, 1874-01-18
NOTES AND NEWS.
Special ptspateh to The Chicago Tribune.

Special Dl1pnfeh to 1Rt Chicd9o 4F*otHss
THE pARIEN CANAL SCHEME.
WASHINGTON D. c. Jan. 17-There are indications
that the Da1eu Ship Canal scheme will bc vigorously
urged On the attention Of Congress tha scaa1on can
fofpta Is particularly interested and Will take the Lead
In the NATTER The work. is estimated, will cost 0oo-
co., which is agaclle to great nation IN HASH
times like these.
PREspESr GRANTS RESIDENCE.
The Ereninu Star announces TINT President Grant
has purchased ground upon which to erect q par
maneut residence In the vicinity Of 6enator Stewards
new house. The President has quite freely expressed
his opinion In the last year two that Washington s
the only city In tho United States worth living
in and has doubtlesB fully determined to lEe here
after his second term Is expired Ono Of the numer-
GUS row Of buildings that have recently been put up
By Gen. Ba5cock, is reported to be owned by the
Presdens md he has made other Investments In the
District which promise to be very renuncratlye suh
GENTLY so at least, to enable him to maintain tie
sllendor OF ssconl-rate court.
DOS rJArT DRaNAT1sr.
Don piatt Is announced as having nearly completed
9 moral drama for Clara Morris, the emotional &C
tresa.
TIE 1EaA1-TESDEn RESERVE
The announcement Is made that there are but
900 Of the legatendcr rescrve in the Treasury
This, the Secretary Of the Treasury thinks, viii ast
outgo.
The yar between the Baltimore l. Ohio and PennBy1-
yania Railroads is increasing IN vtn The baltimore
OLio is now making effort to have the charter OF
city. repealed by tho Maryland Legislature The law
making body Of Maryland will have fine chance to
make money thia fight is carried on as obsttnntelg as
is now promised.
TEE MEXICAN WAE vETKRASs-
WASHINGTON, Jan 17.-The Mexican veterans this
morning adopted memorial to Congress asking Tor
pensions for those who were engaged In the Menean
ward visited the Executive Mansion, where
ex-tioy. Herbert, Of Louisiana, made & short
address to the President sayng thnt the %
him an old companton-in-a11ns Z the glorious md
victorious battles in Mexico. The President bowed bis
@ ea
On the return of tho veterans their hail. they
entertained with the story of the that graced the
platform. It was presented to Gen. Jackson st tho
close the War OF 1872 ty the ladies' Of South C1ro
he South Carolinian who should distinguish himself
the next It is now held In trust Tor the last
survivor Of the Palmetto Regiment In the Mexican
War. ....-
4 resolution WAS ndoptcd asking Congress to remove
disabilities Of Mexican veterans who may have SERVED
The Convention elected the following officers Of the
permanent Association President, Gen. George Cad-
wnllader; ice-Presidcnt and Counsellor from each
State and Territory; five Secretaries and TFeaznfe1s
PRESIDENTIAL ELECTIONS.
The Senate Committee Privileges and Elections
oay held two hours discussion on tho proposition to
dent by direct roto Of the people.
The House met IN Committee Of the Whole for gen
erzi discussion On ralscelaneous TOPICS MI ansk n
the chair. Speeches were made by Mr. Hazris, OF
Georgia, ciyn-rights; by Messrs- Kelley, IoWn-
send. and BurchaId finance and currency.
The House adjourned at AIS.
LE8AL-TENDEn9.
Outstanding legal-tenders, $685., SITS.
TIE NATIONAL BOARD OF TRADE
The Executive Council Of the National Board of
Trade who have Just adjourned their animal session
at Baltimore, are here, nnd will appear before tho
Finance Committee Of the Senate and the Nays and
Means and the Banking and Currency Comnittees Of
the House, to urge amendments to the Bankruptcy
and tue National Bank laws The Council will argue
against the total repeal Of the Bankruptcy Law, and In
fsyor Of allowing it to stand with certain amend
mens such ~ have been heretofore indicated In your
dispatches.
N THE NATIONAL IANK Law
they viii recommend particularly an amendment
curtai1ng the discretionary powers Of the Comptroller
Of the Currency. In were bankB are delinquent
the powers which the Comptroller enjoys In the matter
OF imposing penalties in such 70 extraordd-
nary that they only open the doors to bring corrupt
Influences to bear officials hut also opernte as hard
ships on the banks The Council will also urge the ap
pointmcut OF Board Of Commissioners to consider
and suggest measures for the benefit Of commerce.
FINANCIAL.
Dawes viii not probably secure majority Of the
WaYs and Means Committee in favor Of Ills bill to
authorize new loan Of $2o,0 ,0D0, 600.
POSTAL ITEM.
Postal service has been ordered on the Michigan,
Midland / Cannda Railroad from st. Clair to Rich
mond, Mich, to commence Feb. 2.
|. . THE vInGE71Us NAVAL COURT
has adjourned, and, Judging from the testimony
elected the findings - The sinking Of the Vir
Rtuius was unavoidable under the circumstances"