The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1874-05-14
General News Summary.
Washington News.


The attorneys representing both parties in
the Arkansas dispute for the Govcmorship
called on the Attorney. General, in Washing
ton, on the 10th, and submitted written argu-
ments in support Of their respective claims.
1t was stated that the decision Of the Presi.
dent would be made after a thorough consid-
Grafton of the arguments thus presented.
O. H. Kelley, Secretary of the National
Grange, sent a telegram from Warrington on
the 18th to H. N. 8. Lewis, Master Of the
Louisiana State Grange, to the effect that he
had sent by express, by order Of the Execu-
tive Committee Of the National Grange, $1,000
for the benefit Of the suffering members of the
order In Louisiana.
A Washington special of the goth ult. states
that there seemed to be much doubt whether
the Senate Finance Committee would be able
to report any compromise currency bill, and
both sides were disposed to think that the
chances of securing anything beyond with
drawing the SIS, oOO, 900 from the East were
very slight.
The following dispatch from Washington
was received in New York on the SOth ult.:
Allusioa having been made to President Grant
about compromise finance measure that would
be acceptable to both Sides the President replied
that he did not know what force was intended to
apply to the term compromise" unless it was
% S s Of the
by those who originally defeated every PROPOSE
ton offered during The discussion in Congress,
and Sy g Agreeing he has reason to believe that
has been eaid that he promised in his isst ANIMAL
mrh Hpo id
his language. II he had not made himself
up anything like ambiguity. One thing that he
had underworld 10 make plain during his admin
istration has been that he was for carrying out the
solemn pledges Of the Government at the earliest
day possible, and reach q specie basis. The es-
adjustment Of our currency on gold and silver
ne
what kind Of bill he would approve: 1t was his
earnest hope that Congress would dispose OF the
banking currency, with rs 600 600 Of notes belong
ing to broken banks and banks in liquidation Of
the South and West ought to furnish, for the pres
ent. ali that was asked for. and he had been as
cured, since the veto Of the Finance BILL that New
England banks were anxious to reduce their cir
culation, inasmuch as the bonds now held for cir
with larger currency capital for loan 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 existing Law at 60 much sacrifice
to banking capital, he did not wonder that the
New England banks were anxious to cancel their
came to him early last fall, during the stfingency
in the money market, and he thought 1t worth
calling the attention Of Congress to in his last
message Since then he had heard nothing to
change his opinion on this point
By the provisions of the Louisville l. Port
land Canal bill passed by Congress the canal
becomes the property Of the United States,
subject to lien established by mortgage. In
the future only such tolls are to be charged
as may be necessary to meet running ex-
penses.
The following is recapitulation of the
public debt statement for the month of April /: