The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-04-10
Action Of the House on the
Currency Question.
THE MFLATI0NISTS AGAIN TRIUMPHANT,
Probable Passage of the Senate
Bill To-Day.
The Effect of Governor
Dix's Message.


The Question Of Innntion I'm the House
Stupid Management OF the Chairman OF
the Finance Comm ittce-Coup d'Etat
OF the Massa chusetts Explosionist.
The House, at halEpast three this afternoon,
closed the open doors OF debate on the financial
bill and resolved itself into Jury the merits of
the bill reported by the Committee Oh Banking and
Currency with the accepted amendments and the
Senate bill, passed on Monday, known as the
Merrm0n substitute. MIR. Maynard, OF Tennes-
see, is chairman OF this important committee,
with associates from Illinois. New York. Connecti-
cut, Indiana, New Jersey. Michigan, Mississippi,
Pennsylvania, wisconsin and Kentucky. And
here 1t may be noted that the Senate Finance
Committee, composed OF seven members, repre-
sents Ohio Vermont, Iowa and Delaware and
three States, Pennsylvania, Michigan and New
YORK, also represented In the House Com
mittae, making in all representation OF the
supposed financial views of fifteen States. 1t will
be seen thar Vermont and Connecticut are the
only New England states on the list, while New
York, New Jersey Pennsylvania and Delaware, OF
the five Middle States. assert their influence over
Kentucky Tennessee and Mississippi, OF the South
ern States, the remainder being Western States.
The time has been when the composition OF i'm
portant committees and the ability OF men on
them was regarded with Difference by both houses
OF Congress- The result OF the struggle in the Sem
ate when Senator Sherman fought CALAMITY Tor
nearly two weeks to save some portion of the bill
reported to that body by his committee is still
fresh in the memory Of the country. This depart
from the tradition OF the past in annihilating
unanimous report, could not be allowed without
every Senator putting himself on the record.
The tall, willowy form OF the Ohio Senator
gracefully yielded to the last sweeping vote which
buried his bill in an ocean OF waste paper and
To n an Of ha Raj DIR
zionist OH 10 the calendar Of bills passed by the
Senate. Well, it happens that MIR. Maynard is also
tall, but not wowy and graceful like Sherman,
talking with the Skill of an ancient mariner, and
better acquainted witch shoals OF the Tennessee
and Cumberland rivers than with the channels OF
trade and the departments OF finance; but to his
lot had fallen the management OF the House fnau-
cia measure. Early impressed with the impor-
rance OF his Office he called the previous question,
and accepted several amendments alreaay sug-
gested by members Of the committee when to his
great dismay he discovered his associates
on the committee only formed rebellious
crew. Randall Merriam Mitchell, Farwell,
Hunter-all had peculiar notions While pas.
sengers, SO to speak, and wanted TO sink
the bill, with their amendments and substitutes,
IN the outer row OF seats were Senators Motion
and Logan, watching progress. The Speaker pa
tiently heard the Parliamentary questions ana en-.
lightened the members the best of mis- ability as
to the exact condition OF things. Alter dozen or
more amendments had been offered Mr.. Maynard
called the previous question, and, his utter con-
fusion. found himself noored by vote-124 against
76-in favor. GoOdDy the last OF the Narragan-
setts. One hours management of that bill was
remarkable confirmation Of Speaker Blaine's judg.
ment In forming the Banking and Currency Com
mittee, who said at the beginning Of the
was not good policy to have too much wis
dom on this committee in the Forty -thrd
Congress. On the Speakers table, with
but two or three bills in the order
OF precedence lay the Senate bill awaiting action.
1t Is not always an easy matter to get at the
Speakers table, but North Carolina had trlumphed
in the Senate, and somehow the members were
singularly impressed that North Carolina was to
doubly triumph in the House, not only by passage
of the imitation measure OF the Bald Mountain
Corruptionst, but also by the leadership OF some
identified with the glories Of the Tarheel State
and 10 it came to pass that the hero OF Fort Fisher
took the floor, and with his long range on the
Speakers table, moved to postpone the further
consideration OF the pending bill and amendments
till Tuesday next ut nali-past one O'Clock The
House recognized the leadership of the gallant hero
and the eternal fitness OF things in having this
plosionst at the fort Join hands with the erup-
zionist in the Mountain district; ana here the
lamentations OF the 'hard money! men could be
heard all over the House articulating something
like, "All we like sheep have gone astray," or
words to that effect. The hero counted his
force, and above the din was heard to say, g have
got votes enough to carry the senate bl.n SO he
had, and the House, by vote OF 1853 to III, de-
clared itself in favor OF delerring further con-
sideratiOn OF the pending bill 1t was now five
O'Clock. The members were hungry, and those who
get their dyspepsia at q distance from the Capitol
were anxious to adjourn. The Speakers table was
still in view, like the happy land OF canaan, and
beneath the Speakers gavel was the milk and
honey bill of the innatlonists. 1t suddenly occurred
to The hero that 1t would pc better TO move TO
reconsider the vote and lay that motion on the
table, which he did, and the adjourn
ment, at halr-past FIVE. left this motion
pending as unfinished business and subject to
come up after the reading OF the journal tomorrow
morning All hope OF restraining the bill with
amendments providing Tor specie payment, re-
dempton OF national banking currency, accunlula-
ton OF coin OF any other proposition indicative of
sense OF honor Is at an end. The House will UNI
doubleday vote to lay the motion to reconsider
the vote Tor postponing ON the taple. Alter the
morning hour the same majority can move to
suspend the rules which give Friday to private
bills, and the House can then go to the Speakers
table. A few executive documents will be speedily
referred and ordered to be printed. Then the
House bills, three in number, returned from the
Senate, with amendments will be referred to the
appropriate committees, and five minutes after
business on the Speakers table ls reached the
Senate Finance bill will have been read twice and
the motion will follow to put 1t ON its passage,
and on that the previous question VIII be
called and sustained. The only evidence
tonight against It's final passage tomorrow is the
Ghbnsterng motion; in which the yeas and nays
can be called and time consumed. But unless
there is better generalsnip among the 'hard
money! men In the House than there was to-day,
Tomorrow the 10th OF April, 1874, will be remem-
bered in the annals OF Congress as the "Black
friday OF the nations disgrace.
proceedings i'm the senate-The General