having
been the original Grand Duchess and
Labelle Helene in this country.
1t is impossible for Weston to beat his
r6tce against time. ssEa ssF
NEW YORK, May 1.-THE City of Guate.
mela has arrived from Aspinwall, with
Ia A..
In Valparaiso, or the eighteenth of April,
the affair of the steamer Tocua still Occu.
pied the public attention.
The Gillian authorities insist that Capt.
Hyde is responsible TO the Chilian tribu.
mails. In reply to protest of the British
Minister, the Ghilian foreign Minister stated
he could not interfere with the Judicial
officers of the country. The imprisonment
of Capt. Hyde seems indefinite.
Advices from Hayti say the Presidential
election occurs on the fifteenth Of May
Gen. Dominique, the chief candidate, was
in POrte-au-Prince with 200 troops, and &
similar force in the environs. The party il
inimical, and are said to number severa
thousand, and are determined to resis
forcibly, and while Dominique canno
count on majority of the Senators, he hal
determined to fight the executive power.
The Second West Indian regiment has ar
rived returned from Barbados and Asian
tee.
Washington City.
WASHINGTON, May 14.-It is understood
that President Grant has consented to st
Louis for Gen. Sherman's headquarters.
The Cabinet talked two hours over Ar
kansas matters. The Legislature will b
supported.
WASHINGTON, May IA number o
Southern Representatives had meeting il
the room of the House Committee on Agri
culture to-day to fix on some measure 70
the reimbursement of the cotton tax Levied
by the government some years since anC
subsequently pronounced demonstrations
by the United States Supreme Court. TIL
amount of taxes imposed was 500, 600, 900
Thirteen Southern States were represented
and the members generally agreed that som
measure of relief should be passed by Con
gress.
WASHINGTON, May 15.-The following
carefully prepared statement of the mean
ing of the currency bill passed by the Sen
ate (though+no one seems to understand it
is telegraphed as the closest approach 3
the solving of the riddle extant: The ney
Senate currency bin, passed yesterday b
that body, provides for free banking, re
leases the reserves on circulation, excep
five per cent, which is to be deposited i
the Treasury for the purpose of redemption
in United States notes, and requires reserve
on deposits to be kept by each bank In it
own vaults part of which reserves shal
be one-fourth part of the coin received b
it as interest on bonds held as security b
the United States Treasury, to prepare 70
specie payments. The bill requires the re
tirement Of greenbacks, equal in amount !
twenty-five per cent. OF the new nations
bank currency issued, the retirement to bl
gin within thirty days after the amount Q
81, 900, 600 of the national bank currenc
has been issued. The maximum amount O
United States notes is fixed at $3.50, 600, O0C
and retirement shall be in reduction of tha
amount until it be reduced $500, 600, 0OC
The redemption section Of the bill provide
that on and after July, 1878. the greer
backs, whenever presented in sums Of 800
or any multiple thereof, may be redeeme
in coin or bonds bearing four and a hal
per cent interest in coin, at the option G
the government, and it shall be compulsor
on the Secretary of the Treasury to reissu
the notes exchanged for bonds. The be-
features in this bill arc those which requiI
the reserves on deposits to be kept by Il
banks in different parts of the country
their own vaults, instead of sending thel
OF to New York, to be loaned for specul
tive purposes in Wall street, and whiC
provides that part Of these reserves sha
be constituted Of one-fourth part Of q
coin received as interest on the bonds bel
by the government as security. These pr
visions may serve to strengthen the banl
at some points, and perhaps tend to keS
up better distribution Of the curren C.
the volume of which, however, It seem
must inevitably be increased il the bill b
comes a law. Thus there is TO be more
less of imitation under It, and the muC
talked of elasticity. Perhaps the prov
sion releasing the banks from the maini
nance Of the reserve on their deposits, G
cept i've per cent. deposited in the Treasul
for the purposes Of redemption, Is q HbeE
one for the country
Attorney General Williams has given /
opinion in the Arkansas matters referred
him by the President, he says h would
disastrous TO allow the proceedings by viii
Brooks obtained possession Of Office TO
drawn into precedent, there Is not