The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-02-07
Details of the Plan of Salvation
for DurelI.
THE PRESIDENT AVID LOUISIANA
Probable Revelations of Frauds in the
Indian Bureau.
The Bankrupt Bill Through the
Senate.


Morey'As louisiana Bill Creating New
Judicial Districts Likely To BE Fa-
vOrably ReporteL-Details OF the Plot
70 Save Durell and the Kellogg Mon
strosity-Alarm of tho Foreign Bond
holders.
The House Committee on Judiciary, it is under.
STOOD nave agreed to report at the earliest practi-
cable moment. the bull Of Representative Morey,
OF Louisiana, for the establishment OF two United
States District Courts in the State of louisiana in
lieu Of Judge Durelrs present court. This bill
geographically divides the State at the Mississippi
River and provides that the First District Court be
held in New orleans. and the Second District
Court at Monroe and Shreveport. II also abolishes
Judge Durell's court and his vulnerable on1cials,
and Is looked upon by many as compromise to
prevent any further proceedings in the Durell i'm
peachment, although IL IS rumored that Messrs.
Wilson and Eldrdge, the subcommittee charged by
The Judiciary Committee, with the Investigation
OF Durel's affairs. have unanimously agreed upon
. report In favor OF appropriate articles OF i'm
peachment, which VIII be presented to the House
Judiciary Committee on Monday next. Hence, as
chairman, General Butler is anxious to push the
Norey bill to q successful conclusion in the House
before action is had on the Durell impeachment
articles. Messrs. Norton, Barrett and Billings
much pleased at the turn which the Dure case
has taken, and express great hope for the success
OF the MOrey BILL and Norton believes that he can
secure his retention in his present position
IS assignee in bankruptcy by the Judge
VINO will be future incumbent OF the Or.
leans district although 1t is generally conceded
among the Louisiana congressman here that
his record Is so OutrageOusly bad that no new
OnciaI would dare to take the responsibility of his
retention in ONCE, as number OF 'heeced"
bankrupts who unfortunately, passed through
q han furn 1ioh
data to prominent authorities here, which will be
used il necessary at the proper time, to make his
continuance in Office impossible.
The purpose Of the visit OF McEnery, MARI,
Jenin and company to New York Is to find out the
number OF Louisiana State bonds Of questionable
character which secret agents of Governor Kel-
logg are negotiating in New York. to be used and
funded by the Kellogg ring, under the new fund
ing bill. The process to be carried out will be
this :-Governor Kellogg, under the bill, appoints
the Funding Commissioners, who will be members
OF his ring, ana they pass upon the validity of all
bonds and those accepted by them will be funded
AT sixty cents on the dollar, including accrued in
terest, which mas not been paid for three years.
The new constitutional funded bonds are made
constitutional from the fact that, If the people
adopt the new constitutional amendment, this
takes these bonds outside Of all future interference
by Legislation, and makes this debt part OF the
gantc law Of the State and all other obligations are
made invalid, and will be virtually repudated, as
all bonds not accepted by the Funding Commits
siOners are cancelled and destroyed on the spot
ike 30 much mutlated federal currency, under the
provisions of the law. II the bondhOlders do not
see fl to accept the provisions Of this
funding act. after the Governor, by proc
lamation, notifies them to appear before said
Commission, the same will be barred in 100 days
after such proclamation from any dement's thereof
Against these infamous provisions OF the law the
foreign bOndholders are protesting ana appealing,
1t is understood to the federal authorities here for
protection through their diplomatic representa-
tives, who are taking measures to present the
same to the State Department Hence the Kel.
logg perfdy may yet draw the United States gov.
eminent into unhappy and embarrassing compli.
cations. Judge Campbell and Governor Warmoth
have been employed by the foreign bondholders to
act with their diplomatic representatives caring
for their interests with the general government.
WarmOth telegraphed here last night that he had
arrived safely in New Orleans, where he repre-
sents the popular feeling as being universally in
favor Ola election, and that the Kellogg funded
bond ring are secretly Boosting that out of that
measure they will make indepe dent fortunes and
have money to spare for use in Congress to main
tain the present status OF the Kellogg State
government
1t is conceded that If the Carpenter New Elec-
ton bill Is referred to the Morton Committee of
Privileges and Elections majority of the commit
tee viii report favOraby upon it. The following
named Senators will vote in favor OF it, namely
Aessrs. Logan, Alcorn, Sumner Carpenter and
salisbury.
1t IS also rumored that the President has again
changed base on the Louisiana question. He
remarked to q Senator yesterday that he would
not feel chaDrined If n oh bo
ordered in louisiana but for personal reasons he
nnds his hands tied, and he is prevented from TAX
ing further action in the premises. The annoy
ances and rascalties or these Lousianlans, he
added, are beyond all endurance, and he hoped
the day was not Tar distant when his administra-
ton could throw them all Off into common not.
ter's field OF his past errors, which experience
would enable HIM to keep clear of in the future He
deprecates the foreign complications likely to
arise from the condition OF financial legislation
brought about by the Kellogg Legislature in their
Funding bill, which virtually repudiates the claims
OF foreign bondholders and enriches few desper-
ate political adventurers. The HERALDs special
dispatches on Louisiana affairs have caused quite
q commotion among Louisianians here. Various
prominent gentlemen are suspected OF being
1eaky, and even the fifteenth amendment brothers
arr accused of talking too much.
The Senate at Length Digest the Bank
nupt Bill-Republican Shyness mt the
Proposed District of Columbia Invcsti-
cation.
The consideration of the Bankrupt bill was
taken up in the Senate to-day, and Senator Ed
munds proceeded to explain its provisions and to
argue upon the amendments offered, assisted by
Sena tor Thurman. The bin continued to receive
the close attention and advocacy which Its highly
important nature called for. Great care and con-
Summate legal wo diapIa vad fhrOuUhOut
provisions as 1t came from the hands of the CON-
1nittee, who had given 1t already every
attention. Each clause was carefully weighed
and discussed by the Senate, Messrs. Ed
munds, Thurman, Wright, Logan, CrOzier, Allen,
and Pratt joining In the debate. Logan and
OGlesby tried to tack on amendments which we're
lost, and the Senate proceeded faithfully and
nnremittingly to the disposition OF each section,
and nnally completed the adoption OF the bill as
reported from the committee, which may fairly be-
said to be the best bankruptcy provision we have