The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1874-01-23

House there IA no necessity to increase taxation
or 10 increase the public debt ~ further loan
y mere shall Dr economy ~ lublic Expenditures;
and That In view Of the condition of ihe national
finances, the House will reduce appronria
uons and public expenditures 10 the low, 81 polnt
consistent win The proper administration OF
public Affairs The rules we're suspended and the
resolution adopted-yeas 81 NAYS d Mr. Haw-
ley moved io suspend the rules and adopt a re.o-
luton declaring 4 to be the sense 81 me House
that the expenditures OF the nation can be- ana
should be SO reduced and regulated that they can
be met by existing taxes, and that IA no event
should there be an increase either at interrsr
bearing or nOn-iniercs bearing obligations Of the
Government. Agreed 10 without the yeas aud
nays. Adjourned.
In the Senate, ON the 18th, the consideration
OF the resolution reported by the Finance COM
mlttee, declaring it To he The duty OF Congress 10
adopt definite measures 20 redeem the pl.ir, in
he act 81 iet9 for the earliest practical rei,mu-
lon 90 ; notes in gold coin, wn~ r,sunicd
number of resolutions were introduced hut IA
definite action reached. The ~snatr .tlilurupl
out Of rrsps &c 10 the memYry oi JHm.s Brooks
ana wilder ID. Foster, ioIm n members OF the
House.
In the House, on the 18TH the further
consideration o. the bill 70 promote education
was postponed until March The House then
took M the ~cnate substitute tor the salary bill
watch was passed. -9si noes. 10 ihe hi
j0urntd.
In the senate. on the l4th. Mr.. Schurz made
alengthy speech upon the financial question. IA
voring specie payments and denOunclng the poli-
cy OF Secretary Boutwell,. lie disapproved of
the reissue OF any portion of the 81. NJ OlO re-
serve, ana declared Il 10 be his candid opinion
tnAt tie present lime Is the most OIpl4t.ne since
the close ot the war to resume specie PAYMENT
Ii this time be lost we would have o. wait an
other financial crisis nj overcome greater
evils. Many OF the difficulties In the WAY OF
specie resumption had been surnuunted
by the crisis Let u be understood that
We are % return o. specie pay mgnt- and every
sensible man will take care not "a run into debt
that Is not absolutely necessary, when he knows
that tie money with which be- H. "a pas such debt
viii daily appreciate IN value lie argued that
the West and south had never been benefited by
imitation, but those s,cuOns would BE- greatly
benefited bv resumption In conclusion he ar
gurd that the Government Is in Law bound 10 re-
ur.In liz promises soon As possible; that the
crisis was not produced by any INSULT
cheney OF currency; that suld,p scare
mi-ht DE checked hy an ncreNe OF
currency thai pAnie broueht about by over
speculation, could not be remrdird hy eNpan-
sion, that an "a pAnhtun Of currency wOa M di-
vert capital from the Legitimate channels OF BUSH
nr7s and IL m1ralize commercial we'll So
cial lille; IN any further expansion would IN
en- Ast Tie difficulty OF rstumpiinni that any adj
diiion o. tie currency would NOT satisfy. but ex-
citr me demand Tor more money, and put the
country sull further on The r04t % bankrupt
cy ~. The senate went into executive session,
and soon after adjourned
In the House. on the 18th. the Naval APP
preparation hill was considered N Committee Oh
the Whole. In 4 discussion on th item appro-
piiaiing slbs O00 for civil establishments at the
various naval depots, Alr. Beck tpok oi The
truFagance of The Navy Department. charging
that IA nfy Appropriated had been Npruded tlr
political purposes Ae-srs Hale, -tafkwealher
ami Kelley replied 10 Mr.. B,ek. thr former as
-efiing that Mr.. Beck had frtqu. ntly made the
same charges, and a frequently h,.n answered.
The committee rose without having made much
progress on the bill and the IIous. 'j.uru.d.