The New York herald., 1874-05-23
NEW YORK HERALD SATURDAY MAY 23 l874-TRIPLE SHEET
closing up, as lar as possible, OF the unfinished
business Of the session.

closing up, as lar as possible, OF the unfinished
business OF the session.
THE CURRENCY QUESTION.
The two houses. by decisive maiorities having
agree upon the 22d OF June as the day OF the Dna
adjournment OF the session, large amount OF un.
finished business. including some measures OF the
first Importance, viii necessarily 60 over to the
next session, which meets on the first Monday In
December. Hopes are still entertained OF CON-
promise bill on the currency question; but the
chances are heavily In favor OF the opinion that at
the end OF the session the laws In relation to the
currency, the national banks, greenbacks, bonds,
&c, will be exactly as they the first Monday
in December last. The same opinion will hold good
in relation to
OUR TARIFF AND INTERNAL REVENUE TAXES.
On these questions. as on the currency, between
the East and the West and South, and between
protectionsts and Tree traders, the differences in
the connicting interests, sections and parties
are SO wide as to admit apparently OF no
halfway ground OF compromise. Having been re-
trenching in every way and in everything, having
cut down the army and the navy to starvation
ratlons, having carried their "cheese pairing and
candle END" policy Of economy to o reduction OF
the poor salaries OF the half amished clerks OF the
executive departments VINO are retained, and to
the dismissal OF a large number, and all TO avoid
increased taxation, the TWO houses are not IN the
mood for an increase Of the taxes, internal or ex-
ternal, IN any shape, unless as equivalent for
little more currency, as last resort.
THE FLOODS OF THE SOUTHWEST,
chiefly from the 0vcrnows OF the Mississippi at
various points. nave resulted In sucn widespread
dcsoation among the suffering people that
900 ratons tor 90 000 people, and for ninety days,
1t Is estimated will be required TO save consider
able number OF those suffering people from death
Dy exposure and starvation. In addition, there
diate relief, an appropriation OF $250,000 Will be
asked Tor IN their behalf; and, under every con-
stderation Of humanity and sound public policy,
the appropriation should be made.
NEW MEXICO AS THE THIRTY-EIGHTH STATE.
The Dill for the admission OF New Mexico as
State into the sisterhood OF the United states was
under consideration In the House yesterday. New
the required population Tor state, and she has
given the government less trouble than almost
any other Territory BY the treaty with Mexico
Of Guadalupe Hdalgo we are under the most
solemn obligations TO advance this Territory to
the dignities Of State the earliest practicable
trlous, law-abiding people, these people OF New
Mexico from the war OF 1867, when they were
sworn IN as citizens OF the United States by Gen.
eral Kearney, townful at q Jime, down to this
day have proved themselves fully qualined Tor the
duties aud responsibilities OF self government.
COMING ELECTIONS FOR CONGRESS.
The administration has been 1attered with the
autumn for the next Congress will show that the
administration, as the embodiment OF the republ-
can party, holds its ground with the people OF all
sections. There are men, however, among the
prophets here who predict an opposition majority
IN the next House OF Representatives, and cneny
from the South and West. And these prophets say
that you win see the turning OF the tide in North