Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1874-01-17
yaREss The debate on'the finances was

=
CONGRESS The debate oD'the finances was
yesterday resumed in the Senate, Senator Sher
man going into the rudments of the subject.
After explaining that no legislation could alter
the fact that specie was the uilaterable stan
dard of all value, and could, therefore, be the
only proper standard of circulation, he main
tanned that delay in setting about, the resump.
ton of specie payments was in violation OF the
plighted faith of the nation made in March,
1861. Since the passage: of that act the cur
rency had been increased $50, 3lT000. The cry
was for more money. He said uure money,
too, but good money was what he wanted. =
We had now more paper mouey per capita
than any country 10 Europe He did not COM
init himself to any plan Of. resumption, but
thought the proposition to authorize the con.
version Of greeubacks into some bond which
was at par 10 gold, such as the 1en-f orties, was
judicious Mr.. Boutwell, took the floor in de-
fence of the right Of the Secretary OF the Treas
ury to depreciate the currency when it might
seem proper by means Of the forty four million
reserve. - 49, = .,>.....
Nothing Of especial interest was done in the
House Of Representatives, yesterday. Mr..
Small, Of New Hampshire, asked permission to
introduce aresoution of inquiry in respect to
the number of horses owned by the Govern
ment in the District Of Columbia, by whom
they were used, for what purpose and at what
expense, and also:rhe 1uaDoer and character OF
the vehicles used.f His Thirst for knowledge
was checked BY Mf~ Butler, who objected 10 its
reference, to. the Committee on: Civil Service
Reform, and so the resolution was Withdrawn
TEXAS ELECTION TROUBLES. Another tele
gram was received by the President yesterday
from Gov. Davis, of Texas, saying that under
the constitution Of. that State be was entitled
he had made preparations to protect the Off
GERS of the State, Phe' Governor, in view of
the probable difficulties, asked anew for mill
tary assistance. 1t is not probable, howevet
that the General Government. will interfere 10
the StateAroubles.l The telegram of the Presi-
dent, a few days ago, and, the dispatch of AT
torncy General Williams to the United States
marshal at Austin Of yesterdays date indicate
a policy Of non-interference, which is not likely
to be departed from, unless an, insurrection,
which the governments. of: the State could not
Suppress should be exhibited. a7:'i i."tt,s.n"a
Attorney General.:Witliam ANS yesterday receiv-
ed the following telegram, dated Austin, Texas,
Jasuayy l4:, ,gas~s xsz4,,E
aasuyatedl last night; Armed men are, guard
ing the approaches to the offices to the capitol.
Other artAe ed men have possession OF the legis-
lative balls A conflict seems inevitable! "a
message from you nay save US from this dis
aster.n' h;" 1'@'" - =. ~ 'd',." 7..'
To which the following was sent 10 reply: =
i can only appeal to the parties to peace
ably adjust their. difficulties, Cannot some one
negotiate settlsmtnt?2 L have no powef to
interfere, with force, nor have you any .duty.to
perform in respect to the matter, except to ex-
ert Observation-Disclosures for peace.
INTER. OCEANIC SHIP CANAL.-During the
interviews yesterday between Representative
Clayton, OF, California, and Commander Sci
fridge, some Important facts relative to the pro-
posed shlp-canal through the Isthmus of Da-
rien were elected. The engineer OF the Hoosac
tunnel has examined Sefridge's reportsand es
Inmates, aud has expressed the opinion that
the estimate Of $50, 0O0 900 for the completion
OF the work by the Atrato route is not too low,
but entirely sufficient for all contingencies. The
President has requested General Humphreys,
chief of engineers, Professor Pierce, the coast
survey, and .Cummodore Ammen, chief Of the
bureau OF navigation, to report on the subject,
which they will do to their several departments
before long, Meanwhile Mr.. Clayton will in.
troduce next Monday resolution instructing