The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1874-05-15
CURRENT NEWS.
WARRINGTON.
INDIANA

The House Committee ON Territories have
agreed 10 submit report favorable to the nd
mission of New Mexico as State.
Mr.. Armstrong, delegate in Congress from
Dakota, recently made an argument before
the House Committee on Territories in favor
of constituting the northern half Of that Ter
rtory new Territory, TO be called Pembina
The investigation into the District Of Co
lumbia paving contracts has finally devcl-
oped the fact that VIM. q. Moore, business
partner Of Governor Shepherd, was interest
ed in the DE Golyer and Mcclellan contracts.
Governor Shepherd testified that he had no
knowledge OF his partners completely, and
that a soon As the fact became known TO him
he at once dissolved his business relations
with Moore.
An Associated Press dispatch of the Both
gives the following As the Presidents views
on the financial question, rs elected in a re-
cent interview:
Auusion having been made to President Grant
ibout "A compromise OF the finance measure that
wo..ld be acceptable TO both sides, the President
replied that he did not know what force WAS in
tended to apply % the term compromise I'M
less Il was AN agreement To carry ost the pledges
OF the country; that might be considered com
promise by those who originally defeated every
gress, and 10y so agreeing have reason 20 believe
that such legislation would meet with his APP
proval. II has been said he promised IN his last
annual message 10 heartily support any measure
Congress might decide upon lie did not intend
any such construction to be put upon his Ian
guage Ii be had not made himself understood.
his NOR. recent message would clear up nything
like ambiguity One thing he had underworld
TO make plain during his administration had been
that he was for carrying out the solemn pledges
OF the Government at the earliest day possible,
and specie basis, the establishment OF our cur
rency on gold and silver had been uppermost in
his mind whenever he sent 10 Congress his annual
message. lie had not said what kind of bill he
would approve. II was his earnest hope that
Congress would dispose of the question The re-
distribution Of twenty-five million dollars Of
bank currency, with i've million dollars OF
notes belonging TO broken banks and banks
In liquidation In the North and West, ought to
furnish Tor the present all that asked for, and
he had been assured since the veto of the Finance
bill, that New England banks were anxious
10 reduce their circulation, inasmuch the
bonds now held for circulation would be released,
and furnish them with larger currency capital
for loans than they now had While our securi- |
ties were worth in legal tenders sixteen seven
teen cents above par, and the national banking
notes were bound To be secured under the exist |
ing Law as So much sacrifice to banking capital
lists, he did not wonder that New England banks
Were an Nious To cancel their notes and get their
bonds. In fact this suggestion came TO him early
last TALL during the stringcncy of the money mar
ket and lac thought II worth calling the attention
OF Congress to in his last message. Since then he
had heard nothing to change his opinion.
The following Is arecapitulation of the pub
IL. I.