The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1874-01-17
BY TELEGRAPH.
Latest News from Washington.

81 BY TELEGRAPH.
Latest News from Washington.
Especial telegramto the Dispatch VI,
WAsMsaroF, January 16.
The Finances
are now the leading subject in Congress, and
were considered to-day by Senator Sher-
man, chairman of the Finance Committee, in
an elaborate speech Of three hours duration,
which commanded the earnest attention Of
the Senate. The speaker took positive
grounds against imitation of the currency,
saying that if iDflationists could have
what they wanted We should always
be in debt, and there would be nc
stop to an increase Of the currency
until we reached just such financial point
as were our ancestors at the close OF the
revolution. The senator thought this was
the time to bring our currency to gold basis
and said If the provisions Of the lega!-.ender
act had been carried. out we should have re.
turned to specie payments long ago. The
greatest evil of our financial system was the
act of April, 1866, preventing the holders of
United States notes from converting them
into interest-bearing bonds at par. This
act, which passed after an hours
debate, conferred greater powers upon the
Secretary of the Treasury than any man
ever before held. Then the antagonism be.
tween Andrew johnson and Congress pre-
vented the due consideration of our finances.
He said one-tenth of the amount Of money
which has been used to pay the public debt
not due would have brought the country to
specie payments. If we postpone the re.
dcmption in order to pay the public debt it
will be many long years before this consum-
nation can be reached.
The Texas Affair.
Several dispatches received here from the
Davis partisans in Texas show the uneasy
and bitter feeling that exists in that State
over their defeat. The clamor for military
assistance by the United States Government
has not ended, and it really seems as if there
was an anxiety to precipitate war in order
to get the Government to interfere. With
out general insurrection which the Gov
ernor of the State-and that is Governor
Coke, who was inaugurated last nights
unable to suppress, tie General Government
stands committed to keeping its forces aloof
from any interference with the business OF
State authorities at Austin.
The Chief-JusticeshiD,
There are no indications yet that can be
considered positively certain as to who will
be the Chief.Justice, though the prevailin:
impression is that New York will have tn
nomination this time. Whether it will b
Senator Conkling, Judge Davis, Mr.. Evarts
or any other of the great judicial minds {
! the State is still subject for unbounde
speculation. The Cabinet had the subjee
| under consideration again to-day withou
reaching a conclusion.
LeSaI-Tenders.
The outstanding legal-tenders have bee
| drawn upon to the extent that only ST. ,00o
| 900 are left in the reserve. What is to /
done when that is exhausted cannot now b
seen. Secretary Richardson seems TO be d.
pending upon Congress, and Congress upo
the Secretary, for relief. The end Of the r.
serves at the rate which they were draw
| upon to-day would be reached soon after th
1st of February.
General Howard.
Two propositions were debated by th
Military Committee of the House on the cas-
of General Howard-one to continue th
investigation by the committee, and the othe
to direct the President to institute coul
of inuuirv. No final action on either propt
sition was reached.
Woman's Rights Convention.
At the Woman's Rights Convention tt
day Miss Anthony earnestly appealed
| yice-President Wilson to say word in bt
half of the cause. She knew bis heart wa
with them, and she hoped if he would nc
come on the platform he would rise in h
seat and give them word of encourag'
ment. The Vice-President arose from hi
seat in the centre of the ball, and said !: g
wish simply to say that am under imper;
tive orders to make no speeches on any sui
ject. will add, however, that twenty year
! ago came to the conclusion that my wifi
my mother, and my sisters We're as muc
entitled to the right of suffrage as mysel
and have not changed my mind since"
TIMoN.
| IAssoclated Press telerams.]
Congressional.
WAsHIsGroN, january 16.-Senate.-Ml
Lewis, of Virginia, introduced bill 10 r.
move the political disabilities of General
r. Morgan, of Virginia. Referred 10 To
Judiciary Committee.