The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-04-22
WASHINGTON.

WASHiNGfON, Apru II, 1874
The Fate OF the Finance Bill Depending
Upon the President's MoOd-No Action
Yet.
The Finance bill is still unsigned. The President
gives himself no uneasiness, and to-day politely
dechned TO receive several prominent republican
senators VINO are sponsors for the bill. .It
WIN depend very much upon his mood,n
said leading Senator tonight, "whether
he signs or vetoes the bill" Secretary
Richardson Is brave enough to oppose 1t, and has
gwen bis reasons in writing. Several other men,
0ers or the Cabinet Influenced by inter-oceanic
statesmen who do not know anything about
nnaDce, are willing to increase the volume OF cur
rency, provided 1t improves investments made in
for or against imitation.
The Majority OF the Cabinet In Favor
of tho Bill.
There was another long session Of the Cabinet
to-day ON the Senate Finance bill. All the men,
bers were present. but after the meeting they
declined to converse on the question they had
been discussing, nor would they intimate whether
or not the President VIII approve the bill. 1t is
confidently said, however, by several gentlemen
OF special prominence that the President was at
first inclined to veto the bill, his objection being
mostly confined to the first section OF It, but the
general BELIEF now Is he Will approve 1t, as
S"O AAoJOANJ VI VIC OhDlucL ldtOT SUCH course
on his part.
Tho House FREQ Banking Bill.
The Senate Finance Committee to-day agreed to
defer action on the House Free Banking bill until
1t shall De known whether not the President will
approve the Senate Finance bill now before him.
This bill was presented to the President on last
Thursday, the 10th inst, and consequently he has
until Monday TO return 1t without his approval II
ne decides TO veto it. II not returned at the expi
ration OF that time the bill will become law with
out his signature.
Senator Summers Memory and the Out
rage upon 1t.
senators Boutwell,, Anthony, Sherman Nc
Creery, stockton, Cameron and Thurman will
deliver eulOgies on Mr.. Sumner in the Senate, on
Monday next. The inexcusable publication or
Summers undellvered speech. narratng his rup-
ture with the republican party, has so provoke ed
some Of his friends that they refuse to speak. A
statement OF the position Of Mr.. Sumner on the
Alabama treaty. and OF his personal relations with
President Grant and Secretary Fish, Is now being
prepared. 1t was called for by the publication OF
the speech mentioned above which Mr.. Sumner
prepared In the heat OF Presidential contest but
never delivered. Only few copies were sent to
those whom he considered his friends, and each
one Of these was marked In his own handwriting
''confdential," an Injunction which has proven
futile even after the death OF It's author, which
should have rendered 1t douby sacred and binding
The Creation OF superintendent OF
Public Printing.
The war waged against the Congressional Printer
in the House OF Representatives, and animated ac-
cOrdng to allegations by the managers Of the
Globe, since that establishment lost the profitable
publication OF the debates, has resulted in the
passage Of an amendment to an appropriation
BILL which legisates Congressional Printer Capp
out OF the ONCE on the LIST Of July and restores to
the President the right to appoint Superintend-
ent Of Public Printing. AS the Senate Will concur.
there is already lively scramble for the place.
The frregularities In the Postal Depart
ment.
The House Committee on Post once and Post
Roads had meeting to-day relative to the charges
OF alleged irregularities In connection with mail
lettings, &c. and adjourned till Friday. 1t Is
stated by several members OF the committee that
the troubles Of which complaint Is made seem to
result from defects in the law designed to prevent
straw bidding and do not involve any Intentional
wrong doing by the department.. 1t is also stated
that many, If not all. of the charges preferred by
Representative Stone were investigated In the
last Congress- and that the majority report OF the
committee at that time fully exonerated the de-
partment.
Education OF Argentine Military Cadets
Mt West Point.
The Secretary of War sent to the House TO- cay o
communication enclosing o letter from the Pres-
dent OF the Argentine Republic requesting that
four or six young men OF that country, graduates
OF its military school, may be permitted to enter
the Academy at West Point at the expense OF the
Argentine government. The papers were referred
to the Committee on Military Affairs.
Resignation OF Commissioner Drum
mOnd..
In consequence OF the inadequate salary allowed
him, Commissioner Drummpnd. OF the General
Land once, has resigned and will retire nom the
once on the 1st day OF May.